Tag Archives: loans
Asset-Backed Securities (ABS)
Asset-Backed Securities (ABS)
A security whose income payments and hence values are derived from and backed by a specified pool of und...
Collateral
Collateral
A collateral is an asset that the buyer gives to the lender as security for a loan. It can be in the form of real estate, ca...
CMO vs CDO
CMO vs CDO
There are several product categories within the Investment Bank and one of them is the Structured Finance Category. It is a...
Amortization
Amortization
Usually, a borrower makes a monthly payment to the lender when he/she takes out a mortgage, an auto loan, or a personal lo...
Non-Performing Asset
Non-Performing Asset
When a borrower is unable to repay the money lent by a lender, such a type of the loan becomes non-performing in t...
Loan-to-Value Ratio
Loan-to-Value Ratio
In many instances, the home loan borrowers need to fulfill many requirements defined by the lenders, primarily in r...
Waterfall Payments
Waterfall Payments
What are the Waterfall Payments?
Waterfall Payment is a payment method wherein a high-tier creditor's interest and ...
Fixed-Rate Mortgage
Fixed-Rate Mortgage
Fixed mortgage rates refer to a home loan that has a fixed interest rate throughout the term of the loan. This mea...