Archive for December, 2007

Loans Closed in Ten Days…Now Nationwide!

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Due to an improved correspondent relationship, the Ten Day Team now has the ability to deliver conforming loans to the following states:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, […]

Program of the Week: Lease Option Buyout

Program of the Week:
10 Day Lease Option Refinances.
If you have done Lease Options this year, chances are FHA & Conventional rates are better than they’ve ever been.  With some of the more stable programs coming your way, it should be very possible to get your clients into their home.
Right now–even with the holidays–we’re still able […]

What’s in a qualifier?

This is currently running in Monster.com.
And I gotta know…who the people that admire Countrywide still are…?

Oh, Countrywide.
I couldn’t what qualifier the little cross referred to.
So I made my own:
Top Ten Groups Covered by Countrywide’s Asterisks
10.)  People that really believe that now is a great time to buy a house.
9.)  By people that currently are […]

Getting The Trust Back

(This post originally appeared on Blown Mortgage a while ago, and is reprinted here).
So, how dare I insinuate a loan officer may be even a little bit responsible for putting his/her borrowers in a suicide loan? It was fascinating to get that firsr dose of impassioned hate mail, that.
“What am I supposed to do, starve?” […]

World Class.

I don’t get it.
In my business–you do the same three things over and over again.  With only a couple of exceptions, I’d guess that EVERY Business does the same 3-10 things over and over again.
So why do people act like it’s the first time, every time–with everything they do?
Taking an application is the most important […]

Why don’t Loan Officers Blog?

Right now, Realtors are kicking the rear end of mortgage brokers with useful information online.  Sure, sure, a lot of what Realtors say is the tired and tedious “economic reason to buy a house,” which doesn’t fly right now, but there are a ton of fantastic agents blogging daily.  This list doesn’t even scratch the […]

Cutting LTVs.

This post, written by Chris Johnson, originally appeared on Blown Mortgage ten days ago.
The phrase “Declining markets,” are going to become more and more important. Banks are being burned by the lack of appreciation in Midwestern areas like Indiana, Ohio, and Michigan, and imploded areas like Nevada and Florida. Loans aren’t performing because people in […]