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Financial terms in "Loan and Mortgage"

1. Adjustment Interval

2. Debt elimination

3. Homeowner's Insurance

4. Mortgage Modification

5. Cumulative interest

6. Depreciation

7. Commission

8. Government National Mortgage Association

9. Residual Qualifying

10. Balloon Mortgage

11. Fee Paid From

12. HUD1 Statement

13. Credit-Loss Ratio

14. Phone

15. Amount Of Loan

16. Homeowner's equity

17. Mortgage Broker

18. Appraiser

19. Borrower

20. Loan Origination

21. Pricing Notch Point (PNP)

22. Recast payment

23. Interest rate increase cap

24. Repayment Length - Standard And Extended

25. Escalator Clause

26. Lock period

27. Pre-Payment

28. Fair Credit Reporting Act

29. Construction Loan

30. Recast

31. Capital Improvements

32. Lease

33. Credit Risk

34. Graduated payment mortgage (GPM)

35. Gross Income

36. rate

37. Balloon Payment

38. Payment adjustment interval

39. Restrictions

40. Loans In Repayment

41. Mortgage scams

42. Accrued Interest

43. Sweat Equity

44. Reverse Mortgage (HECM)

45. Closing

46. Private Uncertified Loans

47. Lock noun

48. Forbearance

49. Mortgage Note

50. Housing bank

51. Internet mortgages

52. Liabilities

53. Personal Property

54. Fannie Mae

55. Lock

56. Rollover Loan

57. Up Front Charges

58. Stafford Subsidized Loan (fdlp And Ffel)

59. Non-Permanent resident alien

60. FSBO (For Sale by Owner)

61. Continuing Education Loans

62. Direct Loan Servicing Center

63. Cost of Funds Index (COFI)

64. Acceleration

65. Term

66. Direct Loans

67. Notional Principal Amount

68. Discount

69. Initial rate period

70. Home Keeper

71. Joint Tenancy (with Rights of Survivorship)

72. Second Mortgage

73. Federal Family Education Loan (ffel) Program

74. junior mortgage

75. Expected Family Contribution (efc)

76. Special Forbearance

77. Permanent buydown

78. Lead-Generation site

79. Program Of Study

80. Interest rate risk premium

81. leverage

82. FICO Score

83. assumption

84. Shared appreciation mortgage

85. Jumbo mortgage

86. Settlement Statement

87. No Cash-out Refinance

88. Affidavit

89. Transfer Agent

90. Posted prices

91. 1 Month Option ARM

92. Note

93. CMO

94. Deposit (Earnest Money)

95. Casualty Protection

96. Repayment Fee

97. Risk Based Capital

98. Periodic Rate Cap

99. Assessor

100. Simple interest mortgage

Note: Maximum 100 records reached. Please narrow your search.

Featured term of the day

Definition / Meaning of

Jumbo CD

Categories: Banking,

Jumbo CDs are large-denomination certificates of deposit with balances of at least $100,000, and sometimes $1 million or more. They tend to pay higher rates than smaller CDs and are purchased primarily by institutional investors. However, they're increasingly marketed to individual investors as low-risk, fixed-income assets. Jumbo CDs may be negotiable or non-negotiable. Negotiable CDs may be traded in the secondary market and are often issued in bearer form, which means that physical possession of the paper document is the sole proof of ownership. The banks that sell bearer CDs keep no records of ownership.Non-negotiable Jumbo CDs, like conventional CDs, remain on deposit in the bank that issued them and are held in the name of the purchaser. These Jumbo CDs, like other bank deposits, are FDIC insured, up to $100,000 per depositor in different categories of taxable accounts in each bank and up to $250,000 if they are held in self-directed retirement accounts, such as individual retirement accounts (IRAs).

Most popular terms

1. Continuous Net Settlement
2. Preapproval
3. Health Insurance
4. Section 9 Renewal Application
5. Fill Or Kill Order (FOK)
6. Consensus Recommendation
7. Fall
8. Securitization
9. Education Savings Account (ESA)
10. Margin Clause

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