Loren's Blog

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Mortgage and Lending - MLS# 279272
Thoughts about Mortgages, the Real Estate market, how customers should be treated, and mabye sports!

ARCHIVED BLOG POSTS

2007 

If you haven't heard, the Minnesota Legislature is looking at passing a law this session that would require a Mortgage Originator (someone who can write loans AND employ loan officers) to have a provavble net worth of at least 1.5 million dollars outside of their business. This would do 2 things-...
01/22/2007
I'm just curious this morning.....If you are helping a client, and they ask you for a recommendation for a trusted loan officer, how many names or cards would yoiu give your client?I've heard some say 'one', others 'two' and even a couple say 'three'.What are your feelings on the subject?
01/16/2007
As a chair of the Minnesota Association of Mortgage Brokers, I get involved with a lot of things that try and help the consumer in Real Estate transactions. However, I also get to see some of the tricks played by unprofessional Mortgage people- the 'Bad Apples'. One came to light again today- hop...
01/11/2007
After having breakfast with a divorce attornry today, (about referral business, not for my own personal use, thank goodness!) he talked to me about a problem he sees....that Realtors are not giving honest home price listing information to the 'homebound half' of a divorce. He accused most Realtor...
01/04/2007
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Loren Johnson

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Thoughts about Mortgages, the Real Estate market, how customers should be treated, and mabye sports!