Brad's Blog

Yesterday, The Truth About Mortgage lists the first 15 Banks in America that have received a subpoena for a high claims rate on their FHA mortgages. These banks were recognized first because of their high number of failed loans that resulted in the FHA mortgage insurance fund to be debited. TheTr...

I hope you were ready for the changes that the Federal Government had for us in the mortgage industry under RESPA reform effective January 1, 2010? The new version of the Good Faith Estimate or GFE as we speak in the mortgage business (Martian Language), and the HUD-1 HUD 1 settlement statement o...

Are you ready for the changes that the Federal Government have for us in the mortgage industry under RESPA reform effective January 1, 2010? The new version of the Good Faith Estimate or GFE as we speak in the mortgage business (Martian Language), and the HUD-1 HUD 1 settlement statement or 2010 ...

Book Suggestion:  Learning Personality Types to Be Better at Being a Loan Officer I'm simply looking for a good book that combines consulting or sales with learning personality types.  I think that having the ability to ditect what personality type someone is, to a certain extent anyway, would be...

If there is anyone that has already done the homework, and shopped for laptops recently, what is the best computer under $1,000? Of course I need the Word, Excel, Outlook, Power Point, etc...but nothing in excess of what a normal mortgage guy would need. I would also like a video cam in case I de...

What's to think about present day rate figuring? This is really an email to my fellow Loan Officers and other economic guru's in hopes that they might share their thoughts, so everyone might benefit from the responses...if there are any.  It appears that watching the different economic indicators...

Should I pay points/origination on my refinance?YES! If you are going to be there for a while.Last week I saw this and I copied and pasted from CNNMoney and their trusty writer Les Christie. He does a great job expressing this.  I had a meeting I had to go to and wanted to reflect on it, but only...

Over a week ago, I was able to make it to the Ted Jones 2009 Economic Forecast.  Ted is the Cheif Economist for Stewart Title.  There are many great points he made, and in this Blog, I want to just touch one that made the most since to me as I have been thinking similarly throughout the past year...

Refinancing in today's market for the Dallas, Frisco, and surrounding cities can be a time for a mortgage consultants where the consultant may have to decide in deciding what the near future may bring in market changes whether to advise a prospective borrower to lock and realize what the market h...

Builders have been a big problem over the years with dangling incentives for potential buyers to use their affiliated mortgage company. Nothing was more aggravating than to lose a loan after I have been working with a buyer for months, because some builder claims to be giving some sort of incenti...