Do You Have a Simple Interest Mortgage?
Category: BUSINESS
This is a good time, therefore, for borrowers to make sure that their mortgage has not been converted into a SIM, and if it has, to develop a plan for protecting themselves. It isn't all that difficult once you know the drill.
By Jack M. Guttentag, ContributorProfessor of Finance Emeritus at the Wharton School of the Uni..., 2014-05-02