EBU Single Rulebook Q&A 19 November 2015 2015_2474 Forbearance – past term interest only mortgages

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European Union · · · 04-10-2019

Should interest only mortgage exposures where the customer has not repaid the capital at term but continues to pay interest and is not considered to be in financial difficulty, ever be considered as forborne? One of the products offered to customers is interest only mortgages.

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