Guarantor
A person who promises to be answerable for the debt of another is called a Guarantor.
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A Mortgage Guarantor is a person who will guarantee that the mortgage repayments are made in the event of default by the borrower.
Guarantor program
Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L)
for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee.
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Guarantor: a person or organization that guarantees repayment of a loan if the borrower defaults or is unable to pay.
Guerilla marketing: A marketing technique, the aim of which is to damage the market share of competitors.
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Guarantor:
A third party who agrees to repay any outstanding balance on a loan if you fail to do so. A guarantor is responsible for the debt only if the principal debtor defaults on the loan.
Guardianship Provisions: ...
Guarantor
A guarantor is someone who agrees to pay a debt if the person who owns the debt fails to do so.
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Guarantor
A person (other than the borrowers) who guarantees the mortgage repayments in the event the borrower defaults. The guarantor may be requested by the lender to guarantee the entire mortgage or only a proportion.
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Guarantor - A person who promises to make good on your obligation to make a payment if you fail to do so.
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Hedge - A protective manoeuvre; a transaction intended to reduce the risk of loss with price fluctuations.
Guarantor
If lenders are concerned about your income, your credit history, or other risk factors when you apply for a loan, they may require a guarantor, or cosigner.
Guarantor - a party who has legally agreed to be responsible for the payment of another party's debts.
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Guarantor
A guarantor is a creator of trust who takes the responsibility of the repayment of a loan, and is also, in some cases, liable and equally responsible for the repayment of the loan.
Household Income ...
guarantor (or covenanter)
A person who promises to be responsible for the repayment of a loan.
Guaranteed Investment Certificate
An investment that pays a set rate of interest over a fixed period of time.
Guarantor: A party who agrees to guarantee repayment or performance.
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Joint guarantor:
A guarantor who jointly and severally pledges to become legally liable for the debt or default of another person. Legal entities can also act as a joint guarantor. Also known as joint surety.
guarantor
person or corporation who guarantees payment by another. Also known as a surety. A guarantor becomes a co-endorser and assumes liability in event of default.
guarantor of public offering an institution or group of institutions who, for a fee, guarantee a public offering from a corporation and, if it fails to find enough buyers, will purchase the remaining shares
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Guarantor Loans for Bad Credit
by Robert Arthur Thompson
When one applies for a loan and is able to successfully repay it with no major problems, this is a good thing. Such a scenario boosts the credit record of the borrower.
Guarantor:
A party who agrees to be responsible for the payment of another party's debts should that party default.
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Guarantor
A party who will guarantee repayment or performance of a covenant.
Guardian
An individual or trust institution appointed by a court to care for a minor or an incompetent person and his or her property.
Guarantor
"The party that assumes responsibility for repayment of the debts of another in a kafala relationship."
khabeer ...
What is a Guarantor?
Is is a Good Idea to Buy a Refurbished Mobile Phone?
What is the Difference Between Refurbished and Repaired Mobile Phones?
For a fee, guarantors such as Fannie Mae, Freddie Mac, and Ginnie Mae guarantee mortgage backed securities against homeowner default risk, thus eliminating the credit risk associated with mortgage notes.
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Bond with surety or guarantor,
Bond with collateral,
Letter of credit, and
Guarantee (corporate transferors).
If a loan is with recourse, the lender has a the ability has the ability to fall back to the guarantor of the loan if the borrower fails to pay. For example, Bank A has a loan with Company X. Bank A sells the loan to Bank B with recourse.
Guarantee Fee A sum paid by the importer to the guarantor, usually as a percentage per annum of the face value of the bills or notes being guaranteed.
signature guarantee The authentication of a signature in the form of a stamp, seal, or written confirmation by a bank or member of a domestic stock exchange (or other acceptable guarantor). A notary public cannot provide a signature guarantee.
The aim is to bring finance back to its original function of guarantor of savings, and of supporter of real economic growth.
Federal National Mortgage Association (FMNA), commonly known as Fannie Mae, a privately owned and operated corporation that is the largest purchaser and guarantor of home mortgages in the country. Headquartered in Washington, D.C.
The giver of a guarantee is called " the surety," or " the guarantor "; the person to whom it is given " the creditor," or " the guarantee "; while the person whose payment or performance is secured thereby is termed " the principal debtor, ...
Settlement at expiry is not guaranteed by the exchange, but by a guarantor; usually the issuer.
A jumbo loan is a mortgage with a principal balance that exceeds the lending limitations established by Freddie Mac and Fannie Mae, the purchasers and guarantors of the secondary mortgage market.
Just as if the primary guarantor were to default, if they were to pass away, the bank then has the prerogative to come after the co-signer to satisfy debt obligations.
A judgment against a borrower, endorser or guarantor for the balance of the debt issued when the security for a loan is insufficient to satisfy the debt.
The instrument is executed by a lender and a borrower or guarantor as collateral for the payment of a debt that creates a lien on real estate owned by the borrower or guarantor.
Guaranteed bonds are in effect debenture bonds (unsecured) of the guarantor. However, if the guarantor has stronger credit than the issuer whose bonds are being guaranteed, the bonds have greater value.
How to Get a better SBA Loan The Small Business Administration (SBA) is an important guarantor of business loans for American business entrepreneurs.
Guarantee Agency or Guarantor
State agencies responsible for approving student loans and insuring them against default. Guarantee agencies also oversee the student loan process and enforce federal and state rules regarding student loans.
CONTINUING GUARANTY - A guaranty in which the guarantor agrees to guarantee all future loans made to th...
CONTINUING OPERATIONS - Term used in an income statement to denote recurring income as opposed to incom...
This is an information exchange between licensed credit guarantors, credit reference agencies, mortgage lenders and similar organisations established to identify and block fraud at the application stage.
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Medallion Signature Guarantee: A signature guarantee is a warranty by the signature guarantor that the endorser is the appropriate person to endorse and transfer the security.
The money raised from this type of bond issue is used to pay for the construction of the new facilities. The facilities are then leased to the corporate guarantor.
The provider of the guarantee is known as the guarantor. Note that in the case of some capital guaranteed products, the guarantee is often only as good as the guarantor's surplus of assets over liabilities. (See also Indemnity).
Options Clearing Corporation - OCC
A clearing organization that acts as both the issuer and guarantor for option and futures contracts.
Notes:
The Options Clearing Corporation is regulated by both the SEC and the CFTC.
A sum paid by the importer to the guarantor, usually as a percentage per annum of the face value of the bills or notes being guaranteed.
Guarantee letter ...
The guarantor could be a commercial bank, credit union, brokerage firm, or other financial institution that is a member of a medallion signature guarantee program approved by the Securities Transfer Association and the SEC.
Guarantee
A financially binding guaranty assuring that an obligation or contractual agreement will be fulfilled by the guarantor.
Guarantee Mortgage
Loan that is guaranteed by a third party, for example a government institution.
A clearing organization that acts as both the issuer and guarantor for option and futures contracts.
Options Contract
One options contract represents one hundred shares in the underlying stock. The quoted price of an option is per share.
Lender of last resort - The role of the Bank of England (central bank) as the guarantor of sufficient liquidity in the monetary system.
In the US, the federal agency that acts as guarantor for funds (of modest size) deposited in member banks....(Read more)
Federal Gift Tax
In the US, a federal tax levied on gifted property, money or securities.
Applies to derivative products. Financial institution that is the actual issuer and guarantor of all listed option contracts.
Options contract ...
Contingent Liability - A potential obligation that may be incurred dependent upon the occurrence of a future event. Two examples are: (1) the liability of an endorser or guarantor of a note if the primary borrower fails to pay as agreed and (2) the ...
CompCorp is the Canadian Life and Health Insurance Compensation Corporation, the industry-owned, mandatory liability guarantor for Canadian life and health insurance.
Compensating Balances ...
The North Carolina State Education Assistance Authority is the guarantor under the North Carolina FFELP. Subsidized and Unsubsidized Federal Stafford Loans and Parent PLUS loans are included in this program.
Options Clearing Corporation (OCC)
Applies to derivative products. Financial institution that is the actual issuer and guarantor of all listed option contracts.
The taking of title to property by a grantee, wherein he or she assumes liability for payment of an existing note secured by a mortgage or deed of trust against the property; becoming a co-guarantor for the payment of a mortgage or deed of trust note.
(CMHC): The federal Crown corporation that administers the National Housing Act. Provides housing information and assistance to consumers and insures home purchase loans for lenders. The company also acts as guarantor of qualified commercial and ...
Signature Guarantee A stamped or typed assurance by a financial institution that a particular signature is valid. A notary cannot provide a signature guarantee. Acceptable guarantors include commercial banks that are members of the FDIC, ...
This role was tested in 2007 when Northern Rock couldn't raise enough funds on the money markets and were forced to borrow from the Bank of England with government acting as guarantor.
Setting Interest Rates.
TREATMENT Term used to describe the tax treatment where the profits and losses of associated companies may be grouped together and, in effect, be treated as the aggregated profits of a single enterprise (sometimes called a "fiscal unity").
GUARANTOR ...
Financial institution that is the actual issuer and guarantor of all listed option contracts.
 See also: Expense, Banks, Saving, Funding, Values
  
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