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D. Sidney Potter
Mr. Potter has worked in the real estate and mortgage industry since 1992 and is a licensed member of the National Association of Home Builders, and the National Association of Realtors. Mr. Potter has a BA in Political Science, 2 MBA's and part of a doctorate degree from Pepperdine. He has extensive experience in both commercial and residential real estate in California, Nevada, and Arizona and has consulted investors and the media throughout the United States. Most recently he served on the Board of Directors for two major HOA's in Las Vegas. In addition, Mr. Potter is a contributing writer to iReport (CNN), DigitalJournal and (apart of MSNBC).

Entries by D. Sidney Potter

Did Subprime Mortgages Just Get Started Again?

(0) Comments | Posted April 18, 2015 | 2:20 PM

In a rare instance when you might have seen think tankers of The Cato Institute hand and hand with Occupy Wall Street protestors, many of whom were homeless people just looking for a cause, members of the powerful coalition of the NAR (National Association of Realtors), successfully lobbied the House...

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U.S. Real Estate Predictions for 2015

(3) Comments | Posted January 5, 2015 | 5:25 PM

Here we go again. But before I get started on real estate predictions for 2015, it's worth noting that my predictions for 2014 were 80% to 85% spot on. Not bad for a professional amateur who isn't paid by the economic think tanks to spew out their two cents worth...

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What Your Broker Won't Tell You About the Housing Recovery?

(1) Comments | Posted October 8, 2014 | 2:59 PM

Remember this maxim, when it comes to residential mortgages, they are fantastically complicated, and most people, including those that think they know what they're talking about, quite often don't.

The best fairy tale truism to explain this: The Emperor Wears No Clothes. Which is to say, just because someone...

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Send In the Clowns

(0) Comments | Posted June 3, 2014 | 2:54 PM

Since time memorial, man has been motivated by an easy buck and short skirts. The recent frenzy of mortgage lenders to repeat the mistakes of history may be upon us again, as some lenders are experiencing 'greed creep' all over again.

Coming off at least $3 billion dollars worth of...

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Mel Watt Lights Up the Real Estate Industry

(0) Comments | Posted May 17, 2014 | 10:29 PM

For those in the real estate finance and home building industry, the coming of Mel Watt as the newly inducted Director of the Federal Housing Finance Agency could not have come at a more propitious time. Since assuming the office in January of this year, Mr. Watt, a former Democratic...

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Is Non-Prime the New Sub-Prime?

(0) Comments | Posted March 4, 2014 | 4:24 PM

With the recent Academy Award winner for best movie of the year going to 12 Years a Slave, it was only topical to quote a former slave owner himself, Thomas Jefferson, who stated the following as it relates to real estate and the banking system: "And I sincerely believe... that...

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When the Price of Rice in China Matters: U.S. Real Estate Predictions for 2014

(0) Comments | Posted January 3, 2014 | 11:03 PM

There is no shortfall for prognosticators when it comes to real estate predictions in 2014. Not everyone can be prophetic, but the following list is an amalgamation of thought leaders in the real estate, mortgage and finance industries. My job, is to simply be an order taker and amass --...

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What if Nobody Came to the Government Shutdown?

(0) Comments | Posted October 29, 2013 | 6:30 PM

Much speculation was bandied about on what the earth would look like if the U.S. government deficit ceiling was in the red come midnight on Oct. 17. As it so happened. It came and went -- the deficit ceiling implosion was averted and the sun rose up over Gotham City...

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Investors Who Bet Against the Market: Goldman Sachs Trader Convicted

(0) Comments | Posted September 11, 2013 | 11:29 AM

Someone once told me that it isn't hitting the pavement after jumping out of a high-rise building that kills you, it's the sudden stop. When I first heard that, my thoughts stopped -- since it instantly made me aware that thinking in the abstract is a practiced art. That thinking...

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Well, That Was Ugly

(0) Comments | Posted June 12, 2013 | 12:24 PM

Better late than never, I suppose, but it looks like the long awaited real estate downturn has finally turned a corner. On what appeared to be the real estate version of the movie Groundhog Day, where the movie's protagonist, Bill Murray, wakes up every morning only to realize that the...

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The Obama Charm Offense for User Friendly Home Loans

(0) Comments | Posted April 9, 2013 | 1:09 PM

Vengeance is sweet, but action is even better. On a presidential initiative that is at least two years overdue, the White House recently made a push with their point man -- Mr. Obama himself, to start sending signals to the mortgage lending industry to lighten up a bit on loan...

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Qualified Mortgages From the CFPB: Buyer Beware!

(0) Comments | Posted February 4, 2013 | 11:11 AM

Misrepresenting oneself to oneself has to be the lowest form of self-flattery. Not only does it breach the mother of all truism -- "know thyself" (written on the walls of Delphi at the Apollo Temple) -- it gives oneself a false sense of security, but more revealing, a true sense...

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What Banks Won't Tell You About Their Sweetheart Deal With the Fed

(0) Comments | Posted December 20, 2012 | 1:03 PM

The beauty of supply-side economics, is that just when you start to believe that it might actually be theoretically true, there's always reality that breaks that fantasy.

Supply-side economics (in case you've forgotten), is an expression of marco-economics that is synonymous with Reaganomics and trickle-down economics.

The latest manifestation...

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Romney Wins in a Landslide (Not!)

(0) Comments | Posted November 7, 2012 | 7:10 AM

As Chinese Communist Chairman Mao stated in 1957, "let a thousand flowers bloom." This statement was issued as an alleged initiative to deliberately flush out dissidents who were critical to the communist regime. Ultimately, those outliers were imprisoned.

Barack Obama will have to use the same manipulation as Chairman...

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Good Housing News May Not Be Good For Obama

(0) Comments | Posted October 22, 2012 | 4:06 PM

As "Moderate Mitt" and "No Drama Obama" round out their three-act play this week with their final debate, the Obama team has to be hoping it's not déjà vu all over again.

With most news outlets, economic forecasters and think tanks cautiously gushing at the news of a positive real...

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What a "Three House Sweep" Means for Real Estate

(0) Comments | Posted September 18, 2012 | 9:52 AM

Given the degree of acrimony between the two factions of Congress these days, it makes one think that if the Emancipation Proclamation were introduced into Congress by the Democrats to free slaves, the Republicans would block its passage and declare it as a job destroyer.

On a more cynical...

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Tea Baggers are the Opposite of Robin Hood

(0) Comments | Posted September 7, 2012 | 1:34 AM

After viewing the RNC and DNC in a side-by-side comparison over the past 10 days during their respective tent shows, it's absolutely fascinating to witness the adulteration of morality by the super extreme right.

Unequivocally speaking and as a statement of fact: Tea Baggers, a subset of the RNC...

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Why Romney, Ryan (and Rand) Make a Lousy Threesome for the Economy

(0) Comments | Posted August 13, 2012 | 12:29 PM

Nothing puts the fear of God into Democrats with the realization that the male reincarnation of Ayn Rand is only a heartbeat away from being the next president of the United States.

For those out of the know, Congressman Paul Ryan, the presumed vice presidential nominee for the Republican...

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The Fiscal Cliff: Fact or Fiction?

(0) Comments | Posted July 2, 2012 | 7:50 PM

Here we go again. For a president who has been dubbed "no drama Obama," it looks like the American public might be in for some "rope a dope" this summer. From a real estate perspective -- an industry that yearns for stability given the drama over the past three to...

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Are Banking Reparations Justified?

(0) Comments | Posted June 8, 2012 | 5:41 PM

I love the smell of "banker repentance" in the morning. Case in point: One of the multi-billion-dollar settlements that's in the pipeline and simmering on the stovetop is the $25 billion robo-signer deal. And it's about to be served up cheese royale. In fact, if you could bottle...

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