home equity loan
61Mortgage Equity Withdrawal - MEW — The removal of equity from the value of a home through the use of a loan against the market value of the property. A mortgage equity withdrawal (MEW) reduces the real value of a property by the number of new liabilities against it. During times… …
62Collateralized 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… …
63ninja loan — n. A loan or mortgage given to a person who has no income, no job, and no assets. Also: NINJA loan. [From the phrase, No Income, No Job or Assets.] Example Citations: It s not as though the absurd excesses of the mortgage market were some big… …
64Air Loan — A mortgage fraud scheme in which a mortgage broker invents a property and a borrower in order to earn profits on completed loan transactions by defrauding lenders. Since the borrower is not real, the broker may set up a system of phone banks and… …
65ЗАКОН О ЗАЩИТЕ ПРАВ ПОЛУЧАТЕЛЕЙ ССУД ПОД ЗАЛОГ ЖИЛЬЯ — HOME EQUITY LOAN CONSUMER PROTECTION ACTЗаконодательный акт, вступивший в силу6 ноября 1989 г., установивший более широкую шкалу требований к раскрытию сведений, включаемых в контракты о предоставлении кредитов, с целью предоставления… …
66HEL — home equity loan кредит, обеспеченный жилым домом …
67HELOC — A home equity line of credit (often called HELOC and pronounced HEE lock) is a loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower s equity in his/her… …
68Texas constitutional amendment election 2007 — The 2007 Texas Constitutional Amendment Election took place 6 November 2007.Sixteen proposed amendments (propositions) appeared on the ballot all of which were approved by the voters. About 1,088,137 voters statewide went to the polls, out of… …
69Asset-backed security — In finance, an asset backed security is a type of debt security that is based on pools of assets, or collateralized by the cash flows from a specified pool of underlying assets. Assets are pooled to make otherwise minor and uneconomical… …
70Securitization — is a structured finance process, which involves pooling and repackaging of cash flow producing financial assets into securities that are then sold to investors. The name securitization is derived from the fact that the form of financial… …
