Wealth Lesson from Charlie Munger
Wednesday, February 02
I am currently reading a great book recommended by Tim Ferriss, author of “The Four Hour Work Week” & more recently “The Four Hour Body”. The book is called “Poor Charlie’s Almanack- The Wit and Wisdom of Charles T. Munger by Charles T. Munger. Charlie Munger is the lesser know genius behind ...
Bad News is Good News for Smart Note Investors
Friday, December 17
Brian Collins from National Mortgage News wrote an article detailing the weakness of the business model at the loan servicer level. Wednesday Nov. 24th, 2010 http://www.nationalmortgagenews.com/nmn_features/hard-for-servicers-1022271-1.html Residential servicers are under siege from regulators, s...
Investing in Defaulted Mortgages
Friday, December 17
Defaulted mortgages occur when the individual does not make payments for their mortgage and the loan is considered to be in default, where investor who holds the note has the authority to foreclose on the property. defaulted notes, non-performing paper, are some of the names of non-performing n...