Posted on March 31st, 2008 by moneyvsdebt
Federal regulators have eased the lenders’ capital surplus requirements, to inject some much-needed money into the mortgage market
Another stone fell into place in the federal government’s plan to build a path to credit market recovery. On Mar. 19, the Office of Federal Housing Enterprise Oversight, or OFHEO, said it was reducing the amount of capital [...]
Filed under: Ben Bernanke, Finance, Financial News, Investing, Mortgage Information, Real Estate, Real Estate Investing, Stocks, credit scores, federal reserve, housing crisis | No Comments »
Posted on March 16th, 2008 by moneyvsdebt
Treasuries rose, driving yields on two-year notes down to 1.30 percent, as investors sought the relative safety of government debt after JPMorgan Chase & Co. agreed to bail out Bear Stearns Cos.
Traders began betting the Federal Reserve will cut its target for overnight loans by 1 percentage point tomorrow to keep losses [...]
Filed under: Ben Bernanke, Easy Money, Finance, Financial News, Global Economy, Investing, Money Saving Ideas, Mortgage Information, Stocks, credit secrets, federal reserve, gold vs dollar, housing crisis, politics | No Comments »
Posted on March 14th, 2008 by moneyvsdebt
Payment Protection Insurance (PPI) is a type of insurance that provides an income to maintain a borrower’s debt repayments in the event of an accident or sickness that prevents them from working, or unemployment.
PPI policies are obtainable to protect most forms of personal debt, including personal loans, mortgages, and credit card repayments. Insurance coverage is [...]
Filed under: Finance, Financial News, Mortgage Information, Product Reviews, Real Estate, a product review | No Comments »
Posted on March 14th, 2008 by moneyvsdebt
Even the backing of the New York Federal Reserve and JPMorgan Chase can’t keep hedge funds from fleeing Bear Stearns’ once-vaunted brokerage division.
Some hedge funds that have regularly traded with Bear over the years say they are shifting to other prime brokers, fearing they won’t be able to get their cash [...]
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Posted on March 14th, 2008 by moneyvsdebt
A fixed rate mortgage (FRM) is a mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust or “float.” Other forms of mortgage loan include interest only mortgage, graduated payment mortgage, adjustable rate mortgage, negative amortization mortgage, [...]
Filed under: Business Ideas, Easy Money, Entrepreneurial, Finance, Financial News, Money Saving Ideas, Mortgage Information, Product Reviews, Real Estate, Real Estate Investing, SEO, a product review, housing crisis | No Comments »