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Mutual Fund Withdrawals a Record as Investors Flee

Mutual Fund Withdrawals a Record as Investors Flee

This is a discussion on Mutual Fund Withdrawals a Record as Investors Flee within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Oct. 9 (Bloomberg) — Investors pulled a record $52.1 billion from U.S.-managed stock and bond mutual funds in the past ...

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Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

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10-10-2008, 02:16 AM

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Mutual Fund Withdrawals a Record as Investors Flee

Oct. 9 (Bloomberg) — Investors pulled a record $52.1 billion from U.S.-managed stock and bond mutual funds in the past week, seeking the safety of government-insured bank deposits as the financial crisis worsened. Shareholders took $43.3 billion from stock funds and $8.8 billion from bond funds in the week ended Oct. 8, according to data [...]

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flee, fund, investors, mutual, record, withdrawals

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