Tag: mortgage
Hazard Insurance
DefinitionHome insurance, also commonly called homeowner's insurance, is a type of property insurance that covers a private residence. It is an insurance policy that...
Hammering
DefinitionA hammer is a tool or device that delivers a blow to an object. Most hammers are hand tools used to drive nails, fit...
Impaired Credit
What is 'Impaired Credit' A deterioration in the creditworthiness of an individual or entity. This is usually reflected through a lower credit...
In-Service Withdrawal
What is 'In-Service Withdrawal' A withdrawal made from a qualified plan account before the holder experiences a triggering event. A triggering event,...
Yield Spread Premium
What is yield spread premium
Yield spread premium is the difference between the interest rate a borrower pays on a loan and the interest rate...
Yellow Knight
What is 'Yellow Knight' A company that was once making a takeover attempt but ends up discussing a merger with the target...
Impound
What is 'Impound' An account maintained by mortgage companies to collect amounts such as hazard insurance, property taxes, private mortgage insurance and...
In-House
What is 'In-House' In-house refers to conducting an activity or operation within a company, instead of relying on outsourcing. A firm uses...
Implied Call
What is an implied call and how can you use it in your trading strategy
An implied call is a situation in which the underlying...
In Escrow
What does 'In Escrow' mean In escrow is an item such as money or a piece of property that has been transferred...