The Moneyist: My mother is guarantor on my brother’s mortgage — using her home as collateral. What happens if she dies?
"If my brother can't pay his mortgage, our mother will have to pay it for him, or the bank will take her house, right?"
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A Federal Reserve liquidity facility is back in focus as stocks stumble and investors brace for an estimated $1.5 trillion borrowing need from the Treasury.
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The Moneyist: My mother guaranteed my brother’s mortgage — using her home as collateral. What happens if she needs long-term care or she dies?
"If my brother can't pay his mortgage, our mother will have to pay it for him, or the bank will take her house, right?"
The Moneyist: My ex-husband tried to secretly sell our rental home. He now suggests a 70-30 split as he paid maintenance for 20 years. Is that fair?
‘He has been renting the home out and taking all of the tax allowances all of this time.’
Market Extra: S&P 500 index enters a correction. Here’s what it means for future performance.
The S&P 500 index closed in correction territory on Friday, its 103th time in history.
Market Extra: A major source of liquidity for buying U.S. government debt is draining. Here’s why that’s bad news for the Fed and the markets.
A Federal Reserve liquidity facility is back in focus as stocks stumble and investors brace for an estimated $1.5 trillion borrowing need from the Treasury.
