SISA
The Stated Income / Stated Asset Mortgage (SISA) is a kind of reduced documentation program. The SIS enables the statement of income and assets in a loan application without the need for verification. The source of income must still be verified.
POPULAR TERMS
Commercial Trader
Classification from Commodity Futures Trading Commission (CFTC) referring to traders who use the futures market to hedge their business activities. ...
Index Amortizing Swap - IAS
Interest rate swap in which the notional principal amount changes based on the movement of the underlying interest rate. Basically, it is an over-t ...
Capital Allocation
A method of how companies split their monetary resources and other sources of funds to different procedures, projects and people. Overall, it is ma ...
Fixed-Income Security
An investment that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity. Unlike a variable-inc ...
Form 5
A document that must be filed with the Securities and Exchange Commission (SEC) by an insider who has conducted insider transactions during the yea ...
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SEE FOREX TUTORIAL
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
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 ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | CPI | Apr | |
| 03:30 | PPI | Apr | |
| 16:00 | Existing Home Sales | Apr | |
| 01:01 | BRC Retail Sales Monitor | Apr | |
| 01:30 | Household Spending | Mar | |
| 01:50 | Summary of Opinions | ||
| 03:30 | NAB Business Confidence | Apr | |
| 05:35 | 10-Year JGB Auction | May | |
| 07:00 | Leading Indicators | Mar |


