In the event that a borrower is having issues making mortgage payments on time, they may try to seek a mortgage forbearance agreement to delay the foreclosure process.
The mortgage forbearance agreement would specify the plan for resuming mortgage payments on time, and is designed to be a temporary solution to an unforeseen issue with the borrower (unemployment, health issues).
Option strategies are implemented by investment professionals to profit from the price movement of an underlying strategy
A ticker symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security
Open interest is a measurement of the outstanding open positions in a derivative security. Strong open interest means high liquidity
Dow Theory is probably the longest-standing analysis methodology still used in modern finance
The Random Walk Hypothesis states that in an efficient market, prices will correlate around the intrinsic value
The current ratio is a measure of a company’s liquidity, calculated by dividing current assets by current liabilities
Adaptive Price Zone is a volatility-based trading indicator. Similar to traditional Bollinger Bands
Budgeting is the act of planning accounts for the future. A cash budget plans out the expected cash flow of a business
Assessed value is used to determine the property taxes due on real estate. Assessed value is normally lower than appraisal
A living trust describes a trust designed to transfer assets to beneficiaries upon the death of the owner/grantor