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From the monthly archives:
A type of fixed income security, a loan that is made to a company is known as a loan stock. Loan stock is a stock that is granted in exchange for a loan. The first kind of loan stock is unsecured loan stock, which basically means that no collateral is being offered by the company that is receiving the loan to…
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A guarantor is a name given to someone by whom it is pledged that a loan or other type of debt will be paid. Usually, a guarantor agrees that he or she will pay or perform another person’s debt or duty if that person fails to do so. Most commonly the term is used in reference to…
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The act of accumulating debt at an excessive rate with no way to repay it is referred to as Binge debt. In both the United States and Great Britain binge debt has become an epidemic. Though only few people realize the fact that binge debt is as detrimental to their financial health as binge eating and drinking is to their physical health, consumers continue…
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The Mortgage Fraud defines as when you dough or try to dough your Lender in any way that is called Mortgage Fraud. This could be done either by giving fake documents about property or obtain larger loan than the value of property.
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A legal document which is used to prove ownership of a piece of property is known as a title deed. Most commonly, title deeds are used by the people as evidence of ownership for homes and vehicles, although technically a deed of title could be issued for another form of property. A title deed in many regions of the world, confers…
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The United States Department of Veterans Affairs, which is known as the VA, offers a number of benefits to veterans and active duty members of the military, these benefits include…
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The Federal National Mortgage Association, which is commonly known as Fannie Mae, trades under the New York Stock Exchange ticker symbol FNMA. As a Government Sponsored Enterprise, or GSE,Fannie Mae was established in…
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On Wednesday data from an industry group showed that U.S. mortgage applications dipped last week as interest rates on 30-year loans rose above 5%.It has been said by the Mortgage Bankers Association that rates on 30-year fixed-rate mortgages, rose above…
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Leasehold is a term that has originated from the feudal agrarian society in the United Kingdom. In this society, peasants worked on the land that belonged to their lord. Modern leasehold is identical in a way that the property is owned by the freeholder, but for an established length of time the leaseholder is guaranteed possession of it by a…
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For October 13th, 2009 mortgage interest rates are up slightly. The conventional 30 year fixed mortgage rates has been seen at 5% while the 15 year fixed is at 4.48%. The 5/1 ARM has also raised up to 3.91%. If we look at a move above 5% with any strength we might find that…
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