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What is yield maintenance clause? A. A prepayment made by borrowers before closing on a loan that guarantees a lower than market interest rate. B.
What is yield maintenance clause?
A. A prepayment made by borrowers before closing on a loan that guarantees a lower than market interest rate.
B. A prepayment that allows investors to attain the same yield as if the borrower made all scheduled interest payments until the maturity date
C. Is a periodic payment made by a borrow to the investor to eliminated a lockout clause in a commercial loan.
D. A prepayment that allows investors to attain the same yield as if the borrower made all scheduled interest payments until the maturity date
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