Annapolis Maryland - High Quality Mortgage Advice
Mortgage ramblings from Lewis Poretz -
Mortgage Advice - Market Updates - Problem Solver
ARCHIVED BLOG POSTS
2007
I have recieved two phone calls and numerous emails from AR members that found my information on Active Rain just this week. THe pitch is " I am a fellow AR member" or " You responded to one of my posts" - basically they are saying because we are co-members of Active rain they have been granted p...
03/22/2007
I recieved this email yesterday. My information was taken from Active Rain. Simply amazing - how can we turn this guy in? Name:Hans Kadel Email Address:kadel_001@yahoo.fr Subject:Fraom Hans IP:213.136.116.219 Message:Hans KadelDear sir I know that my message will come to you as a surprise since ...
03/20/2007
Those 1% Pay Option arms that many, many people used to purchase a house that they really could not afford, are ready to ignite. Not only does negetive amortization start from day one if you elect to only make the "minimum" payment, what your trusted mortgage advisor forgot to remind you is these...
03/18/2007
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Ok - This is more of a question for all the mortgage people out there than a blog -----Does anyone feel that net branches are the next to go???Please, everyone offer up their take on this. Rough times ahead in the mortgage industry but we will weather the storm. Some of us have before and we will...
03/16/2007
Goodbye subprime market - I am happy to see you go! I never liked you anyway ----And to all you bad credit originators who typically whack clients with huge fees and have given us mortgage brokers who treat our profession with honesty and integrety, " don't let the door hit you in the a@@ as your...
03/15/2007
I have a subprime borrower who has refinanced 3 times in the last 4 years. At one time her score was 700+. Now it is 589 and falling. This client loves to drag her feet and has a history of being a no show at settlement. The loan itself makes sense as it is saving my client 500 a month. In order ...
03/10/2007
Rainmaker
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Lewis Poretz
Business Development Manager
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