Doug Jones's (dougj) Blog

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Mortgage and Lending - Mortgage Magic

ARCHIVED BLOG POSTS

2013 

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"Does anybody here know how to play this game?"   Casey Stengel cried out those words when he was the manager of the New York Mets. I feel the same way now working in the real estate finance field. I probably have a business IQ of only  73 but that still puts me about 20 points higher than the ba...
07/26/2013

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Just because you can write something off does not mean that you have to or even want to sometimes. I am working on a loan for a client and the only way we can make the debt ratio numbers work is to use an FHA loan.   We write FHA loans and a couple of years ago the broker industry was really mad ...
07/24/2013

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  Doug Jones Business Founded Mortgage Magic in 1990 and a lender since 1968. Background includes banking and finance. Licensed as a Real Estate Broker. DRE #00979517 MLO #286668 Personal Married to Trudy since 1968, Two gro...
07/23/2013

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  Tonight I did something I have never done before. I filed a complaint with the BBB, Better Business Bureau. I did not ask for anything from the Bureau and checked the box that the information is for BBB information only.   The only reason I even thought to file a complaint is because the compan...
07/22/2013

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It is so frustrating to have spent my entire career in lending helping people to come near the end of my career and feel I am wearing hand cuffs and cannot help so many. And the many that I cannot help are those who are successful, have built assets, can pay their debts and if given the chance wo...
07/15/2013
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