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LA homeless man builds makeshift home next to freeway: 'It's in good condition'
LOS ANGELES -- Nestled along the 110 Freeway, near a Los Angeles neighborhood, sits a community of homes, but it's not what you'd expect. The homes, which are mostly makeshift structures made out of ... ...more
Investments ,Mortgage News
April 22, 2024•2 min read
I bought a duplex as my first home. I still have a mortgage, but I only pay around $900 a month and have no regrets.
This as-told-to essay is based on a conversation with Dominique Raroha, a 29-year-old working in insurance in Sicklerville, New Jersey, which is about 23 miles outside Philadelphia, who bought a duple... ...more
Business ,Mortgage News
April 21, 2024•6 min read
Freddie Mac Adds New Underwriting Standards to Combat Fraud
Freddie Mac Adds New Underwriting Standards to Combat In its most substantive rule update since implementing new measures last November to remove brokers from the due diligence chain in loan documenta... ...more
Investments ,Mortgage News
April 17, 2024•2 min read
Banks’ Exposure to CRE Loans by Bank Size
When CRE hits investors, fine, they were paid to take those risks. But we’re a little more squeamish when it comes to banks. Commercial Real Estate loans amount to about $5 trillion. Not all CRE sect... ...more
Business ,Investments &Mortgage News
April 17, 2024•4 min read
U.S. Money Supply Is Doing Something No One Has Witnessed Since the Great Depression, and It Foreshadows a Big Move to Come in Stocks
M2 money supply hasn't made a move this pronounced since the early 1930s. When examined over long stretches, the stock market can't be beat. While other asset classes have produced solid nominal gain... ...more
Business ,Mortgage News
April 08, 2024•7 min read
Fed members' updated interest rate outlooks rock markets
Federal Reserve Chairman Jerome Powell wants to cut interest rates this year. He's been saying it regularly all year. But remarks from Fed officials Thursday suggested the when of rate cuts may not ... ...more
Business ,Mortgage News
April 06, 2024•3 min read
Justice Department Says It Will Reopen Inquiry Into Realtor Trade Group
The Justice Department will reopen an antitrust investigation into the National Association of Realtors, an influential trade group that has held sway over the residential real estate industry for dec... ...more
Mortgage News
April 06, 2024•5 min read
The Hidden Trigger for Federal Rate Adjustments and Its Impact on Home Buying
If you are watching the headline news and wondering when the Fed will lower rates, Tall Pinze Advisory (a sister company to KJE Inc) has the update. The two charts here show that US Consumer Spending... ...more
Mortgage News
March 29, 2024•1 min read
Anti-squatting 'professional' celebrates Florida ban, as other state laws frustrate homeowners
The practice of squatting — or living in a home against the wishes of homeowners, often being protected by Byzantine civil statutes — is becoming a trend in the U.S. However, upon the passage of a bi... ...more
Business ,Mortgage News
March 28, 2024•3 min read
Gov. Cox ‘giddy’ at housing bills passed this session
Utah Gov. Spencer Cox said first-of-its-kind legislation will help pull the state from a spiraling housing crisis and will set a pattern for the rest of the nation. “This is the biggest housing packa... ...more
Investments ,Mortgage News
March 19, 2024•5 min read
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Kirk Jaffe Enterprises, Inc.
195 Highway 50, Ste 104-476
Stateline, NV 89449