What does a conditional prepayment rate actually tell investors about mortgage backed securities? Here is how CPR works, how it is calculated, and why it shapes returns.
Ross Olson4 min read
Real property definition, in the simplest terms, refers to land and everything permanently attached to it, combined with the bundle of legal rights that come with owning that land. It…
Trevor Sanders2 min read
A chattel mortgage lets buyers finance movable property like manufactured homes or construction equipment, but with higher rates and fewer protections than a standard mortgage. Here's how it actually works.
Ross Olson5 min read
Floating interest rates rise and fall with market benchmarks like SOFR and the prime rate. Here's how they work on mortgages and credit cards, and how they stack up against…
Trevor Sanders6 min read