Tag: house

What is 'In-House Financing' In-house financing is a type of seller financing in which a firm extends customers a loan, allowing them...

National Automated Clearinghouse Association (NACHA) What is 'National Automated Clearinghouse Association - NACHA ' A non-profit membership association charged with overseeing...

Definition The term flexible mortgage refers to a residential mortgage loan that offers flexibility in the requirements to make monthly repayments. The flexible mortgage first...

What is an Omnibus Account An Omnibus account is a single account that is used to hold securities for multiple clients. The account is maintained...

What is a 'Make-Or-Buy Decision' A make-or-buy decision is the act of choosing between manufacturing a product in-house or purchasing it from...

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

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

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

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

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....