CMG PLAN
Mortgage plan in which the mortgage of a borrower is designed like a checking account. Paychecks are directly deposited into the mortgage account and balance is deducted by that amount. The mortgage balance increases as checks are written against the account during the given month. Any deposited amount not withdrawn in that account through check-writing process will be applied to the mortgage balance at the end of the month as principal repayment.
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Qualified Institutional Placement - QIP
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Centrally Planned Economy
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Minority Interest
Significant but does not control ownership of lower than 50% of the firm’s voting shares, either by an investor or another company.
Hardship Exemption
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Absolute Performance Standard
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