Hear no evil, speak no evil, and see no evil. Should that be the new slogan of the U.S. general public, as we allow our politicians to rip apart the economy of our country? While we know that most politicians ignore reality, history, and basic math, the American public seems to do much of the
Over the past several years, the U.S. has emerged from the depths of a recession to a full-fledged fake recovery. On the housing side, real estate investors, buyers of mortgage notes, and Wall Street have seen the good ‘ol days return as home prices zoom once again. In earlier articles in this space, I’ve discussed
We’re bubbling over yet again! On the surface, the economy looks reasonably strong with home prices and the stock market soaring, retail sales climbing, and unemployment slowly declining. You and I, as people who like to peek under the media veil, know that the foundation underlying the economy could hardly be weaker. Government spending of
The article below appeared in the Wall Street Journal last week and was written by Richard Vedder. While it does not directly impact mortgage buyers or owning real estate notes, it is an interesting commentary about the effect of government handouts. Reprinted with permission. From the mid-17th century to the late 20th century, the American
Although this article does not deal directly with real estate, mortgage notes, or mortgage note buyers, overall economic conditions and state regulations affect all of these areas and more. I share the information below to make the readers aware of what is happening in California and the path that we are heading down. Leading up
