The Next Live Session is on: April 12th @9:45 AM (Pacific Time)
Our Services
We offer the most competitive rates and excellent service beyond closing. Guaranteed! PRO.
We offer guidance to real estate professionals, tax professionals, lawyers, and CPA's.
Are you ready to grow your business to
the next level and beyond. Kirk has helped hundreds of businesses and
can help you get there faster.
Our proven track record in solid investments has help hundreds and could help you too. Ask us how!
Kirk is the past President of the Universal City/North Hollywood Chamber of Commerce as well as a former co-chair of the ALFN Commercial Practices Committee. He is active as a speaker and moderator of several trade organizations including the CA Mortgage Bankers Association (CMBA), Mortgage Banking Association (MBA), and the Attorney Legal Financial Network (ALFN). Mr. Jaffe is quoted or has been a guest of several media outlets including: KABC790 Talk Radio, NBC and the Los Angeles Daily News to name a few.
Let Us Know What You Need!
MORTGAGE LENDING
We offer Custom Tailored mortgages for Home or Business!
BUSINESS CONSULTING
Grow your business FAST with our Business Consulting Services!
INVESTMENT CONSULTING - REAL ESTATE ASSETS
Our win/win approach to investing has helped hundreds. FIND OUT MORE!
REAL ESTATE PROFESSIONALS
If you are a real estate professional and are ready to work with a partner with years of experience, you're in the right place.
CPAS, ATTORNEYS, AND INSURANCE PROFESSIONALS
If you have questions about the potential legal implications of real estate transactions for your clients, Kirk Jaffe has the answers!
“What a GREAT guy Kirk is! I highly recommend him and his services all the time and for my own home loan needs. Why would I say that as a Broker myself? Well as a Buyer and a Broker I cannot have my hand into many aspects of the transaction, so I trust Kirk with my financing needs he has yet to let me down! "
"Kirk is my go-to lender. He has worked many “miracle situations” and provides top notch service from start to finish...."
"I have known Kirk Jaffe for many years. Kirk has a stellar reputation. You can see his reviews by going to www.mycity.com/profile/kirk-jaffe."
"When I need any information regarding the Real Estate Financing space for a client, my first call is to Kirk Jaffe. He is knowledgeable, professional, and experienced. He stays on top of cases and follows up with clients. He is a true asset to my business."
"Kirk works hard and well day and night, a kind person and gets it done fast!"
"Kirk did a fabulous job. He walked me thru the process and it was incredibly easy compared to other mortgages I've done. Thanks to Kirk, my house closed in under 21 days, and he got me a great interest rate."
US regulators are flagging JPMorgan Chase, Bank of America, Citibank and Goldman Sachs over the banks’ contingency plans for trillions of dollars in derivatives.
The Federal Reserve and Federal Deposit Insurance Corporation (FDIC) say the lenders’ so-called “living wills” – which in part detail how banks could safely unwind their derivatives portfolios without requiring government assistance – are inadequate, reports Reuters.
For Citigroup specifically, the regulators say shortcomings in the bank’s data management and control systems are corrupting the bank’s calculations on how much liquidity and capital it would need to close derivatives positions in the event of bankruptcy.
The use of derivatives played a central role in the 2008 financial crisis, significantly amplifying systemic risks and triggering widespread losses and instability when the underlying mortgage assets defaulted.
Per Reuters,
“Big banks hold derivatives worth trillions of dollars in notional value and potential changes to how they manage the risk, liquidity or contingent liabilities on those portfolios could be extremely expensive.”
The agency says the banking giants need to “address contingency planning” including how to ensure the lenders can obtain necessary approvals or actions from foreign governments to carry out their resolution plans effectively.
Big banks are required to file living wills due to the Dodd-Frank Act, which passed in the aftermath of 2008.
US regulators are giving the big banks until September to address their shortcomings.
©THE DAILY HODL
Need to reach us? Send us an email or give us a call today.
Kirk Jaffe Enterprises, Inc.
195 Highway 50, Ste 104-476
Stateline, NV 89449