Understand 60-Plus Delinquencies
"60-plus delinquencies" refers to a category of delinquent loans that are at least 60 days past due. This is a common measure of credit risk, as loans that are significantly…
"60-plus delinquencies" refers to a category of delinquent loans that are at least 60 days past due. This is a common measure of credit risk, as loans that are significantly…
A 2/28 Adjustable-Rate Mortgage (2/28 ARM) is a type of adjustable-rate mortgage (ARM) that has a fixed interest rate for the first two years of the loan, after which the…
A 529 plan is a type of savings plan that is designed to encourage saving for future education expenses, such as college or vocational school. The plan is named after…
The SEP and SARSEP accounts, also known as individual retirement accounts (IRAs) or individual retirement annuities, are governed by Section 408(k) of the Internal Revenue Code (IRC). This section outlines…
A 5/6 Hybrid Adjustable-Rate Mortgage (5/6 Hybrid ARM) is a type of mortgage that combines features of both fixed-rate and adjustable-rate mortgages. It typically begins with a fixed interest rate…
A 5/1 Hybrid Adjustable-Rate Mortgage (5/1 Hybrid ARM) is a type of home loan that combines the characteristics of a fixed-rate mortgage and an adjustable-rate mortgage (ARM). It offers a…
A 52-week high/low is a financial indicator that represents the highest and lowest prices of a stock over the past 52 weeks. It is commonly used by traders and investors…
The 500 shareholder threshold refers to the Securities and Exchange Commission (SEC) regulations that require a company to register with the SEC and file periodic reports if it has more…
A 51% attack is a type of attack on a blockchain network in which a single entity or group of entities controls more than 50% of the network's mining hash…
SEC Release IA-1092 is a memo issued in 1987 by the Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA) in response to the increasing number…