A wet loan is a mortgage loanin which the lender releases the funds early. The lender releases the money before the parties have completed the paperwork. This type of loan is useful if the borrower needs to act swiftly. In a ‘sellers’ market,’ for example, things can move very fast....
Fast business loans can serve various purposes. Here are seven ways you can use a fast business loan: Emergencies: A fast business loan can help address an unexpected financial crisis, such as equipment breakdowns or inventory losses, to avoid business closure. ...
How is it related to financial crisis of 2007-08? Distinguish between the credit risk of individual loans and the credit risk of loan portfolios. How are they related? Which is most important? How is a discount window loan from the Federal. Reserve secured? Is co...
3. Sell some securities in the margin account to pay off the margin loan. Depending on the brokerage, you’ll likely get two to five days after a margin call is issued to figure out which of the above moves you want to make. If you don’t respond to the margin call, the broker ge...
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There's a lot of noise surrounding SVB's failure. Here's what investors should know about the fast-moving crisis.
The announcement of a moderately loose monetary policy in particular has drawn widespread attention. The last time monetary policy was moderately loose was in the 2008 to 2010 period after the global financial crisis. Policy researchers and economists predict that China may take unconventional monetary ...
A“jumbo loan” is a mortgage with a loan amount that exceeds theconforming loan limit. It is set by the Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac. This limit can change annually and is currently $806,500 for a one-unit property in the contiguous ...
The Housing and Economic Recovery Act (HERA) requires that the baseline conforming loan limits are adjusted each year to reflect the change in the average U.S. home price.5HERA was a piece of financial reform legislation passed by Congress in response to the subprime mortgage crisis of 2008. ...
A title loan is a type of loan that requires an asset ascollateral. Title loans are appealing to some borrowers for two key reasons. First, the applicant'scredit historyis usually not taken into consideration by the lender. And second, thanks to looser application requirements, a title loan c...