Friday, July 26, 2013

Craig Hill Joins Bruce Norris on the Real Estate Radio Show #340

Bruce Norris is joined again this week by Craig Hill. Craig is the underwriter for the Norris Group’s loan programs. He has been with the Norris Group since they opened, and he has been in the hard money loan business for over twenty years. Bruce and Craig discuss the hard money points and fees and the changes made to the programs, loan-to-value, buy and sell, entities in which investors buy properties, credit worthiness, borrower protection, short sales and REOs, the new potential construction lending program for the Norris Group, and much more on this week's real estate radio show and podcast.

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Friday, July 19, 2013

Craig Hill Joins Bruce Norris on the Real Estate Radio Show #339

Bruce Norris is joined this week by Craig Hill. Craig is the underwriter for the Norris Group’s loan business. He has been in the hard money loan business for over twenty years. Bruce himself has been a customer of his since 1993. Bruce and Craig discuss trust deed investing and their hard money loan program, owner-occupants, the Norris Group's borrower track record, costs involved with the lenders and borrowers, properties they loan on and their condition range, and much more on this week's real estate radio show and podcast.

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Friday, July 12, 2013

Doug Duncan Joins Bruce Norris on the Real Estate Radio Show #338

Bruce Norris is joined once again this week by Doug Duncan. Doug is the senior vice president and chief economist for Fannie Mae. He is responsible for managing Fannie Mae’s economics and strategic research group. In this leadership role Duncan provides all economic housing and mortgage market forecast, analysis, and serves as the company’s thought leader internally and with the external constituent groups. Bruce and Doug discuss shadow inventory, the delinquency level, the year-over-year price program, the Fed's monetary policy, the psychology of the market, the amount of mortgage-backed securities owned by the Fed, Fannie Mae's current policies, the general consensus for owning a home, and much more on this week's real estate radio show and podcast.

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Wednesday, July 3, 2013

Doug Duncan Joins Bruce Norris on the Real Estate Radio Show #337

Bruce Norris is joined this week by Doug Duncan. Doug is the senior vice president and chief economist for Fannie Mae. He is responsible for managing Fannie Mae’s economics and strategic research group.In this leadership role Duncan provides all economic housing and mortgage market forecast, analysis, and serves as the company’s thought leader internally and with the external constituent groups.Doug was recently named one of the 50 most powerful people in real estate. He has been a friend to investors and has invited them back to talk with Fannie and FHA about loosening up some of the loans that were given to investors. Bruce and Doug discuss how investors are a critical part of the market, the concern downward pressure on prices should people exit, Doug's paper "Unusually Uncertain," the question of whether it is a good time to sell, the lag in the consumer understanding of prices, the price recovery in California, underwater homeowners, and much more on this week's real estate radio show and podcast.

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