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
Closed-End Mortgage
Restrictive mortgage which cannot be prepaid, refinanced, or renegotiated without settling breakage costs to the lender. This is applicable to home ...
Robinson-Patman Act
Robinson-Patman Act is a federal law passed in 1936 to outlaw price discrimination. This is an amendment to the 1914 Clayton Antitrust Act and is s ...
In Street Name
Brokerage account where the client’s assets and securities are held under the name of the brokerage, not the individual owner. Although the c ...
SWS
Syndrome afflicting individuals with new or sudden wealth, causing an individual stress. Its symptoms include feelings of guilt over good fortune, ...
Trust Property
Assets placed under a trust agreement between a trustor and trustee for a beneficiary. It includes any type of asset such as cash, life insurance p ...
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SEE FOREX TUTORIAL
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Nov | |
| 02:30 | Retail Sales | Oct | |
| 02:30 | ANZ Jobs Advertisements | Nov | |
| 02:30 | Building Approvals | Oct | |
| 02:30 | Company Operating Profits | 3 quarter | |
| 02:30 | PMI Manufacturing | Nov | |
| 03:45 | Markit Final Manufacturing PMI | Nov | |
| 07:30 | Commodity Prices | Nov | |
| 09:00 | Nationwide House Price Index | Nov |
