Day: July 18, 2020

Did Hedge Funds Make The Right Call On Resideo Technologies, Inc. (REZI) ?

The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, a week after the market trough. Now, we are almost done with the second quarter. Investors decided to bet on the economic recovery and a stock market rebound. S&P 500 Index returned almost 20% this quarter. In this article you are going to find out whether hedge funds thoughtResideo Technologies, Inc. (NYSE:REZI) was a good investment heading into the second quarter and how the stock traded in comparison to the top hedge fund picks.

Resideo Technologies, Inc. (NYSE:REZI) has seen an increase in enthusiasm from smart money of late. REZI was in 25 hedge funds’ portfolios at the end of the first quarter of

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With mortgage rates now under 3%, most home loans are due for a refinance, study says

Few people ever expected to see mortgage rates slide so low, and many homeowners have been caught off guard. Thirty-year fixed-rate mortgages are now averaging less than 3% in multiple surveys — and are offering major refinance savings.

Though mortgage holders have been flocking to get new loans with sharply reduced interest rates, plenty of homeowners are still sitting on mortgages that are now too expensive.

In fact, a new report from mortgage company Fannie Mae says most mortgages with outstanding balances should be refinanced. Maybe that includes yours.

If you have a mortgage that’s closer to 4% than 3%, your monthly mortgage payment is probably hundreds of dollars higher than it could be.

Who needs to refinance?

Roschetzky Photography / Shutterstock

An estimated 60% of homeowners with mortgages can chop down their interest rates by at least one-half of one percentage point by refinancing, Fannie Mae says.

“The

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More Than Half Of Hoboken Coronavirus Cases Are Under 40: City

HOBOKEN, NJ — In a coronavirus update on Saturday afternoon, Hoboken Mayor Ravi Bhalla said the Health Department reported four cases of coronavirus among residents on Friday and one new case Thursday, bringing the total of confirmed cases among residents since the start of the pandemic to 645.

This past Tuesday, Bhalla had noted 12 new cases since Friday, bringing the city’s total that day to 634. That means there have been 11 new cases since the Tuesday update, for a total of 23 from last Friday to this Saturday.

The number of fatalities has remained unchanged at 29, with no new residents passing away from the virus since May.

Hoboken and several other cities in New Jersey experienced a week in June in which they had only one or no cases, before facilities started reopening and people traveled more.

The city also gave some statistics to break down the

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‘I lost my business to COVID’ alleged bank robber writes on note to teller

Police in Houston, Texas, are on the hunt for an alleged robber who held up a bank with a note that says he did not receive a stimulus check or funds from the government to save his business.

Moments after the Woodforest National Bank opened on July 8, a man walked in with his face covered with a black bandana and wearing a hoodie over his head.

Police said the unidentified man approached the teller to request a withdrawal and passed over a folded piece of paper.

MORE: Manhunt continues for white robber who wore blackface in Maryland bank holdup: Police

“I didn’t get a stimulus or that 10k loan. I lost my business to Covid so please make this easy and comply,” the note read.

PHOTO: Houston police are looking for a bank robbery suspect who used a note blaming COVID-19 as a reason why he is holding up

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With rates under 3%, most mortgages are due for a refinance, study says

With rates under 3%, most mortgages are due for a refinance, study says
With rates under 3%, most mortgages are due for a refinance, study says

Few people ever expected to see mortgage rates slide so low, and many homeowners have been caught off guard. Thirty-year fixed-rate mortgages are now averaging less than 3% in multiple surveys — and are offering major refinance savings.

Though mortgage holders have been flocking to get new loans with sharply reduced interest rates, plenty of homeowners are still sitting on mortgages that are now too expensive.

In fact, a new report from mortgage company Fannie Mae says most mortgages with outstanding balances should be refinanced. Maybe that includes yours.

If you have a mortgage that’s closer to 4% than 3%, your monthly mortgage payment is probably hundreds of dollars higher than it could be.

Who needs to refinance?

<cite>Roschetzky Photography / Shutterstock</cite>
Roschetzky Photography / Shutterstock

An estimated 60% of homeowners with mortgages can chop down their interest rates by at

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What’s different about the 2020 Census?

The U.S. Constitution mandates that every 10 years the Census Bureau count every person living in the United States. The results have huge consequences and are used to draw congressional districts and allocate federal funding for things like education, hospitals, roads, Medicare, and Medicaid.

The census has continuously adopted new technological tools to make the process easier, cheaper, and more accurate. In 1890, census takers made use of some of the first tabulating machines, and the Census Bureau purchased UNIVAC I, the first computer commercially available for civilian use, in 1951.

This year, for the first time, the bureau is aiming to go predominantly digital. The biggest motivation: cost savings. According to the U.S. Government Accountability Office (GAO), the cost of the census has doubled on average every decade since 1970. The cost for 2010 was $12.3 billion. This year, digital improvements have helped the Census Bureau save on address

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Don’t forget to take care of yourself. You can’t help others if you don’t.

Editor’s Note: This is a preview of USA TODAY’s newsletter Staying Apart, Together, a guide to help us all cope with a world changed by coronavirus. If you would like it in your inbox on Tuesdays and Saturdays, subscribe here

2020 is relentless, isn’t it?

I am not writing this newsletter to you from my makeshift home office (read, a desk in our kitchen), but from my couch with my left ankle propped up by multiple pillows and topped with a bag of ice. 

Walking my dog Thursday I fell and sprained my ankle, an injury my weak joints have suffered before. But it’s just slightly more annoying to suffer this pain and inconvenience amid a pandemic, when running out to the store to get some comfort ice cream on a weeknight is no longer a particularly easy or safe choice. I can’t cook, I can’t clean or help

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With rates under 3%, most mortgages should be refinanced, study says

Few people ever expected to see mortgage rates slide so low, and many homeowners have been caught off guard. Thirty-year fixed-rate mortgages are now averaging less than 3% in multiple surveys — and are offering major refinance savings.

Though mortgage holders have been flocking to get new loans with sharply reduced interest rates, plenty of homeowners are still sitting on mortgages that are now too expensive.

In fact, a new report from mortgage company Fannie Mae says most mortgages with outstanding balances should be refinanced. Maybe that includes yours.

If you have a mortgage that’s closer to 4% than 3%, your monthly mortgage payment is probably hundreds of dollars higher than it could be.

Who needs to refinance?

Roschetzky Photography / Shutterstock

An estimated 60% of homeowners with mortgages can chop down their interest rates by at least one-half of one percentage point by refinancing, Fannie Mae says.

“The

Read More

Is This Credit Union Right for You?

Alliant Credit Union is a not-for-profit, member-owned financial institution that has been around for more than 80 years.

Though technically located in Illinois, Alliant Credit Union is open to members nationwide. And with more than $12 billion in assets and 500,000 members across the country, Alliant is not just the largest credit union in the Prairie State but also one of the largest credit unions in the entire country.

Before we dive into our Alliant Credit Union review, check out this quick refresher on what differentiates a credit union from a traditional bank — and why you should consider going this alternate route for your banking needs.

In this review:

What Is Alliant Credit Union?

Alliant Credit Union is an NCUA-insured (National Credit Union Administration-insured) banking institution with two physical locations in Chicago but online access for members nationwide. Alliant also offers a network of 80,000 surcharge-free ATMs across the

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9 questions to help vet your back-to-school choices

In Brandon Wislocki’s fifth grade class this spring in California, daily virtual classes were an experiment in creativity.

The Zoom sessions featured guitar playing, group discussions about literature, live math lessons, checks for understanding through Zoom’s chat function and silly games, such as Oreo stacking and household scavenger hunts.

The remote lessons featured something many students didn’t get this spring when the coronavirus forced instruction online: the learning of new material.

Wislocki’s students at Stonegate Elementary in Irvine, California, still covered the core math and English standards that would have been taught in person from mid-March to the end of the school year. 

Brandon Wislocki, a fifth grade teacher at Stonegate Elementary School in Irvine, Calif., starts many of his virtual classes by singing to students.
Brandon Wislocki, a fifth grade teacher at Stonegate Elementary School in Irvine, Calif., starts many of his virtual classes by singing to students.

The experience suggests online learning doesn’t have to be bad. There are ways to make it more engaging and effective, education experts said. But

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