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Exact(18)
At first, servicers received $1,000 for every loan modified.
It's estimated that for every loan, the livelihoods of five or more people positively benefit.
He made banks put aside extra capital for every loan they made.
No matter who the prospective borrower is, the bank requires a 20percentt down payment for every loan, Mr. Young said.
"For every loan we make, regardless of the credit risk, it has to go through this U.S.-style machinery," said Shinji Munekuni, a spokesman for Bank of Tokyo-Mitsubishi.
To stoke that program, Mr. Bernanke said, the government could share losses with the lender if a borrower defaulted anew, and could pay $1,000 for every loan modification.
Similar(41)
For investors to track every loan in a pool of this sort would be impractical.
For every problem loan there is a troubled borrower.
Servicers are also given additional $1,000 incentive payments for every modified loan.
Says that for every $800 loan, the student will earn $20k more in incremental income over their lifetime.
CommonBond also has a partnership with Pencils of Promise to offer in-kind financing for every student loan it issues.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com