LOAN MODIFICATION SPECIALIST
An individual who deals with loan modifications, in particular. They work hand in hand with borrowers who are almost or have defaulted on their mortgage. It is simply an adjustment made to the terms of the existing loan in order to lessen the probability of a borrower defaulting. Reducing interest rate, extending the length of loan term, changing loan type, or a combination of all adjustments are the usual adjustments done in a loan.
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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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01:30 | Westpac Consumer Sentiment | Nov | |
01:50 | M2 Money Supply + CD | Oct | |
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09:00 | Harmonized CPI | Oct |