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.”

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Is There a Real Estate Bubble or Not?

Instead 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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