They’re back. Risky mortgages return. I’m surprised 10 years after crisis a better measure than debt to income ratio hasn’t emerged. Residual income should be considered as preferred measure of mortgage risk. https://www.washingtonpost.com/business/economy/federal-government-has-dramatically-expanded-exposure-to-risky-mortgages/2019/10/02/d862ab40-ce79-11e9-87fa-8501a456c003_story.html
Starting university? Lesson one is how to budget – https://on.ft.com/2nEqmxg via @FT
Goldman Sachs Tries Banking for the Masses. It’s Been a Struggle. https://www.wsj.com/articles/goldman-sachs-tries-banking-for-the-masses-its-been-a-struggle-11569643252
Chasing wealth managers is a risky business – https://on.ft.com/2nXUQdu via @FT
BBC News – Can a computer fool you into thinking it is human? https://www.bbc.co.uk/news/business-49344596
https://www.cbsnews.com/news/how-to-read-a-medical-bill-or-explanation-of-benefits-clear-health-costs/
https://www.advicereinvented.com/single-post/2019/09/25/How-valuable-is-financial-advice
https://www.reuters.com/article/us-usa-fed-repo-tools-explainer-idUSKBN1W30EJ
Online sharks circle Vietnam’s vulnerable borrowers – https://on.ft.com/2UXR1RY via @FT
UK pension annuities under threat as rates plummet https://www.theguardian.com/money/2019/sep/14/uk-pension-annuities-under-threat-as-rates-plummet?CMP=Share_AndroidApp_WordPress