Written by Mortgage notes are also known as private mortgages or hard money lending when personal money is used to purchase and financing a property. In return for doing this, you are going to receive principal monthly as well as interest payments until the note is paid in full. There are a few things to keep in mind when you are looking at buying mortgage note. READ MORE »
Posts tagged mortgages
Mortgage Bonds Booming
Residential mortgage bonds, the center of the financial crisis not long ago, are once again darlings of the financial market. READ MORE »
Hard Money Lending Booms in Tough Economy
Hard money lenders, where the downtrodden and desperate seek money are having a field day in the current tough economy, reaping huge profits from clients, most of whom are just trying to get by from day to day. READ MORE »
Financial reform bill another win for Obama, but will the public care?
Following the Recovery Act and health-care reform, the newly approved financial reform bill shows that President Obama is adept at getting his agenda through Congress. But the American public cares about one thing right now: the economy. READ MORE »
Seven more US banks collapse on day of Europe’s stress tests
Georgia’s Crescent Bank and Trust largest of seven to fail
Number of US failures now expected to exceed last year’s total READ MORE »