Early in my mortgage career a sales veteran once told me that the best way to solve a customer problem was to throw money at it. I guess this is an even better solution when you’re the ones printing money. Full story “Housing rescue plan passes key Senate test“. My opinion: Just to put things [...]

I guess even folks in Congress are close to foreclosure on their homes. I really shouldn’t be surprised though. The guys on the Hill are so used to spending other people’s money like it grows on trees and I’m sure that mentality is bound to sink into their own personal finances at some point – [...]

Recently, a past client contacted me to see if he could refinance his house. We looked at all the numbers and it seemed to make sense. The only problem was his credit. Not quite exactly his credit per se, but the co-signed loan on his credit. The infraction coming of course from his own daughter. [...]