obama: You Told This Country, You Needed Another Term to Finish the Job - 08/25/14 10:27 PM
“You Told This Country, You Needed Another Term to Finish the Job”
 
Against the wishes of many who felt you were not the person for the job, you got elected. Mr. President, even some of your ardent supporters are disgusted with your leadership and so are many from your own party.
 
The leader of England had enough common sense to cut short his vacation, after seeing an American beheaded by a coward. This coward can be a hero when this man is bound and on his knees. By the way, Mr. Coward it would have been interesting if … (19 comments)

obama: Let’s Play, What If? - 07/17/14 05:07 AM
“Let’s Play, What If?”
 
What if the CFPB came to my office and the indicated they want to see all off our current operating procedures?
 
What if the CFPB wanted to review all of our Mortgage closings that took place between 2012 until today?
 
What if the CFPB wanted to see all of our financial records for 2012 thru today?
 
What if the CFPB want to see all of our emails between 2012 through today?
 
What if we told them our hard drive crashed and we lost all of our records and emails. … (15 comments)

obama: Dinner with Two Couples that Voted for Obama - 07/14/14 08:34 PM
“Dinner with Two Couples that Voted for Obama”   Most of our friends did not vote for Obama, at least not for his second term, but we do have friends that congratulated one another after winning a second term. Saturday evening we were out for dinner with two couples that were always ardent supporters of the President or so we thought.   Both these couples brought up how they “Hated” him at this point. Unfortunately all the hating in the world is not going to make one bit of difference, the vote they cast cannot be taken back. It was obvious … (27 comments)

obama: Keystone Pipeline Now - 06/16/14 02:26 AM
“Keystone Pipeline Now”   Do you thing the Middle East is going to be a peaceful place anytime soon? With all this unrest do you thing the price of oil is going to drop anytime soon?   The price of gas is about $4.00 per gallon, the cost of heating oil and natural gas not going down anytime soon. We may not be totally dependent on oil from other counties, but we are totally depending on the price of the cost of oil and much of which is dictated by others.   For three years our President has nixed the building … (12 comments)

obama: “YOU Can’t Handle the Truth” - 04/30/14 10:57 PM
“YOU Can’t Handle the Truth”
 

 
This line was made famous by Jack Nicholson in the movie “A Few Good Men”. I can’t help using it as a way of letting our President know, that “WE CAN HANDLE THE TRUTH”. The American people deserve the truth rather than being told stuff just to pacify us.
 
What is the truth when it comes to:
1)IRS
2)Benghazi
3)Affordable Health Care
4)Keystone Pipeline
5)Drawing Lines in the Sand
6)Iran
7)Syria
8)Ukraine
9)Employment
 
 
Two things immediately came to mind, as I thought about … (19 comments)

obama: “I Will Not Negotiate! How Do You React When You Hear These Words?” - 09/26/13 11:26 PM
“I Will Not Negotiate! How Do You React When You Hear These Words?”
 
I was listening to President Obama say these words the other day, when talking about the upcoming budget talks. These talks will involve the possibility of the United States defaulting on its debt and possibly shutting down the Government.
 
Does he say he won’t negotiate when talking to Iran, Russia, Syria and all other counties on this planet? However, when it comes to the good of this country, the answer is, I will not negotiate.
 
Statements like, I will not negotiate shows very … (30 comments)

obama: “This Client is a Victim of Obamacare” - 05/08/13 10:25 PM
“This Client is a Victim of Obamacare”
 
Danielle graduated college and is having difficulty getting full-time employment. She has taken two part-time jobs,  24 hours a week for one and 20 hours for the other since getting out of school.
 
One of her goals after graduating was to purchase a home instead of renting. Her parents are going to gift her the down payment, so she came to me to get preapproved for a mortgage.
 
Here is the problem, she doesn’t have a full-time job, rather two part-time jobs. Neither of the two employers she has, … (22 comments)

obama: The President Not Truly In Touch with Housing - 02/14/13 09:46 PM
“The President Not Truly In Touch with Housing”
 
I listened to the President’s State of the Union address. What he said and what is reality are worlds apart.
 
Unemployment at near 8% and I don’t see these numbers changing anytime soon. How does this help housing? As a result of Dodd-Frank, the future QM rules which limit the debt ratio to 43% or less for folks wanting to purchase or refinance, will take about 25% away from the market. How does this help housing?
 
The growing Federal deficit is totally out of control. I have already … (9 comments)

obama: Romney Knows What a ‘Qualified Mortgage’ Is - 10/10/12 03:29 AM
 
“Romney Knows What a ‘Qualified Mortgage’ Is!”
 
During the recent Presidential debate, President Obama mentioned loan officers as giving mortgages that were not qualified or should not have been given to consumers. So were they loaning their own money? Where did this money come from?
 
Let’s set the record straight. The push to get more folks buying house came during the Clinton administration. Many of the regulations that were in place, that restricted certain types of mortgages were greatly expanded. Wall Street was now allowed to create mortgage backed securities and derivatives. Mortgage products were created that made … (4 comments)

obama: Are You Happy About the Price of Gas? - 10/02/12 10:35 PM
 
“Are You Happy About the Price of Gas?”
 
We are being told that we have more oil reserves in this country, than in the Middle East, so what are we doing to tap into what is already in our boundaries? What would that do to the price of gas and our unemployment numbers?
 
 
We are being told that if we built “the pipeline” from Canada, it would immediately have employed up to 20 thousand jobs, as it is being built. Do you think that would lower the price or oil coming into our county? What would that … (6 comments)

obama: 30 Thousand Bank of America Jobs to be Cut by the End of 2013 - 09/26/12 04:06 AM
 
 
(6 comments)

obama: I'm Sorry Mr. President, I did Build My Mortgage Company... - 09/11/12 11:08 PM
 
“I’m Sorry Mr. President, I did Build My Mortgage Company, No Thanks to You”
 
I don’t have you sitting in the chair next to me, as I’d like to be saying this face to face, but I don’t have that option. Anyway, let me share the following with you.
 
Mr. President, with all due respect, which is more than you have given me and the millions of business owners throughout this great country, I built my business without any help from you and without the help of the government.
 
I also pay my fair share … (3 comments)

obama: KEEP GOVERNMENT OUT OF THE MORTGAGE BUSINESS - 08/26/12 11:02 PM
“Keep Government Out of the Mortgage Business”
In a recent interview, President Obama said he believed that the road to recovery is through mortgage refinances. I’m sorry Mr. President did you somehow forget about the unemployment rate? 43 straight months of over 8%. He keeps preaching that he hasn’t finished the job. We can’t afford his failed policies any longer.
He is still pushing principal reduction refinances, with the government footing the bill or I should say, we are footing the bill. He keeps saying, that will stimulate the economy. PLEASE, no more government involvement.
Obama: Road to Recovery Is Paved … (2 comments)

obama: STRONGER JOBS NUMBERS? DO THEY REALLY THINK WE ARE STUPID? - 08/12/12 10:56 PM
“Stronger Jobs Numbers? Do They Really Think We are Stupid?”
 
With a published unemployment rate of 8.3%, the real number is probably double, but who’s counting. Over 40 months of unemployment over 8% and the information is being spun as good news.
 
We’re being told that the current administrations needs 4 more years to finish the job. The only thing that will get finished is continued high unemployment. No job growth, as we are being regulated to death and deficits spending that is totally out of control. We have a foreign policy, that all Americans are ashamed of. … (5 comments)

obama: THE OBAMA ADMINISTRATION HAS UNFINISHED BUSINESS? - 07/15/12 09:54 PM
“The Obama Administration has Unfinished Business?”
In reading the article below, the administration says the “foreclosure crisis”, is unfinished. The administration has done more to perpetuate the foreclosure crisis. This is just one more failure, the list is quite long. There isn’t much point in filling up this post, as it would be a waste of time.
If there was more jobs in this country, there would be less foreclosures. It is amazing to me and I know many others, that the head of GE, one of the President’s economic advisors, ships jobs overseas on a regular basis. Any idea how much GE … (2 comments)

obama: OBAMA ADMINISTRATION GETS AN F - 06/14/12 02:29 AM
“Obama Administration Gets an F”
I started reading some of the RESMedia article, part of it is below. They indicated that housing sales increased 2.4% over April of 2011. I would not brag about these housing numbers, nor would brag about an 8.2% unemployment.
I know the administration could give a damn what I think. Right now, this President has no chance to get reelected. If you want a shot at getting reelected, start now to repeal Obamacare and Dodd-Frank. If you are not in, you are out.
Obama Administration Releases May Housing Scorecard
By: RISMedia
 
The U.S. Department … (7 comments)

obama: CONSUMER FINANCIAL PROTECTION BUREAU WITHHOLDING BUDGET - 05/11/12 01:44 AM
“Consumer Financial Protection Bureau Withholding Budget”
 
So typical of any entity connected to the current administration and Dodd-Frank. Our current administration and everyone connected to it, has no regard for our dollars. The arrogance of them to ignore their responsibility to share their budget is reprehensible, but at the same time, not surprising.
 
We have not had an approved budget in the last three years and will not have one for this year, but who’s counting? Actually there are a lot of people counting and sick and tired of overspending that is out of control. Just think, if there … (5 comments)

obama: THE FED SETS GUIDELINES FOR REO RENTALS - 04/09/12 11:20 PM
“The FED Sets Guidelines for REO Rentals”
Let me know if you have the same reaction as me. Is there any part of our lives that the FED is not involved? How we should act and how we should think. Regulators creating more regulations, this time on REO properties. Just Great!
I used to think how crazy the song “The House of the Rising Sun” by The Animals, was. I now wonder what house they had in mind? Not so crazy anymore!
The sooner we can get the government out of our lives the better and the sooner we get the … (7 comments)

obama: WHEN IS AN 8.2% PUBLICIZED UNEMPLOYMENT RATE SOMETHING TO BE PROUD OF - 04/09/12 06:00 AM
“When is an 8.2% Publicized Unemployment Rate Something to be Proud Of”
 
The current administration is high fiving all over the place, with this success. Are you kidding me, what a disgrace! They keep saying that if they get down below 8%, that it will be a major accomplishment. I hate to inform you, Mr. President, but your term has been a failure. It is very tough to spin it any other way.
 
In his campaign speeches, he keeps saying that he needs four more years to continue the turnaround. We can’t afford his kind of turnaround. We look … (10 comments)

obama: WITH ALL DUE RESPECT TO THE AUTHOR - 04/03/12 11:36 PM
“With All Due Respect to the Author”
There are, three things that will have the greatest effect on real estate values going forward.
First and foremost, the current administration has to be out of office, so that we can begin our recovery. The public, no matter what party they are affiliated with or independents, have little or no faith in the current policies that stymie business growth. Obamacare, Dodd-Frank, HVCC and budget deficits are choking all of us. The list of failed policies is endless!
Second, JOBS, JOBS, JOBS! It’s all about the numbers, that is the real numbers. That is the … (3 comments)

 
Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)

Joe Petrowsky

Your Mortgage Consultant for Life

Manchester, CT

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Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709

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