We’ve mentioned Wells Fargo several times on this blog. Most recently, I mentioned them in my Thinning the Herd post on October 10th and touched on their expected 10% employment reduction by the year 2022. Today they make headlines again (TWICE in fact), and for very different reasons. The first: Their commitment of $1.6 billion to help revitalize Washington D.C. The second: They’ve been ordered to pay $65 million for lying to investors about fake accounts. Let’s start with t

Back on March 8th of this year, HousingWire first reported that Amazon (yes, THAT Amazon) was looking to hire an individual to lead their newly-formed mortgage division. Previously, it was assumed that the online shopping giant would start with offering checking programs, and then possibly move into debt-based products after establishing themselves. But it seems they’re priming themselves to take the leap as we speak. Yesterday at the MBA annual convention, representatives fo

Happy Wednesday everyone! I hope the first week of the NFL regular season treated you well (unlike us here in Pittsburgh), and week 2 is right around the corner with the Ravens headed to Cincinnati tomorrow night. We’re almost mid-month, and I think this is a great time to talk market outlook. Freddie Mac is reporting rates are looking better than they were since this past April (great news), so it could be a great time for potential home buyers to re-check the market. Same g

No matter what industry you find yourself working in, whether it be medical, technology, or housing… it’s almost a guarantee there’s some sort of professional conference that you can involve yourself in. There’s the Agents of Change Summit in San Diego, the famous SXSW tech conference in Austin, and our friends at HousingWire will be hosting their engage.marketing conference September 13th & 14th. As mentioned before, we here at Princeton Mortgage Wholesale will be attending

That’s what I look like when I hear the words ‘market correction’. It’s simple cause end effect. An action is taken, and a result is produced. What happens when housing prices drop? A chance for investors to stack some bills. Like some other ambitious 20-somethings, I have a good friend who’s been toying with the idea of buying a house for the past two years. We’ve always had serious intentions in purchasing investment properties and already have (the beginnings of) plans in

I know it, you know it, everyone knows it. There’s a market correction coming in between 2019-2022. Our economy is artificially propped up and it’s currently teetering on its stilts. The last time the Dow Jones lost over 54% of its value was from 2007-2009. If we’re in for another roller coaster ride like that, there will be a few headaches before we get off. But should everyone be screaming? Who will make it through the ride just fine? You may be saying ‘Just fine? Our prope

Just before the walls started to close in around Luke, Chewy and Leia... Han muttered the iconic phrase, “I’ve got a bad feeling about this..." Unless the soaring housing prices have caused you to live under a rock, you’re probably aware we’re in the early stages of what some experts are calling a ‘trade war’. On July 3rd, the administration of President Donald Trump officially imposed tariffs on $34 Billion worth of Chinese goods. There are threats of tariffs as high as $800