JVM’s Daily Blog

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Why The U.S. Can Print Money With No Inflation – But Other Countries Can’t

There is probably no more important concept for people to understand than this: why can the U.S. print so much money without inflation when other countries can’t? It is so important because so many...

April 19, 2024 5 min read
Why The U.S Can Print Money With No Inflation – But Other Countries Can’t

Appraised Value Can’t Exceed Highest Comps; Appraised Value ≠ Market Value; WHY WE NEED AGENTS!

We had an appraisal come in $40,000 under contract a few weeks ago – and both the buyers and sellers were furious… solely because they did not understand appraisal guidelines.

April 18, 2024 4 min read
Appraised Value Can’t Exceed Highest Comps

Fannie & Freddie Supporting Agent Commissions, But…Has Anything Changed?

FHA allows buyers to finance their upfront mortgage insurance premium (MIP) equal to 1.75% of the loan amount. So, while FHA loans are ostensibly 96.5% loan-to-value, they are effectively around...

April 17, 2024 3 min read
Fannie & Freddie Supporting Agent Commissions, But…Has Anything Changed

Israel-Iran War – Impact On Rates; Price of Gold; What Do Billionaire Insiders Know?

Rates are way up this morning again, and nobody is happier about that than me – even though these high rates are extremely costly for JVM and the mortgage and real estate industries. On Saturday, I...

April 15, 2024 4 min read
Israel-Iran War – Impact On Rates; Price of Gold; What Do Billionaire Insiders Know?

Terrifying Class Action Suit Against UWM (Largest Mortgage Bank); Just like NAR!

We compete viciously against mortgage brokers who send their loans to United Wholesale Mortgage (UWM) – and I am going to defend those brokers and UWM equally viciously. UWM is […]

April 12, 2024 4 min read
Terrifying Class Action Suit Against UWM (Largest Mortgage Bank); Just like NAR!

What’s Balance Sheet Runoff? (You Need to Know); Highest Rates in 2024; Rental Income From Departing Residence; Can Agents Do Loans?

Today’s blog is a “random show” of short and unrelated (but interesting, I promise) snippets. Interest Rates Hit Peak for 2024 Rates are their highest level of the year and […]

April 11, 2024 4 min read
What’s Balance Sheet Runoff? (You Need to Know); Highest Rates in 2024; Rental Income From Departing Residence; Can Agents Do Loans?

Inflation Comes In Hot! Rates Shoot Up; BUT – Will It Last? Maybe Not

Today’s Consumer Price Index (CPI) inflation report came in hotter than expected, and the markets went into panic mode. Rates shot way up, as rate cuts by the Fed seem less and less likely. (Rates...

April 10, 2024 4 min read
Inflation Comes In Hot! Rates Shoot Up; BUT - Will It Last

Mortgage Banks Are Reclaiming Jumbo from Commercial Banks: Why?

Not ONE of the millennials who run JVM Lending was in the mortgage industry prior to the 2008 meltdown. In their minds, it was just some ancient event like the iPhone invention, the French...

April 8, 2024 4 min read
Exterior of a home with a front porch and front door

New Take On the NAR Lawsuit From An Attorney In The Trenches

My wife Heejin and I are both licensed real estate brokers. And between the two of us, we have bought and sold at least 25 properties over the years. And […]

April 5, 2024 4 min read
New Take On the NAR Lawsuit From An Attorney In The Trenches

Why ARMs Remain Awful; Is Crypto Cool for Mortgages? Rates Lower Than Last Year!

Borrowers still frequently request ARMs because they have short-term time horizons and want to save as much as they can on their mortgages. They either expect to move or sell in under 5 years, or...

April 4, 2024 3 min read
Why ARMs Remain Awful - Is Crypto Cool for Mortgages

Rates Scream Higher In Response to Hot Jobs Report! Uh Oh… Will It Last?

Rates shot way up again this morning (before pulling back) in response to an ADP employment report indicating that private payrolls increased by 184,000 in March, far exceeding estimates and hitting...

April 3, 2024 4 min read
Rates Scream Higher In Response to Hot Jobs Report! Uh Oh… Will It Last?

Can Communists and Federal Reserves Control Economies Forever? No. So, Buckle Up!

Which country has far more debt than the United States? The answer is China, along with many other countries. Everyone focuses on the United States’ massive federal debt levels, but […]

April 1, 2024 4 min read
Can Communists and Federal Reserves Control Economies Forever

2 Reasons Why Agents Should Alert Lenders Every Time They Make Offers

There are two huge reasons why agents should alert their lenders every time they make offers. Reason #1: Insurance Costs! Hazard insurance costs have gone exponentially higher in some areas,...

March 29, 2024 2 min read
2 Reasons Why Agents Should Alert Lenders Every Time They Make Offers

Why I Still Love Stocks – Despite the Looming Crash

I have blogged about a potential stock market crash or at least a substantial correction many times. I still think the stock market will correct, and it will likely do so this year** – but I...

March 28, 2024 5 min read
Why I Still Love Stocks – Despite the Looming Crash
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