• Is the Loan-to-Value statistic. It is the percentage that a creditor is prepared to lend against an asset such as real estate. For example, an LTV of 70 (percent) would mean that $70,000 could be borrowed against $100,000 of acceptable collateral.

 Embedded terms in definition
Real estate

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Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

Great spirits have always found violent opposition from mediocrities. The latter cannot understand it when a man does not thoughtlessly submit to hereditary prejudices but honestly and courageously uses his intelligence. - Albert Einstein


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