What is 2-1 Buydown ? Financial analysis, Financial planning No Comments Definition of 2-1 Buydown 2-1 Buydown is a kind of mortgage with a set of two preliminary temporary-start attention levels […] Read More
What is Subordinate Financing? Business Analysis, Management Analysis No Comments Definition of Subordinate Financing Subordinate financing is debt that orders behind a first secured lender’s debt such as a first […] Read More
What is Subordination Agreement? Business Analysis, Management Analysis No Comments Definition of Subordination Agreement subordination agreement is a legal document that gives priority to one debt over another for collecting […] Read More
What is Subordination Clause? Financial planning, Management Analysis No Comments Definition Subordination Clause is an agreement. Which states that the current claim on any debts will take priority over any […] Read More
What is Sundry Income? Accounting, Financial analysis No Comments Definition Of Sundry Income In its simplest form, Sundry income refers to the irregular activities or miscellaneous income earned by […] Read More
What is CMO? Business Analysis, Financial analysis No Comments Definition A Collateralized Mortgage Obligation is a mortgage-backed security formed as a special purpose entity to receive mortgage payments that […] Read More
What is Yield maintenance? Financial planning No Comments Definition of Yield maintenance A prepayment premium or penalty that allows investors to have the same yield if borrower had […] Read More
What is Z-bond? Business Analysis, Financial analysis, Financial planning No Comments Definition of Z-bond It is the final tranche in a series of mortgage-backed securities that is the last one […] Read More
What is Z-tranche? Business Analysis, Financial analysis, Financial planning No Comments Definition of Z-tranche It is a special type of bond class in a sequential pay collateralized mortgage obligation. This […] Read More