Many individuals are worried about an AI-dominated future due to AI's stratospheric growth in public consciousness. Will AI change industries? Does it democratize or solidify them? Will it improve or worsen outcomes? Finance has been...
Since March of last year, the Federal Reserve has raised interest rates 11 times, which has had a significant impact on consumers who need to borrow money. Borrowing costs are at their highest in more...
If you’re a parent, worrying about how to pay for college begins as soon as your child is born. What kind of savings account should you open? How much can you afford to set aside...
The Biden administration has just disclosed additional information about a student loan forgiveness proposal that is currently in the works. The new endeavor is intended to replace the student debt relief program that was overturned by...
It's that time of year when the country's largest banks submit their quarterly financial results – J.P. Morgan Chase, Wells Fargo, and Citibank all report on Friday. Many eyes will be on those banks' lending...
Freddie Mac announced the auction sale of 3,564 non-performing residential first lien loans (NPLs) from its mortgage-related assets portfolio. Specialized Loan Servicing LLC, Select Portfolio Servicing, Inc., NewRez LLC, d/b/a Shellpoint Mortgage Servicing, and Nationstar Mortgage...
According to Fannie Mae's mortgage lender attitude survey, lenders who implement artificial intelligence (AI) or machine learning (ML) into the mortgage lending landscape expect to see operational efficiency. According to the poll, lenders' motivation to embrace...
Low Risk Investments 1. U.S. Treasury Bills, Notes and Bonds Risk level: Very low Potential returns: Low to moderate, depending on maturity U.S. Treasury securities are backed by the full faith and credit of the U.S. government....
One of the biggest burdens in life is the burden of debt. It’s such a big liability, that man cannot die peacefully too while in debt. And if this is your situation, then you already...
How startup funding works Startup capital can take many forms, but generally it's money that falls into one of three categories: self-funding, investors or small-business loans. Self-funding If you have enough personal savings, you may choose to self-fund,...