ability to repay in foreign exchange　

ability to repay in foreign exchange　外汇偿付能力　

an individual’s financial capacity to make good on a debt in foreign exchange.Specifically，the phrase“ability to repay”was used in the 2010Dodd-Frank Wall Street Reform and Consumer Protection Act in Title XIV，the Mortgage Reform and Anti-Predatory Lending Act，to describe the requirement that mortgage originators substantiate that potential borrowers can afford the mortgage they are applying for.Originators are required to look at a borrower’s total current income and existing debt，for example，to make sure that the existing debt plus the potential mortgage debt，property taxes and required insurance do not exceed a stated percentage of the borrower’s income.