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Examples
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Anyone could see that securities backed by these kinds of loans would fail when their teaser interest rates went up three percent and the principal and the interest-only feature was eliminated at the same time.
Jeff Greene: Downgrading the Big Three Jeff Greene 2012
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Anyone could see that securities backed by these kinds of loans would fail when their teaser interest rates went up three percent and the principal and the interest-only feature was eliminated at the same time.
Jeff Greene: Downgrading the Big Three Jeff Greene 2012
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TRM also made two years worth of payments to the banks on the interest-only loans, which lawyers said came from TRM's profits.
Judge orders Bank of America to be defendant in real estate fraud case Tom Jackman 2010
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For those opting for a variable rate, Boulger recommends two 60% LTV loans: one from HSBC, which is set at base rate plus 1.89% with no application fee but isn't suitable for those wanting an interest-only deal, and one from ING Direct set at base rate plus 1.85%.
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Q My retired 69-year-old dad has an interest-only mortgage on our family home in Scotland, which has just ended.
Do inhibitions against my father prevent me taking over his mortgage? 2011
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TRM also made two years worth of payments to the banks on the interest-only loans, which lawyers said came from TRM's profits.
Judge orders Bank of America to be defendant in real estate fraud case Tom Jackman 2010
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So when Countrywide Financial offered him an interest-only loan, he says he believed at the time that he could afford the mortgage.
Seeking loan modifications shouldn't make homeowners target of scorn Michelle Singletary 2010
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The restructured agreement also calls for interest-only payments and no penalties, White told reporters.
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TRM also made two years worth of payments to the banks on the interest-only loans, which lawyers said came from TRM's profits.
Judge orders Bank of America to be defendant in real estate fraud case Tom Jackman 2010
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The £322,163 is comprised of £229,782 repayment and £92,381 interest-only accounts.
Angry and confused over change in mortgage redemption charges 2011
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