The word "prepayments" is correct and usable in written English.
It is a noun referring to money paid in advance, before it is due. For example, "The company offered our staff a payment plan involving monthly prepayments."
The Senate bill would provide some much-needed relief, reducing the prepayments and stretching them out over a longer period of time.
These unanticipated "prepayments" leave CLOs with cash to invest.
Felix Salmon has doubled down on his assertion that the investors who put their money into the Abacus C.D.O. were not, in fact, speculators betting on the housing bubble and indeed suggests that (due to the impact of rising house prices on mortgage prepayments) "it's entirely reasonable to assume that IKB and ACA were happy to see the housing bubble coming to an end".
The gap appeared because in 1999, Stockton increased the value of the pensions its workers were earning, without making a corresponding increase in the yearly prepayments it sent Calpers to cover the cost.
Airlines like Delta, United and Continental that used to knock $2 to $5 off for prepayments eliminated those price reductions, bringing the cost for checking one bag on many domestic flights to $25, and $35 for the second, whether they are paid in advance or not.
And what about psychics who demanded prepayments for palm readings that foretold lives filled with tall, dark strangers and vast fortunes?
He dismissed the companies' claims that they do not disconnect customers by pointing out that those who fall into debt are moved on to prepayment meters which in effect force them to "self-disconnect".
Forecasting prepayment risk in America, for example, is complicated and requires lots of information about demographics and credit factors, along with plenty of market data.
Besides increasing liquidity, standardisation also makes it easier for investors who buy the bonds to forecast and deal with prepayment risk.
The bonds are callable, to reflect the prepayment risk of the underlying mortgages.In this section The global gusher The three Scrooges The Rip van Winkle of risk Sweet success A Danish model in Aztec dress Shifting sands ReprintsDenmark's approach allows mortgage-backed securities to be standardised into large pools, which makes them more liquid and attracts investors.
In its settlement with the state attorneys-general, Household has promised to cap loan-origination fees and front-end payments at 5%, to restrict prepayment penalty periods to two years and to ensure that all real-estate-secured loans provide a net tangible benefit to the borrower.
