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Credit Scores: How Much Debt Is Too Much?
December 6, 2004 How Does Debt Affect FICO Score? "When I ordered my FICO score, one of the reasons given for my low score was that ?The amount owed on your accounts is too high.? Since I own marketable securities that are worth twice as much as all my debts combined, ... more...

Stated Income Loans: Lie to Get a Better Rate?
June 20, 2005 Stated income loans are also called ?liars loans?, because in some cases, the rules virtually invite the borrower to lie. The case below is a great illustration. ?My husband makes $7,000 a month but has a credit score of 503. I make $1250 and have a score ... more...

fixed income securities related definitions

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more...

Mortgage Baked Securities, MBS
Mortgage Baked Securities, MBS Mortgage-backed securities (MBS) are bond or other financial obligation secured by a pool of mortgage loans. Mortgage loans are purchased from banks, mortgage companies, and other originators and then assembled into pools by purchasing entity. ... more...

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Get Free fixed income securities Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

How to Sell Bonds
If you want to make good money with banks, or any institution, Government and agency bonds are where it is at. Simply because all Government bonds and agencies are AAA rated, and banks can buy millions of dollars of any bond without incurring any credit risk.All banks own bonds of some sort, and ... more...

Insurance Glossary of Terms
Assured - Those insured under the terms of an insurance policy.Benefit - The money paid to the policyholder when a claim is made.Bid Price - The selling price or cash-in value of your unit holdings.Bonus - Relates to a with-profits policy. The amount of money added to the benefit payable under the ... more...

Is My Money Safe? On The Soundness Of Our Banks
Banks are institutions wherein miracles happen regularly. We rarely entrust our money to anyone but ourselves and our banks. Despite a very chequered history of mismanagement, corruption, false promises and representations, delusions and behavioural inconsistency banks still succeed to motivate ... more...

The Convertible Craze Brightens The Future Of Equities
Convertibles are stealing the show with their safe investment image in todays protective market. They seem to be overshadowing the stocks and bonds, and this holds true for the mediocre issuers.A convertible bond, as the name suggests, can be converted into a company's common stock. The bonds are a ... more...

Do Your Homework - Find the Mortgage That Fits Your Lifestyle and Your Budget
You've been looking at houses for months, and finally youve found it--the house that's just right. So now, all you have to do is to purchase your new home, move in, and get settled, right? Not quite. Theres one more big step to go-getting a mortgage loan. Youre going to want to decide on the type ... more...

Get the Mortgage Quote Your Bank Doesn't Want You to See
Deciding to consider refinancing of mortgage for home loan is a major determination. Next key issue involved is to find ways to get profitable quotes for mortgage from banks. A thorough research of prevailing market rates is essential to obtain competitive quote from mortgage firms. Being familiar ... more...

5 Ways To Protect Your Bond Portfolio From Rising Interest Rates
The Federal Reserve recently raised its target federal funds rate for the first time since March 2000. This could be just the tip of the iceberg, though, as many experts believe rising inflation and a strengthening economy will spur continued rate hikes for the foreseeable future.This is bad news ... more...

The Sources Of Income Taxable Under Central Excise Duties
Electronic access to professional adviceThere are various categories of professions which perform their consultancy like a consultant, lawyer, doctor or other professional service provider advises customers through email, chat rooms, video conferencing, or other remote means of communication. These ... more...

Saving Money By Spending Wisely
Why is it that the older and richer people become, the more conservative they are with their money? Have you ever done or know someone who has made an investment that promised a 10% interest or profit per month? Everyone wants to make above average profits. It is amazing how many people will send ... more...

Insurance Glossary
Assured - Those insured under the terms of an insurance policy.Benefit - The money paid to the policyholder when a claim is made.Bid Price - The selling price or cash-in value of your unit holdings.Bonus - Relates to a with-profits policy. The amount of money added to the benefit payable under the ... more...

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