MORTGAGE BANKERS ASSOCIATION - MBA
A professional organization which represents the property or real estate finance industry. The headquarters situated in Washington, D.C., it is often called MBA. This association assists their members in conducting business of single and multifamily mortgage finance by promoting balanced and ethical lending practices, fostering professional excellence through informative programs and publications, giving out news and information, and conducting conferences.
POPULAR TERMS
Competition-Driven Pricing
Pricing method in which the seller decides on prices according to rivals’ prices. It seeks to determine a price which will attain the most pr ...
Member Short-Sales Ratio
A ratio that compares the number of short sales transacted on behalf of New York Stock Exchange members and the short sales that took place in that ...
Subprime Meltdown
Situation which affected the mortgage industry in 2007 because of approving individuals with poor credit rating. The housing boom in mid-2000s and ...
Financial Planner
An investment professional who helps people and corporations meet their long-term financial goals. A financial planner analyzes the status of his o ...
Hard-to-Borrow List
A list that outlines the securities a brokerage can’t provide to investors for short selling.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
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