General World News

Should you refinance to a 15-year mortgage in 2021?

Posted on

For many middle-aged and older homeowners with several years of equity on their homes, 2021 could be a prime time to refinance from a 30-year fixed-rate mortgage into a 15-year mortgage. The three primary reasons homeowners refinance to shorter-term loans are to save money on interest, to pay off the loan faster, and to build […]

General World News

US private-sector employment shrank in December for the first time in 8 months, ADP says

Posted on

Summary List Placement Employment shrank in December for the first time in eight months as stricter COVID-19 lockdown measures cut into economic growth. The country’s private sector shed 123,000 payrolls last month, according to the ADP monthly employment report published Wednesday morning. Economists surveyed by Bloomberg expected an increase of 75,000 payrolls. The decline is […]

General World News

Mortgage applications drop over holidays

Posted on

Mortgage applications dropped 4.2% from two weeks prior, according to the latest report by the Mortgage Bankers Association. Mortgage rates continued 2020’s trend at historically low figures, with the 30-year fixed rate at 2.86% and the 15-year fixed rate at a survey low of 2.40%, according to Joel Kan, MBA’s associate vice president of economic […]

General World News

Secretary DeVos Quickly Makes Available an Additional $54 Billion in COVID Relief Aid for K-12 Students, Teachers, and Schools

Posted on

WASHINGTON – U.S. Secretary of Education Betsy DeVos announced today that more than $54 billion in emergency relief funding is now available to support fully reopening K-12 schools, facilitate continuity of learning, and measure and address the learning loss caused by a lack of in-person learning opportunities. This funding is allocated by the Coronavirus Response […]

General World News

Some Americans who collected unemployment benefits in 2020 might see their tax refund shrink or disappear this year

Posted on

Summary List Placement SEE ALSO: A Gen Z cofounder wants to give his generation a financial education through his app. He says it’s like the Duolingo of financial literacy. DON’T MISS: Jeff Bezos giving $10 billion to fight climate change in February was the single largest donation of 2020 Join the conversation about this story » NOW […]

General World News

AmeriHome revives IPO plans

Posted on

Months after it delayed its $250 million initial public offering, AmeriHome has signaled that it may now be ready to enter the public markets. The lender and servicer filed updated paperwork with the Securities and Exchanges Commission on Monday detailing its performance through Sept. 30. According to the updated S-1, AmeriHome, owned by asset management […]

General World News

Guaranteed Rate to acquire Stearns Lending

Posted on

Chicago-based lender Guaranteed Rate is acquiring wholesale lender Stearns Lending for an undisclosed sum, multiple sources told HousingWire Tuesday. Employees at Stearns, a multi-channel lender that is owned by financial giant Blackstone Group, were told in an all-hands call on Tuesday afternoon, sources told HousingWire. Neither Guaranteed Rate, a heavy hitter in retail lending, nor […]

General World News

Jeff Bezos giving $10 billion to fight climate change in February was the single largest donation of 2020

Posted on

Summary List Placement The $10 billion Jeff Bezos gave in February to launch the Bezos Earth Fund, an initiative seeking to combat climate change, has been deemed the single-largest charitable gift of 2020 by The Chronicle of Philanthropy.  Bezos announced the multibillion-dollar gift and the creation of the Bezos Earth Fund on Instagram. His announcement […]

General World News

HPC urges regulators to align nonbank servicer standards

Posted on

The Housing Policy Council has weighed in on the Conference of State Bank Supervisors’ new proposed standards for nonbank mortgage servicers. In its comments, HPC suggests that regulators need to align on the regulations in order to avoid disruption. In October, CSBS made a controversial move to issue a final rule with proposed prudential standards for nonbank mortgage […]

General World News

Virginia Cello Player Goes Viral on TikTok

Posted on

Andrew Savoia, a 24-year-old Arlington, Virginia, cello player has taken social media by storm, posting TikTok videos of himself performing instrumental covers of modern pop and hip- hop songs. One of his first viral videos, cover of “Come Get Her” by the hip-hop duo Rae Sremmurd, had over 3 million views. Maxim Moskalkov has the […]

General World News

An NYC preschool admissions consultant shares the advice she gives parents to help get their kid into a top program

Posted on

Summary List Placement Manhattan-based educational consultant Wendy Levey has deep roots in New York City’s preschool scene. She founded Epiphany Community Nursery School, a premiere preschool on the Upper East Side, in 1975 and served as the director for 45 years before closing it in early 2020. She also founded ECNS ETC (formerly Rhythm and […]

General World News

SimpleNexus secures $108 million in Series B funding round

Posted on

SimpleNexus, a digital mortgage startup, announced on Tuesday that it picked up $108 million in a Series B funding around. The fund raise comes as the company attempts to increase its marketshare within the eClosing and mobile mortgage segments. The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect […]

General World News

This simple calculator shows exactly how much it would cost you to leave your job during the COVID-19 pandemic — and it’s far more than just your salary

Posted on

Summary List Placement A calculator developed by the Center for American Progress (CAP) shows you exactly how much money you stand to lose by quitting your job during the pandemic – something many people, particularly women, are considering as the coronavirus crisis strains their time, caring responsibilities, and mental health. CAP originally created the tool […]

General World News

Indiana to Host All Men’s March Madness Games

Posted on

The Midwestern state of Indiana this year will be host to the entire men’s college basketball tournament, also known as March Madness, the NCAA announced Monday. The college athletic group is attempting to create a “bubble,” or an isolation zone, in an attempt to protect the college athletes from contracting COVID-19, the disease caused by […]

General World News

It can be extra hard to make a career change during a pandemic, but right now could also be the perfect time to explore the possibilities. Here are 15 great resources to help you find a more fulfilling career or make your current job a little better.

Posted on

  Summary List Placement Finding your ideal career path is less about looking for a “dream job” and more about assessing the day-to-day tasks you enjoy doing. Below are 15 online courses, books, and free resources to help you find what you like, take steps towards a career transition, or improve a current job. Read […]

General World News

ReverseVision appoints Joe Langner as new CEO

Posted on

ReverseVision, a reverse mortgage technology provider, announced on Monday its president, Joe Langner, will now serve as both president and chief executive officer after just nine months with the company. Langner will succeed former CEO John Button, who had previously held the title for over nine years and who will continue to advise the corporate […]

General World News

Forbearances rise for third consecutive week

Posted on

The number of mortgages in active forbearance rose by 15,000 in the last week of 2020, according to a report on Friday from Black Knight. Though the raw number increased for the third consecutive week, the number of mortgages in active forbearance remained at 5.3%, unchanged from the two prior weeks. Last week’s uptick was largely driven by the […]

General World News

Non-QM lender Citadel Servicing rebrands as Acra Lending

Posted on

Citadel Servicing Corporation (CSC), one of the country’s largest non-QM lenders, is rebranding as Acra Lending (Acra). The change is effective Monday. “We are excited to rebrand our business as Acra Lending to reflect the substantial time and resources we have dedicated to internalizing customer feedback, fine tuning our financial and operating model, and investing […]

General World News

IRS Says Executors Undervalued Prince’s Estate by 50%

Posted on

The ongoing controversy over the money left behind by Prince when he died without a will is heating up again after Internal Revenue Service calculations showed that executors of the rock star’s estate undervalued it by 50%, or about $80 million. The IRS determined that Prince’s estate is worth $163.2 million, overshadowing the $82.3 million […]

General World News

Nobel laureate Paul Krugman predicts a swift, sustained economic recovery once vaccines are rolled out

Posted on

Summary List Placement Paul Krugman expects the US economic recovery from the pandemic to be “much faster and continue much longer than many people expect,” he said in a recent New York Times column. The Nobel Prize-winning economist predicts mass vaccination, pent-up demand, greater household savings, technological progress, and the Biden administration’s backing to fuel […]

General World News

Homeless parents’ lawsuit forcing New York City to provide WiFi for 114,000 homeless students will head to trial

Posted on

Summary List Placement A lawsuit aimed at forcing New York City to provide WiFi for students in homeless shelters is moving forward to trial. US District Judge Alison Nathan ruled last week that the class-action suit brought by homeless parents and the Coalition of the Homeless would proceed to expedited discovery in preparation for a […]

General World News

White House economic advisor breaks with Trump and says he’s ‘not so sure we need this massive stimulus bill’

Posted on

Summary List Placement Stephen Moore, an economic advisor to President Donald Trump, is arguing against a “massive stimulus bill,” according to The Hill. In an interview with businessman John Catsimatidis on his WABC 770 AM radio show, Moore said the economy’s recovery is not dependent on the pandemic legislative relief package. It will recover “without […]

General World News

Lindsay Graham slammed Mitch McConnell for delaying $2,000 stimulus payments: ‘Going from $600 to $2,000 doesn’t make you a socialist’

Posted on

Summary List Placement Sen. Lindsay Graham on Friday urged the Republican-led Senate to avoid delaying passing a bill that includes $2,000 direct checks to Americans, a move that’s been shut down by the top leaders in the upper chamber. In a Thursday floor session, Senate Majority Leader Mitch McConnell said increasing stimulus checks from $600 […]

General World News

How to get your kid into NYC’s prestigious 92nd Street Y Nursery School, according to 3 preschool consultants and a parent

Posted on

Summary List Placement The 92nd Street Y is housed in an unassuming building on the Upper East Side of Manhattan. You might never guess from the outside of this nonprofit cultural and community center that it’s home to the preschool countless celebrities — including Woody Allen, Michael J. Fox, Katie Couric, Connie Chung, and Kevin […]

General World News

Instructional design helps you create classes, trainings, and apps that people actually learn from. Here are online classes you can take to get better at it.

Posted on

 Summary List Placement Instructional design is a growing field that blends teaching with design to make learning more engaging and fun. It can be applied to many jobs, from teaching to developing corporate trainings, online classes, or educational videos. Below are 10 online courses, certificate programs, and free blogs to help you learn about instructional […]

General World News

Mortgage rates remain at record-low levels

Posted on

After falling to the lowest rate in Freddie Mac’s Primary Mortgage Market Survey’s near 50-year-history last week, the average U.S. mortgage rate for a 30-year fixed loan remained at a survey-low 2.67% this week. Last week’s announcement of a 2.67% rate broke the previous record set on Dec. 3, and was the first time the […]

General World News

Pandemic-Weary World Welcomes 2021 

Posted on

The world’s 7.8 billion people are preparing to bid a hearty farewell to 2020, but without the usual fanfare and public gatherings, thanks to the novel coronavirus pandemic.     The small central Pacific island nations of Tonga, Samoa and Kiribati were first to welcome 2021 due to their location on the international date line, […]

General World News

The case against CSBS proposed regulations for nonbank servicers

Posted on

In October, the Conference of State Bank Supervisors made a controversial move to issue a final rule with proposed prudential standards for nonbank mortgage servicers – standards that, if enacted, have some stakeholders worried. The proposed rule addressed capital, liquidity, governance, policy related to entity survivorship and more. But now, the Urban Institute is warning […]

General World News

Amazon Prime members have access to tons of cheap online classes on Prime Video. Courses are taught by experts across endless topics, from history to singing, and cost as little as $2.

Posted on

  Summary List Placement Amazon has video courses that span topics from cooking and singing to history and mathematics.  They’re designed by , and most are available to rent or buy, either by individual episode or season. You can also subscribe to The Great Courses Signature Collection subscription, which is $8 a month. Read more: […]

General World News

16 online Princeton courses you can take completely for free, from architecture and history to global health and government

Posted on

  Summary List Placement Like many universities, Princeton offers free online classes. Popular courses run the gamut from Buddhism, computer science, Bitcoin, and global history. You can find the full list of all the free virtual Princeton classes on edX and Coursera here. Read more: 54 free online courses from the best colleges in the […]

General World News

Bosnian-Owned Businesses Stay Afloat Amid Pandemic

Posted on

During the war in Bosnia and Herzegovina from1992 to 1995, tens of thousands of refugees came to the United States. In this story narrated by Anna Rice, Dino Jahic reports they brought some unique culinary traditions to the US   details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com