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More importantly, it found that they tended to show forbearance with repayment difficulties.
Government intervention in America and elsewhere to ease homeowners' repayment difficulties will shake investor confidence in future income streams.
The Bank found that if mortgage rates were to increase by three percentage points, nearly 60% of buy-to-let customers would breach the test while only 4% of homeowners would be likely to experience repayment difficulties.
The Bank found that if mortgage rates were to increase by three percentage points, nearly 60% of buy-to-let customers could run into repayment difficulties while only 4% of homeowners would be likely to experience similar pain.
Until it fell on hard times, the emirate rarely distinguished between $26 billion of sovereign debt and the much riskier $50 billion or so owed by government-related entities, including Dubai World, whose repayment difficulties rocked global markets.
Richard Banks, chief executive of UK Asset Resolution UKARR), said that the two taxpayer-owned institutions were still on alert for any signs of a future rise in interest rates that could push some of their 584,000 customers into repayment difficulties.
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More than 500,000 Northern Rock customers could have difficulties with repayments if interest rates were to rise.
"We know that some borrowers enrolled in income-driven repayment plans are having difficulty annually recertifying their income," Denise Horn, an Education Department spokeswoman, said in an emailed statement.
Some now have hefty levels of debt; when difficulties in meeting repayments arise, debts are more likely to be rescheduled than forgiven.
Mr. Chang turned to Dr. Quinones for help in 1993 after he ran into difficulty with the repayment of tens of millions of dollars he was owed by the North Korean government for grain shipments he had brokered to that country.
Most private loans are more expensive than federal loans, and lack certain borrower protections offered by federal loans, including income-based repayment plans for borrowers facing financial difficulty and options for borrowers in default to get back on track.
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