amount of loan
91home loan — noun a loan secured by equity value in the borrower s home • Syn: ↑home equity credit, ↑home equity loan, ↑equity credit line • Hypernyms: ↑consumer credit, ↑loan * * * home loan noun A mortgage …
92Collateralized loan obligation — Collateralized loan obligations (CLOs) are a form of securitization where payments from multiple middle sized and large business loans are pooled together and passed on to different classes of owners in various tranches. A CLO is a type of… …
93Western Savings and Loan — Infobox Company name = Western Savings and Loan type = Holdings, loans slogan = foundation = 1929 location city = Phoenix, Arizona location country = USA key people = Junius ElMarion Driggs, CEO Douglas Driggs num employees = industry = Banking… …
94term loan — a loan for a fixed period of more than one year and repayable by regular instalments. Glossary of Business Terms A bank loan, typically with a floating interest rate , for a specified amount that matures in between one and ten years, and requires …
95Stated income loan — A stated income loan is a mortgage where the lender does not verify the borrower s income, by looking at their pay stubs, W 2 forms, income tax returns, or other records. Instead, borrowers are simply asked to state their income, and taken at… …
96Car Title Loan — A short term loan in which the borrower s car title is used as collateral. The borrower must be the lien holder (i.e. own the car outright). Loans are usually for less than 30 days. If the loan is not repaid, the lender can take ownership of the… …
97Federal Home Loan Bank System - FHLB — An organization created by the Federal Home Loan Bank Act of 1932 to increase the amount of funds available for lending institutions who provide mortgages and similar loan agreements to individuals. This system was created in response to the… …
98North American Loan Credit Default Swap Index - LCDX — A specialized index of loan only credit default swaps (CDS) covering 100 individual companies that have unsecured debt trading in the broad secondary markets. The LCDX is traded over the counter and is managed by a consortium of large investment… …
99Payday Loan — A type of short term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post dated personal check in the amount they wish to borrow plus a fee in exchange for cash. The lender… …
100Perkins Loan — A loan program that provides low interest student loans to undergraduate and graduate students who demonstrate exceptional financial need. The Perkins Loan is made through the student s school s financial aid office. The school is the lender, and …
