Vilma Credit Scores, Interest Rates. What is a Subprime Mortgage? A subprime mortgage is a type of mortgage loan that is typically offered to borrowers with poor credit scores. Interest rates on subprime mortgages are usually higher than those on regular mortgages, and borrowers may be required to make a larger down payment. Is FHA a … Read more
An active share study is a research project that investigates the percentage of a mutual fund’s holdings that differ from the holdings of its benchmark index. The study is important because it can help investors understand how much of a fund’s performance is due to the fund manager’s stock picking ability, and how much is … Read more
The Lesotho Loti is the official currency of the Kingdom of Lesotho. It is subdivided into 100 subunits, known as sene. The Lesotho Loti is pegged to the South African Rand, and is accepted as legal tender in South Africa. What is so unique about Lesotho? Lesotho is a landlocked country in southern Africa. It … Read more
The risk-neutral probabilities definition is a mathematical model that calculates the probability of an event occurring, without taking into account the inherent risk involved. This means that the probability is calculated as if there was no risk involved in the event occurring. This definition is often used in financial models, where the goal is to … Read more
