LENDER-PAID PRIVATE MORTGAGE INSURANCE
The private mortgage insurance that a mortgage lender pays for the borrower. In general, the mortgage insurance is mandatory if the loan to value (LTV) ratio is more than 80%. When lenders pay the private mortgage insurance on behalf of the borrower, it charge a higher interest rate. In other words, the borrower still pays the private mortgage insurance but in the form of a higher interest rate.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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| Time | Country | Indices | Period |
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| 09:30 | Retail Sales | Oct | |
| 10:15 | PMI Manufacturing | Nov | |
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