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2013
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WHEN THE REAL ESTATE AGENT STOPS TALKING So I find myself today pondering why the Real Estate Agent stopped talking. I have a transaction for purchase of a bank owned property. The buyer was pre qualified and I had been working with her for over six months to be sure she was ready. Then she w...
07/30/2013
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STOP PLAYING WITH YOUR MONEY!!!!! Some days I just want to shout at borrowers PLEASE STOP PLAYING WITH YOUR MONEY! As most seasoned loan originators I go to great length at the beginning of a loan process to collect bank statements and reinforce how important documenting transfers and deposits of...
07/17/2013
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OFFSHORE APPRAISAL REVIEWS Those of us in the industry have read with interest articles this week about Bank of America sending their appraisal review to India. Reasons cited include, of course, cost. See the article here from "Mortgage Servicing News". http://www.nationalmortgagenews.com/daily...
07/02/2013