Posts by Cary Grant

The terms withdrawal and disbursement have many meanings in the world of finance, although they are all different things. Withdrawals are typically associated with withdrawing funds from a retirement account, a bank…

A loan shark of last resort is used when credit is urgently needed and all other options have been exhausted. Banks typically turn to their lender of last resort when they…

What are residential mortgage-backed securities (RMBS)? Residential mortgage-backed securities (RMBS) are debt-based securities (similar to bonds) that are backed by interest on a home loan. Interest on loans such as mortgages,…

There is the possibility of transferring a mortgage to another person: we tell you how to do itThe transfer of a mortgage to another person is not only possible, but it is…