by Glen | Apr 4, 2019 | credit scoring, General real estate financing information, Housing Price Trends / Information
Last week, I woke up, checked my phone only to see it blowing up with alerts. I was getting alerts about random charges that were not mine from my credit card. Not the best way to wake up, but not surprising since it has been about 6 months since the largest hack in...
by Glen | Mar 29, 2019 | Hard Money in the News, Housing Price Trends / Information, Property Valuation, Real Estate Trends, Real estate Valuation, residential lending valuation
The Federal housing administration over the last several years has been quietly easing the lending standards to increase home ownership. Montgomery, the director of the FHA, did an abrupt change this month tightening standards “to maintain a better balance of...
by Glen | Mar 8, 2019 | credit scoring, hard money
It’s like getting a free scoop of ice cream 😊 Experian is rolling out a new product called Experian Boost which will allow you to “instantly boost your credit score”. Experian expects over 65% of consumers will see a boost to their credit score. Will...
by Glen | Feb 14, 2019 | Commercial Lending in the news, commercial private lending
BB&T agreed to buy SunTrust in the world’s biggest bank merger in a decade. This will create the sixth largest bank in the country. Bank of America CEO, Brian Moynihan predicted another round of consolidation that could produce another “megabank”. Why is this...
by Glen | Jan 30, 2019 | Uncategorized
The National Association of Realtors came out with their 2019 forecast saying: “the economy is “good.” And noted that we have low unemployment, record high job openings, historically low jobless claims, job additions for eight straight years and wages...
