That principal amount will be able to potentially purchase more in the not too distant future.
On average, managers now estimate that the loan default rate by principal amount will end 2012 at 1.8%.
Frank's plan would allow the Federal Housing Administration to refinance some mortgages after the lender has voluntarily written down the principal amount.
All investments involve risk including the loss of the principal amount invested.
After all, the loan default rate by principal amount was tracking to 0.21% in March, just off its near-record low reading of 0.17% at year-end.
The default rate by principal amount moved down to 4.7% at the end of April 2012 down from the 5.3% at the end of March.
FORBES: May 2012, European Leveraged Loan Market Trends and Analysis
Exacting a federal tax on that forgiven principal amount would de-incentivize the short sale process and essentially push distressed homeowners to walk away from properties entirely.
FORBES: As Fiscal Cliff Looms, Here's The Expiring Tax Break That Will Hurt Housing Most
So, if I'm a bank, and I've made you a loan, Michel, then the FHA will come in, and buy that loan out for below the principal amount that I owe.
As this chart shows, managers still expect that over the next 21 months default rates will revert toward, but not all the way to, the historical mean of 3.5% by principal amount.
If adopted, the levy would be applied from January 2014: all securities transactions involving an EU-based financial institution would be taxed at 0.1% and all over-the-counter derivatives deals at 0.01% of the notional principal amount.
The default rate by principal amount stayed level at 5.9% at the end of April while the default rate by issuer count fell to 7.1% at the end April from at 7.2% at the end of March.
If Clearwire is unable to repay the PIK Debenture during this 30 day period, it would be entitled to convert the principal amount and accrued interest on the PIK Debenture into a note on terms comparable to the 2015 Senior Secured Notes previously repaid, having a maturity of December 1, 2015.
The annual report should describe the principal factors that determine the amount that the CEO receives.
First, the tax law says that debt forgiveness by a creditor is income to the debtor in the amount of the principal forgiven.
To qualify, homeowners must make at least three payments under the reduced loan amount, and principal balances are cut in installments over three years.
WSJ: Data Show Fannie, Freddie Savings From Debt Forgiveness
The lender owns the value of the asset up to the amount of the principal plus the interest, and the owner owns the value that remains, in the form of equity.
Borrowers who pay more than required under income-based repayment will have the extra amount applied to their principal.
In that last scenario, the unpaid interest is tacked on to the principal, leaving borrowers owing more than the amount of the original loan.
Thus, theoretically, an investor who only received interest could be on the hook for that amount and more, in addition to their loss of principal.
"We're achieving a very significant amount of battery savings, " said Microsoft's principal programme manager Ruston Panabaker, who would not be drawn on exactly how much overall battery life Windows 7 will save.
Set aside a certain amount of money from each check and add it to the principal every time you cash your CD.
"Internet-enabled technology, that which networks us together, has done a huge amount for humanity in general, " Scott Carpenter, the principal at Google Ideas, said at the Oslo Freedom Forum earlier this year, according to a live blog.
Principal Rob Cawley said: "We're incredibly pleased with the amount of students that have joined us".
Jamie LeFrak, principal at the LeFrak Organization, says face rents, or the quoted rental amount before incentives, at the bottom of the market were down about 10% in New York, and effective rents, the amount after certain incentives, were down 20%.
But on the step up in principal, with inflation in each year, you would pay income tax on the amount that is increased if they're held outside of a pension or tax-deferred account.
There are ongoing discussions about whether there might be an opportunity to have some amount of it, but I don't think that's going to be a principal way this car is going to get introduced.
The SPL is reluctant to be drawn into a public debate on the matter, but a spokesman told BBC Scotland a principal reason for the scheduling anomaly was the clubs' stated desire that no team should play an unequal amount of home and away matches.
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