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Apparently they think this is a reasonable substitute for home equity lines of credit, since investors can no longer take equity out of their homes for cars, trips, and the like.
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This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business.
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This answer is for general informational purposes only and is not a substitute for professional legal advice.
FORBES: Q: Is writing specific instructions on the Internet on how to do an illegal activity protected under free speech?
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This is great for short-term community building but it is not a substitute for high quality education that includes lots of homework.
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Branding is the narrative for this change, not a substitute.
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The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.
ENGADGET: Google's Q4 2011 results: $2.71 billion profit, $8.13 billion in revenue, Wall Street disappointed
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At present this cushion against misfortune is provided by common equity, hence such contracts would become a partial substitute for equity.
ECONOMIST: The future of finance | The
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But all the campaigning techniques in the world are no substitute for a clear, unified national strategy and an unequivocal offer to the voters - this is who we are, and this is where we stand.
BBC: State of Play 2 - Plaid Cymru