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DOC - Investor Relations
DOC - Investor Relations

Base Prospectus dated 22 March 2017 VIVENDI EURO
Base Prospectus dated 22 March 2017 VIVENDI EURO

... manager(s) (the "Stabilising Manager(s)") (or person(s) acting on behalf of any Stabilising Manager(s)) in the applicable Final Terms may over-allot Notes or effect transactions with a view to supporting the market price of the Notes at a level higher than that which might otherwise prevail. However ...
CP11/31 - Mortgage Market Review - updated 1/2/12
CP11/31 - Mortgage Market Review - updated 1/2/12

... The UK mortgage market has worked well for the vast majority of consumers. But in the run-up to the financial crisis there was a tail of poor lending to borrowers who could not afford to repay out of income, with both lenders and borrowers assuming that house price rises would make repayment or refi ...
The Valuation and Risk Management of a DB Underpin
The Valuation and Risk Management of a DB Underpin

... formula that includes such factors as years of service and salary. For example, a defined benefit pension might be calculated as 1.5% of average salary for the final 5 years of employment, for every year of service with an employer. The benefits in most traditional DB plans may be protected, within ...
Carrefour €12,000,000,000 Euro Medium Term Note Programme
Carrefour €12,000,000,000 Euro Medium Term Note Programme

RTF - Vornado Realty Trust
RTF - Vornado Realty Trust

... We plan to demolish two adjacent Washington, DC office properties, 1726 M Street and 1150 17th Street in the first half of 2016 and replace them in the future with a new 335,000 square foot Class A office building, to be addressed 1700 M Street. The incremental development cost of the project is app ...
- TP ICAP
- TP ICAP

Base prospectus - €2,000,000,000 Debt Issuance Programme
Base prospectus - €2,000,000,000 Debt Issuance Programme

... principal amount of the relevant Tranche of Notes) or effect transactions with a view to supporting the market price of the Notes of the Series of which such Tranche of Notes forms part at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilising Man ...
Word - corporate
Word - corporate

... nature unless disclosed otherwise. These interim consolidated financial statements, including notes, have been prepared in accordance with the applicable rules of the Securities and Exchange Commission (“SEC”) and do not include all of the information and disclosures required by U.S. generally accep ...
Testing for Rating Consistency in Annual Default
Testing for Rating Consistency in Annual Default

... respect to specific credit quality characteristics. For example, debt issuers that are subject to greater potential ratings volatility (transition risk) are generally rated lower than issuers that share the same default probability but have lower transition risk.3 Moreover, although two issuers carr ...
162/16 - Manitoba Public Utilities Board
162/16 - Manitoba Public Utilities Board

... now calculated at $159 million of Basic total equity by MPI. In its Order No. 128/15, in respect of MPI's compulsory 2016/17 driver and vehicle insurance premiums, the Board approved a methodology for setting the upper threshold for the Basic target capital range, which was the use of a 100% Minimum ...
Prospectus 1 June 2016
Prospectus 1 June 2016

INLAND WESTERN RETAIL REAL ESTATE TRUST
INLAND WESTERN RETAIL REAL ESTATE TRUST

Merrill Lynch Mortgage Investors, Inc.
Merrill Lynch Mortgage Investors, Inc.

Structural Features of Australian Residential Mortgage
Structural Features of Australian Residential Mortgage

... measured by the size of the outstanding balance of its subordinated notes as a percentage of the aggregate outstanding balance of all notes. As a result of credit tranching, RMBS can be structured to have senior notes with much lower credit risk than the credit risk of the underlying mortgage pool b ...
Cabot Corporation - Investor Relations Solutions
Cabot Corporation - Investor Relations Solutions

securities and exchange commission
securities and exchange commission

... facility with Wachovia Bank, National Association and SunTrust Bank, replacing the Registrant’s previously existing $30 million revolving line of credit facility with another lender. A copy of the Credit Agreement, which evidences this credit facility, is attached to this Current Report as Exhibit 4 ...
Download attachment
Download attachment

... 8. Emily Paradise Achtenberg & Peter Marcuse, The Causes of the Housing Problem, in Critical Perspectives on Housing, supra note 1, at 4, 9 (noting that in the 1980s a “growing number who live a paycheck or two ahead of the bank risk the loss of their equities—as well as their homes—to foreclosure”) ...
ITRON INC /WA/ (Form: 10-K, Received: 03/12/2004
ITRON INC /WA/ (Form: 10-K, Received: 03/12/2004

1 LOWLAND MORTGAGE BACKED SECURITIES 1 BV
1 LOWLAND MORTGAGE BACKED SECURITIES 1 BV

... Notes") as described in the Conditions. The expression "Global Notes" means the Temporary Global Note of each Class and the Permanent Global Note of each Class and the expression "Global Note" means each Temporary Global Note or each Permanent Global Note, as the context may require. The Senior Cla ...
Fixed Income Analysis: Securities, Pricing, and Risk
Fixed Income Analysis: Securities, Pricing, and Risk

... 10.4.1 The Ho-Lee (extended Merton) model . . . . . . . . . . . . . . . . . . . . . 233 10.4.2 The Hull-White (extended Vasicek) model . . . . . . . . . . . . . . . . . . . 234 10.4.3 The extended CIR model . . . . . . . . . . . . . . . . . . . . . . . . . . . . 235 10.5 Gaussian HJM models . . . . ...
Information Memorandum: Newpin Social Benefit Bond
Information Memorandum: Newpin Social Benefit Bond

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
UNITED STATES SECURITIES AND EXCHANGE COMMISSION

... Cash and Cash Equivalents - TJX generally considers highly liquid investments with a maturity of three months or less at the date of purchase to be cash equivalents. Investments with maturities greater than three months but less than a year at the date of purchase are included in short-term investme ...
Rethinking the Role of Recourse in the Sale of Financial Assets
Rethinking the Role of Recourse in the Sale of Financial Assets

NELNET INC
NELNET INC

< 1 2 3 4 5 6 ... 37 >

Adjustable-rate mortgage

A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets. The loan may be offered at the lender's standard variable rate/base rate. There may be a direct and legally defined link to the underlying index, but where the lender offers no specific link to the underlying market or index the rate can be changed at the lender's discretion. The term ""variable-rate mortgage"" is most common outside the United States, whilst in the United States, ""adjustable-rate mortgage"" is most common, and implies a mortgage regulated by the Federal government, with caps on charges. In many countries, adjustable rate mortgages are the norm, and in such places, may simply be referred to as mortgages.Among the most common indices are the rates on 1-year constant-maturity Treasury (CMT) securities, the Cost of Funds Index (COFI), and the London Interbank Offered Rate (LIBOR). A few lenders use their own cost of funds as an index, rather than using other indices. This is done to ensure a steady margin for the lender, whose own cost of funding will usually be related to the index. Consequently, payments made by the borrower may change over time with the changing interest rate (alternatively, the term of the loan may change). This is distinct from the graduated payment mortgage, which offers changing payment amounts but a fixed interest rate. Other forms of mortgage loan include the interest-only mortgage, the fixed-rate mortgage, the negative amortization mortgage, and the balloon payment mortgage. Adjustable rates transfer part of the interest rate risk from the lender to the borrower. They can be used where unpredictable interest rates make fixed rate loans difficult to obtain. The borrower benefits if the interest rate falls but loses if the interest rate increases. The borrower benefits from reduced margins to the underlying cost of borrowing compared to fixed or capped rate mortgages.
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