It is now believed that Munch was inspired by a mummy that he had seen at an exhibition in Paris. The artist used the mummy as a way to recreate the feelings of fear and dread that he felt when the sky turned red.
Underwriting Fee. The compensation that an underwriter receives for placing a new issue with investors. It is calculated as a discount from the price of the new issue. For example, an issuer may sell the underwriter a bond at $990 per bond. The underwriter will then place the issue at $1,000, allowing it to make a $10 profit. This profit is the underwriting fee. It is also called a concession.
My son just turned down for a home loan in underwriting - he went thru the correct process mentioned above - a pre approval letter was sent in with the contract on the house - the process went past the closing date agreed upon and extensions kept being sent to the seller but he is being charged $100.00 per day for each day past the closing date, 5 days after closing date he is denied becasue of not having enough credit history.