A composite measure of DM banks’ lending standards shows they are the tightest since 2009. Tighter credit conditions will be an impediment to central banks’ preference to keep rates “higher for longer.”
US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of several high-profile bank collapses that risks damaging the economy.
The company strived to be No. 1 and once churned out a third of all U.S. mortgages. But it’s cutting ties to outside lenders after years of regulatory struggles.
Wells Fargo & Co. said it’s weighing the size of its mortgage business in the face of a “dramatically smaller originations market” as home buyers retreat from higher interest rates and lending capital grows more scarce.
SPECIAL PRESENTATION … Boots-on-the-Ground Market Insights: Perpetual Wealth Strategy Tools are useful … if the person using the product knows how to use it. In this episode, we hear about an interesting approach to preparedness and opportunity. Patrick Donahoe and Russell Gray dig deep on how investors can not only educate themselves but strategically position themselves in a defensive role …
Boots-on-the-Ground Market Insights: Perpetual Wealth Strategy Read More »
Ten amazing days … over 200 people … studying, sharing, learning, growing, and partying … that’s the Investor Summit at Sea! For 17 years, the Summit at Sea has been the highlight of our year … and we’re excited to share a piece of it with YOU. We’ve gathered some of real estate’s most successful …
We’re back again to tackle the questions we missed in our last Ask The Guys episode. We love these episodes and the opportunity we get to talk through some of YOUR real-world investing opportunities and challenges. We hear from listeners dealing with tenant damage and security deposits, 1031 tax-deferred exchanges, nontraditional lending ideas and TONS …
Ask The Guys – Cash Offers, Crappy Properties, and More Read More »
Protecting your money in today’s highly uncertain economy is surely very challenging. Remember when real estate equity and bank accounts were considered among the SAFEST places to keep your savings? Today, real estate equity has disappeared – and for many people even getting access to whatever equity they still have is next to impossible. Boy, …
8/22/10: What is Your Risk Paradigm? A Life or Debt Decision Read More »