8 Universities With the Most Mega-Millionaire Alumni
Those with $100 million in assets — or more — often get their start in these schools.
Those with $100 million in assets — or more — often get their start in these schools.
The Ides of March⦠And college basketball time. Here in Kentucky (men #6 in the East, Louisville womenâs team #5) I overheard someone on the phone. âYesterday I saw a woman in Walmart with March Madness teeth. She was down to her final four.â March Madness is in full swing, whether it is hoops or bonds. Or bank stocks. Is this really a fundamental structural plunging of the United Statesâ financial system? Doubtful. Moodyâs came out with a warning about downgrading certain banks in the United States. It is not 2008. How much of this is psychology? Tweeting causing a run on deposits? Banks everywhere are looking at their liabilities (deposits, since they owe their depositors money) and assets (the money lent out using their depositorâs money, or securities owned. âLending long and borrowing shortâ works when banks can pay very little on their deposits (like checking accounts earning 0 percent) and take that money and earn 4 or 6 percent on securities. But when the deposit base becomes unstable, and a bank has to liquidate those securities at 80 or 90 cents on the dollar, it becomes a problem fast. (Much more below.) Todayâs podcast can be found here and this week is sponsored by Richey May, a recognized leader in providing specialized advisory, audit, tax, technology, and other services in the mortgage industry and in banking. Todayâs has an interview with Bank of England Mortgageâs Quinton Harris on the art and science of forecasting the housing, mortgage, and bond markets.
Contrary to popular opinion, you can make good money in customer service, and companies tend to promote from within. Here are 15 of the highest-paying jobs in consumer services.
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Qualifying for a home loan can be especially challenging if you donât have a regular paycheck. Even if you have a solid credit score, money in the bank, and low or no debt, you can still expect mortgage lenders to check on your income to be sure you can afford your loan payments. And you […]
The post Getting a Mortgage Without a Regular Income appeared first on SoFi.
Inside: This guide will help you identify the reasons why I don’t want to go to work, and provide tips on how…
Read More… 10 Overwhelming Reasons for I Don’t Want to Go to Work
Celebrity Home Loans faces class action from former workers | News Dodd Frank Update
The upshot: Higher interest rates are in the offing, he said. “Fed chair [Jerome] Powell communicated earlier this week that incoming data on the U.S. economy continues to show strength and that a higher level of interest rates, and potentially for a longer period of time, is likely needed to cool inflation,” the economist said … [Read more…]
SSDI benefits can be difficult to navigate. Read this now to understand how SSDI works, who qualifies, and how to apply.
COVID-19 made working from home the new normal in 2020, but just as much of white-collar America has not returned to the office five days a week, today’s home-lending industry workplace has a different look. Three years since the pandemic sent workers home, many of the Best Mortgage Companies to Work For have incorporated policy … [Read more…]
Wondering how much you’ll gain by investing in stocks? It helps to look at the average stock market return for the last 10, 20, and 30 years.
The post What Is the Average Stock Market Return? appeared first on SoFi.