Kathe

Political Risk Insurance.

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Political risk insurance (PRI) is insurance that protects businesses from loss due to a variety of political risks, such as expropriation, confiscation, forced abandonment, and political violence. PRI is typically purchased by companies that invest in or do business in developing countries, where the risks are considered to be higher. The insurance can cover both … Read more

What Is a 2-1 Buydown?

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A 2-1 buydown is a type of mortgage financing where the interest rate is reduced for the first two years of the loan term. After the initial two-year period, the interest rate then increases to a higher rate for the remaining term of the loan. This type of financing is often used by homebuyers who … Read more