Asymmetric Digital Subscriber Line (ADSL).

ADSL is a type of digital subscriber line (DSL) technology, providing a connection to the Internet at speeds up to 25 Mbps. While most DSL technologies require a copper telephone line, ADSL uses the same twisted-pair cabling as regular telephone service. ADSL is asymmetric, meaning that it provides different speeds for upstream and downstream data. … Read more

Two Name Paper Definition.

A “two name paper” is a security that has two counter-parties who are responsible for its payment. The most common type of two name paper is a corporate bond, which is a loan that a company takes out from investors. The company is the borrower, and the investors are the lenders. Other types of two … Read more

How Does Foreclosure Work?

When a homeowner fails to make their mortgage payments, the lender may begin the foreclosure process. This is a legal process that allows the lender to take back the property and sell it in order to recoup the money that is owed on the mortgage. The foreclosure process can be lengthy and complicated, and it … Read more