Hard-money lender takes up coaching

0511_FinanceCoachingHard-money lending can be a hazardous occupation in the best of times. In the worst of times — say, 2008-2010 — it can be a nightmare. Everybody got hurt when property values plummeted and default rates soared during the recession, but few industries took as big a hit as did hard-money lending, the risky act of funneling loans into troubled businesses at high interest rates, using property as collateral.

Oregon economic indicators as of March 2011

  All “latest” numbers are for March 2011 unless otherwise noted. Latest Month Previous Month Previous Year Annual Change EMPLOYMENT/BUSINESS LISTINGS Total employment State of Oregon, thousands 1,782.5 1,768.4 1,740.5 2.4% Total unemployment State of Oregon, thousands 208.4 216.2 238.3 -12.6% Unemployment rate Ore. civilian labor force, seasonally adjusted 10.0% 10.2% 11.0% -1.0 Portland/Vancouver MSA; … Read more