Loan-to-Value (LTV) is a financial metric used to evaluate the level of risk given the possibility of default on a loan. The value asset is typically used as collateral for the loan, so if the value o...
The TARP - or Troubled Asset Relief Program - was a government action in 2008 aimed at stabilizing the financial markets and US banks. The program was pioneered by Treasury Secretary Henry P...
The stock market continues to go up and people think things are back to normal. However, things are getting worse, the economic condition will continue to get worse as long as the unemployment rate co...
Crowdfunding is a technique used by investors to pool money together for the sole purpose of investing in an asset. It is mostly considered when a bigger project is in view and cannot be singly handle...
Robinhood is like a social media investment platform. Traders on Robinhood are very vocal about what they are buying and they tend to tailgate each other. When one stock is getting hot ...
While owning a rental property is a good investment and income stream, many choose to refrain from it mainly for complex tax issues. It is undeniable that rental income taxes are quite complicated com...
A bailout is said to happen when a business, an individual, or the government provide a failing company or government with capital or resources (capital injection). This usually happens when a company...
The current #BlackLivesMatter has created an avenue for black-owned companies to rise against the tide of segregation and discrimination. Black-owned companies that have suffered long-term discriminat...
On Tuesday, Well's Fargo reported that it would support the launch of the Black Business Fund to capitalize on seven CDFIs and award $13.5M grants to Expanding Black Business Credit (EBBC) initiative....
In 2018, the Federal Reserve listed 23 financial institutions and banks that were owned by African-Americans. Many of these banks were created several years ago in an attempt to present African-Americ...