Finally, wouldn't it be better for society, and safer for our financial system, if people could buy a home without resorting to the kinds of loans -- with deferred amortization, for example, or scant down payments -- that are risky for borrowers and lenders alike?
Kandel invites us to give up a fruitful approach in favor of a promissory note, on which we have scant reason to expect payment.
And the difference in the monthly payments is scant, he said, noting that with a 40-year loan it would be $734 a month, while for a 30-year loan it would be $769.
Several respected studies have found that such payments have scant effect on student achievement; since most good teachers already work hard, before and after class, there are limits to how much more can be coaxed out of them with financial incentives.
Even for a large company, £700,000 is a not inconsequential sum of money, and it is extraordinary that the Chief Executive should authorise its payment on the basis of such scant information.
For surviving spouses, many with scant investment experience, the challenge will be to convert these lump-sum payments into a durable substitute for a lifetime of lost paychecks.
The mortgages can then be given to people with scant credit history — like young first-time buyers — or even tarnished credit, and the down payments can be as low as 3.5 percent.
Many of the homeowners received scant relief, with a large majority benefiting from a reduction of less than 10 percent on their monthly payments, according to an analysis by Ms. Romero's office.
Mr. Bloomberg said the pension proposal would have provided scant savings because it would force the city to pay 8percentt interest on the delayed $300 million in payments when it is often possible to borrow now at 1.5percentt interest.
After paying her electric, gas and cell phone bills and making payments on her car, her car insurance and her homeowner's insurance, Taormina said, there's scant cash left over for groceries.
But they give scant insight into how to lodge an effective complaint, so that you get a loan modification or locate a missing mortgage payment.
