Sentence examples for unaffordable payment from inspiring English sources

These mortgages were poorly underwritten and often create unaffordable payment shock through huge monthly payment jumps at the end of a teaser rate period.

These are the most risky mortgages ever issued - mortgages poorly underwritten and often with unaffordable payment shock at the end of teaser rate periods.

In a blog post, Google's director of public policy, David Graff, wrote: "Research has shown that these loans can result in unaffordable payment and high default rates for users so we will be updating our policies globally to reflect that.

"When reviewing our policies, research has shown that these loans can result in unaffordable payment and high default rates for users," Google's director of global product policy David Graff wrote in a blog post announcing the policy change.

"With as many as a quarter of mortgage holders facing unaffordable payments if interest rates rise to a more normal level of 3%, a personal insolvency storm could be gathering," he said.

Mr. Greenspan said the Federal Reserve was concerned about "abusive lending practices that target specific neighborhoods or vulnerable segments of the population and can result in unaffordable payments," loss of homeowners' equity and foreclosure.

Loans were also originated with terms designed to trigger unaffordable payments three years from the date of origination for the sole purpose of forcing borrowers back to the table to refinance their loans and pay another round of abusive fees.

Enrolling distressed borrowers into federal plans that limit their monthly payments to a percentage of their take-home pay has become an Obama administration priority as federal student debt climbs toward $1.2 trillion, millions of borrowers are either in delinquency or in default, and policymakers and bankers worry that unaffordable payments risk slowing economic growth.

He also said it had achieved another important objective of getting the treasury to acknowledge that there are some trusts with unaffordable PFI payments.

To break the cycle, policymakers need to address the problem of negative equity, not just unaffordable interest payments.* "Moral and Social Constraints to Strategic Default on Mortgages" by Luigi Guiso, Paola Sapienza and Luigi Zingales.

And, of these, three-quarters had insurance coverage when they fell ill, though with unaffordable co-payments, deductibles, and uncovered services, according to David Himmelstein, Elizabeth Warren, Deborah Thorne, and Steffie Woolhandler, who published their research on the Web site of the journal Health Affairs in 2005.