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 MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
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 MoreInstead of a housing bubble, we might be facing a housing shortage. The housing shortage is driven by a vicious cycle: People cannot afford to buy homes, so no houses are built. This drives up the price of existing housing stock and further contracts the market because fewer people are buying as costs increase.
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