Yield Spread Premiums Revealed as Interest Rates Rise

Editor’s Note: This article might help you understand the workings of a yield spread premium. For every 1% difference in interest rate the “cost” of the loan to you goes up 19%. Now if you look at it from the point of view of the “lender” that means the “value” goes up by 19%. That [...]

How to Buy a Foreclosed House: It’s a business — it’s an opportunity— it’s a risk

The way the media tells it, there are million of bargains out there that will be the house of your dreams and will make you rich. If it seems too good to be true, that would because it IS too good to be true. As a backdrop to this discussion remember that there are over [...]

Bank Fee Disclosures Deficient — same as Mortgages

By Gail Liberman and Alan Lavine Last update: 7:33 p.m. EST March 5, 2008 PALM BEACH GARDENS, Fla. (MarketWatch) — Get out an extra-powerful magnifying glass if you’re trying to learn what fees you’ll be charged once you open a checking or savings account. A U.S. Government Accountability Office report released this week says getting [...]

Our Decaying Educational SYstem: An Answer from Cyberspace

Several pilots around the country involving tens of thousands of students point strongly to a solution for education that is fiscally possible and could catapult this nation back into the forefront of innovation and education. It also presents a major opportunity for local American businesses to get involved in their communities, expand their revenues, increase [...]

Borrowers/Investors Fight Back!—SubPrime Bailout Blowout

The big boys were all about stepping up to the plate to hand back some of their hard-earned (make that unearned) profits with a bailout fund. First it was $75 billion, then it was $100 billion, today it is $80 billion and going down because in the final analysis it is once again about smoke [...]