Collateralized Mortgage Obligation
Finance

Collateralized Mortgage Obligation

Collateralized Mortgage Obligation (CMO) is a form of mortgage-backed security in which principal repayments are organized in accordance with their maturities and into different classes…
Mortgage Broker
Finance

Mortgage Broker

Mortgage broker is an intermediary that brings mortgage borrowers and mortgage lenders together, but isn’t going to use its own funds to come mortgages. A…
Secondary Market
Finance

Secondary Market

The word “secondary market” is utilized to refer for the market for any used goods or even assets, or a different use for an existing…
Mortgage Bank
Banking

Mortgage Bank

Mortgage Bank is a company, individual or an institution that generates mortgages. Mortgage bankers use their unique funds, or funds borrowed from the warehouse lender,…
Ethical Banking Definition
Banking

Ethical Banking Definition

The ethical banking movements includes: ethical investment decision, impact investment, socially responsible investment, corporate societal responsibility and related movements because the fair trade mobility, ethical…
Microinsurance
Finance

Microinsurance

Microinsurance is definitely an insurance products that supply coverage to low-income families. A microinsurance strategy provides protection to people that have little savings and it…
Microfinance
Finance

Microfinance

Microfinance is often a general term to spell out financial services to low-income individuals in order to those who do not need typical banking companies.…
Bond of Association
Banking

Bond of Association

Bond of association in early USA credit unions were being generally employee-based, and concentrated from the manufacturing and transport industries, and between soldiers, teachers along…
Credit Union
International Business

Credit Union

Credit union differ from banks and other financial institutions in that whoever has accounts in credit union tend to be its members as well as…
Mutual Savings Bank
Banking

Mutual Savings Bank

Mutual Savings Bank (MSB) is a kind of thrift institution, originally meant to serve low-income people, that historically picked up long-term, fixed-rate assets like mortgages.…
Cooperative Banking
Banking

Cooperative Banking

Co-operative bank is a financial entity that belongs to their members, who are at the same time the owners as well as the customers of…
Industrial Robot
Engineering

Industrial Robot

A great industrial robot is defined by ISO 8373 as a possible automatically controlled, re-programmable, multipurpose manipulator programmable in three or maybe more axes. The…
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