UPB

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UPBUniversity of Paderborn (NRW, Germany)
UPBUniversity of Pittsburgh at Bradford (Bradford, PA)
UPBUniversidad Privada Boliviana (Spanish: Bolivian Private University)
UPBUltimate PHP Board
UPBUniversidad Pontificia Bolivariana (Spanish)
UPBUniversal Powerline BUS
UPBUnpaid Principal Balance (mortgage and asset-based banking)
UPBUniversity of the Philippines Baguio (Baguio City, Philippines)
UPBUniversitatea Politehnica Bucuresti (Romanian: Polytechnic University of Bucharest; Bucharest, Romania)
UPBUndergraduate Programs in Business (various universities)
UPBPatriotic Union of Bonaire (Netherlands Antilles)
UPBUniversity Programming Board (universities)
UPBUnmanned Production Buoy (oil industry)
UPBUnited Pursuit Band
UPBUnion Programming Board (University of Oklahoma; Norman, OK)
UPBUnique Perceived Benefit
UPBUniversally Preferable Behaviour (philosophy)
UPBUniversität Von Paderborn (Germany)
UPBUlster Protestant Boys (band)
UPBUnion Plasturgie Bâtiment (French: Plastics Building Union)
UPBUniversal Plastic Bag Manufacturing Co.
UPBUniversity of Politehnica Bucharest (Romania)
UPBUniversal Pressure Boiler
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References in periodicals archive ?
24 June 2013 -- Puerto Rico-based bank holding company First BanCorp (NYSE: FBP) said that its FirstBank Puerto Rico subsidiary has completed a sale of non-performing residential mortgage loans with an unpaid principal balance of USD 236.6m (book value of USD 203.6m) as well as other real estate owned properties with an appraised value of USD 22.3m (book value USD 19.2m).
The transaction excludes certain assets, which will be retained by the vendor, with Ocwen acquiring a servicing portfolio of nearly USD41.2bn in unpaid principal balance of primarily non-prime residential mortgage loans at 31 March 2011.Country: , USASector: Banking/Financial ServicesTarget: Litton Loan Servicing LPBuyer: Ocwen Financial CorporationVendor: The Goldman Sachs Group IncDeal size in USD: 264mType: DivestmentStatus: Closed
In its latest transaction, the private equity firm partnered with Colony Capital, LLC and a consortium of investors to purchase from the Federal Deposit Insurance Corporation (FDIC) two portfolios with more than 1,500 Acquisition, Development and Construction (ADC) loans that have an aggregate unpaid principal balance of approximately $817 million.
(NYSE: NCT) said that it has acquired from UK-based financial services firm HSBC Finance Corp a 30% equity interest in a consumer loan portfolio with an unpaid principal balance of USD 4.2bn as of December 31, 2012.
Through it, Ocwen will acquire a servicing portfolio of nearly USD41.2bn in unpaid principal balance of primarily non-prime residential mortgage loans as of 31 March 2011.
Over 45 residential loans and REO assets were sold on an individual basis at an average discount to unpaid principal balance of approximately 34%.
2 April 2013 -- Puerto Rico-based bank holding company First BanCorp (NYSE: FBP) said that its FirstBank Puerto Rico subsidiary has entered into three separate agreements to sell a total of USD 532m of unpaid principal balance in commercial loans or USD 315m of book value for a total price of USD 201m, or 38% of unpaid principal balance.
The acquisition price of $11,535,000 represents a discount of approximately 35% on the current unpaid principal balance of the 25 loans.
HomEq is the US mortgage unit of Barclays Capital, servicing mortgages with an unpaid principal balance of some USD28bn as at 31 March 2010, Barclays said.