What Is Loan Grading? Loan grading is a classification system that involves assigning a quality score to a loan based on a borrower’s credit historyquality of the collateraland the likelihood of repayment of the principal and interest. A score can also be applied to a portfolio of loans. Loan grading is part of a lending…
As you probably know (if football matters to you at all), the French team will soon face the England team in the quarter-finals of the World Cup, and the objective is clear: typing English. It’s non-negotiable. But while waiting to see if we can make the roast beef their mother cry, here are some very…
What Is an Acceptor? An acceptor is the person (or bank) who is expected to pay a check or draft when it is presented for payment. Key Takeaways An acceptor is the person (or bank) who is expected to pay a check or draft when it is presented for payment. Depository institutions have capital requirements…
The world is divided into two categories of people: the carefree who enjoy life, and the heroes who make the world go round. The former do not deserve a top (even if we are one of them), while the latter are worthy of our love and all our respect. It is thanks to their daily…
While homebuilding stocks certainly haven’t escaped this week’s ferocious broad-based market sell-off, they remain one of the only industries still in the black this year – gaining 5% compared to the S&P 500’s manic 7.8% slide. With near record-low interest rates and a tight lab market setting a favorable backdrop, it’s easy to see why…
What Is a Consolidated Tax Return? A consolidated tax return is a corporate income tax return of an affiliated group of corporations, who elect to report their combined tax liability on a single return. The purpose of the tax return allows for corporations that run their business through many legal affiliates to be viewed as…
That’s it, life no longer has any meaning because you’ve exhausted all the Christmas movies on your list? We understand, but as Voltaire once said, “we must not panic because there is nothing more panicking than panic”. A wise man. To remedy your anxieties, we suggest you watch the first two seasons of the incredible…
When buying or selling a used car, many people rely on the Kelley Blue Book (KBB), which has been around since 1926. One sign of its popularity: Roughly 20 million unique visitors per month log on to the Kelley Blue Book website. Although automotive experts acknowledge that the Kelley Blue Book is one of the most popular…
What Is SEC Regulation D (Reg D)? Regulation D (Reg D) is a Securities and Exchange Commission (SEC) regulation governing private placement exemptions. It should not be confused with Federal Reserve Board Regulation Dwhich limits withdrawals from savings accounts. Reg D offerings are advantageous to private companies or entrepreneurs that meet the requirements because funding…