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Yogi Berra said... "You can see a lot just by looking up."
Last week I had the opportunity to visit our corporate office in Pennington, NJ. I felt the pressures of doing business on the road but...
Frank Granata, Princeton Mortgage Wholesale
Aug 6, 20182 min read


The Difference Between Amateurs and Professionals
Earlier this week, our CEO, Rich Weidel sent me a list of differences between what makes someone an amateur versus what makes someone a...

Princeton Wholesale
Jul 25, 20182 min read


What is the American Dream today?
As I sat down to right the blog this morning I began struggling with the very question that I pose in the title. What is the American...

Princeton Wholesale
Jul 9, 20183 min read


What was the American Dream?
First and foremost, I would like to apologize for the delay in getting the blog back up and running. As I mentioned in my last post we’ve...

Princeton Wholesale
Jun 27, 20183 min read


Is the mortgage industry just playing the victim card?
As you’ve probably noticed in the past few weeks our blog posting has become a bit irregular. You can blame it on a variety of different...

Princeton Wholesale
Jun 14, 20182 min read


Like gas prices… the cost to originate a mortgage is going up.
$8,957. That was the per loan cost to originate a mortgage in Q1 of 2018. We haven’t seen the costs this high since 2013 – 2014 and it...

Princeton Wholesale
Jun 11, 20182 min read


3 lenders get the boot from the VA Program; Franklin American is now owned by Citizens Bank
Last Thursday, Ginnie Mae announced their new stipulations for lenders originating VA refinances. Under the new guides, all refi’s...

Princeton Wholesale
Jun 4, 20183 min read


Ooh, and it's alright and it's coming along… We gotta get right back to where we started fro
In February 1976 Maxine Nightingale’s version of “Right Back Where We Started From” hit #2 on the Billboard Hot 100 list… so what’s that...

Princeton Wholesale
May 25, 20182 min read


President Trump to the rescue?
Yesterday, the leader of the free world did what he tends to so often… talk. However, what he said (meeting with North Korea probably...

Princeton Wholesale
May 23, 20182 min read


The MBA Secondary Conference & The Royal Wedding… what a weekend!
How was your weekend? For me, it was jammed packed… after finishing up a long week, the team and I took in a few libations at a local...

Princeton Wholesale
May 21, 20183 min read


Let’s dive back into the details today...
Over the past week or so we’ve diverted our attention off the details of the mortgage industry to discuss more whimsical topics… like the...

Princeton Wholesale
May 16, 20183 min read


The Paris of Appalachia… Pittsburgh, PA
In 2009, Brian O’Neill wrote a book title, The Paris of Appalachia: Pittsburgh in the Twenty-first Century. He leads off the book with...

Princeton Wholesale
May 14, 20182 min read


Amazon and Apple continue their world domination as they look to enter the real estate and mortgage
In March we heard reports that Amazon is quietly looking to hire the head of their new mortgage division… like the search for their HQ2...

Princeton Wholesale
May 11, 20182 min read


The refi market struggles for air while the economy experts tell us not to despair!
First and foremost, sorry for the corny title this morning. Over the past few months it’s been increasingly difficult to find up beat...

Princeton Wholesale
May 9, 20182 min read


What a team and what a day…
Yesterday, the team here at Princeton Mortgage (Pittsburgh) ran the 10th Annual Pittsburgh Marathon. I must say that for five guys that...

Princeton Wholesale
May 7, 20182 min read


What nickname are we going to give to the next recession?
It’s funny to me that as a nation we can’t just bask in the fact that our economy is strong. It’s good right now. It’s healthy (kinda)....

Princeton Wholesale
May 2, 20182 min read


Freddie Mac’s 3% down program & the CFPB amends the “Know Before You Owe” rule.
Last Thursday, Freddie Mac released a new conventional 3% down program. The program is designed to help qualified first-time homebuyers...

Princeton Wholesale
Apr 30, 20182 min read


The bond market is on the rise; What’s the impact of the Wells Fargo settlement?
The 10-year Treasury Note is about 25bps from hitting 3%. This is the 10-year’s highest level since January of 2014. Okay? So, what does...

Princeton Wholesale
Apr 23, 20182 min read


Two words that aren’t friends… patience & mortgage
So, it’s April… and there is still snow in the weekly forecast… sweet. It looks like we need to remain patient for the official close out...

Princeton Wholesale
Apr 16, 20183 min read


Employment numbers on the rise in the mortgage industry; Student loan debt is still weighing down po
In 2016, refinances made up 50% of mortgage transactions. In 2017 they made up 35% and with rates on the rise in 2018 we’re going to see...

Princeton Wholesale
Apr 9, 20182 min read
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