Mortgages

What Is a Home loan?

What Is a Home loan?

A mortgage is a loan given by banks (or other financial institutions) to those who plan to purchase a home. There are many types of mortgage loans available, depending on your financial health and how long you want to pay the loan back. The amount you’re allowed to borrow — as well as the interest…

Securitization platform Cadence exceeds $125M offer volume and raises $4M

Securitization platform Cadence exceeds $125M offer volume and raises $4M

Attracting online business customers concept. Vector of a businessman with magnet attracting people and money on social media platformSecuritization is a critical function of the modern financial system. Banks “package” individual loans, say a mortgage or an auto loan, into a group with similar characteristics and sell them to other investors. That gets the debt…