Explore: finance

Mortgages are a manufactured product (www.bitsaboutmoney.com)
Mortgages are popularly thought of as loans, but to understand the industry, it's better to model them as complex manufactured products.
Remembering The Old Ways : An Amish Chocolate Treat (rememberingtheoldways.blogspot.com)
Dear readers here is the much asked for recipe for the cookies I baked on Saturday & posted on Instagram. ~ Amish Chocolate...
Ban Prepayment Penalties 2: Banks Gambling on Real Estate | Rortybomb (rortybomb.wordpress.com)
The Economist does a great follow up on the posts for Friday, about thinking of subprime loans as also reflecting a collapse of prime mortgages. One surprising thing about subprime borrowers is that up until the mid 2000s most loans were used to refinance rather than purchase a new home. So many subprime borrowers initially...