80-10-10 MORTGAGE
Mortgage transaction in which the first and second mortgage are originated at the same time. The first mortgage has 80% loan-to-value ratio while the second one has 10% loan-to-value ratio, and the borrower gives a 10% down payment. These piggy-back mortgage transactions are often used by borrowers in order to avoid paying private mortgage insurance.
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McDonough Ratio
A ratio developed by the Basel Committee on Banking Supervision during Basel II conference. This ratio stemmed out from the Cookie ratio that was p ...
Excess Returns
Portion of return from a security or portfolio not explained by the overall market’s return rate. It measures the value added by the investme ...
M0
Measuring money supply that sums up all the physical currency (notes and coins) that is circulating in the economy and the bank reserves held with ...
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A prefabricated housing unit, which is assembled in factories, prior to being moved to sites of use. The cost of construction per square foot is ty ...
MSCI BRIC Index
An index which measures the equity market performance of the emerging market indexes of Brazil, China, India, and Russia. One of MSCI's Regiona ...
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