With an estimated $2.5 billion bankroll by the time this presidential election is said and done, you'd think pretty much every important issue would get its place in the sun. Well, as it turns out, you don't always get what you pay for.
Why does a billionaire like Mark Zuckerberg need a mortgage on his home? Why doesn't he just pay it off with cash? Well that, my friends, is indeed the million dollar question. The answer though lies in the fact that Mark ascribes to my definition of being debt-free.
The Beatles were right: money can't buy you love. But it can buy us a better world, which might explain why consumers are setting aside their own interests in favor of products and services that put others first.
When I graduated in 1975 I owed $10,000 in student loans. Repayment was deferred until I finished graduate school, and then I started making payments that lasted 10 years. It's the best investment I ever made.
Few get hired today after one interview with one person. There may be a seemingly endless series of one-on-one interviews. More daunting still is the group or committee interview where you walk in and face a boardroom full of strangers.
This proposal has invoked the threat of litigation by the American Securitization Forum and a warning by the Securities Industry and Financial Markets Association (SIFMA) that it could result in mortgage lenders boycotting the financing of homes in the county.