CNBC Pundit Fred Glick on Real Estate & Mortgages

Importance of Mortgage Preapproval

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 22 Mar 2012 12:55:43 -0700

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

HARP2 and the Second Mortgage

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Wed, 21 Mar 2012 10:53:39 -0700

HARP2.0 has been a Godsend to some. Refinancing at a lower rate that you never thought you could get is a welcomed surprise.

But, if you have a 2nd mortgage (also known as H E L O Cs or home equity loans) you cannot roll it into your first mortgage and get a HARP loan. You must either pay it off or have the current lender agree to stay the second position lender.

Your 2nd mortgage company may or may not want to do this, understand the HARP program or even be set up to accomplish this goal.

1. let them know that there is a bigger chance of them getting paid because you will be lowering your monthly payment.

2. they will be in the same position they are now so what’s the big deal? Also, this program will stop values from falling and will improve their position overall.

3. HARP2 allows for the combined loan to value to be unlimited.

But, you will face the dreaded customer service person that does not understand, has not been trained or is being told to tell you NYET. Don’t give up, get supervisors on the phone, visit the bank and don’t leave until they do it, twitter that they won’t do your loan, contact journalists and tell them your situation, social network with others to see how they did it, talk with your mortgage broker to try to help you and in the end, don’t give up!

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

HUD, Soviet Style

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Fri, 16 Mar 2012 09:24:51 -0700

Yesterday, Amtrak happily took me from philadelphia to our nation's capital.

Even though the onboard internet ran as slow as Joan Rivers in a triathlon and the coffee tasted as bad as a three day old slice of pizza that you left on the counter, the cho-cho got me there so that I could meet members of FHA's brain trust to talk about a couple of important issues that face America's ability to purchase real estate.

I was thrilled to be going to HUD HQ for the first time. The excitement of just being in the building would be cool and talking about trying to change their minds on seller assists being lowered, MIP rates and appraisal independence was an honor.

But then, I saw the building. Then I entered the building. Oh my!

I just thought I was back in the Soviet Union of the 70's. Had I been transformed to the Politburo? Not, the people in the building but the architecture.

Former HUD Secretary Jack Kemp once described this building as 10 stories of basement. He wasn't far off!

The 9th floor has just been repaired because the 10th floor crashed into it and the HVAC system is being repaired in each quadrant of the building because there were issues with the original design.

So, there may be something in the air that is causing FHA to reduce the maximum seller assit from 6% to 3% even though Philadelphia has a 2% transfer tax.

They may also be breathing too hard when it comes to increasing the monthly mortgage insurance to high numbers so that people can't refinance.

But, I did have a fruitful conversation and hopefully Marc Savitt and I changed some minds.

What can you do? Public comments are now open on the reduction of the maximum contribution. Please go to http://www.regulations.gov/#%21submitComment;D=HUD-2010-0063-0908 and let them know why this will be a bad thing!

Dasvidaniya, Comrades

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Co-op May Now Need Title Insurance

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 15 Mar 2012 03:53:30 -0700

I believe I am the first real estate agent in the history of Pennsylvania to have 3 different transactions in 3 different cooperatives in Philadelphia at the same time.

Also, I was alerted yesterday is that one of the major co-op lenders in the area is asking for and getting title insurance on the co-op deals. Why, because they have the "gold" and those you have the "gold" make the rules.

This, of course, will add costs to a transaction and have the seller go through the same scrutiny that a seller of a house or condo go through.

I am not sureif you'll just have to buy lender coverage only.

Stay tuned!

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

HARP2 and Condominiums

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 16 Feb 2012 13:15:02 -0800

A question has been asked if condos are included in theHARP2 program.

The simple answer is YES! The best answer is that not only are they allowed but you do not have to go through the approval process.

Why is that good news? That’s because under standard Fannie Mae guidelines a condo would have to meet certain criteria for presolds, owner occupied percentages, number of delinquent homeowners and specificity as to the number of units owned by a specific person or entity.

As such, Fannie and Freddie already own your loan, you’re paying on time and all you’re doing is getting a lower rate: making the payments easier, why should they care?

This lack of approval also happens when you are getting a mortgage through Fannie Mae under their Homepath program.

I did one recently in a building that has 85% investors and it went through no problem. Why, because Fannie Mae wants to sell off their inventory and they are taking the risk.

But, if you are a normal borrower trying to go through the “normal” process, too bad! Is this fair? I say not, but I don’t have to deal with Fannie Mae’s investors and government oversight.

Have questions or to see if you personally qualify? Contact Fred Glick at 215-852-4469 or email him fred@usloans.com

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Buyer Brokerage, Zillow, Trulia, Realtor.com, Against Dual Agency and Why They Matter

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 02 Feb 2012 08:07:51 -0800

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Philadelphia Real Estate Market Good for the Feet!

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Wed, 11 Jan 2012 11:09:31 -0800

(If you've read my posts over the years, you know I am not a rah-rah REALTOR(R) that always says "the market is great, buy now!" I base my opinions on facts. That's why this post will be interesting.)

We are absolutely on the way back.

Jobs in Philadelphia are stable. There is more hiring than firing.

The two elements of supposedly low real estate prices and ridiculously low interest rates are the first seed but the facts that rents have gone up and that people feel comfortable with their jobs is what is pushing them to actually look.

Now, most people that want to find a job can find something or they are inventing jobs by creating their own websites, etc. This changed the paradigm from people being stymied in their shoes, scared to death, gloom and doom reverberating through their heads. There is no double-dip coming to this area.

So, people are putting not just their toes, but their whole foot into looking.

There are places like Graduate Hospital where prices have been going up a lot and surprises for some buyers because Sellers will not take their low ball offers.
As for mortgages, yes, if you have bad credit or can't verify your income, then you will still have issues getting a loan.

Although the mortgage companies ask for many insulting or ridiculous items, deals are going through. The appraisal issues are case-by-case but the lenders are being pushed to get better quality from the appraisals because of pressure from the industry, the public and courts.

People like trends, being part of the in-crowd, following those that lead. This is the time. If I am wrong, tell me what you want me to do to make amends!

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Tired of Being a Homeowner and Want to Rent?

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Tue, 06 Dec 2011 21:09:17 -0800

You are not alone.

There is a wave, albeit small where people are deciding that they have had enough with fixing things, making mortgage payments and suing the neighbors.

There are examples of people that have seen taxes go up even though they have equity and have refinanced to today's low mortgage rates (see usloans.com for live rates) and still have payments that are higher than what they can rent a similar property for.

The supply and demand features are still important because you do want to have someone who wants and can afford to buy your house!

Are you one of these people? Here's a way to figure it out.

Take the cost in the last few years of things you pay for that your landlord normally would. Divide it by the number of months and add that number to your mortgage payment.

Then take the amount of equity you have and multiply that by 3% and then divide by 12.

Then add that amount to the previous two numbers.

What did you get? The total that you are really paying per month.

If rents are significantly lower than that and you don't think properties are going anywhere in value in your area any time soon? Then, sell.

Cold hard numbers, I know. You'll have to put your own emotions into it.

But, if you are in the Philadelphia, San Francisco or Los Angeles area....let's talk :)

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

L O Comp Must Change

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Tue, 06 Dec 2011 17:47:25 -0800

The people and mission of the CFPB is to make sure that the Consumer (yes, the first name of the organization) are not ripped off.

But, did the Fed LO Comp rule promote the abuse of the public? Let's look at how.

1. No discounts from yield spread. You can't help someone by paying anything.

Have an extension because of a review appraisal ordered by a lender that ordered the original appraisal from the AMC that they hired? Too bad, consumer pays.

2. Lower loan amount borrowers either pay points (lots of them) or they go to a bank that can charge them up front AND make all
the SRP/YSP that they want while giving them terrible service from a call center.

3. Lenders allow minimums from YSP. OK, here's where the s#*t should really hit the fan.

Say you have a lender minimum of $5000 for YSP because you do $150,000 and $1,000,000 loans. So what you have done is because you need to be very competitive with your high loan amount loans, you will leave your lower dollar borrowers to pay. Sounds like a tax system? Well, it is.

I can do the middle class is paying for the rich, blah, blah but I am not going to go there. What this is about is bringing fairness for ALL consumers back by killing the Fed Rule.

The Fed (the same guys that gave out the secret Zillions to banks) seem to have a plan to help their member banks with the LO Comp rule and HVCC but it seems to be coming back to haunt them.

Appraisal fraud is way up and good deals are dying that could help stimulate the economy.

A challenge to overturn? Sure. But, the CFPB seems to be an agency that wants to help consumers, are willing to work with the industry and is willing to listen to reality.

We need to humanize the negatives. Please forward this post along to everyone you know that is being harmed by the rule (and HVCC) and ask them to contact the CFPB with specific incidents.

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Show Me the House.....on Thanksgiving?

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Tue, 22 Nov 2011 20:51:04 -0800

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Jobs are #1 but the Mortgage/Real Estate Mess is 1A!

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 10 Nov 2011 17:56:52 -0800

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Fred Glick on CNBC TV Talking About Housing!

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 10 Nov 2011 15:34:06 -0800

Gov. #Romney and I actually agree on something! Tune into #CNBC at 4:40PM ET today to find out what!

If you miss it, you can catch the video on Fredglick.com later today!

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

When Can You Get a Mortgage Again?

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Fri, 04 Nov 2011 08:41:54 -0700

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

One Year, One Deal, Bad Condo, Sheriff has No Money

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 20 Oct 2011 11:02:24 -0700

I just had a mortgage I originated over a year ago close.

No, it was not in underwriting with a large bank that where it fell through the cracks. No, it was not because of an HVCC picked appraiser that took too long because she was serving time for animal cruelty convictions. No, it was not delayed because the condo association secretary could not get it together to get the condo form filled out. And last but not least it was not because of real estate agents that think they are still in high school were too busy picking their noses to get the right paperwork together.

It was the fault of the following, Homeland Security, the Philadelphia's Sheriff office, Fannie Mae and a cast of hundreds.

First, kudos to Mitch Cohen of Premier Real Estate who from the start kept the deal alive and kicking. Mitch sold a nice condo unit to a lovely couple, he British and she Chinese, in a building that was 90 percent investors.

That alone would make the property unkosher for financing. But, alas, since the property was a foreclosure owned by Fannie Mae, they were happy to help dispose the unit with no appraisal, no PMI and no condo approval (remember the 51percent owner stuff).

Ok, we got passed that. Now on to Homeland Security where the green card that was promised had yet to arrive. Finally, after a few long months, there it was. OK, that issue resolved. Good news. Now the nitty gritty title work.

What the title company found was that the sellers had not only screwed up the deed royally, the Sheriff's department lost the deed and could not find the money.

They also told us whe they did find everything that it would take over a month to get it filed. A needless to say a month became 3, three became 6 and finally, a year later, we were able to close.

Don't you just love this business!

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Do NOT list Your Home for Sale

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 20 Oct 2011 11:01:58 -0700

The subtle winds of Fall have approached the east coast. Soon, fireplaces will be lit, hot chocolate will be made, overcoats will return from the secured confines of a cedar closet.

Both the NFL and NCAA football will have the top tier teams evolve into the forefront of America's frontal lobe along with thoughts of holiday shopping because of the ever elongated December selling season.

OK, you get the picture.

So now, the people that want or have to sell their home, I have one suggestion. Don't.

That's right, do not list your home for sale this time of year.

What's that? You really need to? You must move for a job or you are having your third kid and live in a one bedroom condo.

OK, OK......I get it. Now, go up to the bathroom, look in the mirror and say the following: "I will list my house at a price that will sell. I will list my house at a price that will sell. I will list my house at a price that will sell. I will list my house at a price that will sell."

If you do not have to put your face in the john after you've said this, contact your real estate agents (or me of course :) and say to them "I will list my house at a price that will sell."

A great agent will understand this, find out the comps, know the price and will be able to market it that way.

Yes, I have taken listings where the house was overpriced by $200,000, yes $200,000 but it was with someone that understood the risk, it was later November and he did not need to sell. I had to prove to him how nuts he was. But, those days are over.

Buyers seem to hear something that makes sense to them that they should absolutely bid about 20% less for every home they see when in fact sellers and their agents mostly try to price at what it should sell near.

So, it's a zoo out there from the buyer and seller side. Hopefully, the negotiators, the agents, will be able to put buyers and sellers together happily!

Gee, is it Spring Training already?

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

It's Time for the No Appraisal Refi

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 13 Oct 2011 17:15:13 -0700

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Thanks for the Hurricane!

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Sun, 28 Aug 2011 09:13:12 -0700

Sometimes, a hurricane can be a good thing.

The combination of rain, wind and flooding hits areas and causes damage to property. Of course we don't wish this on anyone, but the reality is, there was nothing we can do to the efforts on mother nature.

After the rain, comes the sunshine and we will all look to see what happened to our own property.

Now what? Assume that every one of the insurance companies that try to lure you with cute commercial come through with real money, you will start fixing your homes, businesses, cars, boats, docs, garages, etc.

That will have you go to home centers to buy supplies or call contractors who will do the same.

That demand will increase the need for repair people, manufacturing of the goods, cashiers, need for new trucks and cars, etc. Yes, a job creator.

And, if you are thinking about buying a home, do it early this week. Why? You'll see i the house you want to buy can sustain a hurricane-like water surge. It's better than having a home inspection!

So, thank you Irene. Now go away.

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Housing Market, Mortgage Market. The Good, Bad and the Ugly Tie?

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 18 Aug 2011 21:06:12 -0700

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Death of the Appraiser

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 18 Aug 2011 21:04:17 -0700

Remeber, you heard this here!

Just got a mortgage commitment from Wells Fargo. They want the seller disclosure. Can't wait until that gets picked over by underwriting.

What does this really show beyond the obvious? That the lenders will be eliminating appraisers.

They will be replaced by the lender doing an AVM and then ordering a staff home inspector, yes I said home inspector to theroughly check the house out.

This way, they know generically what it is worth but they will get a home that is free of defects.

This has not been announced and it will not be blasted out there by the lenders. It will come out very quietly.

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Cure for the Mortgage Crisis

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 18 Aug 2011 19:46:17 -0700

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Thank You, S&P

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Thu, 18 Aug 2011 18:47:39 -0700

We should all send the guys and gals at Standard and Poors a big American thank you note!

Remember these dudes from a couple of weeks ago? They scared the crap out of people on a Friday night and made our weekend miserable (if you care about stuff like this) because they downgraded the bonds issued by the U S.

Each side of the aisle went bananas about their rating reduction when in fact they may have actually began the U S economic recovery even though they now have the Justice Department up there wazoos.

And remember, these are on of the guys that actually rating the ugly no doc mortgages as a good investment.

So, did they start the crisis? Will the end the crisis?

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

NAMB v NAIHP You Decide

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Wed, 06 Jul 2011 13:03:36 -0700

There is a discussion going on Linkedin that you want to follow if you want to know the details of the financial situation of NAMB.

Here's the link: http://www.linkedin.com/groupAnswers?viewQuestionAndAnswers=&discussionID=59634401&gid=100276&commentID=44320207&trk=view_disc

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Respect- How the Mortgage Broker Can Earn It

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Mon, 27 Jun 2011 18:35:17 -0700

Respect. How do you get it? Why do you need it? How does it help?

The word Mortgage Broker, as you may have heard is a dirty word. People in both Governmental and public circles define a Mortgage Broker as the pushy, car sales-like guy with money as his total motive. This was the guy that told me that I was getting a one percent mortgage. And the scary thing was fifty percent of the loan agents at the time truly believed this because they were not properly trained. I can rehash all that has happened in the last few years but I think you’d all rather watch reruns of Jersey Shore in Chinese than have me go through that angst.

Instead, let’s look forward.

Currently, I am a Director of the NAIHP, the National Association of Independent Housing Professionals that is working in Washington on a volunteer basis to straighten out the industry. After meeting with Congress people, Senators, their staff and the staff of various committees, what I see is that we need to have the respect of the people we are trying to persuade in order to get our point across. When a National Association of CPAs walk in and tell them something is wrong, they listen and respect their opinions. Why? Because their membership is licensed, background checked and properly schooled. And because of the SAFE Act, the NMLS licensed mortgage originator is too.

But, there is a big difference.

CPAs and their leaders are not out there partying with their clients seeing who can get the most drunk, smoke the most cigarettes, plan on the maximum amount of money they can swindle their clients of, don’t come out with silly videos, don’t commit fraud within their leadership and don’t align themselves with just one far-reaching philosophy.

That’s right, boring is good. Boring is respected. In the end, your clients and the legislature will enjoy boring. Boring will be listened to. Start looking at your own business in this way. Yes, it’s fun to dress in a silly tie, just every once in awhile. Don’t make silliness your moniker. Make it your brain. Be the guy that people go to when they need answers, not when they need to party.

I had this issue years ago. There was another loan officer in my area that was quiet, smart, plain and knowledgeable. I was the fun guy. Her name is Eileen and my nickname was Slick (get it, Slick Glick). So the line on the street was, “If it’s Slick, give it to Glick, if it’s clean, give it to Eileen.” The easy clean deals went to her and I got the difficult ones. Even though I pulled a lot of them off, in the long range, she got the referrals of the clean deals.

See, boring works. Try it. Make your job and our job easier!

Respect! Fred Glick

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Death of FHA

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Tue, 21 Jun 2011 11:57:53 -0700

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.

Sex, Soup and the Single Mortgage

Fred Glick RE & Mtg Broker, fredglick.com (U S Spaces & U S Loans Mortgage) — Tue, 12 Apr 2011 08:42:43 -0700

Can you imagine someone saying to you when you go for a mortgage, “Sorry, I have to screw you.”?

Thanks to the Federal Reserve and their mandate of the “New Porn” has begun.

Go into your favorite mortgage broker and ask them to give you a rate with zero points.

They will go to all their lenders and find you say 5% where the lender pays the broker let’s say $2500.00. But, the broker could give you 4.87% where they made $2100, but they are not allowed to do so. The wholesaler is forced to pay the broker the $2500 and make you take the 5.00%.

So, you say to yourself that you will go to the bank. Great idea? Not really, they’ll be charging you 5.25%. Why? Because they can.

So, you will take the 5% and have the broker not be able to give you 4.875% because the Federal Reserve has decided that it is not in the consumer’s interest. That’s right, the Federal Reserve Bank has set the rates you will pay.

NO SOUP FOR YOU

So, what’s next? How about prices at a small grocery store compared to a big box supermarket. What if the Fed decided that Campbells Chicken Soup will cost $1.25 at a small store and they can’t charge you a penny less or a penny more.

You get upset because it used to cost you $1.05. So, you go tot he Big Box and then find it cost $1.77 there.

Huh???????

This is has to stop, it has to be reversed because once you let the Fed in the door, what’s next? How about real estate commission.

Oh, you say that will never happen? Think again. Mortgage companies are limiting commissions in their loan approvals. Need proof? See it by clicking here..

So, did you ever think that Ben Bernanke would be the porn leader of America? Sexy, huh?

Fred Glick

Mortgage and Real Estate Brokerage
215.852.4469 East Coast
415.683.6950 West Coast
http://fredglick.com for licensing details.