So essentially one of the goals would be to maintain a constant, in parentheses, rate, one that a borrower expected to have throughout the course of the contract.
Jack Reed: “So essentially one of the goals would be to maintain a constant, in parentheses, rate, one that a borrower expected to…”
On the recordNovember 1, 2021
Source
congress.govEditor's note · Context
Reed emphasizes the importance of maintaining expected rates for borrowers during contract transitions.
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