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Bridge loan
A bridge loan is a type of short-term loan in the financial industry. Bridge loans are typically taken out for a period of 2 weeks to 3 years in order to finance other projects. Uses for bridge loans include real estate purchases, retrieving real estate from foreclosure and business loans for operating ... : Bridge loanVeterans Administration Loans (VA)
VA loans are restricted to qualifying U.S. veterans for the purchase of a home with no down payment and lowered closing costs. ... : Veterans Administration Loans (VA)Bridge Loans
Bridge loans are used in real estate transactions to cover the down payment on a new home, when the borrower has equity in his old home, but not enough cash.It is generally a short term, interest only loan that is repaid when the homeowner sells his old house.... : Bridge LoansAIG Faces U.S. Criminal Probe
By Jonathan Stempel NEW YORK (Reuters) - The U.S. Justice Department has opened a criminal probe into whether American International Group Inc., the world's largest insurer by market value, helped a major banking client move bad loans off its books, AIG said on Wednesday. The insurer said it believes the investigation relates to a U.S. Securities and Exchange Commission probe into whether the company's AIG Financial Products Corp. unit helped PNC Financial Services Group Inc. cloak $76... : AIG Faces U.S. Criminal Probe
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