A credit default swap by itself is a form of hedging. A bank might purchase a CDS to hedge againstthe risk of the borrower defaulting. Insurance companies, pension funds, and other securities holders can purchase CDSs to hedge credit risk.7 Arbitrage Arbitrage generally involves purchasing a sec...
the government created what are known as“Check the Box”regulations, allowing an LLC to choose how it would like to be taxed. The new law also gave birth to the concept of a Disregarded Entity LLC.
A registered agent is an individual that is authorized to accept legal documents on behalf of a limited liability company (LLC). All LLCs require a registered agent and they are legally allowed to accept tax documents, legal documents, government documents, compliance documents, and any other doc...
Conveyance is the act of transferring property ownership from one person or entity to a new person or entity. A reconveyance deed is a document that transfers the title of a property from the bank or mortgage company to the borrower once they’ve fully paid off the debt. ...
An annuity is a contract between an individual or entity and aninsurance company. Premiums are deposited into the annuity contract and, unless it is animmediate annuity, those funds will grow on a tax-deferred basis. Immediate vs. Deferred Annuities ...
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The US Treasury issues bonds to pay for government activities and to service the national debt. Treasuries are generally considered to be a lower-risk investment if held to maturity, as they are backed by "the full faith and credit" of the US government. Because of their safety, they tend...
To a law enforcement agency, if the contents were inadvertently obtained by the provider and appear to pertain to a crime To a government entity, if the provider believes in good faith that an emergency involving danger of death or serious physical injury requires disclosure without delay ...
Conventional loans are any type of mortgage loan that is not offered or insured by a government entity as part of a specific program. Private lenders can set the loan terms, including eligibility or qualification criteria, interest rates, down payment thresholds,payment schedule, and more. Mortgage...
As of January 31, 2024, Equitable Bank’s reverse mortgage rates ranged from 6.74% (6.782% APR) on a five-year fixed-rate loan to 8.49% (10.074% APR) on a six-month fixed-rate loan. Both companies also charge fees. Equitable Bank’s set-up fee is $995, and that’s in addition ...