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higher-risk borrower

См. также в других словарях:

  • Risk-based pricing — is a methodology adopted by many lenders in the mortgage and financial services industries. The interest rate on a loan is determined not only by the time value of money, but also by the lender s estimate of the probability that the borrower will …   Wikipedia

  • Credit risk — Categories of financial risk Credit risk Concentration risk Market risk Interest rate risk Currency risk Equity risk Commodity risk Liquidity risk Refinancing risk …   Wikipedia

  • Credit Risk — The risk of loss of principal or loss of a financial reward stemming from a borrower s failure to repay a loan or otherwise meet a contractual obligation. Credit risk arises whenever a borrower is expecting to use future cash flows to pay a… …   Investment dictionary

  • Prepayment Risk — The risk associated with the early unscheduled return of principal on a fixed income security. Some fixed income securities, such as mortgage backed securities, have embedded call options which may be exercised by the issuer, or in the case of a… …   Investment dictionary

  • Subprime Borrower — A person who is considered a higher than normal credit risk. Subprime borrowers typically have a below average credit history and are penalized for their poor credit with higher interest rates. Subprime borrowers may qualify only for higher… …   Investment dictionary

  • default — to fail to meet an obligation when due, such as paying a debt. Glossary of Business Terms Failure to meet a margin call or to make or take delivery. The failure to perform on a futures contract as required by exchange rules. The CENTER ONLINE… …   Financial and business terms

  • Default — Failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bond indenture. The New York Times Financial Glossary * * * ▪ I. default de‧fault 1 [dɪˈfɒlt ǁ ˈfɒːlt] noun 1. by default… …   Financial and business terms

  • Adjustable-rate mortgage — A variable rate mortgage, adjustable rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit… …   Wikipedia

  • Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets …   Wikipedia

  • Mortgage underwriting in the United States — is the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable. Most of the risks and terms that underwriters consider fall under the three C’s of underwriting:… …   Wikipedia

  • Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …   Wikipedia

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