Real estate blog entries tagged with bird dogs by Novation Mortgage

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bird dogs: "Bird Dogs", Assignment Fees and Greed - 05/28/08 12:43 PM

Okay - let's start this one out the easy way. If you are a "bird dog", "locator", "consultant" or whatever name you use to call your unlicensed, uninsured, no background check business I don't care if you like my words, ever recommend my company to your "clients" or want to get … (4 comments)

bird dogs: These Generally Raise Fraud Flags (or badges) - 01/16/07 05:56 PM

These are FLAGS which raise suspicion during the Quality Control procedures of any loan. Today, more than ever in any times past, lenders are examining every acquisition and refinance loan under the proverbial microscope. There are power automated fraud detection systems such as DISSCO from Interthinx, AppIntell from GHR Systems, Falcon … (2 comments)

bird dogs: The Closing Agent Represents The ... - 12/12/06 04:06 PM

... Lender.
Ouch. I know most people really do not know this especially sellers and buyers it seems. The closing agent's fiduciary (not pronounced fudooshree as I hear so often) responsibility is to the lender to make sure all of the documents are fully executed in the right manner and that the … (0 comments)

bird dogs: Two Words: Federal Endictment - 12/04/06 04:27 PM

There are many people who will do almost anything for a few bucks. If you've read my blog postings here and other places you know I'm no friend of the fraudster whether or not they claim to have some special super secret formula. Here's the most common "formula" I've seen lately … (4 comments)

bird dogs: Disturbed: A Morning Vent About Bird Dogging - 11/29/06 08:54 AM

And we wonder how we lender's underwriters get such a bad name... Dear LICENSED REAL ESTATE PROFESSIONALS,I love you.Signed,Ken Dear UNLICENSED BIRD DOGS,You want respect? Earn it. Get a license and show me some E&O insurance. If we would all just take one minute and think about the extreme risk we take as … (4 comments)

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