Business / Agriculture / Farm Credit System Insurance Corporation (FCSIC): An entity of the Farm Credit System (FCS), established by law in 1987, to insure the timely repayment of principal and interest on FCS debt securities.
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Credit Verb Synonyms: ascribe, acknowledge, attribute, assign, impute
Credit Noun Synonyms: belief, faith, trust, credence
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Farm Interjectionection Synonyms: farmstead, farmhouse, grange, homestead, holding, land, farmland, acreage, arable, steading, smallholding, allotment, farm-toun, croft
Farm Noun Synonyms: cultivate, work the land, till the soil
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Insurance Verb Synonyms: assurance, surety, indemnity, indemnification, guarantee or guaranty, warranty, bond, security, protection, cover
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System Adjective Synonyms: organized whole, organization, set, group, combination, structure, arrangement, pattern, set-up
System Noun Synonyms: scheme, method, approach, modus operandi, way, procedure, methodology, technique, plan, process, practice, routine
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Business / Real Estate / Mortgage Insurance Premiums (MIP): Most FHA loans require the borrower to pay two mortgage insurance premiums: one upfront paid at closing, the second is an annual premium based on the loan balance each year. MORE
Business / Finance / Mortgage Life Insurance: A life insurance policy that pays off the remaining balance of the insured person's mortgage at death. MORE
Business / Finance / Mortgage-Backed Securities Clearing Corporation (MBSCC): A wholly owned subsidiary of the Midwest Stock Exchange that operates a clearing service for the comparison, netting, and margining of agency-guaranteed MBS transacted for forward delivery. MORE
Business / Loan / Mortgage Insurance (PMI Or MI): Insurance that may be required when a loan is greater than 80% of the value of the home. This insurance protects the lender in the event a borrower fails to make his or her loan payments. The borrower MORE
Business / Real Estate / Mortgage Insurance: A kind of insurance policy that will pay off the mortgage balance in the event of death, and in some policies, disability. Premiums are paid with the regular monthly mortgage payment. MORE
Science / Genetics / Molecular Farming: The development of transgenic animals to produce human proteins for medical use. MORE