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“It’s a very, very, very big market,” he said. “In fact, it’s a bigger market than the overall traditional market as a whole.” The distribution gap between reverse and conventional is part of what he’s hoping to address, Peskin said. Reverse mortgages are offered by approximately 2% of originators while HELOCs are offered by the…
The S&P 500 Index ($SPX) (SPY) on Friday closed down -1.01%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.77%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.49%. September E-mini S&P futures (ESU26) fell -1.02%, and September E-mini Nasdaq futures (NQU26) fell -1.51%. Stock indexes settled sharply lower on Friday, with the S&P 500 posting a…
On Friday, the Hong Kong Exchanges and Clearing Limited (HKEX) announced that its wholly-owned subsidiary, the Stock Exchange of Hong Kong Limited (SEHK), has signed Memoranda of Understanding (MOUs) with the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE) to deepen collaboration and information exchange under Stock Connect. The agreements aim to support…
The common perception of elite level, world class boxers is that they ooze confidence. While confidence is important, there is a clear line between being confident and reckless. When I was trading punches under the bright lights in fights around the world, there were moments where my mind would release a surge of confidence. That…
Indian stock markets are expected to remain in focus on Monday, July 20, as investors assess the outcome of the June quarter (Q1 FY27) earnings announced over the weekend by several heavyweight companies. Strong corporate earnings, positive management commentary and sustained buying in large-cap stocks are likely to influence trading sentiment, while sector-specific action may…
Close to half of respondents (46%, up three points from last quarter) say they are $200 or less away from being unable to meet monthly debt obligations, with 28% reporting they simply do not earn enough to cover their bills and debt payments. “Many Canadians are not just living paycheque-to-paycheque, they are entering each pay…
The Future of Crypto Payments: Why Merchants Will Go Hybrid | Tim Ferland | LetKnow Pay The Future of Crypto Payments: Why Merchants Will Go Hybrid | Tim Ferland | LetKnow Pay The Future of Crypto Payments: Why Merchants Will Go Hybrid | Tim Ferland | LetKnow Pay The Future of Crypto Payments: Why Merchants…
Growing an advisory firm requires more than attracting new clients. It requires clarity around the type of business you want to build, the systems that support it and the people who help move it forward. How do you decide whether growth, independence or a different path is right for your firm? How do you create…
The government is working on a new contributory pension scheme that could significantly expand retirement coverage beyond the existing Employees’ Pension Scheme (EPS), according to a report by The Indian Express. The proposed scheme, which is part of the government’s EPFO 3.0 reform agenda, aims to cover workers in both the organised and unorganised sectors,…
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