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Why saving is the habit you should never give up on
http://www.heraldscotland.com/business/personal-finance/why-saving-is-the-habit-you-should-never-give-up-on.23252667
Why saving is the habit you should never give up on If your nest egg is virtually non-existent, the first thing you need to do is to build up some cash. If you are saving short term for a holiday, or putting money However, the disadvantage with these accounts is that the provider may not be offering

Reverse-Mortgage Rule Changes Draw Professor to the Business
http://www.businessweek.com/articles/2014-01-23/reverse-mortgage-rule-changes-draw-professor-to-the-business
Longbridge, founded two years ago by former executives of New York Life Insurance and Fidelity Investments, is entering the business as reverse-mortgage lending plummets. Industrywide, originations fell to 60,000 in the U.S. government fiscal year 2013

Industry Veteran Clay Cornett to Lead ALAW Sales Efforts
http://www.sacbee.com/2014/01/24/6098587/industry-veteran-clay-cornett.html
(Photo: http://photos.prnewswire.com/prnh/20140124/MN52111). Cornett, who most recently served as executive vice president of sales for ServiceLink, a Fidelity National Financial (FNF) Company, has more than 30 years of experience and service

Goldman May Ban Certain Online Chat Services For Traders: WSJ
http://www.huffingtonpost.com/2014/01/24/goldman-online-chat-ban_n_4656144.html?utm_hp_ref=business
The company owned by Hank Scorpio at first appears to be one of those "progressive" 1990s workplaces where the boss wears loafers and everyone is on "flexi-time," until it emerges the loafer-wearing boss is a James Bond-style supervillain hell-bent on 

Suze Orman Says to Pay Off Your Mortgage First

Financial Advisor Suze Orman advises that paying off your mortgage is a priority because it reduces financial risk. Suze says to pay off your ...

PennyMac Mortgage Investment Trust to Issue Quarterly Dividend of $0.47 (PMT)

PennyMac Mortgage Investment Trust (NYSE:PMT) last issued its quarterly earnings data on Thursday, November 1st. The real estate investment trust reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.25. PennyMac Mortgage Investment Trust had a return on equity of 10.64% and a net margin of 40.40%. The business had revenue of $108.50 million for the quarter, compared to analysts’ expectations of $121.87 million. During the same period last year, the business earned $0.47 EPS. The business’s revenue was up 43.1% on a year-over-year basis. On average, sell-side analysts forecast that PennyMac Mortgage Investment Trust will post 1.74 earnings per share for the current fiscal year.

PMT has been the subject of a number of recent research reports. Credit Suisse Group boosted their target price on PennyMac Mortgage Investment Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 25th. Wells Fargo & Co initiated coverage on PennyMac Mortgage Investment Trust in a research report on Tuesday, September 18th. They issued a “market perform” rating and a $20.00 price objective for the company. JMP Securities boosted their price objective on PennyMac Mortgage Investment Trust from $20.00 to $21.00 and gave the company a “market outperform” rating in a research report on Friday, November 2nd. Barclays set a $19.00 price objective on PennyMac Mortgage Investment Trust and gave the company a “hold” rating in a research report on Friday, December 14th. Finally, ValuEngine upgraded PennyMac Mortgage Investment Trust from a “hold” rating to a “buy” rating in a report on Friday, September 7th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. PennyMac Mortgage Investment Trust presently has an average rating of “Buy” and an average price target of $20.60.

PennyMac Mortgage Investment Trust (PMT) to Issue Quarterly Dividend of $0.47 on January 28th

PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in residential mortgage loans and mortgage-related assets in the United States. The company's Correspondent Production segment engages in purchasing, pooling, and reselling newly originated prime credit mortgage loans directly or in the form of mortgage-backed securities (MBS). Its Credit Sensitive Strategies segment invests in credit risk transfer agreements, distressed mortgage loans, real estate acquired in settlement of mortgage loans, non-Agency subordinated bonds, and small balance commercial real estate mortgage loans. The company's Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency MBS; and the related interest rate hedging activities. PNMAC Capital Management, LLC acts as the manager of

Do you own Mortgage Backed Securities (MBS)? Is the return of principal taxable? Tax help please!?

Hi,
I inherited some Mortgage Backed Securities (mortgage pools, pass-thrus) that are now held for me by Fidelity. For years on the typical 15th or 20th of the month I got interest and return of principal.