Bruce Norris is joined this week by Cary Pearce. Cary is the sales production manager for Provident Loans, and he has been in the business since 1985. He has closed about 2,500 loans himself, and he has also supervised about $1.5 billion in closing. Bruce and Cary discuss Provident's Inside Lending newsletter, the percentage of the market made up of short sales, the unemployment level, expected GDP growth, the interest rate when Cary first started in the business, jumbo loans and portfolio loans, FHA loans, and more on this week's real estate radio show and podcast.
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