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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.
RECENT BLOG POSTS
Insider trading, something that Enron executives, and Martha Stewart know all about and have paid for it with real jail time.  But now the exec's at Citi and Countrywide are selling stocks day's before major announcements of doom and gloom, and no one is clamoring that they go to jail!So why did ...
11/06/2007
Sorry to get deep, but you can have the most interesting conversation in the Jacuzzi at the local gym.  I ran into an old associate of mine from several years ago.  He's put together a great company called Sendoutcard.com.  His name is Cody Bateman and he has a great story in regards to why he st...
11/05/2007
In our last case, John and Jill Doe were meeting once again with their financial planner.  They had recently looked over two plans that would help them maximize their asset's and prepare them for retirement.  The MCA or Mortgage Merge Account had certain advantages that could actually put more mo...
11/05/2007
Finally I'm able to discuss one of my cases.  I've have of course left out the names, so this particular borrower will go by our beloved name of John and Jane Doe.  John lives in hypothetical Bacon, Alabama, and for kicks and giggles 30 years old.  John and Jane talk to a mortgage planner and som...
11/05/2007
"Can anyone get a loan now days"?  Another great one is, "How am I going to get this guy to qualify now without stated loan programs?" I've been hearing this refrain now for over a month.  The desperation has increased as lenders ratchet down on their underwriting requirements.  But the dirty lit...
11/02/2007
Why do some people always succeed, while others are continually talking about succeeding?  It's always baffled me how often that in our day to day conversations that we hear the same banal repetitive comments about dieting, making money, or how we're going to do better in relationships.  But wate...
11/02/2007
If you want choice, lower rates, and for some of us (to keep our jobs), then it's time to get POLITICAL!!!   Sign this online petition and fight back!!  Say No to HR 3915!! Sure they is need for reform, and the industry and states are doing the job.  The Federal government always has the nasty ha...
11/02/2007
Interesting article on Reuters website this morning.....ARTICLE... Basically the suggestion is that Bankruptcy judges be given the same power to affect mortgage loans as they can adjust other consumer related loans, like auto and credit cards payments.   In effect, a judge could reduce the rate, ...
10/31/2007
I like others have noticed my local gas prices skyrocketing.  Last year I figured it was because of low gasoline supplies.  This year it's not the reason at all.  Oil prices are quickly climbing to a $100.00 a barrel.  The problem is that like our bloated real estate market, oil really doesn't co...
10/30/2007
Recently I was clicking through my 400 channels of DirectTV. I happened across the Suze Orman show.  I've been in the financial world for some time now, so naturally I watch with a somewhat jaded eye.  Normally these shows come across as a cross between pop-finance and pop-psychology.  This show ...
10/29/2007
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