Category Bc Foreclosures Real Estate

Canadian Foreclosures | Find Profitable Real Estate

When a bond is purchased interest (except for zero coupon bonds) and principle are paid. Most bonds insured by a third party a financial guaranty firm (monoline insurer) against any default. “Insured bonds have a higher credit ratings (A credit rating evaluates the credit worthiness of the underlying security or bond to pay back the loan to the lender, based upon the financial history, current assets and liabilities. “A poor credit rating indicates a high risk of defaulting on a loan, and thus leads to high interest rates.” Contrarily, the price of the bond will be lower, compared to a higher credit rating bond priced higher. 1) than bonds that are uninsured.” Among the largest financial guaranty firms: Ambac Financial Group, ACA Financial Guaranty Corporation and MBIA...

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