Sentencing Finally saw an article where a mortgage executive was sentenced to a jail term for bank fraud during the financial crisis chaos. Michael Ashley’s company, Lend America, imploded to the tune of $49M in losses in 2009. His sentence: 3 years in prison, $49M in restitution, and a forfeiture of $800,000.00. The judge did […]
Why, You Ask? One Major Reason: Test grades: Three years ago, the passing rate for Broker’s exam was 39%Two years ago, the passing rate was 41%Fiscal year to date, the passing rate is 56%For the math majors this is an improvement of 44% DGE Guarantees That You Will Pass Or Your Fees For Our Crash […]
We Are Approved To Give Presentations By: California Department of Real Estate: Real Estate License Renewals, Real Estate Courses to Qualify to take the State Exams for Salespersons and Brokers licenses. California Secretary of State: California 6 Hour and 3 Hour Notary Courses. And Crash Test Prep courses for all licenses. We Present Our Exclusively […]
Our success as a company is based on one important factor: We have outstanding instructors in all different topics. Minnie Lush Today, I want to highlight a special one, Minnie Lush. Minnie has been doing seminars for DGE for many years. The students adore her, the hosts admire her, and our staff loves her. She […]
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DGE 1. We have the best instructors. 2. We have the most current and most valuable materials. 3. Best in the West; in business since 1963 so we have learned a thing or two. Our procedures are organized to save you time and worry. 4. Been a member of BBB for almost 60 years and […]
Cost vs Value When you take a class LIVE there will be more cost than an online course, which is understandable. Speakers must be paid and meeting rooms must be rented. BUT, there are many logical advantages: 1. You do not have to be on a boring computer for long periods of time. One day […]
Department of Business Oversight Found this information in a strange place, on the Department of Business Oversight website. This is the Department which licenses almost everyone in California (they do not license DRE applicants since July 2018). I was reading the May Revisions to the 2019-2020 Budget that became effective on July 1, 2019. The […]
Membership It was interesting to me to read the NAR 2018 Year in Review on their website. Some facts: There were 1,359,208 members and they worked with 8,871,992 consumers in 2018. Causes NAR contributed $24.85M to political causes. So, each of us Realtors contributed $18.28 to various causes. Hope mine went to a cause that […]
Jumbo vs HECM It is rather simple. It is a larger Reverse Mortgage than the HECM (FHA-Home Equity Conversion Mortgage) everyone has been talking about. These loans are particularly interesting in California because of our higher median prices on homes. Even I have noticed that. What is different in a jumbo? Larger funding limits, in […]
Sanctions The DRE sanctions hundreds of licensees monthly. Some serious mistakes and some that are not so serious. The information is posted monthly to the DRE website and remains there forever. I miss seeing the rulings in the quarterly bulletins. First thing we all used to read. This is similar to the CAR Wall of […]
