A reaction that is triggered upon occurrence of a predefined event such as when loans/ liabilities exhibit a high percentage…
An acronym for home-equity line of credit; a line of credit that is secured by a borrower's home equity. As...
A line of credit that is secured by a borrower's home equity. As a security, it gives a homeowner borrower...
A loan that is not guaranteed by any specific type of property. The creditor receives no collateral as an assurance...
A crowdfunding which involves the crowd lending to businesses (people to business/ person to business- P2B) or to persons (peer…
It stands for loan loss reserve; a type of credit enhancement whereby a reserve (specifically, a cash reserve) is created...
A type of credit enhancement whereby a reserve (specifically, a cash reserve) is created by a bank for the purpose...
The complete whole loan that is extended to a borrower for residential financing. It is a standalone, individual loan that...
A securitized product (a type of collateralized debt obligations – CDOs) that originates obligations collateralized or backed by a pool…
A reverse repurchase (repo) agreement by which a mortgage firm sells federally guaranteed mortgage-backed securities (MBSs) to a securities dealer…