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Banking
The business of a banker, banking involves an establishment for the loaning, holding, exchanging, or issuing of money. Also deals with the transmission of funds and the extensions of credit.
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Banking > Mortgage
balloon mortgage
Banking; Mortgage
A mortgage that has level monthly payments that would fully amortize over a stated term, but which provides for a lump-sum payment to be due at the end of an earlier specified ...
bimonthly mortgage
Banking; Mortgage
A mortgage on which the borrower pays half the monthly payment on the first day of the month, and the other half on the 15th.
biweekly mortgage
Banking; Mortgage
A mortgage with payments due every two weeks, totaling 26 payments a year.
blemished borrowers
Banking; Mortgage
Borrowers with one or more of the following risk factors: they can only make a very small or no down payment; they cannot fully document their income and assets; their property is ...
bridge loan
Banking; Mortgage
A short-term loan, usually from a bank, that "bridges" the period between the closing date of a home purchase and the closing date of a home sale. Unsecured bridge loans are ...
cash-out refi
Banking; Mortgage
Refinancing for an amount in excess of the balance on the old loan plus settlement costs. The borrower takes "cash-out" of the transaction. This way of raising cash is usually an ...
Sub-categories
- General banking (976)
- Initial public offering (2798)
- Investment banking (26902)
- Loan & advances (157)
- Merchant banking (150)
- Mergers & acquisitions (3237)
- Mortgage (522)
- Personal banking (1499)
- Refinance (1590)
- Savings (211)
- Underwriting (39)