Shashank Shekhar is the CEO of Arcus Lending, one of Inc. 500's fastest-growing companies in America. Author of the best-selling book "My First Home," he is a sought-after speaker at industry events and is frequently quoted in major media networks like CBS, FOX, The Washington Post and Bankrate.
The role of mortgage-backed securities, rating agencies, prudential regulations, and housing policies have been debated at length and quick conclusions rather than a much-needed empirical evaluation have led economists and market pundits to dub the Great Recession a Subprime Crisis. But a recent paper by MIT researchers says they’re wrong. Here’s why, and what it means for the future.
I got into the mortgage business in 2008, possibly the worst year for the financial markets. I was armed with three people in my sphere of influence and $1,900 in capital. Fast-forward a couple of years, and my company posted an astronomic three-year growth of 987%. While most successes can't be attributed to just one factor, in my case, personal branding played a huge role. Here's how I did it, and some tips on how you can do it, too.
Brickman takes to helm of one of the largest mortgage companies in the U.S. today, and while times at the government-sponsored enterprise are filled with uncertainty, Brickman sees nothing but excitement for the future of Freddie Mac.
When buying a home, many Americans consider a 20% down payment to be the norm, the ideal amount of money to put down to get a conventional mortgage with no private mortgage insurance and to keep monthly payments reasonably affordable.