Barack Obama is set to unveil his economic team on Monday.  At the forefront and heading up the Treasury will be New York Fed president Timothy Geithner.  To hear people speak about this guy, is to hear nothing but high praise.  Is he the panacea that the economy and our Florida mortgage applicants, so desperately need?  Wall […]

Fixed rates for Florida Mortgages have disconnected from 10 Year T-Bills.  It’s not supposed to happen that way and Bernanke and homeowners and not pleased with this development.  People with Florida mortgages are acutely aware of this widening spread and it is hampering the plans of those hoping to refinance into fixed rate mortgages.  Ironically, […]

If I was going to have my company beat senseless, I couldn’t think of anyone I’d rather have do it than this kindly old guy from Omaha.  Seriously, the guy is an assassin!  Goldman and GE are Dow components and are about as important a couple of companies as you’ll find anywhere.  They capitulated to […]

Well an unprecedented week in the financial markets.  What started in the summer of 2007 has become an acute situation of late.  We are witnessing losses of homes and jobs.  Paulson and Bernanke have come up with “drastic measures” for this man made hurricane.  There are those who applaud their measures and many others who […]

Man, are these tumultuous times or what?  You have Hurricane Ike laying waste to Texas and the Gulf Coast and a tsunami of a different kind raging on Wall Street.  Lehman Brothers, who have been in existence for over 160 years were unable to find a white knight over the weekend and were forced to […]

Big news this weekend with Paulson and his minions announcing measures to provide funding to the two government sponsored entities (GSE’s) Fannie and Freddie.  These entities which together guarantee almost $5 trillion in home loan securities were, as Warren Buffett put it, technically insolvent.  They had to do it or the economy of the entire […]

When the internet first became a tool for the mortgage business, we like a lot of mortgage companies, derived a significant portion of our business from web based requests.  In the last 4 or 5 years - it has slowed to a trickle.  Why?
BECAUSE WE ARE HONEST!!!!
You know how Wal-Mart can buy a billion bicycles […]

Well the Olympians, especially Phelps sure made us proud.  I have to admit to being a basketball nut and I got up to watch the 2:30 game vs. Spain.  It was one of the best games I have ever watched.  It was close right up to the last few minutes.  I was so happy for […]