Ch-Ch-Ch-Changes Why You Might Want to Refinance Now! Posted By : Kristin Abouelata

Here is where things get really interesting. Agents will claim that you can trade $25 or whatever the HELOC interest charge for one month is for $28,000. Why does this go over people’s heads? (more…) Mortgage Accelerators Share This

The Difference Between “Innovation” and “Irresponsible Lending”

I was a student at Brigham Young University back in the late 1970s. [Do me a favor and don’t calculate how long that’s been.] I occasionally found myself in trouble over a provision in the dress code at the time- while men were allowed to wear jeans, women were not. However, "feminine cut slacks of denim material" were permissible for women. There was some debate as to the difference between the two categories, and enforcement was capricious and arbitrary. Unsurprisingly, BYU ended up changi

Merrill Lynch & Co. may get $5 Billion from Temasek Holdings Ltd

With the probability that things are going to get worse before they get better, along with the likelyhood there are billions more in write-downs facing them in the fourth quarter, Merrill Lynch (MER) is in negotitations with Temasek Holdings Pte. Ltd. - a sovereign wealth fund from Singapore - to receive a cash infusion of around $5 billion, said the online Wall Street Journal, citing someone close to the situation. Temasek had around $110 billion in assets at the beginning of April, has been