Cambodian definition, of, relating to, or characteristic of Cambodia, its people, or its culture. See more.
Outstanding Principal Balance The outstanding principal balance of a mortgage is simply the total amount of money it would take to pay off the loan in full. How much this amount is depends on how much was originally borrowed, how much has been paid down, and what the annual interest rate is.
When a payment was insufficient to pay the interest owed, unpaid. interest was added to the loan balance and the outstanding loan balance increased. Wells Fargo. (which did not originate any Pick-a-Payment mortgage loans) acqu ired Wachovia and its Pick-aÂ­. Payment mortgage loan portfolio on December 31 , 2008.