Tag: house

Above Ground Risk

What is 'Above Ground Risk' Non-quantifiable risks that can adversely affect a project or investment. Above ground risk is generally used in...

Real Estate Owned (REO)

What is 'Real Estate Owned - REO' Real estate owned, or REO, is the name given to foreclosed-upon real estate, such as...

Reverse Mortgage

DefinitionA reverse mortgage is a type of home loan for older homeowners that requires no monthly mortgage payments. Borrowers are still responsible for property...

Raider

What is 'Raider' An individual or organization that tries to take over a company by initiating a hostile takeover bid. Raiders look...
rate-improvement mortgage

Rate-Improvement Mortgage

What is a Rate-Improvement Mortgage A rate-improvement mortgage is a type of home loan that offers a lower interest rate than the standard fixed-rate mortgage....

Panel Bank

What is 'Panel Bank' The name given to the group of banks contributing to the Euro Interbank Offer Rate (EURIBOR). This group...
Private mortgage insurance

Private Mortgage Insurance

What is Private Mortgage Insurance Private mortgage insurance is insurance that protects a lender in the event that a borrower defaults on a conventional home...

Qualified Personal Residence Trust (QPRT )

What is 'Qualified Personal Residence Trust – QPRT ' A specific type of trust that allows its creator to remove a personal...
Fair Market Value Purchase Option

Fair Market Value Purchase Option

What is a Fair Market Value Purchase Option A Fair Market Value Purchase Option is an agreement between a buyer and a seller that gives...

Federal Covered Advisor

What is 'Federal Covered Advisor' An investment advisor in the United States that manages more than $25 million in assets for other...

EDITOR PICKS

Latest