Veterans Administration (VA) mortgage


 

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Veterans Administration (VA) mortgage

A home mortgage loan granted by a lending institution to U.S. veterans and guaranteed by the Veterans Administration.



Veterans Administration (VA) mortgage

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Public Securities Administration (PSA)

Public Securities Administration (PSA)

The trade association for primary dealers in US government securities, including MBSs.


Letters of administration

Letters of administration

An order made by the court empowering the administrator to settle the affairs of a deceased person in accordance with his/her will where an executor has not been named or has predeceased (or fails to act for some other reason) and similarly when a person has died intestate that is, a deceased person who has failed to make a will.


Administration

Administration

A company which is in severe trouble, but still with some hope of recovery, may be put into the charge of a court-appointed administrator. Going into administration means the company cannot be wound up without the court's permission.


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