Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about fixed income securities: | |||||||||||||||||||||||
Credit Scores: How Much Debt Is Too Much?
December 6, 2004 How Does Debt Affect FICO Score? "When I ordered my FICO score, one of the reasons given for my low score was that ?The amount owed on your accounts is too high.? Since I own marketable securities that are worth twice as much as all my debts combined, ... more... Stated Income Loans: Lie to Get a Better Rate? June 20, 2005 Stated income loans are also called ?liars loans?, because in some cases, the rules virtually invite the borrower to lie. The case below is a great illustration. ?My husband makes $7,000 a month but has a credit score of 503. I make $1250 and have a score ... more... |
|||||||||||||||||||||||
fixed income securities related definitions |
|||||||||||||||||||||||
Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more... Mortgage Baked Securities, MBS Mortgage Baked Securities, MBS Mortgage-backed securities (MBS) are bond or other financial obligation secured by a pool of mortgage loans. Mortgage loans are purchased from banks, mortgage companies, and other originators and then assembled into pools by purchasing entity. ... more... |
|||||||||||||||||||||||
More about fixed income securities How to Sell Bonds Is My Money Safe? On The Soundness Of Our Banks Insurance Glossary of Terms Get the Mortgage Quote Your Bank Doesn't Want You to See The Sources Of Income Taxable Under Central Excise Duties Saving Money By Spending Wisely The Convertible Craze Brightens The Future Of Equities Do Your Homework - Find the Mortgage That Fits Your Lifestyle and Your Budget 5 Ways To Protect Your Bond Portfolio From Rising Interest Rates Insurance Glossary
|
|
||||||||||||||||||||||
|