Financial Services

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?

A lawsuit has opened up against Pornhub and its parent company MindGeek. Some might be surprised to see that Visa is being sued too. Here's Visa's involvement explained

Zelle has rapidly grown to become the largest peer-to-peer payment system in the U.S. Who owns Zelle?

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

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.

Whereas a stock market correction has affected many top companies, MoneyGram hasn’t been one of them. Is the payment company publicly traded?

Who qualified for the HARP (Home Affordable Refinance Program). Is it possible to still apply to the HARP replacement programs for refinancing?

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

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.

Increased mobile adoption of Xoom’s mobile products led Latin America revenue, which rose 48% YoY. Gross sending volume increased 29% YoY.

Continued from Primer on mortgage backed securities, Part 4. Prepayment risk Prepayment risk and interest rate risk go hand-in-hand. The main difference between a mortgage backed security and a government bond is that with a government bond, you know exactly when you will get your principal and interest payments. If you purchase a 7-year Treasury […]

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 […]

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.

March 2016 corn futures prices were trading near the support level of 355 cents per bushel on March 3, 2016. Prices declined after two days of rising by 0.28%.

European stocks began the year with a lot of hope pinned on them for providing capital appreciation in the year.

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

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.

On the company’s conference call to analysts and investors, Annaly CEO Wellington Denahan addressed the current interest rate environment and where she saw the company heading in the future.

Soros sold its 1.20% position in Johnson & Johnson (JNJ) last quarter. Johnson & Johnson’s reported 37% increase in adjusted net earnings in 4Q was mainly driven by its pharmaceutical segment.