Latest Story

Utilities

By admin

The availability of adequate energy, water, and waste water treatment at a reasonable price is basic in attracting new industries. Availability of electricity or natural gas at the industrial site, utility rates, anticipated future supplies, and policies for line extensions, and fire protection and insurance rates are all considerations for managers seeking new plant locations.
Water… »

Industrial Site

By admin

A building site must be available in the community to attract new industry. The site must be either owned by the community or contractual arrangements must be in place to obtain the property once the location decision is made. The site must be well drained,… »

Online Mortgages

By admin

Web portals are as guilty of making extra profit on your loan as any loan originator on the street.  If you search for a loan on the web, you will run into two different types of companies.  One is a list broker.  They are not… »


The Mortgage Industry’s Dirty Little Secret

By admin

Now, let me tell you the secret no broker or bank wants you to know.  Almost every loan has at least 2% (or 2 points), and more often than not,… »

Bank vs. Broker

By admin

Profit is made when the loan moves from retail to wholesale.  The mark-up or profit on a loan originated by a broker is made when the loan closes.  This extra… »

Choosing the number of volatility factors

By admin

The HJM framework has the advantage that it allows seamless extension from one to several sources of uncertainty. The choice of number of volatility factors to use is driven by… »