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Warehouse Lending

Warehouse Lending is a line of credit offered by a financial institution in order for the loan originator to back up a mortgage that was originally used by a borrower to purchase a property.

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POPULAR TERMS

Employer Identification Number - EIN
Distinct identification number assigned to a business entity so the Internal Revenue Service can easily identify these entities. Employers commonly ...
Last In, First Out - LIFO
An accounting technique of asset-management and valuation where the last unit acquired or produced are the ones to be recorded as sold, used, or di ...
Mancession
The term coined for an economic instance which pertains that the unemployment rate in men is higher than in women. During the financial crisis of 2 ...
Seasonality
Seasonality is a trait of a time series. If a time series has a seasonality this means that the data behaves in a predictable and expected way in a ...
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Figure used when reporting a very historical return like 3 or 5 year average return of mutual funds.
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