Industry Updates


February Industry Update
Greenstream Funding Group, LLC.

As most of you know, I have spent most of my life in the securities industry.  Although you probably know me as a mortgage broker, I spent the last half of the 1960’s through the end of the 1980’s working with the largest and most respected securities firms.  It is my considered opinion that it is time for a re-assessment of risk/reward relative to debt instruments secured by real estate.  The intelligent management of equity as it exists in real estate assets remains a primary goal, however the design of debt instruments used to accomplish that goal, I feel, should be carefully selected. learn more »


January Industry Update
Greenstream Funding Group, LLC.

In my last monthly update, I tried to articulate the likely cause and expectation of higher long term interest rates.  My timing was perfect.  Within a week, the Federal Reserve had again reduced the discount rate.  I received calls from clients asking why I thought rates were going up, when in fact the Fed was reducing rates?  Those conversations always amounted to an attempt to explain the difference between long term and short term rates, and why in normal times the short term rates are lower than long term rates.  And then we would move to a conversation that went something like this; “I looked at CNN Financial News and saw that the bond market was up, and I felt good.  Then on CNBC they said that rates were down.   How can that be?” learn more »

 
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