Interest paid to the lender may be deductible by the borrower. Repayment of the loan is not gross income to the lender. A mortgage valuation is for the benefit of the lender. Extension options include extended payment periods offered by the original lender and federal loan consolidation. It was also the UK's largest mortgage lender. Stearns Lending was the fifth-largest privately held mortgage lender in the US in 2013. Both of lender and debtor must trust the writer. He attempted to refocus the bank's strategy as a retail and SME lender. Many U.S. states have usury laws limiting the amount of interest a lender can charge. Another explanation is that longer maturities entail greater risks for the investor (i.e. the lender). Interest paid to the lender is included in the lender's gross income. Usury is a different form of abuse, where the lender charges excessive interest. Thereupon Gutenberg established a new one with the financial backing of another money lender. The interest is often split with the lender of the security. It is China's third largest lender by assets.