InvestorWords.com - Online Investing Glossary
Home
Tips
Answers
Videos
Browse by Subject
Term of the Day
payment power
payment option ARM minimum payment
payment rate
Definition
A
Fannie Mae
program
that
permits
a
borrower
to miss a
maximum
of two
mortgage payments
during a 12-month
period
, and
up to
a maximum of ten skipped
payments
during the
loan's
life
.
Recommended Articles from InvestorGuide.com
Inflation, Interest Rates and the Fed
Cash Flow Statements Explained
FAFSA Guide
"Leap" Options
Refinancing Your House and Reverse Mortgages
What Is a Capital Gain and What Does It Mean For My Taxes?
Related Videos
Featured Advertiser
Nearby Terms
payment for orde...
payment holiday
payment in kind
payment option A...
payment option A...
payment power
payment rate
payment shock
payment terms
payment-in-kind ...
payoff
Tools
Email
Print
Cite
Link
Copy and paste this HTML in your website to link to this page
Popular 'Lending & Credit' Terms
equity
triple net lease
leverage
interest rate
amortization
security
accounts receivable
quick ratio
financial leverage
accounts payable
Browse by Letter:
#
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
