Sengdao Vongruksukdi's Blog

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Real Estate Agent - Starlight Realty Certified REO & Short Sale Specialist

ARCHIVED BLOG POSTS

2011 

The Securities and Exchange Commission late Friday charged three former senior executives of IndyMac Bancorp with securities fraud for misleading investors about the alt-A giant's deteriorating financial condition. Once a unit of Countrywide Financial Corp., IndyMac was actually the brainchild of...
02/12/2011
I suspect that no one will argue that employee trust is a good thing. Sometimes there can be some surprises, though, when questions are asked about what exactly the payoff might be. In Deloitte's 2010 annual Ethics In the Workplace survey, subjects were asked to choose two of five factors they fe...
02/12/2011
New York Mayor Michael Bloomberg and district attorneys have created two new programs developed by the Financial Crime Task Force to stop mortgage fraud transactions from taking place in the five boroughs. "One of the repercussions of the housing crisis has been an increase in the number of mortg...
02/12/2011
At age 19, his application to Harvard Business School was rejected. He was devastated at the time. However, exploring other options, he quickly regrouped and sent in a late application to Columbia, where two investment experts that he admired were teaching. He was accepted. There he learned the v...
02/11/2011
Whether your an Apple fan or not, you have to pay attention to what Steve Jobs has done for Apple. To be honest, I've been amazed by what he has accomplished. From "Inside Steve's Brain" by Learner Kahney... "Jobs pulled Apple from the brink of bankruptcy, and in ten years he's made the company b...
02/11/2011
Sorry - They Don't Work Here Anymore Wouldn't that be a horrible thing for one of your clients or customers to hear? We work so hard to get clients in today's fast paced world, why would we want to send them away?Can the people you want to find you actually find you?Are you sure that if someone c...
02/11/2011
Everyone who knows me knows I'm a positive thinker. I always - and I mean always - see the glass half full. Yes, some days that's a little harder than others. There's been an avalanche of negative media attention on real estate over the last couple of years.  If you paid close attention to all th...
02/11/2011
On Friday morning when the world sees the Treasury Department's 'white paper' on restructuring Fannie Mae and Freddie Mac, citizens may ponder whether President Obama has switched political stripes. As one mortgage analyst told us: "The government is basically walking away from housing - except f...
02/10/2011
Vulture fund PennyMac Mortgage Investment Trust on Thursday said it will sell 8 million additional shares of common, using some of the proceeds to purchase $250.5 million worth of whole loans. As part of the offering, PennyMac has granted its underwriter the right to buy 1.2 million additional sh...
02/10/2011
The Department of Housing and Urban Development has issued a mortgagee letter establishing a procedure for when counseling agencies can waive the fee for Home Equity Conversion Mortgage counseling services. The ability for these agencies to collect a fee was established in HUD mortgagee letter 20...
02/10/2011
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Sengdao Vongruksukdi

Newport Beach Real Estate
local_phone(949) 650-4746
smartphone(949) 244-1597
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