Financial News Archives - Michael Inkman

There was little economic data this morning to end the week. Headed into next week, Stocks and Bonds are trading near unchanged levels in quiet trading. Next week, the Bond markets close early on Friday for the unofficial kickoff to the summer in observance of Memorial Day, where all markets will be closed on May 27.

The ongoing scandal at the IRS continues today with Congressional hearings set to begin on Capital Hill. It is alleged that the IRS was targeting certain conservative groups for increased scrutiny when applying for tax-exempt status. There are two witnesses scheduled for today – Steven Miller acting IRS commissioner who has been forced to resign by President Obama, and J. Russell George, the Treasury inspector general for tax administration.

The ongoing Bond buying program by the U.S. Federal Reserve took a hit yesterday from one of its proponents. San Francisco Fed Bank President John Williams, usually considered dovish when it comes to monetary policy, said that due to the recent uptick in the labor markets, he feels that the easy money policies should start to taper down by late this year. Mr. Williams said that the $85B a month QEIII program should end by late this year, but he did say that he will have to see a sustained improvement in the job markets in order for the Fed to stop buying Bonds.

A dove, when it comes to monetary policy, promotes monetary policies that involves the maintenance of low interest rates. The term is derived from the docile and placid nature of the bird of the same name, and is the opposite of the term “hawk”.

Lee Vanvolkenburg

15:43 23 Nov 23

Michael and his team were wonderful to deal with. They were excellent with communication and always available to answer questions. Thank you all!

williams lovos

22:54 16 Nov 23

We close on the house tomorrow! Thank you David and Michael for making my first home buying a smooth process. I had several out of the ordinary situations that would had easily not been possible to get the loan in the time that they were able to approve it. My wife and I are forever grateful for the work the team did. Thank you again!

Mario Silvestri III

16:45 16 Nov 23

Rex Perkins

16:56 15 Nov 23

Everything had been going well over the past two years since refinancing an existing mortgage. The application process, approval, servicing website, everything had been very smooth, nothing but the best service. I then had a minor issue arise. We had a wind loss claim on our home and, unfortunately, I had put off getting the check cosigned until the last minute. An issue arose as part of a minor miscommunication in terms of where the check was to be forwarded for endorsement.

To make a long story short, I feared that this miscommunication and misdirected check coupled with my procrastination were going to result in the check expiring and a huge hassle on my part to go through the process again. Mr. Inkman nor his branch were in any way involved with my account or account management, yet, the check inadvertently ended up in their draft loss department and I feared this would further delay things. I was a bit frantic.

One of those that I emailed was Mr. Inkman. In an era when customer service is not as valued as in the past, I was very skeptical I would meet the deadline. But, to my surprise, Mr. Inkman took it on his own to personally get things done and get the issue resolved. It appears that he tracked down the overnighted check personally, directed it for signature, packaged and overnighted the check back to me. All the while remaining professional and pleasant and providing consistent email updates on the status. It doesn't even look like he delegated, rather taking the initiative and seeing it through on his own.

To me, that's not just doing a job, that's going above and beyond in terms of leadership, professionalism, and customer service. We could not be more happy. And, as a further sign of good will, the Fairway CEO actually emailed me personally to follow-up and assure resolution. Been very happy with Fairway since my refinance, Mr. Inkman's efforts only further reinforce that opinion.

Samer Fallouh

15:01 15 Nov 23

Debbie Salas

21:47 03 Oct 23

This transaction probably would not have happened without Michael. Whenever we hit a stumbling block, he found a way around it! He kept us informed and was a positive light all the way through to the end and beyond.
Thanks

Eric Kieffer

22:46 16 Aug 23

Did business with Michael about 20 years ago and he was happy to help us again. He and his team did a great job. See you in another 20.

Scandal on Capital Hill

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