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Refinance > Negative Amortization
The following information is about Negative Amortization.
Negative Amortization Defined
Occurs when your monthly payments are not large enough to pay all the interest due on the loan. This unpaid interest is added to the unpaid balance of the loan. The danger of negative amortization is that the buyer ends up owing more than the original amount of the loan.
This definition is in context to Refinance. See more contextual defintions for Negative Amortization.
Environmental Tectonics Corporation Announces First Quarter Fiscal 2010 Results
Published July 2, 2009, 7:50 am, redOrbit
SOUTHAMPTON, Pa., July 2 /PRNewswire-FirstCall/ -- Environmental Tectonics Corporation (OTC Bulletin Board: ETCC) ("ETC" or the "Company") today announced financial results for the first quarter of fiscal 2010 which ended on May 29, 2009. Net Income The Company had net income of $770,000 or $0.06 per share (basic and diluted), during the first quarter of fiscal 2010 compared to a net loss of ...
Environmental Tectonics Corporation Announces First Quarter Fiscal 2010 Results
Published July 2, 2009, 4:30 am, PR Newswire via Yahoo! Finance
Environmental Tectonics Corporation today announced financial results for the first quarter of fiscal 2010 which ended on May 29, 2009.
Fitch Rates Idaho Housing and Finance Assoc's 2009 Series B Single-Family Bonds; Outlook Stable
Published July 1, 2009, 1:43 pm, Business Wire via Yahoo! Finance
NEW YORK----Fitch Ratings has assigned the following ratings to Idaho Housing and Finance Association's single-family mortgage bonds, 2009 series B:
First Federal Bank of California Nears $1 Billion in Home-Loan Modifications; Its Workout Success Rate Outpaces Banks ...
Published July 1, 2009, 7:00 am, Business Wire via Yahoo! Finance
LOS ANGELES----May figures show that First Federal Bank of California, a wholly owned subsidiary of FirstFed Financial Corp. , has now modified nearly $1 billion worth of home mortgages, enabling more than 2,000 California families to avert foreclosure.
EXFO Reports Third-Quarter Results for Fiscal 2009
Published June 30, 2009, 3:22 pm, redOrbit
- Sales reach US$43.6 million despite a challenging economic environment - Gross margin improves to 62.3%, equaling highest level since 2001 - Non-cash goodwill impairment charge of US$21.7 million and foreign exchange loss of US$4.7 million contribute to GAAP net loss of US$23.3 million - Implements cost-reduction plan providing US$6 million in annualized pre-tax savings QUEBEC CITY, June 30 ...
AeroGrow Reports Results for Fourth Quarter and Year Ending March 31, 2009
Published June 30, 2009, 2:33 pm, Marketwire
Revenue of $5.9 Million for the Quarter; Revenue of $37.4 Million for the Full Year; $7.6 Million Recapitalization Completed June 30, 2009
EXFO Reports Third-Quarter Results for Fiscal 2009
Published June 30, 2009, 1:11 pm, PR Newswire via Yahoo! Finance
Sales reach US$43.6 million despite a challenging economic environment
Fitch Downgrades TRW's IDR to 'B-'; Remains on Watch Negative
Published June 30, 2009, 10:43 am, Business Wire via Yahoo! Finance
NEW YORK----Fitch Ratings has downgraded TRW's ratings as follows:
Transcript: Dick Bove
Published June 29, 2009, 5:42 am, Forbes
Dick Bove is senior vice president of equity research at Rochdale Securities.
James Surowiecki: Caveat Mortgagor
Published June 28, 2009, 9:03 pm, The New Yorker
In 1937, the Massengill Company began selling a health product called Elixir Sulfanilamide, which contained one of the antibiotic sulfa drugs. Unfortunately, it also contained diethylene glycol, a solvent that happens to be deadly to humans. In a matter of months, the elixir killed more than a hundred consumers. The . . .
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Off-site Negative Amortization Links, User Submitted
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