ThisTakesTooLongToType

Well, is the worst almost over? Probably not. But, this is still an interesting time for the mortgage industry. Just as hundreds of home loan brokers and probably hundreds of thousands of home owners are circling the drain, opportunity will knocks again. Over the last decade we have seen home values basically triple in Southern California. Home owners had to qualify to get loans but some of the bank guidelines were less stringent than the hiring guidelines of Ronald’s burger joint. About a year ago the banks started panicking…actually, make that a little over a year ago, (as if it matters).   CONTINUE READING THIS AMAZING INSIGHT TO THE MORTGAGE INDUSTRY Read more