EDU Articles
Learn about investing, trading, retirement, banking, personal finance and more.
What is a Jumbo Loan?
A jumbo loan is a mortgage loan that exceeds the conforming loan limits set by the Office of Federal Enterprise Housing Oversight.
For borrowers with low debt to income ratios and good credit scores, jumbo loans are often utilized for purchases of larger or luxury homes. Often times jumbo loans are too large in size to be guaranteed by Fannie Mae and Freddie Mac, and are securitized in other ways.
What is delta hedging?
Delta hedging is bringing the delta of a portfolio to zero, or closer to it, by purchasing financial instruments like options
What Is Market Capitalization?
Market capitalization is a measure of a company’s size, in terms of the value of its total outstanding shares
What is the Income of the Average American?
The median household income in the United States is $52,029. In California, the average was at $61,017
What are foreign deposits?
Foreign deposits are taken in by international branch locations of US-based banking institutions
What is a currency forward?
Forward contracts allow an investor to lock in a price by agreeing to exchange a set amount of one currency for another
What is a Takeover?
A takeover is an acquisition done through the procurement of enough equity interest to govern a company from the B of D
What is Earnings Momentum?
Earnings momentum is an indicator that is computed by not just looking at the earnings performance and estimations of...
What is Form 1040-X?
Form 1040-X is the amendment form used to change previously submitted information from the 1040, 1040-A, or 1040-EZ
What is Form 4563: Exclusion of Income for Bona-Fide Residents of American Samoa?
Residents of US Territories will sometimes have to file their taxes with their resident territory as well as the US...
What is IRS Publication 505, Tax Withholding and Estimated Tax?
Publication 505 serves as a guide to make sure all goes smoothly for people and their withholding requirements