In its recent warnings, the Central Bank of Nigeria has asked mortgage banks nationwide to submit regulatory returns early. This was because it also warned Development Finance Institutions and Mi...
The big short star Michael Burry made a name for himself during the recent housing crisis by shorting the mortgage subprime bond, and now he is shorting Tesla stock.Dr. Michael Burry was a medical stu...
Collateral Value is the market value of anything used as collateral to support a loan. This can create issues with margin requirements; if the asset begins to lose value the borrower would need to sup...
A credit score is a form of report that tells lenders about a person's creditworthiness, meaning how likely an individual is going to pay back a loan based on his/her credit hist...
Real estate investment trusts (REITs) refer to companies that own and operate real estates in order to generate income. Properties included in a REIT portfolio may include apartments, health care faci...
This is simply a fixed-interest rate paid subsequently for five years but subjected to adjustment after the first five years. It is also known as a 5-year ARM or 5-year-fixed period ARM. From the name...
The whole world is in trying times. With over 90% of businesses shut down, millions of workers have been rendered jobless and thousands furloughed with no certainty of when they would get their jobs b...
When you ask a real estate investor how he or she gets into the business, the reply often boils down to these two: by engaging in the traditional method of buying and holding single-family rental or r...
As coronavirus lockdowns are being eased, and the economy slowly reopening, threats of evictions lurk around the corner which will affect millions of people especially those in the Black communities. ...
DefinitionCollateral value is a financial term used to refer to the fair market value an asset has when securing a loan. The collateral value of assets is simply determined by comparing the recent sal...