Why Do Companies Issue Shares?
Companies need to raise money to support the ongoing growth of the company – to do this they need to either borrow money, or sell part of the company. As each share is a little part of the company, the latter option is issuing shares.
FTC Issues Final Policy Statement Regarding Collecting Deceased Debt
The Federal Trade Commission has finalized a policy statement clarifying that the agency won’t take enforcement action under the Fair Debt Collection Practices Act (FDCPA) or the FTC Act against companies that are trying to collect the debts of deceased consumers, if the companies communicate with someone who is authorized to pay debts from the estate of the deceased.
Why Mortgage Applications Get Denied
Perhaps the most common issue in today’s mortgage industry is a low loan-to-value ratio. This is the percentage of the loan amount compared to the overall value of the property. For example, if you currently have a balance on your first mortgage of $200,000 and the appraisal comes back with a value of $250,000 then your loan-to-value ratio (LTV) is 80 percent. For a conventional loan, lenders require a minimum of 5 percent equity or a maximum LTV of 95 percent. Of course, the problem is that over the past 2 years many areas of the country have seen properties decline in value by 10 to 20 percent or more causing many homeowners to have a high LTV ratio. Even if they are under 95 percent, plenty of homeowners still find themselves having to settle for higher interest rates, PMI payments, or both.
Collecting Delinquent HOA Fees
No one enjoys forcing payment plans, filing liens, or even foreclosing on their friend’s home. But when homeowners don’t pay their homeowners association fees, the rest of the neighbors must pick up the slack through higher fees, special assessments, or minimized spending on community upkeep and amenities.
Medicare Part B
Medicare Part B covers medically-necessary services and a few preventive services that are not covered by Medicare Part A. If you enroll in Part B, Medicare will pay 80% of the “reasonable charge” for covered services after you have met the deductible for that year. You are responsible for paying the other 20% (co-insurance).
Investing In International Equities
Investing is no longer restricted to domestic markets and those investors looking to take advantage of alluring opportunities have popularized global investing. In recent years, international investing has become both the norm and the necessity for a very diversified portfolio that can help reduce overall portfolio risk. An increasing number of individual and institutional investors have been increasing their global markets exposure to pursue their investment goals.
Stretch IRA
When you are thinking about your retirement savings, you might have wondered how you could pass your money on to second- and even third-generation beneficiaries. A stretch IRA might be the solution you need.
Redefining Retirement
Will most baby boomers ever really retire? The old mainstays of golf, grandkids and travel haven’t been enough to satisfy many retirees from previous generations. With the great amounts of energy and success that exist within the baby boomer generation, retirement isn’t likely to keep their attention much longer than it did their parents’.
Evaluating Buy-Out Packages
Your employer has announced it wants to terminate a few hundred jobs by offering buyouts, also known as early retirement packages, to a group of employees. That group includes you.
Success Rate Valued Over Price When Picking A Debt Collection Agency
The latest “Global Collections Review” survey, lets us see a new trend amongst businesses when selecting a debt collections agency. Unlike in the past year, companies put more attention on the agencies’ success rate, less the cost.