Retail floorplan — Retail floor planning is a business that makes money by doing short term loans secured by collateral it loans for. The costs are usually very high, with interest rates of 28% 40%, as well as a fee to put inventory on the floorplan. Floor planning … Wikipedia
Lender of last resort — A lender of last resort (LOLR) is an institution willing to extend credit when no one else will.OriginOriginally the term referred to a reserve financial institution that secured other banks or eligible institutions, as a last resort; most often… … Wikipedia
First Bank of Nigeria — Infobox Company name = First Bank of Nigeria type = Public foundation = 1894, Re named 1979 location = Lagos key people = Umaru Mutallab, Chairman industry = Finance branches = 396 products = Financial Services revenue = 67 billion Nigerian Naira … Wikipedia
Short (finance) — Schematic representation of short selling in two steps. The short seller borrows shares and immediately sells them. He then waits, hoping for the stock price to decrease, when the seller can profit by purchasing the shares to return to the lender … Wikipedia
Countrywide Financial — Infobox Company company name = Countrywide Financial Corp. company type = Subsidiary of Bank of America foundation = 1969 location = Calabasas, CA, USA revenue = profit$6,061,437,000 USD (2007) operating income = loss$1,310,274,000 USD (2007) net … Wikipedia
Mortgage broker — A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products. However as markets for mortgages have become more… … Wikipedia
Bank of America Home Loans — Type Subsidiary of Bank of America Founded 1969 (Countrywide), February 2009 (Bank of America Home Loans) Headquarters Calabasas, CA, USA (Countrywide Financial) Cha … Wikipedia
Interest rate — Finance Financial markets Bond market … Wikipedia
Federal Reserve System — FRB and FED redirect here. For other uses, see FRB (disambiguation) and FED (disambiguation). Federal Reserve System … Wikipedia
Circuit City Stores — This article is about the defunct company that operated from 1949 to 2009. For the online retailer owned by Systemax, see CircuitCity.com. Circuit City Stores, Inc. The final 2001 2009 logo Former type Public … Wikipedia
