Note Mba

After some initial Election Day banter, Robby and Chase discuss a couple important topics including a recent Florida Supreme Court Ruling. In the case of the legal topic, the Florida Supreme Court finally ruled on the statute of limitation issue presented in Bartram vs U.S. Bank. Long story short, banks now essentially have a do over and experts expect upticks in State foreclosures in the next 12 to 24 months. The guys discuss the future impact and ramifications of this ruling and you’ll be surprised at their thoughts on whether it’ll spread to other States. Their next topic is another fascinating article from the Wall Street Journal titled “Banks Fall Back in Mortgage Lending.” The reason they believe this is so impactful is because of the $50,000 to $100,000 mark where banks don’t really want to lend because of limitations of Dodd Frank. Essentially, this lending range is slowly giving way more to individual investors & smaller funds and there is a great opportunity to build wealth in the near future w