ALTERNATIVE DOCUMENTATION
A process of documentation to approve loans where the lender will accept documents like paychecks stubs and bank statements from the borrower as verification of income on the application. This is said to be much quicker than the traditional method of verification.
POPULAR TERMS
Gift Letter
Written correspondence given to a lender acknowledging the money received is a gift from a friend or relative. Normally, it occurs when a borrower ...
Digits Deleted
A designation on an exchange's ticker tape that refers to the absence of one or more price digits caused by tape delay. Digits deleted comes in ...
Quadruple Witching
Basically, quadruple witching is the day in which all contracts for stock index options and futures, single stock futures, and stock options expire ...
Cash on Delivery - COD
Transaction in which payment for an ordered good is made on its delivery date and time. The good will be returned to the seller should the buyer fa ...
Robo-Signer
A mortgage servicing company employee signing foreclosure documents without reviewing them. A robo-signer does not review details of individuals, a ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
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It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Buying a Home: Getting Into the Escrow Process
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 ...
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 13:00 | Bundesbank Monthly Report | ||
| 15:30 | New Housing Price Index | Dec | |
| 17:00 | Consumer Confidence | Jan | |
| 17:00 | Leading Index | Dec | |
| 02:30 | NAB Business Confidence | Dec | |
| 02:30 | PMI Manufacturing | Jan | |
| 02:30 | Tertiary Industry Index | Jan | |
| 02:30 | PMI Composite | Jan | |
| 07:00 | BOJ Core CPI | Dec |
