Meaning SECOND MORTGAGE LENDING: Loans secured by real estate previously pledged in a first mortgage
More terms such as Second mortgage lending in Dictionary S.
- Definition Spread Income:
- Examples income, the difference between income and cost. For a depository institution, the difference between the assets it invests in (loans and securities) and the cost of its funds (deposits and other second mortgage lending definition.
- Definition Second-Preferred Stock:
- Examples Preferred stock issue that has less priority in claiming dividends and assets in liquidation than another issue of preferred stock second mortgage lending explain.
- Definition Senior Debt:
- Examples Debt whose terms in the event of bankruptcy, require it to be repaid before subordinated debt receives any payment second mortgage lending what is.
- Definition Securities Investor Protection Corporation (SIPC):
- Examples A nonprofit corporation that insures customers' securities and cash held by member brokerage firms against the failure of those firms second mortgage lending meaning.
- Definition Short Covering:
- Examples Used in the context of general equities. Actual purchase of securities by a short seller to replace those borrowed at the time of a short sale second mortgage lending abbreviation.