neu arrangierend

listen to the pronunciation of neu arrangierend
German - English
recasting
present participle of recast
Adjusting the terms of a loan agreement in light of new developments (i e lower rates, possible default)
changing a particular word or phrase
The adjustment of a loan that would otherwise be defaulted
Redoing an existing loan for a borrower owing backpayments in order to avoid default and foreclosure; the interest rate and term may be readjusted to lower payments
Financial recasting eliminates from the historical financial presentation, items such as excessive and discretionary expenses and nonrecurring revenues and expenses, since they reflect the financing decision of the current owner and may not represent financing preferences of a new owner Recasting provides an economic view of the company, and allows meaningful comparisons with other investment opportunities
Rewriting a loan with new terms to accommodate a borrower threatened with default A recast loan may lose priority over previously recorded junior liens
The re-aligning of the existing resources within our county maintenance organizations to create the capacity for more agile relationships Successful recasting means reassigning responsibilities at the appropriate level, identifying and reassigning Externally Focused Managers (EFMs), revising job descriptions for Assistant County Maintenance Managers (ACCMs) and Highway Foremen, establishing local Peer Review Teams in each county, and developing training plans to facilitate implementation Highway Foremen assume additional responsibilities and operate with greater independence This allows the EFMs and ACCMs to become more outwardly focused, develop partnerships with local governments, share resources, and better meet our customer's expectations
An adjustment to the current mortgage -- a loan modification -- that does not involve the issuance of a new mortgage guaranty insurance certificate With a recast loan, a modification may be made in the type of instrument involved In whatever form a recast loan takes, the major benefit to the borrower is the potential for substantially reduced mortgage payments
The process of rewriting existing loans, especially where their is a default The term and interest rate may be adjusted to take pressure off the borrower
the process of adjusting a loan arrangement, especially under the threat of default