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"First to default" refers to a financial risk management concept where an investor holds a portfolio of credit instruments, such as bonds or loans, and the focus is on the likelihood that the first borrower in the portfolio will default on their obligations. This approach is often used in the context of credit derivatives and structured finance to assess the risk of default within a group of borrowers. The emphasis is on the initial default event, which can significantly impact the overall value of the investment.
What else can I help you with?
Does default means not pay?
Default means that you have not made the agreed-upon payments in full on time. You may be making partial payments (ie, paying $250 a month instead of $350 a month), but still be in default.
What does the term notice of default mean?
A notice of default is used to notify a borrower that they have defaulted on their debt. To default on a debt means to fail to repay it. So a notice of default reminds the borrower that he has not made a payment on his debt on time.
What is first preforeclosure or foreclosure?
Pre-Foreclosure is a term the banks use internally to track the property's status. Essentially, what it means is that the home has already gone into default and a Notice of Default has been recorded. Pre-foreclosure is the time between the NOD filing and the Filing of the Notice of Trustee Sale.
In case of default, is the second mortgage lender paid before the first mortgage is satisfied?
In case of default, the first mortgage lender is paid before the second mortgage lender is satisfied.
Is it illegal to not pay your mortgage?
No its not illegal but you will default if you don't pay and that means you'll lose your house and get bad credit.
What is defult?
Default basically means the first choice
What is a defult?
Default basically means the first choice
Is there a single word which means 'by default'?
According to dictionary.com, there does not appear to be a single word that means "by default".
What does default mean in financial terms?
It means that the borrower did not pay as promised. It means you are in default on the loan.
What is the meaning of the word default?
It means if you had a loan payment and you missed the payment. That means your loan is in default. It also means an accepted outcome, i. e. "The default setting for my computer's firewall is medium."
What is the name of the default site link that is created when Active Directory is first installed?
The default link name is Default first site
What is this defaults word that often appear in computers and printers?
To use the 'default setting' means to use what it was set to when you first got it.
In UNIX what is default output device?
No vaselating' what the default output device means is newtral...
What does default mean in DS?
Default means original whatever conifguration it changes to its original settings.
Does default means not pay?
Default means that you have not made the agreed-upon payments in full on time. You may be making partial payments (ie, paying $250 a month instead of $350 a month), but still be in default.
Does default means does not pay?
Default means that you have not made the agreed-upon payments in full on time. You may be making partial payments (ie, paying $250 a month instead of $350 a month), but still be in default.
What is the default page?
The default home page of a browser is the first page. It is the link which opens up first when loaded.
