April 28, 2017

Your Money: Older couples ponder financial impact of divorce – A legal separation is crucial for several reasons. If you do not formalize the split, you may be liable for debts your spouse incurs during the time period you are apart, even if you know nothing about them. Your estranged spouse also can make medical and financial decisions if you are incapacitated and will likely inherit your estate automatically upon your death.

What Kind of Mortgage Should I Get? – Once you’ve figured out how much you want to borrow, you’ll have to figure out the kind of mortgage you want (fixed or adjustable) and how long you’ll need to pay back the money.

Malpractice trials can take emotional toll on doctors – Getting sued is a big fear of doctors, and for those who have faced a malpractice trial it can be an emotional ordeal.

April 24, 2017

6 Ways couples can get out of debt in peace – April is Couples Appreciation Month and Financial Literacy Month. What better way to appreciate each other and improve your financial knowledge than by working together to get out of debt?

Startups Rarely File for Bankruptcy. Could that Change? – There is an increasing willingness of venture-backed companies to go through bankruptcy.

The Number of Americans on Unemployment Rolls Drops to a 17-Year Low – New applications for U.S. jobless benefits rose slightly more than expected last week, but a drop in the number of Americans on unemployment rolls to a 17-year low suggested the labor market continues to tighten.

April 21, 2017

8 Common Predictors Of Divorce And What They Mean For Your Relationship – Divorce rates in the United States have been cause for concern since the ’80s, despite finally being on the decline. The puzzlingly high percentage of marriages that end in divorce, however, have pushed experts to study the causes of this phenomenon.

10 states where foreclosure woes linger – The residential foreclosure rate has been below pre-recession levels since late 2016 and continues to fall, according to a new report from ATTOM Data Solutions. In fact, the real estate information company’s latest quarterly and monthly analysis of foreclosure data found that foreclosure activity in the first quarter of 2017 was at its lowest level in nearly 11 years nationwide, as well as in 102 of the 216 metropolitan areas analyzed.

Prepare for the Digital Health Revolution – The business of medicine is inefficient, expensive, and ripe for disruption. Here are 21 companies that are using technology to reinvent it—and to change our lives in the process.

April 17, 2017

Foreclosure activity drops to pre-recession levels nationwide – The number of foreclosure filings, which include default notices, auctions and bank repossessions, dropped 19% nationwide from a year ago during the first quarter, affecting only roughly 235,000 properties, according to a report released Thursday by real-estate data firm Attom Data Solutions. That figure represents the lowest level of foreclosure activity reported since the third quarter of 2006.

Bitcoin is Now Larger Than Some Fiat Currencies in Europe & Americas in Market Cap – The user base and market cap of bitcoin are larger than most fiat currencies of small countries in Central America, Africa and Europe. The next step for bitcoin is to surpass the market cap of reserve currencies, to establish itself as the global currency used by mainstream users and general consumers.

Cannabis Industry Attracts More Mainstream Investors as Business Grows – With the legal cannabis industry generating $6.9 billion in sales in 2016, up 34% from 2015, it’s a no-brainer to say that much is at stake as the business inevitably grows. Much like the independent movie biz, the cannabis industry attracts investors looking for high-risk, high-reward investments, and as marijuana goes more mainstream, so does the funding mechanisms for the industry’s businesses. Just recently, numerous investment firms have cropped up, announcing themselves as major entities in the billion-dollar industry.

April 3, 2017

Tax refunds and bankruptcies a seasonal trend – For many people, a tax refund means a chance to fund a vacation or splurge on a big purchase. For some, though, it’s a way to wipe out crushing debt – not by paying it off, but by giving them enough money to pay for bankruptcy.

U.S. debt to double over the next 30 years – U.S. debt is likely to double as a share of the economy over the next 30 years, according to the Congressional Budget Office.

Mortgage applications decrease – Mortgage applications dropped 0.8% on a seasonally adjusted basis from the previous week, according to the Mortgage Bankers Association’s weekly mortgage applications survey.

March 28, 2017

Mortgage Rates Monday, March 27: Drop; Buyers Face Tight Inventory – Mortgage rates today for 30-year fixed loans and 5/1 ARMs dropped, while rates for 15-year fixed loans rose, according to a NerdWallet survey of mortgage rates published by national lenders Monday morning.

How Virtual Reality Could Revolutionize The Real Estate Industry – Real estate is an industry that normally moves with the times and adopts technology that can assist in its continued success. However, there seems to be a slight lack of faith in a new technology that presents itself to the industry: virtual reality. This could potentially be a grave mistake by some, and quite the advantage for those who rapidly adopt the technology this year.

The Latest Craze In Silicon Valley: Bankruptcy – Some Silicon Valley VCs are choosing a quieter state-law procedure known as an assignment for benefit of creditors, or ABC, where a trustee sends checks to creditors and liquidates the business.

March 23, 2017

When Couples Divorce, Who Gets to Keep the Dog? (Or Cat.) – When couples get divorced, children are not the only ones who can get caught in custody disputes. Fights over other members of the family — beloved pets — can be equally acrimonious.

Mortgage applications fall 2.7%, as borrowers turn to riskier loans – The fast-rising cost of housing today is shrinking demand for home loans but also pushing those who are in the market toward cheaper, adjustable-rate mortgages.

3 Tech Trends Helping to Bring New Investors to Real Estate – Technology is enabling more people to become real estate entrepreneurs.