As our market evolves and the flux continues, we find ourselves looking into buying internet leads or live lead transfers.  We have spoken with several companies, but would like to know what our counterparts in the industry are utilizing.  Has anyone out there had any good experiences or know of any good lead generation companies?  

Benchmark Mortgage, The Heartwood Alliance Group is a multi-state mortgage banker that provides practical mortgage solutions to our clients. We provide the most professional, informative, and dedicated service in the mortgage banking industry. Ethical and responsible lending are maintained core values with all employees and collective processes define the everyday actions of the organization. Focus is on the best interest of our clients as we are dedicated to the development of long-term relationships. The team philosophy ensures our customers needs are never forgotten, creating a win-win relationship for all parties involved.

VOLATILITY continues to be the theme of the current market.  If you are prone to getting sick on a rollercoaster... hold on.  FMNA 30-year 5.5% Fixed Rate Mortgage Backed Security played the role of the biggest and wildest rollercoaster at the theme park.  It opened at 99.406 down from yesterday's close 99.75.  However, it has made a slight comeback this afternoon closing at 99.781.  Overall we finished the day relatively flat after the 50bps drop early in the day.  This is not the only indicator of what rates will do, but I have found it to be very telling.  With the worry that the Fed may start tightening the reins due to inflation concerns and the good outlook for tomorrow's stock market (thanks to Google), our ride is far from over.  My branch will continue to lock.         

Navigating in today's market has become so tough.  Lock, wait don't lock.  It seems we are in Vegas daily and I hate gambling.  The tables today were no different as all the gains we all enjoyed over the past several days came to an abrupt end.  With the stock market rallying on upbeat earnings news it was inevitable that the bond market would falter and today it did.  To be more specific, the FMNA 30-year 5.5% Fixed Rate Mortgage backed security which seems to be the biggest indicator of rates opened at 100.15625 and dropped all the way down to 99.75 at close forcing many lenders to re-price for the worst.  Today's drop took us below the 25 day, 50 day and 100 day moving average.  We are locking everything we have, but this is a very volatile market and we could see a rebound tomorrow.  Even with most experts looking for that rebound our shop will continue to lock with the 200-day moving average looming 130bp down.  At the end of the day this is my rant on what the market looked like for us today and hope tomorrow starts and ends better for all of us.