Reverse payments

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Reverse mortgages are designed to allow older cnstomers to borrow some of the accumulated equity in their homes. The borrowers do not make any interest payments on these loans. The return for the mortgage lenders is taken from the sale proceeds when the borrower moves, enters long-term residential care or dies. 

The second type of reverse mortgage, securitised in Equity Release Funding (ERF) transactions, accrue interest at a rate set out in the mortgage agreement. The notes in these transactions pay interest, but in the early stages of the transaction these payments are met by borrowing... 

Under a guarantee agreement, the originator is able to recover an amount equal to the net realised losses on the reference pool of loans, including the costs incurred in the foreclosure and recovery process, in return for a periodic payment of a guarantee fee. This fee is calculated to make up any shortfall between the interest received on the credit-linked note collateral pool and the expenses and interest costs of the issuing SPV. Realised losses are applied in reverse sequential order to the notes, by can-... 

Flows in processes can be forward from the raw material sources to the end-user and reverse from end-users back to the material sources. Forward flows include physical, information, and knowledge. Reverse flows include products returned because the buyer changes his or her mind, defective or thought-to-be defective goods, or products for overhaul and repair. Reverse flows also include payments for goods and services, user feedback about the service and product, and inventory and sales... 

A mold made by electroplating metal on the reverse pattern of the cavity. Molten steel may be then sprayed on the back of the mold to increase its strength. Exchange of data by customer and supplier computers, usually through a third neutral company that safeguards the host computers from unwanted entry. Used for order placement, shipment, receiving, billing, and payment. 

When the financial implications were considered at the corporate level, the decision was reversed. All 10 operations of that type in the world were operating at nearly full capacity, which meant that the company could not buy replacement product to fill customer orders for an extended period if a catastrophic event occurred. More importantly, the cash flow from this location was vital to both the continuation of corporate dividend payments, and to the quarterly payments due on the highly leveraged debt. This company operated largely on borrowed money. Without the continuing cash flow, the company could face bankruptqr. 

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