AIR LOAN
A scheme in mortgage in which a property is invented by a mortgage broker and a borrower will defraud the lenders to complete the transactions and earn profit. The broker may set up a system of mailboxes and phone banks that are used for the verification of the borrower’s home address, employment, credit history, and even the property’s title history and appraisal value since the borrower is not real.
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Consolidation
In technical analysis, movement of an asset’s price within a well-defined pattern or barrier of trading levels. In general, it pertains to an ...
Open Market Operations - OMO
It is the buying and selling of securities of the government in the open market to increase the amount of money in the banking system.
Pairs Trade
Pairs trade is said to be the best strategy for stock pickers, as stock is all that matters. What the real market does will not matter. When the ma ...
Forward Start Option
The advance purchase of a put or call option with a strike price that will be determined at a later date, typically when the option becomes active. ...
Disclaimer Trust
A trust that has embedded provisions (usually contained in a will) which allow a surviving spouse to put specific assets under the trust by disclai ...
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Before deciding whether to move our or remodel your home, you need to consider some other factors.
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You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
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Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
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