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Why saving is the habit you should never give up on
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
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
(Photo: 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
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 ...

'We'll Tokenize the House': Mortgages Are Coming to Ethereum This Summer

On Thursday the fintech startup Fluidity will announce plans for the first ethereum-powered mortgages in California and New York, CoinDesk has learned.

Fluidity execs say the offering is slated for this summer, once all the licensing paperwork is finalized.

“We’ll tokenize the house, which will effectively take the collateral that is the equity of the house,” said Fluidity chief architect Todd Lippiatt. “You’re pledging the house and you get an advanced rate back in terms of dollars.”

Fluidity formed in early 2019 when the ConsenSys decentralized exchange (DEX) merged with the FINRA-registered broker-dealer Propellr. Fluidity co-founder Sam Tabar told CoinDesk that although ethereum mogul and ConsenSys founder Joe Lubin is still a major shareholder in AirSwap , now a Fluidity subsidiary, the newborn parent company has a distinct set of shareholders – including veteran crypto investors like Brock Pierce, Bill Tai and Lubin’s former college roommate, Mike Novogratz.

Business People

Jennifer Raimondo has been hired as branch manager and banking officer for First Fidelity Bank ’s Midwest City location. Raimondo will be responsible for client retention, business development and staff oversight, while managing the overall operations of the Midwest City branch. Raimondo has more than eight years of banking experience.

BKD CPAs & Advisors has promoted Casey Morgan and Casey Sanderson to senior manager. Both are members of BKD’s audit and assurance team based in Oklahoma. Morgan is a member of BKD National Public Sector Group and BKD National Not-for-Profit Group with more than seven years experience. She is a 2011 graduate of The University of Oklahoma with a master's degree in accounting and a bachelor's degree in business. Sanderson is a member of BKD National Financial Services Group with more than seven years experience He is a graduate of Oklahoma Christian University a Bachelor of Business Administration in accounting and finance.

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

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.

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