SCHEDULED RECAST
Scheduled Recast is rechecking the computation of the remaining schedule of a mortgage set to be done at a date agreed upon and known prior. Mortgages have scheduled recast as part of their program due to the option in mortgages where it can be paid in advance which aren’t fully amortized. Thus, at the date of the scheduled recast, another amortization schedule will be computed based on the remaining term and principal balance at the moment of schedule recast. This guarantees the payment of the mortgage by the original term’s end. This also typically means an increase in the remaining scheduled payments.
POPULAR TERMS
Easy-to-Borrow List
Brokerage firm’s list of securities available for borrowing in short selling transactions. Availability is normally known by looking at its a ...
Network Marketing
This sale strategy refers to a salesperson attending meeting of different organizations whose members are likely to be interested in a specific pro ...
Market Cannibalization
Reduction in sales volume or market share of a company, caused by a negative impact made by a new product the same company introduced. Also called ...
Rate Of Change
Rate of change refers to the speed at which a variable changes over a period of time. It is commonly used when referring about momentum, and may be ...
European Monetary System - EMS
Arrangement between many European countries which link their currencies in order to stabilize the exchange rate and prevent huge fluctuations. Crea ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
An Introduction to Ethical Investing
Ethical investing is, simply put, investing while taking into consideration your personal beliefs or your ethics. Because it is personal, it means ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Fixed Asset Investment | Apr | |
| 04:00 | Industrial production | Apr | |
| 04:00 | Retail Sales | Apr | |
| 04:00 | Unemployment Rate | Apr | |
| 04:00 | NBS Press Conference | ||
| 10:00 | Trade Balance | Mar | |
| 16:00 | NAHB Housing Market Index | May | |
| 22:00 | TICS | Mar | |
| 00:45 | Producer Price Index | 1 quarter |
