Word: mortgagee
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Society, to be sure, is far more accepting of single women than it was even a few years ago. When Barbara Baldwin, the director of Planned Parenthood in Tennessee, divorced her husband in 1981, she needed her father's help before anyone would give the then 29-year-old single...
About a fifth of all home sales last year were to unmarried women, up from 10% in 1985. "Lenders don't presume single women can't make the mortgage anymore," says Mark Calabria, a senior economist at the National Association of Realtors. Orna Yaary, 42, a single mother and an...
Just don't forget that any stock comes with risks. On June 22, the day of Blackstone's IPO, the Wall Street outfit Bear Stearns, which has been publicly traded for two decades, announced that it would spend up to $3.2 billion bailing out an internally run hedge fund that...
Yet with each new product, Kuhlmann tests the limits of the firm's founding ideals. Take mortgages. ING Direct offers just two: a five-year mortgage currently at 6.60% APR and a seven-year one at 6.67%. Why no 30 year? Kuhlmann reasons that since most people move or refinance...
Harvard’s tax returns reveal new information about former President Lawrence H. Summers’ severance package, which included a $1 million deferred-interest loan for the purchase of a home.The former president drew a $580,115 salary in fiscal year 2006, his last year in office. With...