Steven Pearson's Blog

I have a conspiracy thought as well. I beleive that banks are managing their inventory to baance out there profits on a monthly basis on their balance sheets. If you remember banks that received TARP monies went through a "stress test" recently. So these banks show how much money they lent out an...

I saw an article about the FHA 203k loan product. I think it is a great product based on the type of market we are in currently. Here is why I beleive this way: There is a large number of homes on the market for sale that are either Bank owned or in some form of default These homes are typically ...

It has been awhile since I have written a blog, but I was with a customer a few days ago and the client was considering using me and another Loan Officer froma  major bank. She selected me and my company to do business with; the surprise to me was the clients reasoning for her selection. I thoug...

I read a blog today, which was posted by a Real Estate Agent, who saw an interview on the Fox Business Show. I read her response and it was very interesting. The Fox Business Show premise seems to be that a Real Estate Agent showed someone a house and the consumer brought the house and now the ho...

It has been awhile since I have written a blog, but I was with a customer a few days ago and the client was considering using me and another Loan Officer froma  major bank. She selected me and my company to do business with; the surprise to me was the clients reasoning for her selection. I thoug...

Ok, you all gave me encouragement to continue writing until my heart's content; well here goes. Now I know we all can understand how the public might view our industry with some disdain; and that is one of the reasons we all like this forum to dispel misinformation. With that in mind, why can we ...

I read a post by Fred Thomas III; in which he spoke about how the Real Estate Industry and the Lending Industry seem to be taking the brunt of all this discourse over the number of foreclosures and defaults on mortgages. It has put us all in a situation that we feel like hanging our head in shame...