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Definition
| checking accounts/ payable on demand by holder |
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Term
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Definition
| a method for increasing a lender's yield |
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Term
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Definition
| the amount of interest the Federal Reserve charges to lend money to its eligible banks |
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Definition
| a disengagement process when depositors withdraw money from savings for direct investment in stocks money market funds and other securities |
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Term
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Definition
| the process whereby financial middlemen consolidate many small savings accounts belonging to individual depositors and invest those funds in large diversified projects |
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Term
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Definition
| the actions undertaken by the Fed to influence the availability and cost of money and credit |
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Definition
| an individual or company who makes loans with the expectation of reselling them to institutional lenders |
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Term
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Definition
| one who finds a lender for a potential borrower and vice versa |
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Term
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Definition
| and mortgage loan company that originates services and sells loans to investors |
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Term
| office of thrift supervision |
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Definition
| a branch of the U.S. Treasury Department that replaced the federal home loan board as regulatory of the thrift industry |
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Term
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Definition
| purchase and sale of U.S. Treasury and federal agency securities |
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Term
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Definition
| a source for the purchase of a mortgage loan by a borrower |
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Term
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Definition
| the amount of funds that an institution must hold in reserve against deposit liabilities |
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Term
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Definition
| a source for the purchase and sale of existing mortgages |
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