JUNK FEES
Obscure charges evaluated in the mortgage closing documents which go to the lender or originator. The fees are not seen in the documents and normally assessed as raw dollars rather than percentage of the loan or points. This may or may not pay for an actual service to the borrower. However, these are normally not known to the borrower before signing. Some common fees include funding fees, messenger fees, settlement fees, sign-up fees, underwriting fees, and translation fees.
POPULAR TERMS
Big Bath
Manipulating a company's income statement to make poor results more poor. It is often implemented in a bad year. New CEOs use the big bath so t ...
Non-Compete Agreement
An agreement between an employer and employee, where the employee agrees not to use information learned during employment in succeeding business ef ...
Private Brand
A brand placed on products that a large manufacturer has created for smaller retailers. Small retailers place their own private brand label on the ...
Baccalaureate Bond
It is a zero-coupon bond that is issued by some states in order to help families in saving for tuition in college by addition of other tax benefits ...
Value Engineering
Value Engineering is a systematic and organized approach of providing the necessary functions in a certain project for the lowest cost possible.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
< ...
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
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.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | CPI | May | |
| 03:30 | PPI | May | |
| 05:03 | Trade Balance | May | |
| 07:00 | Economy Watchers Survey | May | |
| 16:00 | Wholesale Inventories | Apr | |
| 01:01 | BRC Retail Sales Monitor | May | |
| 01:50 | M2 Money Supply + CD | May | |
| 02:30 | Westpac Consumer Sentiment | Jun | |
| 03:30 | NAB Business Confidence | May |
