Some Ugly Truths BOFI Fans Do Not Want to Hear
The reality is you are getting a 2005-style jumbo mortgage lender (with other odd high risk loans) funded primarily by high cost brokered deposit.”
Read More
Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
mortgages
Is Bank of Internet a Value Investment?
The number of delinquent loan balances at BOFI doubled between June 30, 2014, and September 30, 2014, which indicates that the bank’s loan book could quickly melt down.
Read MoreIt Is Easier to Pay off a Mortgage than Student Loan Debt
tudent loan debt is now the most insidious and destructive form of obligation in America. It’s worse than mortgages and possibly even a greater threat to economic stability and individual futures than subprime mortgages were.
Read More