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Are there any fees associated for servicing the trust deeds?

April 26, 2017associated Deeds fees Trust

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Are there any fees associated for servicing the trust deeds?

1 Answer

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Yes, a servicing and administration fee of 0.75% is charged. For example, if the note rate (coupon or interest rate) is 12%, after the fee is applied, an investor would receive an 11.25% return (annualized), paid monthly.