From the Glossary: The Cross-Default Loan Provision
Cross-default: a provision in a loan document that puts the borrower into default if he or she defaults on another… Continue reading
November 2, 2009
Purchasing a foreclosure property? Consider the impact of possible liens.
The Washington Post has an excellent answer to a reader question in its “Real Estate Matters” section. The reader is… Continue reading
November 2, 2009
IRS launches new tax squad to study the wealthy
Smart Money reports that the IRS has created a new team of investigators to examine the financial strategies of wealthy… Continue reading
October 28, 2009