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Josh Teti
Mar 27, 20183 min read
Remember LEGOS? Well they might be building (real) houses soon…
Over the past decades, there have been some incredible entrepreneurs and innovators that have helped advance technology, create new...
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Princeton Wholesale
Mar 26, 20182 min read
Homeowners have more equity than ever; Fannie & Freddie pass go… please collect $4 billion dolla
A few months ago, we chatted about the refi market and how homeowners are sitting on mounds of equity thanks to the rising home values....
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Matt Pfrommer
Mar 23, 20183 min read
Something's Gotta Give
As I look out the window and see snow everywhere, it’s hard to believe that spring has sprung and the housing market is bracing for the...
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Josh Teti
Mar 22, 20183 min read
This Week Today with Josh Teti… blog edition
Good morning to everyone out there, and I hope you’re having a great week so far! We’ve had quite a busy one, not only inside our...
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Rich Weidel
Mar 21, 20182 min read
Be A Player, Not A Victim
Are you a Player or a Victim? As CEO of Princeton Mortgage, I have three major responsibilities: 1) Get the culture right; 2) Get the...
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Charles Howell
Mar 20, 20182 min read
Are Millennials just late bloomers?
For much of us in the north east, the first day of Spring is ruined by depressing winter weather warnings. When will it start to feel...
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Princeton Wholesale
Mar 19, 20182 min read
Searching for positivity in the mortgage industry as Q1 winds down… I’m still looking.
Tax reform (for some) has made owning a home more expensive, refinances are down 34% from last year, it’s a purchase market, but we’re in...
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Princeton Wholesale
Mar 16, 20183 min read
Not so fast… FNMA prepares the release of DU 10.2; Is your bracket busted yet?
“After assessing the profile of loans delivered to us since the DU 10.1 changes went into effect, we are fine-tuning DU’s risk assessment...
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Matt Pfrommer
Mar 15, 20183 min read
Bipartisan Support at the CFPB?
When the CFPB director stepped down, it caused a mess that resulted in lawsuits and two directors showing up to work on the same day. ...
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Josh Teti
Mar 14, 20183 min read
Macro patience = long-term success (and staying out of jail)
Have you ever watched American Greed on CNBC? How about the newer show on Netflix called Dirty Money? If you’re not aware of the general...
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David Star
Mar 13, 20182 min read
Housing prices are outpacing wages... great!
After Matt Joy’s important, but long post yesterday… I figured today we’d keep it short and sweet for our readers! There have been two...
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Princeton Wholesale
Mar 12, 20183 min read
The Mortgage Broker Renaissance
In Adam McKay’s adaptation of Michael Lewis’ ‘The Big Short’, the mortgage broker is depicted as a smooth-talking con-artist that has...
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Josh Teti
Mar 9, 20182 min read
Amazon’s Latest Move… Mortgages
For those of you that have been following our blogs (we appreciate the support!), back in January I wrote about Amazon's search for HQ2...
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Charles Howell
Mar 8, 20182 min read
Risky Business
When you do a quick scan of mortgage related news and current events online, you’ll be overwhelmed with the amount of gloomy housing...
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Princeton Wholesale
Mar 7, 20182 min read
The White House Employee Carousel Continues; The Senate takes on the Dodd-Frank Act
Come senators, congressmen Please heed the call Don't stand in the doorway Don't block up the hall For he that gets hurt Will be he...
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Matt Pfrommer
Mar 6, 20182 min read
Same Soup, Different Day
The Secretary of Commerce, Wilbur Ross, let everyone know on Friday that the new steel tariffs would only increase the cost of a can of...
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Princeton Wholesale
Mar 5, 20182 min read
MI companies aren’t in love with 50% DTI; Atlanta or Virginia for Amazon HQ2?
Private mortgage insurers MGIC and Genworth have announced that any mortgage insurance application received on or after 3/1 for MGIC &...
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Princeton Wholesale
Mar 2, 20182 min read
1… 2… 3… 4… Trump declares a trade war?
Greetings from New Jersey! To top off an already jammed pack week our Operations Manager, Matt Pfrommer and I will brave Nor’easter and...
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Josh Teti
Mar 1, 20182 min read
The Great Recession…have we learned our lesson?
Think back 10 years ago to March 2008 (yeah I know, it’s March already?!). I was in college getting pumped for spring break in Florida...
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Princeton Wholesale
Feb 27, 20182 min read
Is it time to panic?! New home sales dip in January… but we’re going to be okay.
As we head into the last month of the quarter it seems to me that all we’ve heard about in the industry are the rising interest rates,...
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