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Refinancing |
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RefinancingAn extension and/or increase in amount of existing debt.Refinancing Similar MatchesThreshold for refinancingThreshold for refinancingThe point when the weighted-average coupon of an MBS is at a level to induce homeowners to prepay the mortgage in order to refinance to a lower-rate mortgage, generally reached when the weighted-average coupon of the MBS is 2 percentage points or more above currently available mortgage rates. Debt refinancingDebt refinancingThe raising of new money by a company in order to pay off existing debt.This is something that borrowers do all the time, and it does not signify trouble.Debt restructuring is a more fundamental process, often involving the conversion of debt into equity. |
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