Tag: lending
Federal Direct Student Loan Program (FDSLP)
What is 'Federal Direct Loan Program ' A program that provides low-interest loans to postsecondary students and their parents. The William D....
Fair Credit Billing Act (FCBA)
What is the 'Fair Credit Billing Act - FCBA' A federal law designed to protect consumers from unfair credit billing practices. The...
Federal Discount Rate
What is the 'Federal Discount Rate' The federal discount rate is the interest rate set by the Federal Reserve on loans offered...
Farm Credit System (FCS)
What is 'Farm Credit System - FCS' The Farm Credit System is a nationwide network of cooperative banks and associations that provide...
Federal Home Loan Bank Act
DefinitionThe Federal Home Loan Bank Act, is a United States federal law passed under President Herbert Hoover in order to lower the cost of...
Federal Home Loan Bank System (FHLB)
What is the Federal Home Loan Bank System (FHLB)?
The Federal Home Loan Bank System is a network of 12 regional banks that provide financial...
Warehouse Lending
What is 'Warehouse Lending'
Warehouse lending is a line of credit given to a loan originator to pay for a mortgage the borrower used to...
Warehouse Financing
What is warehouse financing and what are the benefits
Warehouse financing is a type of short-term loan that is often used by businesses in the...
Warehouse Receipt
DefinitionA warehouse receipt is a document that provides proof of ownership of commodities that are stored in a warehouse, vault, or depository for safekeeping....
General Agreements To Borrow (GAB)
What is 'General Agreements To Borrow - GAB' A borrowing/lending medium for members of the Group of Ten. Members of the lending...