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I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Address See all posts by Kevin Godbold Forget Forex trading! You could invest your way to wealth like this Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Kevin Godbold | Sunday, 12th January, 2020 Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Foreign Exchange trading, known as Forex, appears to have get-rich-quick appeal, but the reality is that most Forex traders lose money – sometimes a lot of it.Instead of speculating on currency movements, I’d rather build wealth by investing in shares and share-backed investments. Studies have shown that over the long haul, shares have beaten the returns from all the major classes of assets such as property, commodities and cash savings.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Beware! Some shares are as risky as ForexHowever, I reckon it would be folly to bring a get-rich-quick approach to investing in shares because it may lead to taking punts on risky, profitless companies with an enticing story. Such beasts could end up being no better than Forex trading for investors, with a high percentage of losers. For example, those backing Sirius Minerals have endured a rough ride so far.To me, one of the keys to finding successful investments in the stock market is to focus on the quality of the underlying business, which usually shows up in the trading and financial record. If you can find a company with a multi-year record of rising revenue, earnings and cash flow, you’re off to a good start with your research.But I’d also look for decent quality indicators such as chunky profit margins and a good return on capital employed. If you can find those, there’s a good chance the business operates in a well-protected and profitable niche of the market.Don’t rely entirely on the numbersHowever, the numbers alone won’t always tell you everything you need to know about a business. It pays to dig into the nature of the firm’s operations to try to get to grips with how the company can maintain its resilient trading position in the market.Some firms can throw out tasty looking financial numbers that aren’t sustainable. The cyclical firms can be a good example of that phenomenon. Banks, housebuilders, retailers and others can all be trading their socks off one minute and crashing the next, which can lead to a roller coaster ride for investors. Sometimes, such companies can deliver a poor investing outcome even when you hold the shares for a very long time.Overcoming the quality/valuation problemBut when you’ve pinned down a quality business with sustainable operations, the next challenge is to buy the shares as cheaply as you can, so the focus moves to valuation. And I admit that genuine, high-quality businesses rarely sell at bargain-basement valuations. But if you over-pay for shares, you could end up turning a decent company into a poor investment if the valuation goes on to ‘normalise’.Well-known US investor Warren Buffett overcame the problem by adjusting his investment strategy. Instead of buying cheap valuations whatever the quality of the enterprise, he moved towards buying the shares of high-quality companies when their valuations were fair. And I think that kind of strategy could help you to invest your way to wealth.
Home / Daily Dose / HARP Refinances Recover from Previous Spike HARP Refinances Recover from Previous Spike Print This Post Previous: Defaults on the Downward Slope Next: OneWest’s Financial Freedom Settle Allegations Related Articles Seth Welborn is a contributing writer for DS News. He is a Harding University graduate with a degree in English and a minor in writing, and has studied abroad in Athens, Greece. An East Texas native, he also works part-time as a photographer. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News Tagged with: FHFA HARP Refinance The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago FHFA HARP Refinance 2017-05-16 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily About Author: Seth Welborn The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save May 16, 2017 1,338 Views Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Federal Housing Finance Agency’s (FHFA) recent refinance report from Tuesday, reported that just over 510,000 refinances were completed in the Q1 2017, compared to more than 750,767 in the Q4 2016.The FHFA reports that borrowers completed 13,425 refinances through the Home Affordability Refinance Program (HARP) in Q1 2017, bringing the total amount of HARP refinances to 3,461,096. Of all refinances that quarter, HARP represented 3 percent.The drop in refinance volume follows a spike in Q3 and Q4 2016. In Q4 2016, total refinance volume jumped from 626,924 to 750,767. This made Q1 2017’s drop all the more dramatic, as refinance volume dropped by nearly 250,000. Overall, refinance volume is still relatively high.The FHFA found that ten states accounted for over 60 percent of the nation’s HARP eligible loans: Florida, Illinois, Michigan, Ohio, Georgia, Puerto Rico, Pennsylvania, New Jersey, New York, and Alabama. Florida sat at the top of the list, with 15,513 total HARP-eligible loans. Around six percent of refinances made in Florida in Q1 were HARP refinances. In order for a loan to qualify for HARP, it must be owned or guaranteed by Fannie Mae or Freddie Mac, it must have originated before May 31, 2009, its current LTV ratio must be greater than 80 percent, and the borrowers must be current on their mortgage payments.The FHFA established HARP in 2009, following the Recession, to assist homeowners unable to access a refinance due to a decline in their home value. Since HARP’s inception, Nevada has held the highest percentage of total refinances, with 26 percent of the state’s total refinances being HARP refinances since the program’s beginning. In both Nevada and Florida, underwater borrowers made up over 28 percent of HARP volume in Q1 2017.Additionally, the FHFA Refinance Report found that the average interest rate on a 30-year fixed-rate mortgage rose to 4.20 percent in March from 4.17 percent in February.Read the full report here. Subscribe