Merrill Lynch got stung so badly by holding sub-prime mortgages that they almost went out of business. This time around though, they are eyeing the cream of the crop. Merrill Lynch once lost almost $19.2 billion in just 12 months in the mortgage market, and was among the biggest losers in the subprime mortgage crisis. […]

Securitized debt can be a valuable tool, as it increases borrowing efficiency by placing debt more efficiently. Lenders need to have a good understanding of the risks involved though. Businesses raise money three main ways, by issuing stock where they get paid the issue price when their stock gets placed in the market, by issuing […]

The idea of Medicare for all has gained in popularity and even inspired some serious discussion lately. This idea can look quite appealing as long as we don’t think too much. The United States stands out in a lot of different ways, and one of the notable ones is the country’s lack of universal health […]

Many people worry about the rising home prices of today causing a bubble that is ready to burst. While there may indeed be trouble brewing, real concerns are still quite far off. There are many that are describing the current condition with the housing market a bubble, and perhaps an even bigger bubble than we […]

You can buy and sell a lot of things online these days, pretty much anything, but you can’t sell your house online, right? Zillow has allowed people to do this right now if they wish. When a company releases their quarterly earnings results, this often serves as a pivot point where we can get a […]

Home ownership is considered to be a significant part of the American dream, but more and more of us are being forced to give it up, even those who make a lot of money. Traditionally, lower income people have always represented the biggest percentage of renters, for a number of good reasons. While owning your […]

It’s no secret that we are borrowing more and more each year, although the data does tell us that this is increasing faster than our incomes. This is not necessarily a bad thing. Just because people’s income goes up doesn’t mean that they are better off financially. We know that there is one critical factor […]

We usually think of ourselves as being pretty well covered when it comes to health insurance. The reality is that this is still the biggest financial risk we face. We work hard to look to ensure our financial security and our future is protected, and this is well evidenced by how much money we spend […]

The information age hasn’t just brought us a lot more information, it has also allowed us to share information with others better. This is now allowing the rental market to expand. While it is clearly to the advantage of people to own their own homes instead of renting, the fact remains that many people either […]

In spite of concerns about mortgage demand shrinking in 2019, we will probably see a rise in the 30-year fixed mortgage rate this year, even though it will be fairly modest. There is a lot of talk these days about stagnant bond yields casting a net of uncertainty over the mortgage and housing market in […]