The Steering Committee recommends mortgage lenders to specify the default rate of interest in the facility letter.

统筹委员会建议按揭贷款人在贷款函件内列明违约利率。

youdao

I am sure the facility will add further impetus to the mortgage purchase programme, and we will announce the details of the facility very shortly.

我深信这项安排将进一步推动购买按揭的进度，我们将会在短期内公布有关详情。

youdao

Today the Treasury and the Federal Reserve are announcing a facility to finance the issuance of non-mortgage asset-backed paper in order to support lending to consumers and small businesses that is vital to our economy.

FORBES: Magazine Article

One alternative to a reverse mortgage is selling the home and moving into a smaller place or an assisted living facility, says Andy Firoved, chief executive officer of Homeowners Toolbox.

FORBES: Intelligent Investing Panel