Banking: U.S.

Recent Answers

2013-05-18 Real Estate Home Mortgages - Interest mortgage relief:

James,    You may be eligible for the HARP mortgage relief program if you meet all of the following criteria:    The mortgage must be owned or guaranteed by Freddie Mac or Fannie Mae.  The mortgage must

2013-05-17 Financing -- Loans - Question about banks.....:

Banks hold considerable amounts of cash in "reserve" to accommodate such requests.    If you wanted to withdraw a large sum of money that exceeded the bank's on hand reserves, then they would simply contact

2013-05-15 Financing -- Loans - Company Wants My Invention:

At this point you will need to decide how much you trust this part company, and what percentage of your company you want to give up in return for the necessary upfront capital to get your business launched

2013-05-14 Commercial Real Estate Investment - office lease:

John:    Your question requires that a legal conclusion be crafted for which I am not qualified. However, as a practical business matter, I would want to know if the renewal period had already begun and

2013-05-13 Financing -- Loans - Re-Financing:

Hello again,    Those closing cost sound about right for a loan in NY, but you have to figure out how long it's going to take you to recover the closing cost by the monthly savings you are going to get