Fiscal 12 months: An accounting several months layer twelve successive weeks. A good organizations fiscal seasons isn’t necessarily the same as the fresh new calendar year.
Government-backed business (GSE): An agency produced by Congress- not belonging to the government, like the Federal Mortgage Lender-to provide functions on the part of the federal government
Foreclosure: The whole process of getting fingers from an excellent mortgaged possessions once the good outcome of somebody’s failure to keep up mortgage payments.