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.
POPULAR TERMS
Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
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| 09:00 | CPI | Oct | |
| 09:00 | Harmonized CPI | Oct |
