Bruce's Blog

Just recently discovered this option from a friend of mine.  A very creative idea called RipCard, which is a double sided, full color business card designed to be ripped in half (it is perforated down the middle) to enhance your referral business.  Each card carries an unique identification numbe...

The news is everywhere that the government will not allow FNMA and FHLMC to fail.  Instead the Federal Reserve will offer funds at the same rate that the big banks pay and the loans will all be guaranteed by congress.  Maybe. Obvious problem with this solution is that, contrary to popular opinion...

It is all over the news this weekend, and last week's stock market seems to be pointing the way.  Fnma, affectionately known as Fannie-Mae, and brother FHLMC, AKA Freddie-Mac are in deep financial trouble.  Some say these two industry giants are already insolvent by a wide margin.  Their need for...

IndyMac CEO Michael W Perry requested a 50% pay cut as a result of the market changes at the bank he has run for the past 15 years.  What does that really mean? Recently he was listed as number 84 among the Forbe's list of top CEO's compensation across America.  That put him on page 4 of the list...

In the news today, IndyMac Bank depositors want their money back.  So they've started a run on the bank to close their accounts and get what cash they may have, even those under the FDIC insurance limit.  This follows Monday's announcement that IndyMac would shut down the mortgage lending operati...

Tomorrow is the 232nd anniversary of the Declaration of Independence.  You can find an image of the original here http://www.archives.gov/exhibits/charters/declaration_zoom_2.html as presented by the National Archives. There is a transcript (at this site) of this historic document which was the f...

Reading most news media today, it seems the end of the world is coming for real estate professionals. Want to know a secret? This time, like all times, is a very good time, if only you know what to do with it. For some, falling prices will cause pain.  If the politicians step in to help, it will ...

When you need web access on the road, even locally, you have greater risks than when working from your secure home or office location.  Protecting your critical information, such as log-in and password combinations to your securities trading account, checking and other bank accounts, credit card ...

For all you multi-tasking, hard driving, folks out there, remember that the new hands free only law concerning cell phones (if you are 18 or older) is effective July 1, 2008 and there is no grace period.  You can get the official Q&A at the California Highway Patrol website at http://www.chp.ca.g...

No question that most short sales are a lot of work.  Tedious, timewasting, detail driven, frustrating, disheartening, chain you to a phone and desk work with no guarantee of success.  Always remember that requesting a short sale is asking a lender to accept less than full value for their note ba...