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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Letter of Credit
A commitment or promise letter, from a bank or importer, that is written to the seller, which guarantees the payment will be received on time and i ...
Bond Buyer 20
Average yield of 20 general obligation bonds with an AA rating and 20-year maturity. Released by The Bond Buyer, it is a poll of municipal bond tra ...
Odd Date
Odd date is a type of due date for foreign-exchange contracts. Odd dates are neither fixed nor spot dates. They are normally unrelated and random d ...
Investing Style
In stock mutual fund investing, it refers to employing one of three possible approaches, investing in growth stocks, value stocks, or a combination ...
Business Owner Policy - BOP
Insurance policies which covers protection from property and liability insurances. This insurance package collates the basic coverages a business r ...
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