DRY CLOSING
Real estate closing in which the entire closing requirements are completed except for disbursing funds and delivering documents. All involved parties agree the closing can still take place and the funds are transferred the soonest time possible after the closing. It refers to the completion of a deal which involves selling or exchange of real estate. In a conventional closing, the property title is given to the purchaser and all finances relative to the purchased are settled.
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Trade or Fade Rule
Options exchange rule introduced to eliminate trade troughs. The rule requires the market maker to match a better deal seen on another market or tr ...
A-B Split
This is a method commonly used to test if the marketing media or methods used are effective. When using A-B Split method in marketing, there will b ...
Cancellation
Notification by a broker advising his or her client that an incorrect exchange deal was conducted and that the activity is being pointed out. For e ...
Kicker Pattern
A two-bar candlestick pattern that signifies change in the direction of the market trend for the price of an asset. The pattern is composed of two ...
UFMI
Up-Front Mortgage Insurance (UFMI) is an insurance premium. It is usually collected at the time of the conception of the loan on Federal Housing Ad ...
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