BELOW MARKET INTEREST RATE - BMIR
Housing-related programs that propose credits to fit candidates at interest rates that are lower than current market rates. Many cities have agendas that are working in extending below market interest rate (BMIR) credits to individuals with limited incomes, either for making home upgrades or for buying a home. BMIR-based rental program is also in The Department of Housing and Urban Development (HUD) for HUD-assisted residents.
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Secondary Mortgage Market
Secondary Mortgage Market is a market wherein mortgage aggregators, securitizers, originators, and investors go to buy and sell mortgage loans and ...
Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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