Examples of Maximum Mortgage Rate in a sentence
In connection with any such assumption, no material term of the Mortgage Note (including, but not limited to, the Mortgage Rate, the amount of the Scheduled Payment, the Maximum Mortgage Rate, the Minimum Mortgage Rate, the Gross Margin, the Initial Periodic Rate Cap, the Subsequent Periodic Rate Cap, the Adjustment Date and any other term affecting the amount or timing of payment on the Mortgage Loan) may be changed.
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In these circumstances, it seems to me that we should not at this stage of the litigation engage, as the judge did, with the possible artificiality of the exercise of assessing a fee for the notional release of the right.27 It is sufficient to say that I do not think the judge was justified in relying on Patten J’s judgment in Murray, when that judge’s 23 Leaving to one side for a moment the debate about whether user damages themselves are actually to be regarded as compensatory.
The Interest rate shall not exceed the Maximum Mortgage Rate, calculated monthly, not in advance.”• if this is a Fixed Rate Mortgage, state whether it is repayable in instalments of interest only, or in blended instalments of principal and interest.
The weighted average Maximum Mortgage Rate for the Group 2 Adjustable Rate Mortgage Loans in the Mortgage Pool as of the Cut-off Date was approximately 15.565%.