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Tip of the Day Investigate Different Types of Mortgages

Investigate Different Types of Mortgages - Before purchasing a new home, after you have enough in the bank to make your 20% down payment, spend some time investigating who is...

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Mutilated Security


Mutilated Security - Mutilated Security is a damaged security that prevents a person from identifying the original issuer of the security or other necessary identifying information. If a seller is seeking to transfer the mutilated security, certain steps will have to ensure the buyer that the security is able to transfer and that all rights associated with the security transfer after the sale despite being able to identify the original issuer. The certificate name of the issue, the issuer, or some other identifying detail is unreadable. A stock or bond certificate that because of irreparable damage is unable to transfer to the owner.

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Mutilated Security is a damaged security that prevents a person from identifying the original issuer of the security or other necessary identifying information.

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Definition of the Day Sell Side

Definition: The sell-side of Wall Street are the investment banks and brokers.  They produce research that is then disseminated to their clients.Advice: Sell-side research is burdened by conflicts of interest and  you should take it with a grain of salt.      ...

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