This week Bruce Norris joined by Lance Martin.  Lance is broker/owner of Coldwell Banker Pioneer Real Estate. 
He began his career in real estate at 19 and has mostly been involved with the REO side of the business
for over twenty years.  Bruce and Lance discuss his work with REOs and when the REO business peaked,
his definition of a normal market, the affect loan modifications would have on
the REO business, Lance's thoughts on the bulk sale and rental program, and
much more on this week's real estate radio show and podcast.

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This week Bruce Norris is joined once again by Philip Tirone .   Philip has been an entrepreneur from the start,
buying and selling gold and silver in elementary school.  He later established a car audio resale
business in high school.  As a mortgage
broker he created 720creditscore.com to help his clients increase their credit
scores and improve their financial situation. 
Originally a book and a workbook, the product expanded to become an
infomercial, a teleseminar, and an online wealth enhancement course.   Bruce and Philip discuss in great length about how the logic does not make sense with credit scores now, high-priority and low-priority errors , the purpose of Philip's webinars and programs, the problem of overlays in the market today, decisions made when you are dealing with small credit unions
and small regional banks , good changes lenders are now making, and much more on this week's real estate radio show and podcast.

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This week Bruce Norris is joined by Philip Tirone .   As a mortgage broker he created
720creditscore.com to help his clients increase their credit scores and improve
their financial situation.  Originally a
book a workbook, the product expanded to become an infomercial, a teleseminar,
and an online wealth enhancement course.   Bruce and Philip discuss how Philip has been an entrepreneur most of his life and how his early life led him to the work he does now, his priorities now compared to when he first started working in the industry, his one-on-one time with Bruce and other coaches to help in his work and other areas, the kind of services his website 720creditreport.com offers, how he established the website by using his own credit score as a guinea pig , the people Fannie, Freddie, and FHA are loaning to now compared to earlier, and much more on this week's real estate radio show and podcast.

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This week Bruce Norris is joined once again by James Spiotto .  James is a partner with Chapman & Cutler Law Firm in Chicago.  He is an expert on the municipal bankruptcies, and he produced a document called A Primer on Municipal Debt Adjustments that Bruce recently read.  Mr. Spioto is head of the Litigation, Bankruptcy and Workout Group.  He has represented banks and bank groups, insurance companies, institutional investors, funds, indenture trustees and bondholders in litigation or workouts for more than 400 troubled debt financings in over 35 different states and ten foreign countries.  He has testified in front of Congress a number of times .   Bruce and James discuss fiduciaries and municipalities, meeting the long-term goals for employees both on the pension and municipal side, the ramifications of not fulfilling your promise in a business, James recent testifying on the ability or inability for a state to declare
bankruptcy, rainy day funds, creating benefits for citizens and attracting employees, sovereign debt resolution, the economy in the early '80s compared to today, and much more on this week's real estate radio show and podcast.

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This week Bruce Norris is joined by Jim Spioto .  Jim is a partner with Chapman & Cutler Law Firm in Chicago.  He is an expert on the municipal bankruptcies, and he produced a document called A Primer on Municipal Debt Adjustments that Bruce recently read.  Mr. Spioto is head of the Litigation, Bankruptcy and Workout Group.  He has represented banks and bank groups, insurance companies, institutional investors, funds, indenture trustees and bondholders in litigation or workouts for more than 400 troubled debt financings in over 35 different states and ten foreign countries.  He has testified in front of Congress a number of times .   Bruce and Jim discuss entitlement, Chapter 9 bankruptcy, defined benefits versus defined contributions, the CalPERS program, municipalities, the bankruptcy situations in Orange County and Vallejo, and much more on this week's real estate radio show and podcast.

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This week Bruce Norris is joined once again by Sean O’Toole, founder and CEO of ForeclosureRadar.com.  Sean has been an experienced trustee sale investor, buying over 150 properties, both residential and commercial.  He also has a very intensive tech background that he has brought to ForeclosureRadar.com.   Bruce and Sean continue their discussion on shadow inventory, talk about pricing and the status of housing in the future, how foreclosures are affecting the banks, deed-in-lieu and the risks that come with it, principal reductions, loan mods, their trip to Washington D.C., the economic situation in Nevada compared to California, and much more on this week's real estate radio show and podcast.

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This week Bruce Norris is joined by Sean O'Toole , founder and CEO of ForeclosureRadar.com.  Prior to launching ForeclosureRadar, Sean successfully purchased and flipped more than 150 residential and commercial foreclosures.   Bruce and Sean discuss Sean's website and how he has helped many through it, his goal when creating the site, the market today compared to earlier years, ForeclosureRadar's use in finding houses to repair, code enforcement, the increase in foreclosure sales and the dominant role they play today, the real estate debt at the peak of the market, the biggest mistakes Sean sees in trustee sales, the definition of drop bids, shadow inventory, and much more on this week's real estate radio show and podcast.

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This week Bruce Norris is joined once again by Bill Shipp. Bill has been one of the largest wholesale buyers of real estate in Riverside for many years. He has a unique system that can even be done from a distance, which he proves every day by living and working in Utah .   Bruce and Bill discuss the buy/sell business , the process of flipping of flipping and how both of them have done this in their business, factors that go into Bill closing a deal, buying subject to, the difference in prices and buying and selling six years ago compared to today, rentals and when it is important and not wise to buy one, stock trades, Charles Dow's book on the emotional cycles of investing, and much more on this week's real estate radio show and podcast.

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This week Bruce Norris is joined by Bill Shipp. Bill has been one of the largest wholesale buyers of real estate in Riverside for many years. He has a unique system that can even be done from a distance, which he proves every day by living in another state .   Bruce and Bill discuss how he got started in the business of buying real estate ,  the market back in the 80s and how different it was, the work Bill has done with investors and the training he has passed on to others, the types of properties he buys, the VA and HUD repossessions that were big back in the 80s, the time when Bill bought out of the MLS, and much more on this week's real estate radio show and podcast.

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This week, Bruce Norris of the Norris Group interviews Matthew Scire.  Matthew is the director of financial markets and community investment for the U.S. Government Accountability Office GAO.   Bruce and Matthew discuss the U.S. Government Accountability Office, the vacant property problem, Matthew's particular study on real estate investing , the loan modification program and how they are dealing with loan principal, actions HAMP is taking to help non-owner occupants, the sizes of losses lenders are taking, the biggest concerns with the number of vacancies, other stares' markets, and much more on this week's real estate radio show and podcast.

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This week, Bruce Norris of the Norris Group interviews Shawn Watkins and Angel Bronsgeest of the Investors Workshops. Both own the Investors Workshops in Orange County, and they have supported I Survived Real Estate every year that it has been around.  They are investors and do a lot of their investing out of state.   Bruce, Shawn, and Angel talk about how the Investors Workshops was started, real estate clubs and investing in earlier years compared to today, the hard decisions and difficult conversations that sometimes come with the job, the process of leveraging, the mistakes people make in the buy/sell business with using their own money, cash flowing, the education side of Shawn and Angel's business, a recent chart released by the New York Federal Board, Bruce's meeting with Fannie Mae in Washington D.C., and much more on this week's real estate radio show and podcast.

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This week, Bruce Norris of the Norris Group interviews Shawn Watkins and Angel Bronsgeest of the Investors Workshops. Both own the Investors Workshops in Orange County, and they have supported I Survived Real Estate every year that it has been around.  They are investors and do a lot of their investing out of state.   They discuss Shawn and Angel's jobs prior to real estate, the market in Ogden Utah where Angel has done business, Angel's background in legal and how it lends itself to her current work, the percentage of deals where they get to talk directly to the owners, the amount of money available in California right now allowing anyone to make a deal, the demographics of people they rent to, the success of Shawn and Angel's business, and much more on this week's real estate radio show and podcast.

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Bruce is interviewed this week by Shawn Watkins and Angel Bronsgeest . In a reversal this week, Shawn and Angel will in turn be interviewing Bruce Norris on his own radio show.   They discuss one-time events that happened in the world of real estate, the question if changes in legislation will affect how people things, the importance of knowing when to get out of the market versus knowing when to get in, the chart that showed a history of the difference between prices of new homes and existing homes, the changes in technology and how it has affected real estate, and much  more on this week's real estate radio show and podcast.

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Bruce is joined this week by Shawn Watkins and Angel Bronsgeest . In a reversal this week, Shawn and Angel will in turn be interviewing Bruce Norris on his own radio show.   They discuss how Bruce became a real estate broker and the research he did on the market , the usual time frame for shifts in the market, business models and blueprints for the real estate market, the minimal amount of external influence on Bruce looking at the next steps, the global monetary policy,  and much  more on this week's real estate radio show and podcast.

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Bruce is joined again this week by by Mike Novak-Smith and Ted Boeker . Mike Novak-Smith is not only one of the largest REO agents in the Inland Empire, but the nation.  Mike is in the top 1% of all real estate agents nationwide and is experienced in REO, short sales, bankruptcies, asset management, and negotiating .  Ted Boeker is the owner of the company that Mike is at and has brokered for RE/Max Results in Moreno Valley.   Bruce, Ted, and Mike discuss slight improvements in the short sale process, REO and short sales and which become renters, basic changes that could come about in the downturn, and much  more on this week's real estate radio show and podcast.

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Bruce is joined this week by by Mike Novak-Smith and Ted Boeker . Mike Novak-Smith is not only one of the largest REO agents in the Inland Empire, but the nation.  Mike is in the top 1% of all real estate agents nationwide and is experienced in REO, short sales, bankruptcies, asset management, and negotiating .  Ted Boeker is the owner of the company that Mike is at and has brokered for RE/Max Results in Moreno Valley.   Bruce, Ted, and Mike discuss 1989 being a peak year and the drastic changes in the economy afterwards, the economic cycle in the 90s and 2006-2011 downturns, shadow inventory, bulk sales and REO listings, the problem of liens and code violations placed on properties, Cash for Keys, the effect of the robo-signing on California lenders,  and much, much  more on this week's real estate radio show and podcast.

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Bruce is joined once again this week by Robert Kleinhenz. Robert is the Chief Economist of the Kyser Center for Economic Research, which conducts research in regional, state, and national economies.  Bruce and Robert discuss the sovereign debt problem in Europe , the interest rate climate of today and how we can use it to determine the forseeable future, deflation vs. inflation, the oil world, the employment and consumer sectors,  shadow inventory,  and much more on this week's real estate radio show and podcast.

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Bruce is joined this week by Robert Kleinhenz. Robert is the Chief Economist of the Kaiser Center for Economic Research, which conducts research in regional, state, and national economies.  Bruce and Robert discuss the kind of work that LAEDC does and their market forecasts, the economy and labor market, the manufacturing sector and the educational needs related to this work, the workforce as a whole including the baby boomers, the California and national budget, the GDP,  and much more on this week's real estate radio show and podcast.

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Bruce is joined once again this week by Craig Hill. Craig has been with The Norris Group since its inception in 1995. He has worked with the real estate investors, helping them access money for their deals and trust deed investors who want to get a very safe yield on their money .  Bruce and Craig discuss the borrower side of the loan program, gaining experience in the real estate market, the real estate world at the time Bruce and Craig first met, the hoops and filters of lending, and a lot of facts about lending people are not originally told,  and much more on this week's real estate radio show and podcast.

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This week Bruce is joined this week by Craig Hill. Craig has been with The Norris Group since its inception in 1995. He has helped The Norris Group invest in approximately $40 million worth of trust deeds.  Bruce and Craig discuss The Norris Group and its process for handling loans, the mood in the market regarding price shifts, their relationship with the borrowers, the idea of passive loans and investing, 9.9%, 12.5%, and 4% loans, high interest yield,  and much more on this week's real estate radio show and podcast.

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This week Bruce is joined once again by Robert England, author and financial journalist. Bruce and Robert discuss CDOs and how they came about, the concept of traunches, different laws passed for banking companies and investment firms, credit default swap, the illegal activity by specific investing firms, the recent trader who earned a lot of money from one trade,  and much more on this week's real estate radio show and podcast. 

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This week Bruce is joined by Robert England, author and financial journalist. Bruce and Robert discuss his book Black Box Casino: How Wall Street’s Risky Shadow Banking Crashed Global Finance and how he came up with the title , Fannie Mae and Freddie Mac, the amount of political clout the political clubs had, the 1992 Federal Housing Enterprise Financial Safety and Soundness Act, mortgage-backed securities,  and much more on this week's real estate radio show and podcast. 

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This week Bruce is joined by Carolina Reid, Senior Researcher at the Center for Responsible Lending. Bruce and Carolina discuss the idea of a 20% down payment, the foreclosure crisis and strategic foreclosures, the success of the NSP fund program, the period of time when delinquencies tripled and foreclosures declined, the short sale status, the ramifications from a decline in homeownership , and much more on this week's real estate radio show and podcast. 

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This week Bruce is joined by Carolina Reid, Senior Researcher at the Center for Responsible Lending. Bruce and Carolina discuss foreclosures and the foreclosure crisis, the connection between the foreclosure rates among communities and the loan products they received, the unintended consequences of delaying foreclosing, loan modifications, and much more on this week's real estate radio show and podcast. 

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This week, The Norris Group presents the audio portion from the event I Survived Real Estate 2011. This award-winning event has raised over $250,000 since its inception four years ago thanks to the support of all the sponsors and individuals donors that participate. This year, the event focused on current industry regulation, head-scratching legislation, and the opportunities emerging for savvy real estate professionals from an exciting lineup of experienced experts from multiple industries. The video is available on the website. This week's radio show features all six panelists, who discuss the uncertainty in the lending community, stable employment, underinvestment in the economy, the 203k program that existed back in the 90s, changes that need to be made to HARP and new regulations, what each of the panelists would like to see accomplished in their industry,  and much more on this week's real estate radio show and podcast.

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