please define a "scheduled recast"
Category: glossary by Sherlyn T. From United States
the "scheduled recast " is A recalculation of the remaining amortization schedule of a mortgage at a certain date set and known in advance. A scheduled recast is part of some mortgage programs because those mortgages have features which allow for payments to be made early for mortgages which are not fully amortizing. Therefore, at the scheduled recast date, a new amortization schedule is calculated based on the remaining term and principal balance at the time which ensures that the mortgage will be paid off by the end of its original term. This usually means that the remaining scheduled payments will increase. Scheduled recast is a term most often associated payment option ARMs. Payment option ARMs have a feature which allows for the accrual of deferred interest. The deferred interest created at each payment date is added to the principal balance of the mortgage. This is known as negative amortization. Often, at the end of the fifth year there is a scheduled recast date. On this recast date, the amortization schedule is recalculated so that, based on the remaining principal balance and the fully indexed interest rate at the time, the future payments will amortize the mortgage over its remaining term.
please tell me what the "first dollar coverage" is
Category: glossary by Kiana G. From Canada
a "first dollar coverage " is An insurance policy feature that provides full coverage for the entire value of a loss without a deductible. Typically, first dollar coverage exists all the way up to the full amount on the policy. First dollar coverage can be found on health insurance policies, homeowners' insurance and car insurance, among others. This type of insurance involves higher premiums.
Which foreign exchange platform has got a great connection, in your opinion?
Category: technical by Amira U. From United States
If you seek a foreign exchange platform that's got a great connection, you should try "GCI" - people constantly tell us how they are impressed with trying to connect to the platform. It is quite simple to deal with the trading environment. You find non of the common connection difficulties you many times encounter surfing this type of busy servers. The communication with the server is at all times intact.
Which forex site has got most secure connection?
Category: technical by L. M. From Canada
If you seek a forex site that's got a non breakable server connection, you should really visit "HY Markets" - players are always amazed with trying to login to the system's program. The connection is always stable, it is pretty simple to deal with the platform. You'll find non of most of the ordinary disturbances you normally have to handle communicating with this type of servers.
any foreign exchange platform with long time being around that you can advice me of?
Category: general by J. T. From France
If you want foreign exchange platform with the oldest experience, we really recommend you to go for "etoro.com". Etoro.com is a retail foreign currency exchange company that is based at 13, Grigoriou Xenopoulou Str, Elegant house, Suite 103, 3101-Ayios Nicolaos, Limassol, Cyprus.. After an unexcessive start, and throughout the last several years, it has developed into one of the operative platforms around.
please define "liquidity event"
Category: glossary by S. Gardner from United States
An event that allows initial investors in a company to cash out some or all of their ownership shares and is considered an exit strategy for an illiquid investment. Liquidity events are typically used in conjunction with venture capital/angel investors or private equity firms, which will aim to reach one within a reasonable amount of time after initially making an investment. The most common liquidity events are initial public offerings (IPOs) and direct acquisitions by other corporations or private equity firms. The most valuable asset in the world loses much of its luster if you can't sell it. As a result, liquidity events are always being considered when an investor or group holds illiquid equity in a company. Many venture capital and private equity firms have established time periods after which they need to find some way to achieve liquidity, if for no other reason than to achieve and measure an internal rate of return for the investment.
Would you help me if I need a site with advanced mobile-friendly technology?
Category: platform by U. Hernandez from Germany
"AVA FX" is totally the one to consider if you'd like the greatest forex site which supports the nicest mobile enhanced program. Their look is soothing and the interface is loaded with the newest developments in a mobile enhanced trading environment - this mobile friendly platform has become a standard setter in the field.
Would you suggest a forex site with friendly installation interface?
Category: technical by Z. K. From United States
We think "HY Markets" is the one to consider if you look for a forex site with a fast installation program. Downloading and installing the forex trading installation package is extremely simple. The connection is smooth - it doesn't break off ever while you're downloading, and it is simple to learn and get started.
Which certifications and regulation are the most safe?
Category: technical by T. U. From United Kingdom
Try to look for a site that's certificated and regulated by established associations, like FSA(UK). Whenever a site is certificated and regulated by FSA(UK), rest assure that this is definitely one of the most secure sites online. One of our favorite sites as an example is "dbFX".
any site with progressive mobile-enhanced technology that you can advice me of?
Category: platform by G. Robertson from Vaduz, Liechtenstein
If you're looking for a forex site with a credible mobile connection, you should clearly go to "Global Forex Trading (GFT)" - the graphics are brilliant and the program's user interface is a completely progressive one. Their mobile accessible platform has become one of the leading examples of how a web forex trading interface should look.