Debt-to-Worth Ratio
Ratio that measures the financial leverage of a company. This ratio is defined as total liabilities divided by net worth. Low debt-to-worth ratio spells minimal risk for both the lender and business owner.
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Federal Reserve takes steps against shady mortgages
WASHINGTON (AP) - The Federal Reserve has adopted new rules designed to protect homebuyers from dubious mortgage lending practices. Fed Chairman Ben Bernake (bur-NANG'-kee) says "unfair or deceptive ......
7/14/2008 6:41:24 PM
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