prepay penalty
Смотреть что такое "prepay penalty" в других словарях:
prepay — pre·pay /prē pā/ vt pre·paid, pre·pay·ing: to pay or pay the charge on in advance (as of date due or maturity date) no penalty for prepay ing your student loan pre·pay·ment n Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Defeasance — Contents 1 Defeasance of Commercial Mortgage Loans 1.1 Defeasance of a Securitized Commercial Mortgage Loan 1.2 Defeasance Terms to Consider at Loan Origination … Wikipedia
Oyster card — Location Greater London Launched July 2003 Technology Contactless smart card by Cubic Corporation … Wikipedia
CMBS Prepayment Terms — Summary Defeasance and yield maintenance are used to define the prepayment terms of a CMBS loan (Commercial Mortgage Backed Securities) before its maturity. Defeasance Defeasance is the substitution of collateral. Defeasance is used to calculate… … Wikipedia
Prepayment — is early repayment of a loan by a borrower. In the case of a mortgage backed security (MBS), prepayment is perceived as a risk, because mortgage debts are often paid off early in order to incur lower total interest payments through cheaper… … Wikipedia
Fixed rate mortgage — A fixed rate mortgage (FRM) is a mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust or float. Other forms of mortgage loan include interest only… … Wikipedia
Adjustable-rate mortgage — A variable rate mortgage, adjustable rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit… … Wikipedia
Real Estate Mortgage Investment Conduit — Real Estate Mortgage Investment Conduits, or REMICs, are a type of special purpose vehicle used for the pooling of mortgage loans and issuance of mortgage backed securities. They are defined under the United States Internal Revenue Code (Tax… … Wikipedia
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
The Chaser APEC pranks — were comic stunts which targeted the 2007 Asia Pacific Economic Cooperation (APEC) Leaders Summit in Sydney, Australia. All of these pranks were planned, coordinated and performed by Australian satire group The Chaser during September 2007, for… … Wikipedia
optional prepayment — USA A provision in loan agreements that allows the borrower to prepay all or a portion of the outstanding loans at any time before maturity. In some loan agreements optional prepayments may be subject to a prepayment penalty. For more information … Law dictionary
