Warehouse Receipt.

A warehouse receipt is a document that proves that a certain amount of a commodity has been stored in a warehouse. This document can be used as a form of collateral in futures and commodities trading. What are commodities? A commodity is a physical good that is standardized across producers and can be traded on … Read more

Understanding Good Faith Estimates (GFE).

A Good Faith Estimate (GFE) is a standard form that lists basic information about the terms of your mortgage loan. The GFE includes the estimated costs of your loan, such as the closing costs, origination fees, and discount points. The GFE also discloses the projected interest rate, monthly payment, and principal and interest breakdown for … Read more