The Real Estate Radio Show With Cary Pearce

Bruce and Aaron Norris are joined this week by Cary Pearce. He is the branch manager and senior loan manager for Flagstar Bank. He has over 25 years in the lending business, and Bruce has known Cary for just about as long as he’s been in the business. 

In this segment, Bruce and Cary will discuss how long he has been in the industry, the market during the downturn, what the credit score expectation was during this time, what programs he could see re-implemented today that were aggressive then, changes to Fannie Mae that will be a game-changer next year, the ratio of refis to purchase loans, ARMs and HELOCs, the ratio of refis to purchase loans, the lending business and whether it is more competitive now, and much more all on the real estate radio show.