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Safekeep

• For a fee, banks will safekeep (i.e., hold in their vault, clip coupons on, and present for payment at maturity) bonds and money market instruments.

• For a fee, bankers will hold in their vault, clip coupons on, and present for payment at maturity bonds and money market instruments.

 
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<< Safe harbor lease Safekeeping >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Weakness of attitude becomes weakness of character. - Albert Einstein

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