Debt relief mainly refers to debt settlement services, but there are other ways to make debt go away. Gina FreemanMay 2, 2025 Here's When You Don't Have to Tip You can make an argument for always tipping, or reducing a tip. In the end, it's subjective. ...
I don't know where people got it in their heads that owning a home is their birth right, but it's not. The people who keep paying their mortgages through hell or high water are the ones who understand their privilege. They saved up,ran the numbers, and committed to a long term ...
Reverse Mortgages: A mortgage is an option for older homeowners who are cash-strapped needadditional income. This type of loan allows them to access the equity in their home without selling it. Balloon Mortgage: A balloon mortgage is a short-term loan that features low interest payments for th...
There are two primary ways to tap your home equity:home equity loans and HELOCs. With both methods, the amount you can borrow is based on how much equity you have — how much of it you own outright. Home equity loans function similarly to mortgages: You borrow a lump sum at a fixed...
Beta helps us to understand the concepts of passive andactive risk. The graph below shows atime seriesof returns (each data point labeled “+”) for a particular portfolio R(p) vs. the market return R(m). The returns are cash-adjusted, so the point at which the x and y axes intersec...
Given that the Fed’s repo operations are meant to prevent interest rates from soaring too high, those reverse operations are a way to prevent rates from falling too low.Why has the Fed’s repo operations drawn criticism?Anytime the Fed arrives to Wall Street’s rescue with mounds of cash...
Arguably, the 2008 “Great Recession” directly resulted from people’s lack of understanding of percentages and how they apply to mortgages. Scienceshould be taught as a process of inquiry and shown how it can be used ineverydaydecisions.Historyshould be taught from the present backward: showing...
Many more people could ride out the storm-tossed waves in their economic lives if they had their year’s supply of food and clothing and were debt-free. Today we find that many have followed this counsel in reverse: they have at least a year’s supply of debt and are food-free. ...
What is the goal? To limit bank lending? If so, why? Theamountof bank lending was not the problem. It was thequalityof bank lending that precipitated the recession. Bad mortgages would not be eliminated or even reduced by full-reserve banking. ...
And the people who then owned the mortgages their interests were not actually looked after by the agents that were selling them the mortgages. So you have a, what is called an agent principle problem in socialism. And you have the same agent principle problem in this free market fundamentalism...