A floating-rate loan that is synthetically constructed using interest rate swaps. A debtor with a fixed-rate loan can convert this...
A fixed-rate loan that is synthetically constructed using interest rate swaps. A debtor with a floating-rate loan can convert this...
An extension of credit which is collateralized by debt or equity securities that are liquid and highly marketable. The collateral...
A loan whose interest rate payments change over the life of the loan. Typically, the variable interest rate is tied...
It stands for high-volatility commercial real estate (high-volatility CRE); a loan (credit facility) that is extended for financing of the...
It stands for high-volatility commercial real estate (HVCRE); a loan (credit facility) that is extended for financing of the acquisition,...
A cap that is placed on a resetting or periodic interest rate. It is usually purchased by a borrower who...
A method that is used by a lender to transfer a loan whereby the rights and obligations under the loan...
An amortizing loan that repays some of the principal over its term, while the remaining balance (i.e., balloon payment) is...
An abbreviation for a "no income, no job and no assets" loan. It is a loan extended to an unemployed...