prepayments

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Prepayments

Payments made in excess of scheduled mortgage principal repayments.

Prepayment

1. The payment of a debt in full before it is due. Prepayment is good for the borrower because it relieves him/her of the debt, but it deprives the lender of interest he/she would have received otherwise. As a result, some lenders attach prepayment penalties to loans to disincentivize prepayments. Prepayment can me a major risk to collateralized mortgage obligations as coupon payments are based on interest received from the underlying mortgages. Less commonly, this is called anticipation. See also: Prepayment risk.

2. Payment in advance for a good or service not yet received.

prepayments

See prepaids.

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Anticipation Break-even payment rate Comision de precancelacion Contraction Risk Early Extinguishment of Debt Lag Response of Prepayments Prepayment prepayment clause prepayment option prepayment penalty prepayment privilege prepayment risk PSA Prepayment Rate Scheduled Cash Flows			3-Month CPR" is defined as the three-month conditional prepayment rate (CPR), an annualized estimate of mortgage loan prepayments, computed by multiplying the average monthly prepayment rate for the most recent preceding three months by four. Mortgage performance by Mortgage Banking Prepayments also played a role in the reestimate as they were higher than previous estimates. Mortgage Financing: FHA's $7 Billion Reestimate Reflects Higher ... by General Accounting Office Reports & Testimony This fact has been highlighted by the current refinancing event where large-scale filtering has inflated true TRA prepayments relative to the universe. Adverse loan selection and the true TBA market by Kramer, Bruce / The Securitization Conduit			premises premises liability premium Premium Bond Premium Income premium put Premium Put Convertible Premium Raid Premium Recovery Period Prensa financiera Prenuptial Agreement preopening indication Prepackaged Bankruptcy Prepaid Expense prepaid expenses prepaid interest prepaids Prepayment prepayment clause Prepayment of Premiums prepayment option prepayment penalty prepayment privilege prepayment risk Prepayment Speed prepayments Prepetition Liability preplanning Prequalification prequalify Prerefunded Bond Prerefunding presale Presale Order Prescricao prescription present value Present Value Components Analysis Present Value Factor Present Value Index Present Value Interest Factor present value of annuity Present value of growth opportunities present value of one Presenting Bank Presentment preservation district Preservation of Capital President Presidente Presidente del directorio			prepay prepay Prepay Customer Management Tool prepayable prepayable prepaying prepaying prepayment prepayment prepayment prepayment prepayment prepayment clause Prepayment Clauses Prepayment meter Prepayment of Premiums prepayment option Prepayment penalties Prepayment penalties Prepayment penalties Prepayment penalty Prepayment penalty Prepayment penalty Prepayment penalty prepayment privilege Prepayment Privileges Prepayment Risk Prepayment Risks Prepayment speed Prepayment Standard Assumption prepayments prepays prepays PREPCOM PREPCOMM prepend Prepenial prepense prepense prepensely prepensely preperitoneal preperitoneal hernia preperitoneal hernia preperitoneal hernia Prepetition Liabilities Prepetition Liability Prepetual motion Prepetual motion PREPI PREPIC Prepidil Endocervical Gel Preplaced-Aggregate preplaced-aggregate concrete preplanned air support preplanned mission request preplanned mission request (reconnaissance) preplanned nuclear support Preplanned Product Improvement Preplanned Response Option preplanning

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