A mortgage-refinancing program, Home Affordable Refinance Program (HARP or ) is offered to homeowners who have an outstanding loan balance on a house that is less than the value of the home itself. HARP was put forward in 2009 by the Federal Housing Finance Agency (FHFA) to make homeownership affordable and deal with the housing downturn strategically.

Fixed income mutual funds that are invested in debt securities are known as money market mutual funds. The main characteristics of money market funds are that they have short maturities and the credit risk is also minimal. They also are a part of the lowest-volatility types of investment. Depending on the type of securities the fund invests in, money market funds are either taxable or exempted from tax.

To get the finances in order, it is necessary to have the tax planning for 2018 in order. It ensures that one makes all the right money moves next year. It is important to know how the federal tax reforms can be benefited. One must know how the new tax bill will impact them as the reforms may lead to some paying more and some paying less tax.

As a lawyer, at some point in your career, a disgruntled client might sue you for legal malpractice which might cost you a fortune. Legal malpractice insurances provide coverage for claims that might arise from “wrongful acts” while practicing legal services in the capacity as a lawyer. It also provides indemnification coverage and expense coverage.

The mere thought of having one’s identity stolen can send a shiver down the spine. Victims who have undergone identity theft suffer from numerous repercussions, even several months after the incident occurs. Moreover, the process of getting one’s name cleared and the time and effort required is extremely straining. One has to bear the brunt of a crime that was never committed by them.

A loan is required by most of us at some point in our lives. Most loans will require you to have a guarantor, who would act as a supporter of your claim and the ability to pay back the loan amount. In some cases, you can work without a guarantor, but then you might have to give the bank or the loan providers a mortgage or property that they can seize if there is an inconsistency in paying the loan.

Passive investing strategies are common and popular among investors when it comes to exchange-traded funds (ETFs). Passive ETFs track multiple indexes, and have a low turnover and a low cost attached to them. In the past, passive strategies gained an edge over actively managed ones due to their better performance.

Among the numerous bond exchange-traded funds (ETFs), the ones issued by corporations have become pretty popular in the past few years. This is because when compared to government bond ETFs, such investments render better returns. Moreover, they are safer than stocks and if the company were to go bankrupt, it will first pay off its bonds, even before they settle the dues with the stockholders.