Financial adviser
Recommend products and services that help individuals
plan their income and expenditure. There are two types:
Independent work on behalf of the client and can choose
from any product or service; Tied advisors work on behalf
of their company to recommend their products only.
Fixed rate loans
Fixed rate loans guarantee a specific rate of interest
for a set length of time.
Forbearance
A course of action a lender may pursue to delay foreclosure
or legal action against a delinquent borrower.
Foreclosure
The legal process that occurs when a buyer defaults
on a loan. The lending institution takes back the property
because of a lack of payments.
Forfeiture
The relinquishing of property rights by a delinquent borrower.
Fraudulent
Involving criminal deception or dishonesty.
