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Education & Training - Independent Leadership & Financial Fitness Consultant
“Whoever does not wish to render history incomprehensible by departmentalizing it – political, economic, social – would perhaps take the view that it is in essence a battle of dominant wills, fighting in every way they can for the material which is common to everything they construct: the human labor force.” – Bertrand De Jouvenel I used to be part of the problem, now I'm hoping to be part of the solution. For 20 years I've helped families in Utah acquire loans. I refinanced hundreds if not a thousand mortgages, I've also helped hundreds of home buyers throughout Utah and other locations. Though I didn't realize at the time I was part of a economic system that is strangling and subjecting millions to economic slavery. I'm not suggesting that mortgage lending is "evil" or unnecessary, however, even after the Mortgage Meltdown in 2007, we still give money to millions who are not ready, nor have the "thinking" or "habits" they need to pay down their mortgage. I always knew that the posted rates we gave our borrowers were based on our customers paying their entire loan off over 15 or 30 years. What the borrowers never realized is what the "REAL" interest rate they were being charged by their banks. This blog will hopefully help those ethical mortgage and real estate agents who understand the great responsibility they have in helping their customers acquire what we call the "American Dream". I hope this blog also gives the prospective homeowner prepare themselves financially for making such an important purchase decision. I also want to caution those homeowners considering their mortgage as a giant piggy bank to draw against for expenses that will never provide any type of long lasting return. Thanks for reading my blog.

ARCHIVED BLOG POSTS

2008 

PNC purchases National City   You want to know why the average citizen is to the point of not caring anymore about politicians promises. Just look at the financial headlines today.  PNC just purchased National City Mortgage, and guess what they used to do it? Yep, that's right...your money folks!...
10/24/2008
Interesting to watch the financial guru's thrash about in relative surprise at recent developments in the credit market.  Greenspan appeared before a congressional committee this morning and feigned his great surprise at the collapse of free market principals in regards to the credit markets and ...
10/23/2008
I'm sorry, but if your going to vote, you need to know who the candidates are and which views they subscribe to as well.  These people could speak complete sentences, so they can't be that stupid. But they know NOTHING about the issues or who's actually running.  And they are going to help decide...
10/23/2008
I know this question seems odd in a real estate blog, but with the recent chatter about the bailout bill and irresponsibility on Wall Street, this question came up tonight as I watched one of CNBC's nighttime market shows.  They were talking about CEO compensation and how unwarranted it is when t...
10/21/2008
One question that I've been asking myself is if the federal government really knows what is going on.  Allot of misinformation has been floating across the Internet and through households across the country.  I think part of it is that "what bleeds...leads..." and personally I think the media in ...
10/19/2008
Are we finally seeing a turnaround in the credit markets.  News the past few days is steadily getting more positive in regards to rigid credit markets throughout the world.  Everyone is wondering now why stocks continue to slide, but the reality is that these tight credit markets have had a notic...
10/16/2008
Traditional down payment assistance is now dead and gone.  For years we've all driven by those 100% financing signs.  But now lenders and FHA have pulled back from the previous years lending practices and now the landscape has changed. In an earlier article, I mentioned a program for lower income...
10/15/2008
Yesterday I attended one of my local association conferences in downtown Salt Lake City.  The Utah Association of Mortgage Brokers sponsored the event, and asked Marc Savitt, President of the National Association of Mortgage Brokers to speak to us about recent legislation changes made by congress...
10/15/2008
I highly recommend that real estate agents and mortgage professionals attend their local association meetings.  Just found out about a gem of a concept, and now feel foolish that I didn't know more about this program.  It's been sitting there right in front of my eyes, but like most I've become l...
10/15/2008
Today I've decided to explore a number of the issues that I keep hearing when I watch Cramer on CNBC or Fox Business Network.  My last article delt with Market-to-Market accounting practices, and how did Market-to-Market relate to the overall mess we're in now.  After education myself in that are...
10/13/2008
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