A type of commercial mortgage loan that is pooled with other similar commercial loans, and packaged/ securitized (by means of...
It stands for commercial mortgage backed security loan; a type of real estate loan that is collateralized by a first...
An interest rate floor in which the successive floorlets cover decreasing notional principal amounts. In other words, the notional principal…
A loan for which a borrower is not required to pay any interest. However, a borrower will have to repay...
A loan for which a borrower is not required to pay any interest. However, a borrower will have to repay...
A loan for which a borrower is not required to pay any interest. However, a borrower will have to repay...
A reaction that is triggered upon occurrence of a predefined event such as when loans/ liabilities exhibit a high percentage…
An acronym for home-equity line of credit; a line of credit that is secured by a borrower's home equity. As...
A line of credit that is secured by a borrower's home equity. As a security, it gives a homeowner borrower...
A loan that is not guaranteed by any specific type of property. The creditor receives no collateral as an assurance...