JUNK FEES
Obscure charges evaluated in the mortgage closing documents which go to the lender or originator. The fees are not seen in the documents and normally assessed as raw dollars rather than percentage of the loan or points. This may or may not pay for an actual service to the borrower. However, these are normally not known to the borrower before signing. Some common fees include funding fees, messenger fees, settlement fees, sign-up fees, underwriting fees, and translation fees.
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Account Hold
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Regulation Y
A Federal Reserve regulation which regulates corporate bank holding company practices as well as particular practices of state-member banks. Practi ...
Naked Position
It is a security position which is not hedged from the market risk. Both the potential gain and potential risk are larger when a position is ...
Turnaround
Financial recuperation of a company following a deteriorating financial performance over a prolonged time. Companies experiencing financial difficu ...
Carve-Out
Partial divestiture of a business unit. The firm is not selling that unit overnight and may instead sell an equity share in the business or spin it ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | GDP | 3 quarter | |
| 09:00 | Current Account | 3 quarter | |
| 09:00 | Business Investment | 3 quarter | |
| 09:00 | Import Price Index | Nov | |
| 10:00 | GDP | 3 quarter | |
| 15:30 | Gross Domestic Product | Oct | |
| 15:30 | Industrial Product Price Index | Nov | |
| 15:30 | Raw Materials Price Index | Nov | |
| 15:30 | Durable Goods Orders | Nov |
