Tag Archives: Mortgage-backed security

$9.3B BofA Settlement

Posted on by

It’s been an expensive road to recovery for Bank of America as the company settles yet another multi-billion mortgage case. The nation’s second largest bank agreed to pay a whopping $9.3 billion to...

Tax Break Ending For Underwater Homeowners: Is It The Right Time?

Posted on by

Here’s a startling statistic: the number of homeowners who owe more on their mortgage than their home is worth is greater than the number of residents in most states. According to the latest report...
    






Housing Outlook 2014: 10 Predictions From The Experts

Posted on by

In 2013, the housing recovery was a welcome bright spot on the economic pages: prices were shooting up, fewer homeowners were underwater, and builder confidence was finally on the upswing. It’s...
    






Tranche Investing Will Kill Your Startup. Here’s Why.

Posted on by

The week before the Fourth of July holidays, and after five months of negotiations, I received the final term sheet for a capital injection of $750,000 into my business. The money was to come from a...