Recently, I wrote an article about confusing acronyms. Real estate-related investing is no different. Two of the acronyms that keep popping up are MBS and CMBS. These common acronyms stand for “Mortgage-Backed Securities” and “Commercial Mortgage-Backed Securities” respectively. They are the vehicles by which our real estate market moves forward.
Mortgage-Backed Securities Read More »
I remember Lucy, an admin that we had at a finance company I used to work at early in my career. Lucy brushed her teeth…a lot. Every time she would drink a beverage or grab herself a quick snack, she brushed and flossed. You see, Lucy was engaged to be married…to a dentist. Teeth were the main focus in her household. That’s just the way it was. Four out of five denists recommend brushing and flossing after you eat anything…well, I’m not sure that it’s four out of five, but that’s what I’m going with for the sake of argument.
Brushing and Flossing Read More »
I really hate drug company commercials. What I hate most is the explaining I must do when a prophylactics commercial pops up in the middle of Dora the Explorer. A close second to that would have to be all the acronyms I’m expected to know. COPD, ED, IBS, ABC, XYZ…I can’t keep up. I’m not a doctor, yet everyone thinks that I should automatically know what IC stands for. Every industry has their acronyms. Unfortunately, every industry also forgets that not everyone understands what they heck people are talking about when they are used.
Acronyms, Acronyms, and More Acronyms Read More »
The saying goes, “The road to Hell is paved in good intentions.” Our society attempts to solve problems by throwing money at them and increasing government regulation. Well, money can’t buy happiness, or solutions for that matter. Neither is government ever the most efficient solution to our problems. The current economic upheaval left in the aftermath of the Covid-19 crisis has only been exacerbated by government intervention.
Chickens Coming Home to Roost? Read More »
