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
Life changes, often exciting and sometimes challenging, at times can be overwhelming. This is especially true when it comes to financing them. If you have made the decision to or are considering selling a mortgage note, it may feel like it falls under that umbrella of overwhelming, but it doesn’t have to. The very first
It wasn’t long ago that we celebrated the coming of new year – we watched the ball fall, made some resolutions and some noise, and toasted to 2013. Starting fresh is what the new year is all about. While we do reflect on the past, for example how we capped off 2012 with a tumultuous
As our national and global economies continue to be battered by nasty headwinds, it is useful to step back and gauge the place in which our economy rests. Is the economy showing real growth, are we in a full recession, or somewhere in between? In my mind, we can clearly cross out the first option.
On the surface, the U.S. economy seems to be turning around. Many of the TV talking heads say so! Heck, the U.S. added 120,000 jobs in November, bringing the unemployment rate down to 8.6%. On top of that, retail sales from the Thanksgiving weekend were stronger than expected and manufacturing in the U.S. has been