Exchange Currency

interest shortfall

The interest that is not paid after loan payments are made because there is interest on the loan that is not calculated into the payment. It is more likely to occur with adjustable-rate mortgages, particularly if they have interest-rate caps or low monthly payment options.

Related information about interest shortfall:
  1. Interest Shortfall Definition | Investopedia
    An interest shortfall occurs when the loan accrues interest that has not been figured into the actual immediate payment. Adjustable-rate mortgages have interest ...
     
  2. Interest shortfall
    A situation in which an asset-backed security misses one or more interest payments as a result of insufficient funds. This...
     
  3. What is interest shortfall? definition and meaning
    Definition of interest shortfall: The interest that is not paid after loan payments are made because there is interest on the loan that is not calculated into the ...
     
  4. By Matthew Tomiak and William Berliner - American Securitization ...
    interest shortfall is the in- ability to pay the aggregate interest owed to the securi- ties from the proceeds col- lected from the collateral. These typically result from ...
     
  5. PAUG - Wikipedia, the free encyclopedia
    Interest Shortfall – The Ref Ob pays interest less than the expected interest for that ... Floating Rate Payment Events (Failure to pay Principal, Interest Shortfall, ...
     
  6. Interest Shortfall Definition
    Interest Shortfall Interest remaining due after loan payments are fulfilled. Occurs when the interest accrues but has not been accounted into the immediate.
     
  7. Interest Shortfall Reconciliation
    A, B, C, D, E, F, G, H, I, J, K, L, M, N, O. 1, INTEREST SHORTFALL RECONCILIATION. 2, Mortgage Loan Detail Expense. 3, As of ...
     
  8. ABX Sees First Interest Shortfall - Securitization.Net
    Mar 10, 2006 ... ABX, the newly launched synthetic asset-backed securities index, saw its first interest shortfall earlier this month. Although the shortfall was just ...