MORTGAGE BANKER
A company, individual, or entity who lends mortgages. These bankers utilizes their own funds or funds taken from a depot lender to finance mortgages. After a mortgage is materialized, the banker might keep the mortgage in the portfolio or sell it to an investor. Also, the mortgage banker might use the mortgage or sell the usage rights to a financial institution. Its primary business is to gain the fees associated with the loan origin. Most mortgage banks do not hold the mortgage in portfolio.
POPULAR TERMS
Exchange Rate
Price of a country’s currency relative to another currency. It has two components: domestic currency and foreign currency. It can be quoted e ...
Welfare Loss of Taxation
Welfare Loss of Taxation refers to a declined economic well-being due to the imposition of tax.
University of Connecticut School of Business
The University of Connecticut School of Business is a renowned school of business in Connecticut. The school offers undergraduate, graduate, and do ...
Sir John Templeton
Sir John Templeton is the founder of the Templeton Growth Fund which was one of the first mutual funds to accept global investing and is known to m ...
Overreaction
A market theory that states that investors and traders react excessively to new information about a given security. This will cause the price of th ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
View every corporate webs ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
Getting to Know The Federal Reserve
The world’s largest economy in the world is the economy of the United States and running it, keeping it in check, and making sure that it doe ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
06:30 | Tertiary Industry Index | Mar | |
02:30 | Westpac Consumer Sentiment | May | |
03:30 | Monetary Policy Meeting Minutes | ||
05:00 | Credit Card Spending | Apr | |
08:00 | PPI | Apr | |
10:00 | Current Account (sa) | Mar | |
11:00 | Current Account (sa) | Mar | |
12:00 | CBI industrial order books balance | May | |
14:30 | Consumer Price Index | Apr |