Examlex
An organization's president is usually responsible for the overall performance of the firm.
Default Rates
The percentage of borrowers who fail to make required payments on their loans within a specified period.
Secondary Mortgage Market
The market where home loans and servicing rights are bought and sold between lenders and investors.
Financial Institution
An establishment that conducts financial transactions such as investments, loans, and deposits.
Household Debt/income Ratio
A measure comparing the debt level of a household to its income, indicating financial health and borrowing capacity.
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