Auto loans are types of amortizing assets, and so the cash flows of an auto loan ABS include monthly interest, principal payment, and prepayment. Prepayment risk for an auto loan ABS is much lower when compared to a home equity loan ABS or MBS. Prepayment only happens when the borrower has...
When evaluating your application and determining the maximum amount to lend you,, a lender will look less closely at your credit score and focus more on: Your age. The location and condition of your home. Your home’s appraised value. During the application process, you must include all indi...
To understand credit spreads better, let’s break down the components. The first component is the benchmark yield, typically a government bond with an equivalent maturity. This is considered to have almost no credit risk since governments are generally viewed as reliable borrowers. The second compo...
This is an important question, and we put this in-depth guide together to cover it. Below, we’ll walk through a thorough performance management definition, the importance of performance management, each step of the performance management process, and a great deal more. Use the table of conten...
We'reintroducing two field types for the formula fieldto enhance data optimization: one for formulas with up to 255 characters and another for formulas exceeding this limit. This ensures each formula field is optimized for its character count. ...
Zia-powered app building is now driven by our in-house LLM, Zoho GenAI, which helps you build apps from prompts and suggests fields tailored to your business needs. OpenAI integration is also available to all users through a BYOK option. Sandbox for extensions Extensions developed on the Zoho...