Alabama Economy

Fed lets Wells Fargo increase paycheck protection loans

On Wednesday, the Federal Reserve temporarily lifted a limit on Wells Fargo & Co.’s ability to provide coronavirus relief loans to small businesses through the new paycheck protection program. As a result, the bank announced that it would expand its stake in $ 349 billion program, which offers small businesses …

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Brick by brick: understanding how a mortgage works

The housing finance market has seen many exciting times over the past fifteen years. Competition between banking and financial institutions for market share has resulted in many types of home loan products entering the market. Interest rates have also dropped significantly on several occasions, giving the industry a huge boost. …

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Scunthorpe United v Latics – News

The Latics travel to Glanford Park as they face Scunthorpe United in a revamped game (7 p.m. KO). The match was originally scheduled to take place on February 6, but was ultimately postponed by the match referee due to a waterlogged pitch. Oldham is still chasing his first win under …

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Lukewarm on tips? Use Senior Loan ETFs to Beat Inflation

When it comes to anti-inflation fixed income instruments, investors often look to inflation-protected Treasury securities (TIPS). Yet senior loans can also do the trick, with higher income levels to boot. Enter the SPDR Black stone/BSG Senior loan AND F (SRLN A-). SRLN invests in senior loans made to companies operating …

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