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Daily Archives: April 9, 2019

These are the top issuers of reverse mortgage-backed securities

As reverse mortgage loan production steadily declines, so too has the issuance of the securities backed by this product on the secondary market.  Issuers of HECM-backed securities, or HMBS, brought just under $ 1.7 billion to market in the first quarter of 2019, according to the latest report from New View Advisors. This is a 44% decline from last year and ...

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Must Have Features for Small Business Sites

There were days when having a website for your small business was fashionable, trend setting, but not necessarily all-important. That was before the internet took over commerce, and people found themselves with supercomputers in the palm of their hands. Not only must small businesses have websites and a strong online presence in order to compete in this day and age; ...

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State support for public colleges has not recovered since the Great Recession

With their budgets squeezed during the Great Recession, state lawmakers looked for places to cut costs. A frequent target of these efforts: Public colleges. Unlike most other state-funded institutions, public colleges and universities can turn to another source of revenue when they lose out state funds: tuition. But even as the economy has recovered, state funding to public colleges hasn’t. ...

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ETFs that don’t disclose holdings daily set for SEC nod

NEW YORK (Reuters) – Market regulators are poised to approve trading of a new kind of product that could bring more stockpickers to U.S. exchange-traded funds, according to a filing on Monday. The U.S. Securities and Exchange Commission’s conditional approval would allow Precidian Investments to license a new type of actively managed exchange-traded fund (ETF) that, like traditional active mutual ...

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