Thinking Outside the Mortgage Marketing Box

This term should be added to the banned terms on Active Rain as it has become very cliche.The basics I am talking about are the buyers and borrowers who get a paycheck or at least have a verifiable source of income, sdave their money and pay ther bills. With allof the craziness of the past couple...

While we were sleeping the forces of the world were trying to set up a trap for us. While we were bringing in record revenue to the local municipalities through the payment of mortgage tax, they were plotting for the end of the refinance days by trying to get new transfer taxes past on the sale o...

I wanted to weigh in on something that we are all dealing with. A major reason for this market contraction is the lack of confidence in our product. Not by the consumer but by the investor. Where Mortgage Backed Securites were cherished by investors in the past. they are as cherished now. This is...

Congress will return next week from the July 4 recess. House Financial Services to Examine Housing Trust Fund On Thursday, July 12, the House Financial Services Committee will hold a hearing to examine H.R. 2895, the "National Affordable Housing Trust Fund Act of 2007." This bill would allocate b...

 A VA Loan is a loan made by a bank to an eligible veteran that is guaranteed by the Veteran's Administration. The VA Loan was authorized in 1944 through the original Servicemen's Readjustment Act known as the GI Bill of Rights. The GI Bill was signed into law by President Franklin D. Roosevelt. ...

I have recently started to receive emails regarding people in foreclosure because their ARM's are adjusting or their financial situation has deteriorated and they are in trouble.The Mortgage Bankers Association has been helping to promote NeighborWorks, a not for profit group that can help homeow...

What is the difference between small business owners and major corporations? Beyond their size, name and immediate resources, both businesses have a lot in common. This is especially true when it comes to financial planning, borrowing, retirement planning and employee benefits.Small business owne...

Back on track. I have been watching your posts but haven't had time to dedicate like before. Made the move from Countrywide Home Loans to Homestead Funding. This will allow me to pursue more commercial and mixed use business. I have also encouranged my new office mates to join and they appear qui...

Before I go too far into this posting I want to make one thing clear. I do not live in Red Hook. I do business there and have always enjoyed a walk down Broadway or a ride down Fraleigh Lane to see friends. The golf course is beautiful as is the sub-division "The Fairways" that I helped finance. ...

I speak with many loan officers who complain that they are having trouble getting referrals from real estate agents. I have been telling them that they may not have any to give and that they should seek to build a relationship with them.I tell them a good work ethic, consistent visits and perform...