Examples of Simple Interest Method in a sentence
Simple interest method" means the method of computing inter est payable on a loan by applying the rate of interest specified in the note or its periodic equivalent to the unpaid balance of the prin cipal amount outstanding for the time outstanding.
Simple interest method" means the method of computing inter- est payable on a loan by applying the rate of interest specified inthe note or its periodic equivalent to the unpaid balance of the prin- cipal amount outstanding for the time outstanding.
Note buyers." Persons who purchase mortgage loans without servicing rights and who are not servicers, master servicers, or sub- servicers.(((6))) (12) "Simple interest method" means the method of comput- ing interest payable on a loan by applying the rate of interest speci- fied in the note or its periodic equivalent to the unpaid balance of the principal amount outstanding for the time outstanding.
Note buyers." Persons who purchase mortgage loans without servicing rights and who are not servicers, mas- ter servicers, or subservicers.(12) "Simple interest method" means the method of computing interest payable on a loan by applying the rate of interest specified in the note or its periodic equivalent to the unpaid balance of the principal amount outstanding for the time outstanding.
Note buyers." Persons who purchase mortgage loans without servicing rights and who are not servicers, master servicers, or subservicers.(((6))) (12) "Simple interest method" means the method of computing interest payable on a loan by applying the rate of interest specified in the note or its periodic equivalent to the unpaid balance of the principal amount outstanding for the time outstanding.