Browsing Category

Cash

An illustration of why it’s so precious

By Adam Gerza, Chief Operating Officer of Energy tool base Net energy storage energy metering (or NEM paired storage) allows a customer with a solar + storage system behind the meter to discharge their battery, export the stored energy to…

Compare current FHA mortgage rates

What is an FHA loan?An FHA loan is a government guaranteed loan that helps those who cannot afford or qualify for a conventional mortgage. These tend to have lower income and credit score requirements - lenders can accept requests for…

Bad bank is actually a good idea

The concept of a bad bank was brought to light when our Minister of Finance recently announced in the Union budget that an Asset Reconstruction Company (ARC) and an Asset Management Company (AMC) would be created to deal with the stressed…

Breaking down the MEUC program | Advocacy

Today, bipartisanship and bicameralism Helping Independent Leads Succeed (HITS) Act was reintroduced to Washington. The Senate version of the bill is again presented by Sens. Dianne Feinstein (D-Calif.) And Marsha Blackburn (R-Tenn.),…

Low Interest Auto Loans For Bad Credit

It's no secret that bad credit equates to higher interest rates when it comes to auto loans. Just how much higher depends on many factors. Let's see what could determine if you can get a low interest auto loan while you…

Definition of non-conforming mortgage

What is a non-conforming mortgage? A non-conforming mortgage is a mortgage that does not follow the guidelines of government sponsored companies (GSE) such as Fannie Mae and Freddie Mac and, therefore, cannot be sold to…

The myth of the subprime crisis

A decade after its onset, the Great Recession is now commonly blamed on a subprime mortgage crisis - with banks lending too many loans to low-income borrowers at high risk of default. But professor Manuel Adelino found that the…

Definition of the subprime market

The subprime market: an overview The subprime mortgage market is the segment of financing activity that relates to loans made to individuals or companies that present a greater default risk due to their bad credit history or…

Best art books of 2020

'RAPHAELL 1520-1483' Edited by Marzia Faietti and Matteo Lafranconi (Skira). There is no show in 2020 that I regret missing out more than this one in Rome, the greatest Raphael retrospective of all time. As the title indicates, the…

A bad deal at the municipal credit union

Dromm Council Member, the author (Photo: William Alatriste / New York City Council) As we grapple with the COVID-19 pandemic in New York City, millions of residents face severe financial insecurity and worry about how they will pay…

Why are all exes texting?

I wasn't sure how to talk about all of this before the pandemic. It seemed like a meaningless spectacle, which made me feel ashamed. I felt guilty that friends reached out to me - joking that I should stay away from balconies,…

The BoG warns of the risk of bad debts

Of the 21 billion euros in loans subject to a moratorium due to the pandemic, more than 80% had previously been performing, according to the Bank of Greece's credit stability report released on Thursday. These loans represent 15% of the…