Prepayment penalty

 

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Prepayment penalty

Lenders can impose a penalty on a borrower who pays a loan off before its expected end date.

Prepayment penalty

A fee a borrower pays a lender when the borrower repays a loan before its scheduled time of maturity.



Prepayment penalty

Similar Matches

Lag response of prepayments

Lag response of prepayments

A delay of typically about three months between the time the weighted-average coupon of an MBS pool crosses the threshold for refinancing and observation of an acceleration in prepayment speed is observed.


FHA prepayment experience

FHA prepayment experience

The percentage of loans in a pool of mortgages outstanding at the origination anniversary, based on annual statistical historic survival rates for FHA-insured mortgages.


Prepayment speed

Prepayment speed

Also called speed, the estimated rate at which mortgagors pay off their loans ahead of schedule, critical in assessing the value of mortgage pass-through securities.


Prepayments

Prepayments

Payments made in excess of scheduled mortgage principal repayments.


Zero prepayment assumption

Zero prepayment assumption

The assumption of payment of scheduled principal and interest with no payments.


Further Suggestions

prepayment fee


 
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