The Norris Group Blog

California Real Estate Headline Roundup

Archive for June, 2007

By Bruce Norris .

22-TNG Radio – Nicholas Manfredi 6-30-07

Saturday, June 30th, 2007

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Nicholas Manfredi

President & CEO, The Short Sale Processor LLC

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Bruce is joined by Nicholas Manfredi who is President and CEO of The Short Sale Processor LLC and also president of the Inland Empire Investor Forum. Want to know a little more about short sales? These next two shows are a must listen!

Nick Manfredi is a real estate investor, speaker and corporate business owner. He has been featured in Fortune Magazine and The LA Times, and contributed to articles in the news media including CNN Money Magazine, The Press Enterprise, and RISmedia.

In 2002 Nick established one of Southern California’s most respected real estate investment club’s The Inland Empire Investors Forum. Focused on volume, he continues to wholesale 80% of his acquisitions.

Eager to capitalize on California’s changing market Nick co-founded The Short Sale Processor LLC. As CEO of Forum Real Estate Investments Inc

Nick continues buy residential and commercial property in California and Texas. Nick resides in Southern California with his wife Susan and 3 boys Gabriel, Nathan and Jacob.

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21-TNG Radio – Steve Krystofiak 6-23-07

Monday, June 25th, 2007

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Steven Krystofiak

President of Mortgage Brokers Association for Responsible Lending

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Bruce is joined by Steve Krystofiak, President of Mortgage Brokers Association for Responsible Lending as they talk about the mark1as been a leading contributing factor in making home prices skyrocket which in turn makes homes unaffordable.

Mr. Krystofiak has spoken on behalf of the Mortgage Broker’s Association for Responsible Lending at California Senate hearings, Federal Reserve board hearings, along with sponsoring and defending 3 bill proposals (AB 512, AB 628, AB 941) at Sacramento in the State Assembly and during their committee process.

Steven Krystofiak holds a B.S. in Real Estate from the finance department from San Diego State University. He also has been asked to be an expert witness in court trials involving the mortgage industry and real estate finance, and has been featured in the Washington Post, Wall Street Journal, New York Sun, Oakland Tribune, and contributed to articles in the news media including Money Magazine, Bloomberg news, the San Francisco Chronicle, the San Jose Mercury news, the San Diego Union Tribune and many others.

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20-TNG Radio – Frank Nothaft 6-16-07

Saturday, June 16th, 2007

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Frank Nothaft

Vice President and Chief Economist for Freddie Mac


(Full Bio)

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Join Bruce and chief economist for Freddie Mac , Frank Nothaft as they discuss the current real estate market from the lending perspective.

Frank E. Nothaft was appointed to the position of chief economist in December 2001 and vice president in March 2004. In this position, Nothaft is responsible for primary and secondary mortgage market analysis and research, macroeconomic analysis and forecasting. Nothaft is also involved in the analysis of affordable lending activities and policy issues affecting the housing industry.

Prior to being named chief economist, Nothaft served as deputy chief economist for Freddie Mac from 1988, and as a senior economist from November 1986. Nothaft was an economist with the Board of Governors of the Federal Reserve System from 1983 until 1986, where he served in the mortgage and consumer finance section and as the assistant to Governor Henry C. Wallich.

A widely quoted expert on housing and economic issues, Nothaft makes frequent guest appearances in both local and national media outlets.

Nothaft holds a Ph.D. in economics from Columbia University and is a member of the American Real Estate and Urban Economics Association.

Freddie Mac is a stockholder-owned company established by Congress in 1970 to support homeownership and rental housing. Freddie Mac fulfills its mission by purchasing residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than four million renters in America.

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19-TNG Radio – Frank Nothaft 6-9-07

Saturday, June 9th, 2007

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Frank E. Nothaft

Vice President and Chief Economist for Freddie Mac

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Join Bruce and chief economist for Freddie Mac , Frank Nothaft as they discuss the current real estate market from the lending perspective.

Frank E. Nothaft was appointed to the position of chief economist in December 2001 and vice president in March 2004. In this position, Nothaft is responsible for primary and secondary mortgage market analysis and research, macroeconomic analysis and forecasting. Nothaft is also involved in the analysis of affordable lending activities and policy issues affecting the housing industry.

Prior to being named chief economist, Nothaft served as deputy chief economist for Freddie Mac from 1988, and as a senior economist from November 1986. Nothaft was an economist with the Board of Governors of the Federal Reserve System from 1983 until 1986, where he served in the mortgage and consumer finance section and as the assistant to Governor Henry C. Wallich.

A widely quoted expert on housing and economic issues, Nothaft makes frequent guest appearances in both local and national media outlets.

Nothaft holds a Ph.D. in economics from Columbia University and is a member of the American Real Estate and Urban Economics Association.

Freddie Mac is a stockholder-owned company established by Congress in 1970 to support homeownership and rental housing. Freddie Mac fulfills its mission by purchasing residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than four million renters in America.

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18-TNG Radio – Alan Nevin 6-2-07

Saturday, June 2nd, 2007

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Alan Nevin

Director of Economic Research

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Join Bruce and chief economist for California Builder Industry Association and MarketPointe Realty Advisors, Alan Nevin, as they go back and discuss past downturns and how it’s different this time around.

Alan Nevin is the Director of Economic Research of MarketPointe Realty Advisors. MarketPointe is a 30-old real estate research firm that serves private and public sector.

For the past quarter century, Alan has examined the economies of America’s high growth communities and their dynamic economic power. His particular specialty is the economy of the West Coast and the real estate within it.

Alan has been an instructor at UCSD Extension since 1980 and is the school’s senior advisor for its real estate and land use curriculum. He currently teaches “California 2020: Trends in California Demographics”.

In his spare time, he also serves as the Chief Economist for the California Building Industry Association.

He is also a recovering developer and is known to dabble in condominium development and luxury “spec” housing in La Jolla and other reasonably priced communities.

He is a co-founder of the UCSD Economics Roundtable and also recently completed ten-year’s service on the Board of Trustees of La Jolla Country Day School.

He holds bachelor and MBA degrees from American University in Washington, D.C. and a master’s degree in statistical research from Stanford University.

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