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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Real Estate Bubble on the Coasts

The difference is that this real estate boom is confined to specific parts of the country; it is not happening on Main Street, and the middle class is not participating.

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