The Money Market Inc. (TMMI)

was founded in February 2017 by our Managing Broker and CEO, Paul LeJoy. After working for several years in the tech industry, Paul became a real estate agent in 2005. By November that year, he quit his full time tech job and went full time into real estate.  He became a real estate broker in 2007 and founded Pacific Realty Partners (PRP), a real estate brokerage firm. The real estate market crashed at the end of 2007 and Paul wondered what he’d do next. He innovated and 2009 became one of his best years in real estate. PRP became one of the darlings in the Bay Area. In 2011 he started a real estate investment company called Community First USA, LLC (CFU). He and his investment partners bought foreclosed properties from Wells Fargo and Chase. Instead of these lenders deluging the communities with distressed assets, they sold them to CFU, who in turn, fixed them up and sold them to first-time home buyers. The latter were often assisted with down payment from local governments. Fast forward to 2017, these homes now had a ton of equity. A typical real estate agent would coax the owners to sell. But where would they move to? Prices were rising everywhere. Paul thought otherwise: what if he created a mortgage firm whereby these new owners would now refinance their homes and take out the equity to relocate to better neighborhoods or invest in other properties? Hence the birth of The Money Market Inc. And instead of providing only a set of mortgage products, Paul envisioned a company that would be like Amazon, a mortgage company providing every sort of mortgage solution out there, catering to all sorts of borrowers. And for those who are interested in using the platform to make money, Paul provided the opportunity to uberize the platform whereby business-minded individuals can now make money on demand, much like they do on platforms such as Uber, Lyft, AirBnB, but much better!