After two years of Obama…Here’s your change! January 2009 TODAY % chg Source Avg.. Retail price/gallon gas in U.S. $1.83 $3.704 79.6% 1 Crude oil, European Brent (barrel) $43..48 $105..02 147.7% 2 Crude oil, West TX Inter. (barrel) $38..74 $104.78 155.9% 2 Gold: London (per troy oz.)5 $853.25 $1,469.50 70.5% 2 Corn, No.2 yellow, Central …
Grant asks, How would hyperinflation impact the note business? ————————————————————————- Recently in THE PAPER SOURCE JOURNAL I have been writing about your timely question. Hyperinflation would of course reduce the value of notes. If you create notes you should absolutely have inflation adjustment in the payment terms, that being a gold clause; I’m not a fan …
They want a new Muslim leader…. I say give them ours. Solves 2 problems.
I’ve received a lot of emails from people telling me how much they got out of the teleseminar with Lisa Moren-Bromma on Wednesday. If you missed it, you can hear the replay at www.PaperSourceOnline.com/teleseminars There’s some annoying chiming in the first few minutes (signalling when people were joining the seminar) but I figured out how …
http://www.foxbusiness.com/industries/2011/03/01/regulators-close-new-safe-mortgage-standard/ Financial regulators are closing in on a new rules for mortgages that would toughen standards for some homebuyers but still allow others to purchase a property with a low down payment with government support, officials said Tuesday (3/1/11). The compromise plan, first reported by American Banker, is designed to avoid inflicting any serious damage …
Regulators Close to New ‘Safe’ Mortgage Standard Read More »
by Lorelei Stevens When I was young and just starting in the note buying business, I went to a lawyer to get some advice. The first thing he told me was this: “Always remember, Lorelei, every note seller is a liar and a crook.” I was shocked to hear him say such a thing. I …
We should have known it by the name… You’ve seen and smiled at the Progressive Insurance TV commercials. Well, you’re about to learn the rest of the story: PROGRESSIVE AUTO INSURANCE You know their TV commercials, the ones featuring the ditsy actress all dressed in white. What you might not know is that the Chairman …
by Michele Robbins, CPA “Second Tier” Note Investors Next are “second tier” cash flow note investors. These are companies that purchase notes, usually with their own funds or lines of credit, but are in the business of trading the paper immediately or within a fairly short time of purchasing the paper. Many times the notes …
Beware Of These Cash Flow Note “Investors” Pt. II Read More »
“Winston, come into the dining room, it’s time to eat,” Julia yelled to her husband. “In a minute, honey, it’s a tie score,” he answered. Actually Winston wasn’t very interested in the traditional holiday football game between Detroit and Washington. Ever since the government passed the Civility in Sports Statute of 2017, outlawing tackle football …
Wednesday (Feb. 2) the US Senate voted to repeal the expanded Form 1099 reporting requirements that were part of last year’s health care law. The vote was 81-17 in favor of repeal. The move has broad support because the Form 1099 rules, which are set to require businesses to report any purchases of more than …
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