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Volkswagen lease unit asks for Dutch loan guarantee - Forbes
AMSTERDAM, Nov 19 (Reuters) - Dutch car lease group Leaseplan, 50 percent owned by Germany's Volkswagen , said on Wednesday it had applied for 1.5 billion euros ($1.9 billion) of Dutch state loan guarantees to refinance debt. 'With the guarantee we ...

NIBC considers using Dutch bank guarantee plan - Forbes
AMSTERDAM, Nov 14 (Reuters) - Dutch merchant bank NIBC is considering making use of an interbank loan guarantee plan from the Dutch government, which could make it the first Dutch financial to do so, NIBC's Chief Executive said on Friday. 'We're ...

Results 1 - 100 of about 6275 for Public sector bank employees salary ... - Newstrack India
Amsterdam, Sep 30 (DPA) ABN Amro personnel have demanded that the bank continue... on Dutch television Tuesday. 'The call among ABN Amro employees to continue as an independent bank is very strong,' Hofland said. The Netherlands 'Employees want ABN ...

Latest Pictures - Newstrack India
;This time, pilgrims can walk into any of the 182 branches of the bank across... from the Dhanalakshmi Bank to buy the prasadam of the famous Sabarimala temple..., a senior official of the bank at the Devaswom headquarters here. ;With the addition of ...

ABCPMMMFLF Spells Fed Relief for JPMorgan, Citi Shadow Banking - Daily Business Review
he U.S. Federal Reserve’s emergency lending programs, intended to thaw commercial paper and money markets, are also helping banks limit losses from some of their $4 trillion in off-the-books guarantees and loan commitments. A Fed program to buy as ...

UPDATE 2-TNT sees "recessionary trend", cuts outlook - Reuters
AMSTERDAM, Oct 16 (Reuters) - Dutch mail company TNT NV (TNT.AS: Quote , Profile , Research , Stock Buzz ) cut its outlook for its key express delivery unit on Thursday, citing a "recessionary trend" due to the credit crisis and sending its shares ...

European markets buoyed by banks - Chicago Sun-Times
LONDON---- European markets opened strongly Monday after solid gains in Asia, with financial stocks doing well on hopes that the crisis in the markets has abated amid signs banks may be less wary of lending to each other. Britain's FTSE 100 index of ...

Markets today: Asia stocks in another big nose-dive - USA Today
HONG KONG (AP) — European markets opened strongly Monday after solid gains in Asia, with financial stocks doing well on hopes that the crisis in the markets has abated amid signs banks may be less wary of lending to each other. Britain's FTSE 100 ...

European markets open strongly after gains in Asia - Forbes
European markets opened strongly Monday after solid gains in Asia, with financial stocks doing well on hopes that the crisis in the markets has abated amid signs banks may be less wary of lending to each other. Britain's FTSE 100 index of leading ...

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Today's Mortgage Terms starting with C

  • Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.
  • Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.
  • Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.
  • Collateral: Property pledged as security for a debt.
  • Conforming Loan: Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.
  • Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.
  • Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.
  • Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.
  • Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
  • Credit Bureau: It is a clearinghouse for credit history information.
  • Credit Report: A report containing a detailed credit history of an individual.

    View all Terms
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