Tag Archive for: malinvestment

Multi-Family Housing Imploding! It’s Worse Than You Think!

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In 2004 and 2005, when mortgage lenders were offering 100% financing for investment properties to inexperienced investors – who did not have to verify ANY income – I and many others in the industry were convinced we’d see a real estate meltdown.Read More

Why We NEED A RECESSION & Soon!

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Marshmallow.com = My Favorite App! I love marshmallows. And – every three to four months when my craving gets bad, I order marshmallows right to my door from marshmallow.com. And […]Read More

LoanDepot Stock Fell From $32 to $2; SO MUCH TO LEARN

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COVID caused rates to plummet – which in turn ushered in the mother of all refi booms. Several large mortgage banks had initial public offerings at the height of the refi boom – with valuations that were based largely on revenues from refis.Read More