Archive | Finances

man reading mortgage headlined newspaper


Disintermediation: “This is the relatively sudden withdrawal of substantial sums of money from savings and loans, banks, etc.” It could be an interesting number to watch in the coming months. Disintermediation occurs when inflation rates are high and bank interest rates are stagnant. The depositors believe that they can get better returns by investing in […]

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Many People In Real Estate And Banking Have Extremely Poor Views Of The Consumer Financial Protection Bureau Too expensive, too regulatory, waste of taxpayer money. As most of you know, it was a product of the Dodd Frank Act. However, they have recently produced some great source materials for everyone, especially for young people starting […]

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Insurance Home House Live Car Protection Protect People Concepts


Dennis Smith: Author, Chef, Financier; Co-Owner/Broker at Stratis Financial, Huntington Beach; MLO Student Question of the Week Why is mortgage insurance a good thing? Answer Last week in the Weekly Rate & Mortgage Update we discussed if home buyers should wait until they have 20% for down payment before purchasing (you can read the WR&MU, […]

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business woman drop dollars in the air

Time to Check Unclaimed Money Again

Every Year, I Post A Link Concerning The Vast Amounts Of Unclaimed Money With The State Of California Every year, I get an email from someone who took less than a minute to enter their name or name of relatives, friends, etc. They will tell me that they found some money for someone dear to […]

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Wells Is In The Penalty Seat Again

Wrote This Article On Thursday And An Announcement Came Out On Friday It is a done deal. After all the troubles that they have had over the recent years, they are now in “early stage discussions” with the Consumer Financial Protection Bureau over possible new penalties. These problems stem from their practice of charging for […]

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Another Bank Pays The Piper

This One Is Barclays, A British Bank Surprise, the Brits are right in there with Countrywide. As an aside, every time I see the word Piper, I think back to college years and on several Sunday mornings my mother would look at me and say, “Those who dance must pay the Piper”, and yes it […]

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