Filter by Categories
Accounting
Banking

Gestation Repurchase Agreement

A reverse repurchase (repo) agreement by which a mortgage firm sells federally guaranteed mortgage-backed securities (MBSs) to a securities dealer…

Spatial Transformation

A type of transformation that involves availing solvency at different places (institutionial presences) using loans, cash transactions, etc. It also…

Reverse ZC Swap

A zero coupon swap (ZC swap) in which payments are reversed. That is the zero coupon payment is made at…

Relationship CD

A certificate of deposit (CD) that builds on fostering a special relationship with the holder (depositor) by entitling him to…

Refi

Refi (refinance) involves a situation when a borrower (e.g., a mortgagor) takes out a new loan, such as a mortgage...

Refinance

Refinance involves a situation when a borrower (e.g., a mortgagor) takes out a new loan, such as a mortgage loan,...

Reverse Mortgage

A mortgage that is collateralized with a mortgagor's home equity, while a mortgagee (a lender/ lending institution) makes regular payment...

Nonrecourse Loan

A type of financing (loans) in which recourse to a borrower's other assets is not allowable. In the event a...

Nonrecourse Financing

A type of financing (loans) in which recourse to a borrower's other assets is not allowable. In the event a...

Balloon Loan

A loan that is paid back in level installments on a long-term payment schedule (10-20 years, or even more), and...