Tag Archive for: JVM

Trump’s Speech to Calm The Markets, Roiled Markets

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On Friday of last week, JVM sent commandos into all of CrossCountry Mortgage’s offices in the SF Bay Area. The raid was very successful, as we shut down all of CrossCountry’s Bay Area operations. While CrossCountry is none too happy, JVM is very happy because we can now charge 1/4% higher rates in the Bay Area - now that all that competition is out of the way.Read More

JVM Lending Has 15 Licensed Real Estate Agents Who’ve Never Sold A Home; Why You Should Care

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JVM actually has 12 licensed real estate agents, and 3 licensed real estate brokers (including me and my wife, Heejin). Not only have none of us ever represented anyone in a real estate transaction (nor will we ever), but we have all engaged full-time agents to represent us for every one of our transactions (and there have been dozens). The only reason we have so many licensed agents is because getting a license used to be part of our very extensive training program.Read More

Today’s Tech Landscape Will Blow Up Companies Faster Than Ever; They’ll All Be Blindsided Too

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In 2020, the countries of Armenia and Azerbaijan went to war - and Azerbaijan mopped the floor with Armenia in a little over a month. What made the war so fascinating (and actually less tragic than it would have otherwise been) was the fact that it was the first “drone war,” and it was something nobody saw coming. Azerbaijan tactically used a large number of drones to quickly bring Armenia to its knees, avoiding a much longer and bloodier war.Read More

JVM’s New Charity: Condos Without Borders (Delivering Emergency Condo Financing Analyses)

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There are some 43,000 condo complexes in the U.S., containing almost 7.5 million units – mainly concentrated in urban areas with limited land availability.Read More

JVM’s FREE (Lender-Paid) 2-1 Buydown; FHA Spot Approvals For Condos Again

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FHA Single Unit or Spot Approvals continue to enable us to get financing for non-warrantable condos. Our condo team just got another single-unit condo approval in a complex that was not “warrantable” (eligible for Fannie/Freddie financing) or FHA-approved.Read More