Recent Posts

The 30 year mortgage.  As American as apple pie.  It’s the sacred cow of the real estate finance industry.  But, is it also destroying wealth in this country? When you take out a mortgage, they are simple interest.  That...

Could $50 Per Month Save Housing?

As I have been saying ad nausem, the real estate market will not sustain its current insane activity.  The previous reasons I have stated had to do mostly with economic conditions but now we find the out of the box...

Thanks Putin for Overpaying for a House

In the week that the movie, The Big Short comes out, a San Francisco Credit Union is doing exactly what partially caused the big short to happen. These geniuses are putting out a loan with No Money Down up...

The Big Short II

http://thehill.com/policy/national-security/260655-white-house-threatens-to-veto-bill-to-halt-syrian-refugees If you are a Democrat or Republican election freak, I am sure you’ve been waiting for the new, most divisive issue that can shape the election. Your wait is over. Simply put, the most highly coveted voters: Suburban...

The 2016 Presidential Election Began Today

Yes.  I do think I am the Bernie Saunders of the real estate/mortgage industry. For those new to my prose, I like to tell what I think, feel and see in the market based on a combination of gut...

-$1,188,103.00 Last 30 Days

In my recent incarceration of ice hockey goalying began around 2000. Back pain, leg bruises, stiff necks and most importantly the game that is too fast for me on an ongoing basis have brought the decision that I have...

Tonight is a very special night

If your client is putting 10% down on a condo purchase, you do not need all the massive amounts of paperwork as you did in the past. These condos just need a limited review (one page of stuff instead...

Condo Financing Just Got Easier

At present, there are is boom in real estate sector. National Capital Region (NCR) is showcasing a fierce streak of development in areas like IT parks, commercial properties, residential properties and much more. In this regard, more development has...

At present, there are is boom in real estate secto…