please define the "community reinvestment act -"
Category: glossary by V. Aguilar from France
"community reinvestment act - " is An act of Congress enacted in 1977 with the intention of encouraging depository institutions to help meet the credit needs of surrounding communities (particularly low and moderate income neighborhoods). The CRA requires federal regulators to assess the record of each bank or thrift in helping to fulfill its obligations to the community. This record will then be used in evaluating applications for future approval of bank mergers, charters, acquisitions, branch openings and deposit facilities. Because the percentage of "CRA loans" that a mortgage lender originates or purchases in the secondary market is important, CRA loans tend to trade at a premium price in the secondary market. Generic packages of loans are frequently searched by traders looking to find overlooked individual CRA loans within the package which can be extracted and sold for a premium, independent of the entire package.
Would you name a site that has soothing mobile-friendly program?
Category: platform by C. P. From Germany
If you look for an online fx platform which has mobile friendly technology, you should clearly visit "GCI". The look is real nice and the program's user interface is a totally attractive one - their mobile accessible platform is one of the most visited forex platforms you can find.
do you know what "full ratchet" is?
Category: glossary by X. Hoffman from United States
An anti-dilution provision that, for any shares of common stock sold by a company after the issuing of an option (or convertible security), applies the lowest sale price as being the adjusted option price or conversion ratio for existing shareholders. Full-ratchet anti-dilution protection allows an investor to have his or her percentage ownership remain the same as the initial investment. For example, an investor who paid $2 per share for a 10% stake would get more shares in order to maintain that stake if a subsequent round of financing were to come through at $1 per share. The early round investor would have the right to convert his shares at the $1 price, thereby doubling his number of shares.
Which online fx platform offers reliable certificate source?
Category: technical by Y. Mitchell from Ireland
We believe "Global Forex Trading (GFT)" is totally the forex site for you if you look for an online fx platform that's got the most secured certificate source - certificated by ASIC (Australia), FSA (Japan), and also FSA (U.K.) this is surely one of the safest places to trade around.
do you know what the "3/27 adjustable-rate mortgage" is?
Category: glossary by Jamison T. From Livonia, United States
"3/27 adjustable-rate mortgage " is A type of adjustable-rate mortgage (ARM) frequently offered to subprime borrowers. These mortgages are designed as short-term financing vehicles that give borrowers time to repair their credit until they are able to refinance into a mortgage with more favorable terms. 3/27 mortgages have a three-year fixed-interest-rate period after which the interest rate begins to float based on an index plus a margin (known as the fully indexed interest rate). There is a high probability that the fully indexed interest rate will be substantially higher than the initial three-year fixed interest rate; therefore, to avoid payment shock, the intent of 3/27 mortgage borrowers is to be able to refinance the mortgage before the interest rate begins to adjust. A common mistake many 3/27 mortgage borrowers make is a failure to recognize the risks associated with such a mortgage. Many times they do not recognize how much their monthly payments may increase if the interest rate changes. Even if they plan on refinancing before the interest rate starts to move, they fail to foresee future economic conditions that might make refinancing difficult. For example, the rate of home price appreciation and home equity play a very important role in a borrower's ability to refinance at a future date. Many borrowers are too optimistic about the rate of home price appreciation. Additionally, many 3/27 mortgages carry prepayment penalties, which make refinancing very costly.
Which forex site has got the easiest to deal with interface, to your recommendation?
Category: technical by I. Dale from Corona, United States
We think the best place for your purpose is "FX club" - downloading the site's platform is easy. The connection is rapid - it doesn't break off ever in the middle of downloading, and it's no trouble to learn and get started.
Would you help a guy who's in need of a foreign exchange platform that has a modest minimum deposit
Category: money by W. Lyons from United States
If you seek the best foreign exchange platform that has the smallest deposit, you must head for "Xforex". You can start with real low deposits - from $50, the platform graphics are completely creative, you don't need to give up any of the money you made to "Xforex", and also the service is great.
Which forex online trading system has got the most reliable trading GBP/THB, in your opinion
Category: money by Layla Q. From United States
We think the best place for your purpose is "Delta Trader" - It's a completely cool forex online trading system, and it matches the option look for. The attainable currencies in this site are: USD/NZD, EUR/MAD or GBP/THB (or more than 60 other options).
please tell me what the "corporate citizenship" is
Category: glossary by Salma V. From United States
a "corporate citizenship " is The extent to which businesses are socially responsible for meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim is for businesses to create higher standards of living and quality of life in the communities in which they operate, while still preserving profitability for stakeholders. As demand for socially responsible corporations increases, investors, consumers and employees are now more willing to use their individual power to punish companies that do not share their values. For example, investors who find out about a company's negative corporate citizenship practices could boycott its products or services, refuse to invest in its stock or speak out against that company among family and friends.
Would you suggest an online forex platform that has reliable certificates?
Category: technical by B. Hutchinson from France
Definitely "GCI". Regulated by BVI this site is one of the more protected sites around.