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That's great news for those with substantial financial assets.
He also noted that she had substantial financial assets, including a New York apartment worth about $1 million.
A change in Freddie Mac's rules could help retiring baby boomers, and other home buyers with limited incomes but substantial financial assets, qualify for low-rate conventional mortgages.
Ms. Pritzker, a longtime Chicago donor and fund-raiser for Mr. Obama, had been expected to be his pick for the long-vacant Commerce Department post, but vetting of her substantial financial assets and ties delayed a formal announcement, administration aides have said.
This group included people who had never had substantial financial assets, but also home-owners from the south who were already paying mortgages for their abandoned homes (some people are still repaying loans on empty dwellings today).
We use our measure of wealth because in the settings of the study some households have substantial financial assets that are only known to them while others do not hold financial assets but hold physical assets instead.
Similar(54)
A new era of law and order could produce a substantial revaluation of Russian financial assets.
These advisers breached their fiduciary duty by allowing their clients to invest such a substantial portion of their financial assets into one product.
In contrast, households in the upper wealth quartiles primarily experienced substantial losses in both real and financial asset values, with immigrant households in this group suffering, in addition, from reductions in home ownership.
Immigrant preference for real assets over financial assets has also been observed in Australia by Cobb-Clark and Hildebrand (2009).
As such, it appears as if immigrants have a preference for real assets over financial assets.3.3
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com