mortgage lenders: Fall means football, hunting, fishing and a change in the weather - 10/26/09 05:31 PM
Fall is my favorite time of year in Oregon and it always has been. I am not a fan of hot temperatures so the fall brings relief. Nothing is better than a cool crisp October day to bring about that euphoric feeling of all things macho. Of course, I speak (3 comments)
mortgage lenders: Changes in the mortgage industry - 09/17/09 04:35 PM
I came across a great blog that is worth the read. It is short:
http://www.linkedin.com/groupAnswers?viewQuestionAndAnswers=&gid=119616&discussionID=7281287&commentID=6615555#commentID_6615555
The author relates Darwin's theory of evolution to the evolution of the mortgage industry and especially as it relates to small brokers vs. large lenders. It seems to me that he is correct in his assertion (1 comments)
mortgage lenders: The Future of the Mortgage Industry - 07/24/09 02:39 PM
Yesterday I posted a blog titled "The Death of an Industry" and it obviously struck a nerve. The Mortgage Lending community has been put under the microscope lately and tensions are running high. My blog discussed how changes in business practices by large commercial banks and mortgage bankers, combined with new (1 comments)
mortgage lenders: Death of an Industry - 07/23/09 06:22 PM
I opened my first mortgage brokerage company in 1991. The industry trend was away from banks and toward brokers. Brokers had several intrinsic advantages:
•1. They could shop the market place for price. While most lenders pricing is very close, mortgage brokers could find that one lender that was buying the (61 comments)
This class is held by appointment at our offices in Lincoln Center, near Washington Square in Portland, OR. It consists of the following:
•1. A one on one credit evaluation including a free credit report.
•2. An hour of training on credit scoring and (0 comments)
mortgage lenders: Indymac - an insiders view - 07/16/08 11:43 AM
After the most painful year of my 24 year mortgage banking career, I can now report that I am officially an employee of the Federal Government. As everyone knows, last Friday the Office of Thrif Supervision put Indymac Bank into receivership and tranfered most of the assets to a new company, (4 comments)
mortgage lenders: Fascintating times in mortgage lending - 03/16/07 04:19 PM
As of today, 39 national lenders have closed their doors this year. The departure of so many lenders is leaving a vacuum in the industry. The stronger companies like American Home Mortgage are posturing to fill the market void by providing competitive programs that fill a huge need. If you want to track the lending (0 comments)
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