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Why Your Mortgage Dividend Stock Moves On A Guess
...predicting borrower behavior, especially refinancing rates, rather than actual payment defaults or housing market downturns. MSRs, representing the right to collect mortgage fees, are valued......

From The Forbes Archives: Was Greenspan A Monetary Maestro Or Immoderate Meddler?
...just under $5 trillion. Of course, within a few years the Greenspan-fueled housing market came crashing down, and the Great Financial Recession of 2008 ensued. His successors went on to elevate......

Neither A Genius Nor A Villain, Alan Greenspan Merely Human
...enough in their analysis. One “had been telling clients that a hot housing market” was “turbocharging the economy.” No problem, the empiricist in Greenspan would conduct his own research. What......

Alan Greenspan, the legendary former Federal Reserve chair, dies
Alan Greenspan, who steered the Federal Reserve for nearly two decades, through some of the longest economic booms in U.S. history, has died. Greenspan died Monday at his home in Washington. He was......

Alan Greenspan, former head of Federal Reserve, dies at 100
Former Federal Reserve Chairman Alan Greenspan, once hailed as a maestro for directing a booming economy but who later received some of the blame for the housing......

What the Iran war cost the Pentagon, the economy — and Trump
...influences consumer loan rates, including credit cards, auto loans and home mortgages. Mortgage rates are way up The average 30-year fixed mortgage rate fell to 6.47% last week, down from 6......

An 8.7% Tech Dividend The Crowd Is Missing As Stocks Soar
This Iran deal adds one more tailwind to our (already surging) 8%+ paying closed-end funds (CEFs). It’s just one more “boost,” on top of many others, that point to more upside ahead for these proven......

World Cup And Taylor Swift’s Eras Tour: Relative Economic Depressants
Summary Contrary to popular belief, events like Taylor Swift's Eras Tour and the World Cup do not generate economic growth. This challenges the Keynesian economic theory that consumption drives......