July 25th, 2008

A Great Wealth Shift? »

It is no secret that the residential real estate world is experiencing tremendous pain and chaos today. Homeowners are losing their homes. Default and foreclosure rates are higher than they have been in decades. Lenders of all types are incurring huge losses. As a result, the opportunists are starting to get really interested. (more...)

Fraud in the Housing Crisis »

The FBI is apparently having a record-breaking year. It recently announced that it received 30,000 "suspicious activity reports" from Federally chartered financial institutions – just for the first half of the 2008 fiscal year (July 1, 2007 – December 31, 2007). For the entire 2007 fiscal year, it received 46,000 such reports. In other words,

Self-Discipline in the 21st Century »

I once heard someone define self-discipline as the ability to do things today that you don't feel like doing so that some day you can do the things you really want to do. In other words, self-discipline is the strength to prepare yourself for tomorrow. (more...)

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