Tag: mortgage

What is 'Warm Calling' The solicitation of a potential customer with whom a sales representative or business has had prior contact. Warm calling refers to...

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...

What is 'Qualifying Ratios' A set of ratios that are used by lenders to approve borrowers for a mortgage. The borrower's front-end...

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...

Definition The Great Recession was a period of general economic decline observed in world markets during the late 2000s and early 2010s. The scale and...

What are generic securities and why are they important Generic securities are financial instruments that are not tied to a specific company or asset. Instead,...

DefinitionThe Garn–St Germain Depository Institutions Act of 1982 is an Act of Congress that deregulated savings and loan associations and allowed banks to provide...

DefinitionIn mathematics, the geometric mean is a mean or average, which indicates the central tendency or typical value of a set of numbers by...

DefinitionTax deferral refers to instances where a taxpayer can delay paying taxes to some future period. In theory, the net taxes paid should be...

What is 'Takedown' 1. The price at which underwriters obtain securities to be offered to the public. Explaining 'Takedown' ...