Mortgage Street Smarts

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Mortgage and Lending - AmeriFirst Financial Inc, San Diego, CA - NMLS 259027
From a young age, we learn the difference between BOOK SMARTS (knowledge learned in the school classrooms) and STREET SMARTS (what we learn in the "Real World"...often the hard way). There are no shortage of websites providing the BOOK SMARTS of the Mortgage Industry, but there are very few resources a Consumer has to learn about the STREET SMARTS of the Mortgage Industry. Please feel free to SUBSCRIBE (for free) to this ongoing source of truthful knowledge (without the worry of a "sales spin" buried somewhere in the message). After all, we tend to make better decisions when armed with the facts...the purpose of this blog is to provide FACTS by teaching you the MORTGAGE STREET SMARTS necessary to run your business (if you are a Real Estate Professional) or to make the best decisions for your family (if you are a Consumer). Enjoy!

ARCHIVED BLOG POSTS

2014 

This almost sounds like the buildup of a joke, but there is no punch line...THIS IS REAL! After reading this article, you will likely utter one word under your breath... "FINALLY!" FINALLY there are Lender's who will commit their own financial "skin in the game" during an escrow! Real Estate Prof...
12/18/2014
Mortgage Backed Securities have given back some of last week's gains this morning.  Mixed early economic data was roughly neutral. November industrial production rose from October, well above the consensus for increase. However, the Empire State regional manufactuing index declined below the cons...
12/15/2014
At the end of last week, Mortgage Backed Security (MBS) prices rallied to the best closing levels of the year on very light volume. The move appears to have been overdone, and MBS have begun this week by giving back Friday's gains. Construction Spending came in higher than expected and the bigges...
12/02/2014
Holiday Cheer has come early as Mortgage Backed Securities rallied nicely on Friday and have maintained thus far this morning. Weak data from overseas has helped bonds but hurt stocks. The US ISM Index came in just above expectations. Compared to Wednesday's closing, the market has opened with a ...
12/01/2014
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Jason E. Gordon

Sr. Loan Officer, CMPS, CDLP, CDRE, RCS-D, CDPE
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