U.S. Department of Housing and Urban Development (HUD) announced changes to rules affecting reverse mortgage loans. Reverse mortgages are currently backstopped by U.S. taxpayers, which the administration believes has led to additional financial exposure. The Department of Housing and Urban Development (HUD) has backed over 1 million home equity conversion mortgages, otherwise known as reverse […]
Update Dynamics within the housing market are a result of wages, consumer sentiment, interest rates, and the economic environment. Over the past year, the number of homes for sale and the number of homes sold has diverged. The U.S. Department of Housing and Urban Development carefully tracks all home listings and sales on a monthly […]
It seems as if something is in the air… As it goes in life, bad events tend to happen in lumps. Everything in the world seems to go along smoothly and then – BAM – negative news slaps you in the face over and over. I received an email from one of my favorite […]
Individuals that pay taxes quarterly, including retirees and business owners, may not be paying enough. According to Internal Revenue Service data, the number of filers penalized for underpaying estimated taxes rose nearly 40% between 2010 and 2015, to 10 million from 7.2 million. In 2015, the total number of filers owing penalties may have exceeded […]
Watch this video for my take on Tesla as a company and stock investment.