Financial Services

Financial agility has become the difference between firms that lead and those that quietly fade.

Checks are being mailed to taxpayers eligible to receive restitution in a $141 million TurboTax settlement. Are you a possible recipient? Find out!

If you've got a drawer full of tax records and documents and want to start shredding, you may wonder how long should you keep financial documents.

Different types of financial planners can help you reach your financial goals. We've researched the types of financial planners so you don't have to.

As Buy Now, Pay Later becomes an increasingly popular payment option and Apple introduces their own BNPL, many wonder what is Apple Pay Later?

Consumer finance services are becoming more in demand. What are the best-paying jobs in the sector?

Ernst & Young has been fined $100 million fine by the SEC for a cheating scandal. Here are the details.

Although PayPal supports crypto, the number of cryptos on the website remains limited for now. What crypto does PayPal support and will the offerings expand?.

Former Wells Fargo employees have alleged the bank conducted fake interviews for posts that were already filled.

Scammers have found a new loophole in PayPal's system where they can wipe out bank accounts. How does the PayPal prenote scam work?

Robinhood CEO Vlad Tenev has announced the company is letting go of about 9 percent of staff. Why has the online brokerage laid off employees?

eToro and Robinhood have become among the most popular trading apps. Which is the best for trading stocks and cryptocurrency?

How you file Robinhood taxes on TurboTax depends on whether you’re uploading securities or crypto 1099 forms.

Fannie Mae, along with Freddie Mac, provides financing for mortgage lenders. It follows federal regulations and limits for loans determined by average home prices.

According to the latest report from Kantar Worldpanel ComTech, Apple’s (AAPL) iPhone 5S and iPhone 5C continued to lead the British smartphone market in May.

In November, RCS Capital terminated a $700 million deal to acquire Cole Capital from ARCP.

China’s Leading Economic Index currently indicates that the country’s economy is facing a downturn. Its LEI remained unchanged at 98.71 points in July 2015.

Mortgage-backed securities are the starting point for all mortgage market pricing and the investment of choice for mortgage REITs When the Federal Reserve talks about buying mortgage-backed securities, it’s referring to the To-Be-Announced (also know as the TBA) market. The TBA market allows loan originators to take individual loans and turn them into a homogeneous product […]

Big agency REITs like Annaly (NLY) and American Capital Agency (AGNC) took the chance to deleverage their balance sheets after the warning in the spring of 2013.

Mortgage servicing rights are one of the few financial assets that increase in value as rates rise Most mortgage REITs are exposed to changes in interest rates, and are usually long-duration, which means that the value of their portfolio decreases in value as interest rates rise. Good examples of these types of REITs would be […]

The Fidelity China Region Fund Class C (FHKCX) aims to achieve long-term capital growth.

What are mortgage backed securities? Mortgage backed securities are pools of individual mortgages that have similar characteristics. They allow a relatively illiquid asset (an individual home mortgage) to be converted into a very liquid asset that can be traded with relative ease. They also allow an issuer to divide up the cash flows in order […]

Risks of being a servicer Generally, servicing seems like an easy job. Collect the payment, give the government its take, pass the (smaller) payment to the bondholders, and keep the rest. What could go wrong? There’s just one catch. What happens if you miss your mortgage payment? The U.S. government guarantees Ginnie Mae securities. When […]

Liberty Media Corporation owns interests in a range of communications and entertainment businesses. Recently, the company completed the previously announced spin-off of its cable business, Liberty Broadband.

The U.S. government is Lockheed Martin’s (LMT) major customer. With almost 82% of its revenues from the U.S. government, LMT highly depends on the government.

Samsung attributed its success in the smartphone industry to its own marketing efforts and denied copying Apple’s design.

South Korea’s monetary policy committee kept the benchmark interest rate unchanged at a record low of 1.3%—in line with expectations.

Home prices in the Pacific and Mountain states have outperformed prices in the rest of the country over the past two years.

The AB International Growth Fund’s assets were spread across 57 holdings in May 2016, and it was managing $334.2 million in assets.

The American Funds EuroPacific Growth Fund (AEPGX) has been in existence since April 1984.

Among the BRICS, the most concerning at this point in time is China. The world’s second largest economy is slowing down and undergoing a structural shift.

PLVVX holds fixed income securities in both long and short positions. The fund also holds derivative forward, future, and swap agreements on government securities, indexes, and currencies.

On October 6, 2015, CBOT (Chicago Board of Trade) December expiry of corn futures contracts rose, breaking the resistance level.

Due to recent stock market turbulence in China’s stock market, the SSE (Shanghai Stock Exchange) Composite Index was down 22.7% month-over-month and ended at 3,200.23 points on September 11.

Informed investors can profit from businesses that have filed for bankruptcy. A chapter 11 bankruptcy gives a company a second chance to revive its business.

In the one-month period ended August 4, 2015, each of the four funds we’re covering in this series posted negative returns due to the stock market crash that spread from the end of June until July.

The Affordable Care Act requires health insurers spend at least 80% of premiums on health expenses for small group plans and 85% for large group plans.