Category Archives: Bridge Loan

William D. Cohan’s New Book: House of Cards: A Tale of Hubris and Wretched Excess on Wall Street

Click here to see the book on Amazon.com. Bear Stearns and Lehman Brothers had huge investments in securities backed by home mortgages, a market with rising defaults and collapsing home values. Unlike banks, which loans out money it gets from … Continue reading

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What’s A Bridge Loan?

Julie Garton-Good writes in her 2008 book "All About Mortgages": A bridge loan is really an equity loan used for a specific purpose — usually to bridge the cash-flow gap from selling one property to purchase another. Ask yourself these … Continue reading

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