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Alta Andalucía
Alta or ALTA may refer to: Acronyms * Alt-A, short for Alternative A-paper, is a type of U.S. mortgage * American Land Title Association, a national trade association representing the land title industry * American Literary Translators Association, an association of literary translators in the US * Amur leopard#ALTA, Amur Leopard and Tiger Alliance or ALTA, an initiative to conserve the Amur leopard and Amur tiger * Atlanta Lawn Tennis Association * Australasian Language Technology Association * Accelerated life testing or Accelerated life testing analysis Places Canada * Alta Creek, the official name of the River of Golden Dreams, in Whistler, British Columbia * Alta Lake (British Columbia), a lake in Whistler, British Columbia * Alta Lake, British Columbia, a community now part of Whistler, British Columbia * Mont Alta, a hill in the Laurentides zone of the Laurentian Mountains of Quebec, that is the basis of the Ski Mont Alta ski hill; see List of former ski areas of Quebec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alt-A
An Alt-A mortgage, short for Alternative A-paper, is a type of U.S. mortgage that, for various reasons, is considered riskier than A-paper, or "prime", and less risky than "subprime," the riskiest category. For these reasons, as well as in some cases their size, Alt-A loans are not eligible for purchase by Fannie Mae or Freddie Mac. Alt-A interest rates, which are determined by credit risk, therefore tend to be between those of prime and subprime home loans, although there is no single accepted definition of Alt-A. Typically Alt-A mortgages are characterized by borrowers with less than full documentation, average credit scores, higher loan-to-values, and more investment properties and secondary homes. A-minus is related to Alt-A, with some lenders categorizing them the same, but A-minus is traditionally defined as mortgage borrowers with a FICO score of below 680 while Alt-A is traditionally defined as loans lacking full documentation. Alt-A mortgages may have excellent credit bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |