"Catch Me If You Can"

“If I can summon the courage to live under that standard, they won’t be able to catch me…  Even better.”


At the recent Oklahoma Bankers Association Annual Conference our keynote speaker was Frank Abagnale of “Catch Me If You Can” fame.  Most of his incredible story from the book and movie were confirmed.  Some important details were amended to reflect factual events.

Frank’s story would be a James Bond, Star Wars, or Peter Pan saga if not true.  How a boy traveled over one million air miles illegally from age sixteen to eighteen, performed duties as a doctor, and passed the Louisiana bar with two weeks study after dropping out of high school is a tale for the ages. 

His story was fascinating.  His message separated him from almost every speaker I have heard.  Frank has refused pardons from three presidents.  He did what he described as horrible crimes and wants the record to remain as a reminder to him and others that Integrity and Honesty should guide our paths.

The harm caused by Selfishness hurts others as well as oneself.  Serving four years in the very French cell depicted in the movie dropped his weight from 190 pounds to 109 pounds.  It almost killed him.  He was also incarcerated in Sweden.  During that dark chapter Frank learned what it is to be a man. 

Frank and his wife raised three sons in Tulsa, OK.  Over those twenty-five years, none of his friends and neighbors knew of his past.  He confesses his wife saved him from the darkness.  He holds God and Country as the highest ideals.

Frank firmly contends every boy needs a father and mother who regularly kiss him and tell him they love him.

His career of forty-three years with the FBI continues.  He warned us about cyber attacks in a way that shook everyone in the room. 

I will not forget Frank Abagnale’s gentle manner, his commitment to his art of fraud prevention, and his mindful message:  living with Integrity and Honesty, the harmful effects of Selfishness (including living without a father that daily demonstrates his love for you), and the personal security of God and Country.

If I can summon the courage to live under that standard, they won’t be able to catch me…  Even better.

*If you care to discuss this post, or other matters relating to home loans please feel free to contact me by clicking below.

Mortgage Monday - Things Are Heating Up!

“You don’t want to be unprepared if the right opportunity falls at your feet”

A lot of potential homebuyers are still considering home purchases vs. continuing to rent. 2018 was a largest annual increase in owner-occupied households since 2004. Millennials continue to move into their own homes while Baby Boomers are often considering downsizing as they are reaching retirement age.

People generally move to different houses for a multitude of reasons:

1. It is a better home for them.

2. They want to start their own household.

3. Family reasons require a change.

4. Preparing for a new job or transfer.

5. One that is becoming more obvious – cheaper housing.

Now is a terrific time to get pre-qualified for a mortgage if you are considering buying a house - you don’t want to be unprepared if the right opportunity falls at your feet. Give me a call for that pre-qualification letter.

Mortgage Monday - Go Time!

“Spring is the time of year many people start looking for houses to purchase. What are our needs? Are houses on the market that fits our needs?”

The mortgage industry continues to be as fluid as the stock market in how it performs. Each day international, national, and local news events affect interest rates and loan volume. This volatile environment affects consumer sentiment.

Consumers often buy homes based on how it “feels.” Is the economy doing well? Do people have jobs? Is my community moving forward, or are local policy makers making me feel uncertain?

Spring is the time of year many people start looking for houses to purchase. What are our needs? Are houses on the market that fits our needs? Can we afford those houses? How will moving affect our family?

Uncertainty generates hesitation. Hesitation delays decisions that need to be made. Delayed decisions increase uncertainty. Not making decisions because of questions and fears are decisions that can potentially hinder fulfilling dreams.

One of my most cherished roles is assisting people in deciding the timing of home buying decisions. I am honored to be a part of helping individuals and families in achieving the American Dream of Homeownership.

Mortgage Monday - Interest Rates in 2019

“By publicly stating they would not raise interest rates this year, they communicated some concerns about our economy.”

There is some good news in the mortgage industry. The Federal Reserve did not increase its benchmark rate following its regular meetings last Wednesday. In addition, they signaled they would not hike rates this year.

What are the effects of this decision? It means the Fed is concerned the economy in the U.S. and around the world has slowed. Raising short term interest rates is designed to slow the economy down and maintain inflation at acceptable levels.

By publicly stating they would not raise interest rates this year, they communicated some concerns about our economy. This decision directly affects interest rates on consumer products from credit cards to the purchase of appliances and automobiles. Lower interest rates allow the consumer to purchase more goods and services.

How does that affect the real estate finance industry? With lower interest rates home buyers can potentially qualify to purchase a home or invest in a more expensive home. With buying season beginning, many first time and move up buyers should get pre-approved for a mortgage and start the buying process.

Those homeowners interested in downsizing should view this opportunity to offer their current home for sale and settle into the home they need to live comfortably.

If you have questions about any of the above information please contact me.

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Mortgage Monday - Diversity

“Commitment to gender diversity hasn’t translated into meaningful progress”

There is a lot of discussion about increased women’s roles in a variety of organizations.  The volume of that discourse tells me we should be having this conversation in the real estate finance industry.

Marcia Davies, Chief Operating Officer of the Mortgage Bankers Association, is actively involved in bringing more gender diversity to the mortgage industry.  In the comprehensive national study of “Women in The Workplace” Davies confirmed that companies’ stated commitment to gender diversity hasn’t translated into meaningful progress.

Women, especially women of color, continue to be underrepresented at every level, and particularly in senior leadership. It is going to take a mindful, focused, and purposeful approach at all levels, but especially from leadership.

The different perspectives and experience they gain from inclusion of diversity offer top leadership a window into connecting with more consumers, coworkers, and others we serve.  Having diverse voices around the table provides an organization with ideas and insights leadership might not have previously considered.  That thought process creates a dynamic that makes organizations accomplish more than they ever set out to achieve.

Rather than being unsure or even frightened by adding diversity to discussions, we must learn to think on a higher plane and engage more conversations to enhance our mission of assisting qualified individuals and families in realizing the American Dream of home ownership.

-Kent Carter, 1st Capital Mortgage


A couple of weeks ago I GOT to attend a memorial service for Glenn Nemecek.  Glenn was 89 years old when he died following years of struggles with his health.  Why is Glenn my first Community Hero?

Glenn and I attended church together for almost forty years.  He always greeted me with a smile and an encouraging word.  His quiet personality belied his passion for the important things in his life:  his faith, his family, O.U. athletics, and volunteering.

Glenn was a retired accountant who was cautious before he spoke, unless an O.U. athlete made a great play. Then his enthusiasm overcame his guarded ways.  His knowledge of the details of women’s basketball and softball kept those lucky enough to sit near him entertained and educated.

Once I was seated in the sanctuary for Glenn’s memorial service someone near me commented that the casket was a very unusual color.  I grinned and said, “Yes.  Crimson to honor his love of the Sooners.”  They acknowledged that made a lot of sense.

Glenn loved to volunteer his time for good causes.  He once received the “Volunteer of the Year” award from the Pioneer Library System. Devoting his time to various causes and events blessed the lives of many who enjoyed his eagerness to serve others.

I will miss witnessing how Glenn taught me to serve with a passion few possess.  I will remember my friend and look forward to joining him in celebration beyond the river.  Glenn Nemecek – my first Community Hero.

Mortgage Money - 3/4/19


“Turning a boring topic into fun.”

March 4, 2019

Each Monday when there is real estate news to report, I will write a short commentary on my view of our market. Sometimes it will include other economic commentary. It is not designed to be political or promoting anything but the American Dream of Home Ownership.

National: The U.S. economy remains growing with inflation contained. The Federal Reserve which analyzes various economic indicators and sets short term interest rates held rates steady at their last meeting. Their statement following their meetings sent a strong signal no more increases in interest rates soon.

The economy is doing well in most areas. One troubling area which could affect real estate is the big drop in purchase activity in the three big states of California, Florida, and Texas. This is especially true in higher priced houses. Each of those states have had an affordability problem with previous jumps in home values.

Around most of the country decreases in home prices, a higher supply of homes on the market after several months of slow sales, and decreased interest rates should spur increased home sales this spring.

Local: The Kiplinger Letter surveyed home prices in the 100 largest metropolitan areas as of December 31, 2018. The Oklahoma City metropolitan area ranked in Category 1 for most affordable housing. Only ten cities nationwide were listed in the top category for affordability. This is one of the few markets where home ownership may be cheaper than renting.

Some sellers were frustrated in the fall when interest rates climbed from historical lows and sales slowed in our market. Those sellers may be anxious to make a sale. Our inventory of homes on the market is low. Interest rates are their lowest in about a year. Now may be the perfect time to go on an adventure of finding a house to turn into your home. Call me for your financing needs.