CMBS Part III: Incentives and Conflicts of Interest
Monday, August 15
The theory behind CMBS is one thing, but reality is often something else. In this final part of our three part series, we’ll discuss three primary issues of concern with how things often play out in the real world. This article will make more sense if you’ve already read Part I: Basic Structure ...
CMBS Part II: Opportunities through Tranching
Monday, August 01
This article will make more sense if you’ve already read Part I: Basic Structure that explains what a CMBS is, which introduces a case example that will be referenced below. The Concept of Tranching Remember how once Max sold Julie’s loan to Mateo, Max no longer had to worry about whether or not...
CMBS Part I: Basic Structure
Sunday, July 17
Commercial Mortgage Backed Securities can be rather confusing. Today, my goal is to provide a quick and simplified overview of what a CMBS is. Whether this is a review or a first-time explanation for you, my goal is to describe the structure and the intent in as plain and simple a manner as poss...
Interesting Legal Issues and Unusual Laws
Sunday, July 03
This article is essentially a “did you know” of different legal issues. Below we’ll cover whose best interests a real estate broker has in mind, a legal nuance in some states that can help you avoid creditors, and some generally unusual local regulations. Whose Agent Are You? When people purchase...
How Governments Play with your Money for Their Own Benefit
Monday, June 20
In this article we’ll discuss the history and meaning of both fiat money and fractional reserve money. These technical issues help to explain how the US Treasury can basically create money at will and how their decision to do so impacts all who use that money. If you haven’t already, you may want...
What is Money and Where did it Come From?
Monday, June 06
Though we all use money on a daily basis, the knowledge we have about the subject in most cases would barely scratch the surface. Below is a short summary of the history of how we moved from a system of bartering to one of using paper bills. The US Government Can’t Define What Money Is Sometime i...