Understanding Private Loans. Default Prevention. Essential loan language Variable rate language Types of indexes Language for all types of loans Dissect an interest rate Variable rate history Finding the best deal. Agenda. Improve discussion with borrowers
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Cost of funds
1,4,5 Bank sample June 20062Federal Reserve 3Federal Reserve Bank Functional Cost and Profit Analysis.
Based on a 10-year loan term.
Source: St. Louis Federal Reserve Bank and Federal National Mortgage Association