JUMBO LOAN
A mortgage with a loan amount that exceeds the conforming loan limits fixed by the Office of Federal Housing Enterprise Oversight (OFHEO). The agency sets the conforming loan limits size annually. Also known as jumbo mortgage, it cannot be guaranteed, purchased, or securitized by Fannie Mae or Freddie Mac. These loans are mostly used for secondary and luxury homes.
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Douglas Amendment
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Lilly Ledbetter Fair Pay Act
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Generation-Skipping Trust
Legally binding trust agreement passing the contributed assets to the grantor’s grandchildren, not his children, upon the grantor’s dea ...
Net Change
Net change is the difference between the closing price of a security on one trading day and the closing price of the previous day. It may either be ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Dec | |
| 10:00 | KOF Economic Barometer | Dec | |
| 10:00 | CPI | Dec | |
| 16:45 | Chicago Purchasing Managers Index | Dec | |
| 17:00 | Pending Home Sales | Nov | |
| 03:30 | PMI Manufacturing | Dec | |
| 03:30 | Non-Manufacturing PMI | Dec | |
| 16:00 | House Price Index | Oct | |
| 03:45 | Markit Final Manufacturing PMI | Dec |
