yield maintenance การใช้

• "The formula for yield maintenance is extremely stiff, " he said.
• In fact, the more interest rates drop below the rate being charged on the mortgage, the greater the yield maintenance penalty will be.
• Rather than impose prepayment penalties based upon a percentage of the outstanding balance, the lenders instead started writing " yield maintenance penalties " into their mortgages.
• He added that while the yield maintenance penalty provision can be negotiated somewhat at the inception of the loan, such negotiation normally results in a higher interest rate.
• Wolfe said that yield maintenance premiums would be frustrating enough for borrowers if all refinancings involved nothing more than saving a little money by borrowing at a lower interest rate to pay off money already owed.
• The insurance company demanded $ 47.5 million, citing a clause in the 1987 loan agreement called a " yield maintenance " provision, which is designed to give a lender some benefit of its bargain if the borrower pays off the loan before it matures.
• In other words, no matter how much lower the prevailing interest rate is than the interest rate on the mortgage, the yield maintenance penalty provision assures the lender of being paid every penny it would have earned for the entire term of the mortgage, even if the mortgage were paid off ahead of time.
• Michael J . Wolfe, president of Midboro Management, a New York City management company, said that if an existing 10-year interest-only mortgage with a 8 percent interest rate had one year left, the yield maintenance penalty provision would allow the lender to determine how much it would lose if the loan were paid off early.