On today's "Hot Topic" segment, we have invited back as our special guest ALLAN WEISS, Founder and CEO of Weiss Residential Research. Building upon Allan's recent guest appearance on May 23rd, we are going to learn about a new way where consumers can purchase a home via something called an "Indexed Fractional Ownership" (IFO). This a new and radically innovative approach to buying a residence where a consumer combines his cash along with cash from an institutional investor and together they pay cash for the home. Be sure to tune in and learn how this could change how many buy their next home and the potential impact it could have on the mortgage industry.
As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Paul Muolo of IMF News, Andy Schell, the "Profit Doctor" and Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting out industry.
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Thank you, David Lykken