Loan syndication

Similar to consortium financing The process of involving several different lenders in providing various portions of a loan.

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 mainly used in extremely large loan situations. syndication allows any one lender to provide a large loan

while maintaining a more prudent and manageable credit exposure . Under loan syndication , several banks (or financial institutions) finance a single borrower with common appraisal, common documentation, joint supervision and follow-up exercises, these banks have a common agreement between them, the process is some what similar to loan syndication.

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 Loan arranged by a banker

Called lead manager

Borrower large customer or government. Other banks who are willing to lend will join They form a syndicate

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Custodial services
A brokerage or other financial institution that holds

and manages a client's securities or other assets on his/her behalf. This reduces the risk of the client losing his/her assets or having them stolen. They are also available to the brokerage to sell at the client's demand. Like a bank, a custodian provides an investor a place to store assets with little risk. Brokerages normally require a fee for custodial services. See also: Safekeeping.
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Corporate advisory services

A range of consultancy services provided by Certified

Public Accountants (CPA) and other financial advisors to businesses and high net worth individuals who require specialized advice on capital formation, cash flow and wealthmanagement. Advisory clients pay fees based on services provided or as a percent of assets under management.

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 Corporate advisory firms play a crucial role in business

operations. The literal meaning of corporate advisory services in India is the activity of advising organizations, which include corporations, institutions and Government bodies about the transactions that can change the ownership of a company or business such as mergers and acquisitions.

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securitization
Securitization broadly implies every such process,

which converts a financial relation into a transaction. Converts a ill liquid, non negotiable and high value financial assets into securities of small value which are tradable and transferable. History of evolution of finance, and corporate law indicate where relations are converted into transactions. This earliest instance of securitisation was instrumental in the growth of the corporate form of business and separation of ownership and management of organizations is one of the greatest 5/4/2012 commercial inventions of this 19th century.

 Securitization is defined as the process whereby loans,

receivables and other financial assets are pooled together, with their cash flows or economic values redirected to support payments on related securities. These securities, some of which are referred to as assetbacked securities are issued and sold to investors principally, institutions in the public and private markets by or on behalf of issuers. The issuers use securitization to finance their business activities. The financial assets that support payments on asset-backed securities include residential and commercial mortgage loans, as well as a wide variety of non mortgage assets such as trade receivables, credit card balances, consumer loans, lease 5/4/2012 receivables, automobile loans, and other consumer and

Reverse mortgage
Definition: A special type of home equity loan for

persons 62 and older. Reverse mortgages allow owners to convert some of the equity in their homes to cash. The loan does not usually have to be repaid during the homeowner's lifetime. Loan advances are not taxable and do not affect the homeowner's Social Security or Medicare benefits.

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Meaning cont
A type of mortgage in which a homeowner can borrow money

against the value of his or her home. No repayment of the mortgage (principal or interest) is required until the borrower dies or the home is sold. After accounting for the initial mortgage amount, the rate at which interest accrues, the length of the loan and rate of home price appreciation, the transaction is structured so that the loan amount will not exceed the value of the home over the life of the loan. Often, the lender will require that there can be no other liens against the home. Any existing liens must be paid off with the proceeds of the reverse mortgage.

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