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Financial terms in "Loan and Mortgage"

1. Home Owners Loan Corporation

2. Forbearance

3. Liabilities

4. Permanent buydown

5. Direct Lending

6. Fdlp

7. Payoff month

8. Maximum lock

9. Settlement Costs

10. Enrollment Status

11. Negative Homeowners Equity

12. Total Debt Ratio

13. REALTOR?

14. Maximum Deferment Period

15. Discount Points = Interest Charges paid up-front when a borrower closes a loan. A point is equal to

16. Fixed Interest Rate

17. Junk fees

18. Agreement of Sale

19. Credit Enhancement

20. Real Estate Agent

21. Cooperative (Co-op)

22. Caps

23. Hybrid Financing

24. Covenants

25. Underwriting requirements

26. Capital Gain

27. Truth in Lending (TIL)

28. Up Front Charges

29. Homeowner's Insurance

30. Single file mortgage insurance

31. Plus Loans (parent Loan For Undergraduate Students)

32. Loan Principal

33. Sale-Buyback

34. Affidavit

35. Affordability

36. Credit-Loss Ratio

37. Guaranteed Mortgage Price Agreement

38. Back to Back Escrow

39. Debtor

40. Effective Rate With All Borrower Rewards

41. Income-based Repayment Plan

42. Discount mortgage broker

43. Price-gouging

44. Power of Attorney

45. Stafford Loans

46. Annual percentage rate

47. Open-end mortgage

48. VA Loan

49. Housing expense

50. Self-employed borrower

51. Purchase Offer

52. Common Stock

53. Negative Amortization

54. A Loan or "A" Paper

55. Loan Needed

56. Repayment

57. HVAC

58. Discount Points

59. Periodic Rate Cap

60. 401(k)/403(b) loan

61. junior mortgage

62. Lock verb

63. Payment power

64. Adjustment Index

65. Principal

66. Fee Simple

67. Margin

68. Dual apper

69. Home equity line

70. Lease Option

71. Convertible ARM

72. Graduate Plus Loans

73. Escrow

74. Pre-Payment

75. Zoning

76. Qualifying Ratio

77. Master Promissory Note

78. Real Estate Property Tax Deduction

79. Graduated Repayment Plan

80. American Society of Home Inspectors

81. Rent-Loss Insurance

82. Charge-Off

83. Income Contingent Repayment Plan

84. Interest Rate

85. Fixed rate mortgage (FRM)

86. C Loan or "C" Paper

87. Direct Loan Servicing Center

88. Subordinate

89. Per diem interest

90. Merged Credit Report

91. Loan Holder

92. Interest payment

93. Maturity

94. Graduation period

95. Estate

96. Mortgage program

97. Asset

98. Interest Rate Swap

99. Credit Repair Companies

100. Retail lender

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

Featured term of the day

Definition / Meaning of

Cash Forward Contract

Categories: Futures,

A cash market transaction in which a seller agrees to deliver a specific cash commodity to a buyer at some point in the future. Unlike futures contracts (which occur through a clearing firm), cash forward contracts are privately negotiated and are not standardized. Further, the two parties must bear each other's credit risk, which is not the case with a futures contract. Also, since the contracts are not exchange traded, there is no marking to market requirement, which allows a buyer to avoid almost all capital outflow initially (though some counterparties might set collateral requirements). Given the lack of standardization in these contracts, there is very little scope for a secondary market in forwards. The price specified in a cash forward contract for a specific commodity. The forward price makes the forward contract have no value when the contract is written. However, if the value of the underlying commodity changes, the value of the forward contract becomes positive or negative, depending on the position held. Forwards are priced in a manner similar to futures. Like in the case of a futures contract, the first step in pricing a forward is to add the spot price to the cost of carry (interest forgone, convenience yield, storage costs and interest/dividend received on the underlying). Unlike a futures contract though, the price may also include a premium for counterparty credit risk, and the fact that there is not daily marking to market process to minimize default risk. If there is no allowance for these credit risks, then the forward price will equal the futures price. also called forward contract.

Most popular terms

1. Structured Product
2. Homeowner's Insurance
3. Charitable Remainder Trust
4. MCS-90 Endorsement
5. Risk Manager
6. Distribution
7. Passively Managed
8. Dilution
9. Use-based Application
10. Dollar-weighted Rate Of Return

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