Private mortgages are an increasingly popular way for homeowners to access funding for a variety of needs. Private mortgages are loans made by private individuals or organizations, rather than traditional financial institutions like banks. While private mortgages can be a useful option for those who cannot qualify for traditional financing, they come with their own…
Tether Holdings Ltd. operates the largest stablecoin in the cryptocurrency market with a value of $68 billion. However, its founders and owners have scant experience in managing finance at this scale. This article provides insight into the people behind Tether and the challenges it faces as a financial institution. I have always been opposed to…
Home insurance system in America in 2023 offers homeowners a range of coverage options to protect against various risks, and advancements in technology have made the claims process more efficient. However, challenges remain, particularly in areas prone to natural disasters, and there is a continued need for reform and oversight to ensure that the industry…
Lehman Brothers’ use of Repo 105 is a cautionary tale of the dangers of opaque financial instruments and the importance of transparency and accountability in the financial industry. The controversy surrounding the use of this instrument played a significant role in the collapse of Lehman Brothers and the subsequent global financial crisis. While regulations have…
The history of insurance is a long and fascinating one, spanning thousands of years and involving various cultures and civilizations. From the Babylonians and Chinese to the modern insurance industry, insurance has played a vital role in protecting individuals and businesses against unforeseen events. Today, the insurance industry continues to grow and evolve, providing essential…