Getting ready to shop for a home? An important part of the home buying process is making an earnest money deposit, or “EMD.” Also known as a “good faith deposit,” earnest money is a lump ...

An earnest money deposit is separate from your mortgage, and it basically works as an advance payment of the down payment you have saved. According to Chase — a major bank that issues home loans — the ...

Torrent Group’s bank guarantees, submitted as earnest money deposit (EMD) for Reliance Capital (RCap)’s resolution process, are required to be released, while the petition pending before the ...