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Brownstone's featured
"Book of the Month" Review for September 2011
This month I have reviewed a book entitled The House of Cards by William D. Cohan. It is a Wall Street related Mortgage book that I think can be educational for Note Brokers.
One of the benefits from reading these financial books is that it initiates thinking and creativity, at least that is what I have found. One of the discoveries I have made in reading about Wall Street and the Mortgage Market is the perspective from which Wall Street views the world. They look at the entire world as their market place. We, on the other hand, have a tendency to view our Mortgage Market locally.
Since 2007 and 2008, I don't think we can afford to view the real estate market as a local phenomenon. The finacial world has become so inter-connected that to not consider events in Europe may directly impact the Mortgage and Real Estate Market in, say, Arizona. At least it is something to think about.
I hope you get around to reading this book. As always, if there is a financial book you have enjoyed and learned from, please let me know.
Alex Nackoul
Managing Director-CEO
alex@brownstoneloans.com
1-800-547-1285 x 105
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