Qualifying Ratios — A set of ratios that are used by lenders to approve borrowers for a mortgage. The borrower s front end ratio, which is the total housing expense compared to the borrower s gross monthly income, is compared to the borrower s back end ratio, which… … Investment dictionary
Qualification Ratio — Ratio of debt to income and housing expense to income that is used by mortgage lenders to determine a borrower s credit worthiness for certain loan amounts. Generally, a borrower s debt to income ratio, which includes housing expenses plus long… … Investment dictionary
Maximum Loan Amount — Describes the maximum amount that a borrower can borrow. The maximum loan amount is based on a combination of different factors involving the specific loan program, the value of the property that secures the loan and the borrower s qualifying… … Investment dictionary
Net capital rule — The uniform net capital rule is a rule created by the U.S. Securities and Exchange Commission ( SEC ) in 1975 to regulate directly the ability of broker dealers to meet their financial obligations to customers and other creditors.[1] Broker… … Wikipedia
NASCAR rules and regulations — The National Association for Stock Car Auto Racing (NASCAR) makes and enforces numerous rules and regulations that transcend all racing series. NASCAR issues a different rule book for each racing series; however, rule books are published… … Wikipedia
Dominion Bond Rating Service — DBRS is a credit rating agency headquartered in Toronto, Ontario. Founded in 1976 by its current owner and president, Walter Schroeder, it is the largest rating agency in Canada. It is one of ten Nationally Recognized Statistical Rating… … Wikipedia
education — /ej oo kay sheuhn/, n. 1. the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. 2. the act or process of… … Universalium
Ford Racing (video game) — Infobox VG title = Ford Racing developer = Empire Interactive/ 2K Games publisher = Take Two Interactive released = March 6, 2001 genre = Racing modes = Single player ratings = vgratings|ESRB=Everyone platforms =PlayStation, PC, Macintosh Ford… … Wikipedia
ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… … Encyclopedia of Judaism
PITI — In relation to a mortgage, PITI (pronounced like the word pity ) is an acronym for a mortgage payment that is the sum of monthly principal, interest, taxes, and insurance. That is, PITI is the sum of the monthly loan service (principal and… … Wikipedia