ask andrew: Yorba Linda Oktoberfest - 09/22/07 09:54 PM
Ok if you read my post about the San Antonio's Catholic Church Fiesta Days in Anaheim Hills well a week later in a far off (well the town next door) town the sister church St. Martin De Porres has an Oktoberfest. Plenty of food! I had a brat last night. There is a … (0 comments)
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ask andrew: To ASK for The Business or NOT! - 09/20/07 01:35 AM
This is going to be a very blunt post. Are you sitting down? Maybe you'll be LMAO or ROFL! Maybe you'll get mad and say "How Dare He!". I bring this up for because I have heard from two very different perspectives. I run my business from a very honest foundation. You don't … (4 comments)
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ask andrew: Out of My State REOs - 09/20/07 12:39 AM
First I am flattered and also willing to do what I can to point interested Realtors that want to do REOs for Countrywide in the right direction. So far in my posts I have been very candid about what the process is. Some of you ask questions and haven't read my … (3 comments)
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ask andrew: BUYDOWNS ARE BACK TO HELP REALTORS CLOSE! - 09/16/07 05:47 PM
Buydowns are nothing new. I recall buying my first home in 1996. I wondered how I was ever going to be able to afford to buy that Condo on my entry-level salary. Enter FHA and a 3-2-1 buydown. At 7% my payment was supose to be around $1,385.00 per month. For … (5 comments)
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ask andrew: COUNTRYWIDE An Analogy of the smart businessman! - 09/14/07 01:18 AM
In a comment made regarding Author Bill Nazur's recent AR post I responded: 12 billion reasons to be thankful for Countrywide's Persistence Please visit Bill's Post.
Quote: "Maybe we should leave them A LOAN... " Barry Shapiro http://activerain.com/findcamarillohomes
Barry - Like that one! Please by all means I work for Countrywide "Leave … (1 comments)
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ask andrew: OPS! Mortgage In Action! - 09/13/07 12:58 PM
At first I wondered "What am I going to write about here on Active Ran" The more I become involved the more inspiration I find from the masses. I was suppose to be a journalist according to all my skills tests. Somehow God left out the spelling gene when I was created. Well … (0 comments)
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ask andrew: WHO COMES FIRST? THE CUSTOMER OR YOU? - 09/12/07 09:16 PM
I was reminded of several employees I had at one time after reading the following post: Caring Realtor vs. In It For The Money . After you become very proficient in your field, mortgage lending being my craft, you start to realize the potential to make a lot of money. Unfortunately … (14 comments)
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ask andrew: COUNTRYWIDE REO PROGRAM - 09/11/07 04:36 PM
A number of you have inquired about becoming an approved Realtor/Broker to list and sell Countrywide's Foreclosures. In my BLOG response (below: Countrywide's Approval Procees) I mention it is a 3 part process.
You are recommended by a Countrywide Retail Home Loan Consultant (like myself)The Retail Manager reviews a provided Resume, Marketing Plan, available capital, … (50 comments)
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ask andrew: COUNTRYWIDE: AVOIDING FORECLOSURES - 09/07/07 11:27 AM
Here is some Countrywide information I have been permittedto share with all of you. :
Avoiding Foreclosures:
An Overview of Countrywide's Homeownership Preservation Programs
At Countrywide, we take great pride in helping to put people in homes of their own. We also work diligently to keep hard-working families in their homes should they experience … (22 comments)
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ask andrew: COUNTRYWIDE'S REO APPROVAL PROCESS - 09/07/07 02:28 AM
THIS IS A RESPONSE TO JOHN KIM OF FULLERTON, CA. It had useful information so I decided to post it as a BLOG. Original Post can be found at: http://activerain.com/blogsview/196682/Countrywide-s-Bank-Appraisal
John,
I felt a tense mixed feeling from the room myself I won't say otherwise. What I try to convey to agents … (72 comments)
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ask andrew: Nostalgic Yorba Linda - 09/07/07 01:45 AM
The landscape has changed since I first moved there in 1983. At 15 I attended the local high-school; Esperanza High School (http://www.esperanzahs.com/) The school itself is actually located in nearby Anaheim. The average home price was $150,000.00 for a 2200 sqft. house. Larger homes were uncommon. East Lake Village (http://www.elvca.com/) , a state … (1 comments)
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ask andrew: Mortgage Market Review - 09/05/07 10:02 PM
Several factors have added up to increased pressure on the market.
Early today Citi lowered earnings estimates on several Wall Street firms. Pending sales of existing U.S. homes decreased 12% in July, the lowest since September 2001 (NAR) The release of the Fed's (BEIGE BOOK) has been vague at best. Most of the primary Bank/Lenders … (0 comments)
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ask andrew: 920 E CONCORD AVENUE, ORANGE 92867 - 09/05/07 08:44 PM
A Realtor I am working with is listing a property in ORANGE, CA. I have invited him to join Active Rain, but he is not a blogger. With his permission I am posting the listing. This post is to make any local Realtors aware of the listing. It is currently listed for … (0 comments)
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ask andrew: BLOGGING TO INCREASE READERS - 09/05/07 01:17 PM
This is my question? (Above) I have posted some very interesting articles. Now I have not put in fancy pictures, nor have I written an Epic Novel. I do get 6-15 readers per post, but thats it. Will anyone share with me your experiences? It also seems like some of the … (8 comments)
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ask andrew: Ethics in Question - 09/04/07 07:07 PM
I was writing a comment here on AR to Vera Gleason of Riverside,CA about how far agents will go with unethical tactics. A colleague of mine at Countrywide recently had a builder hide his docs (saying they weren't in on yet) and persuade the client to sign a fresh set with his preferred … (7 comments)
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ask andrew: Ethics in Question - 09/04/07 07:05 PM
I was writing a comment here on AR to Vera Gleason of Riverside,CA about how far agents will go with unethical tactics.
A colleague of mine at Countrywide recently had a builder hide his docs (saying they weren't in on yet) and persuade the client to sign a fresh set with his preferred … (0 comments)
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ask andrew: Time to Clean Up! - 09/03/07 03:26 AM
Now is the time for all loan agents and especially wholesale brokers to clean up their files. I know when I was underwriting there was nothing better than a file I didn't have to peel off the wall or try to figure out what was going on. I still don't know … (4 comments)
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ask andrew: Earthquake Lake Elsinore Area - 09/02/07 01:06 PM
Did you feel the earthquake this morning. It prompted me to find out just how big it was. 4.7 targeting around the Lake Elsinore area. I felt it in Anaheim Hills. I found a site:http://quake.usgs.gov/recenteqs/index.html http://earthquake.usgs.gov/learning/topics/richter.php Another helpful site.Update: Been hearing that this quake was felt in a large perimeter. My wife … (4 comments)
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ask andrew: Mortgage Banker Consolidation - 08/31/07 07:38 PM
I was just notified of a Top Wholesale Mortgage Banker consolidating offices and laying off the entire Los Angeles office. At the same time he said it was his busiest month ever. This was his reason. The company is a survivor and while it has been able to be flexible was not willing … (0 comments)
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ask andrew: President Bush Tackles Subprime Crisis - 08/31/07 02:59 PM
Spelled out: Assistance to help those people with good credit that just can't handle a recast by offing refinances through FHA. Now how high are FHA limits going to increase? In major city markets non-conforming loans are close and exceeding $1,000,000.00. It's the Neg-Am loans that call for the most serious … (0 comments)
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ask andrew: COUNTRYWIDE RESPONDS TO NEW YORK TIMES!!! - 08/30/07 12:16 AM
Please find a link leading to Countrywide issuing a formal rebuttal that addresses the Sunday New York Times story about Countrywide and the press conference held earlier today by Senator Charles Schumer. The attached comment has been sent to reporters who have inquired about the N Y Times article and about … (1 comments)
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ask andrew: Finding Foreclosures: A Great Read! - 08/28/07 02:25 PM
For those of you who don't know Bill Nazur, a great person with a diversified lending background. Our paths crossed during my underwriting days at Washington Mutual. After reading his and co-author Danielle Babb's book I found it very simple to read and easy to understand. While I have an extensive lending background … (0 comments)
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ask andrew: Pre Short-Sale: Alternative for Distressed Homeowners - 08/27/07 08:13 PM
I was scanning the news today. According to sources from RealtyTrac July Foreclosures were 179,599 up 9% from June and 93% from 1 year ago. Now I know there where not as many foreclosures in prior years so these increases seem greater than they are at first glance. According to HUD … (5 comments)
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ask andrew: Market Indicators at the Show - 08/25/07 02:05 PM
Years ago while I was in college there was an author my professor recommended. Shame on me for not remembering his name (Peter...). I do remember his advice which was brilliant. I wanted to be a stock broker, so this advice was all about buying stock as the author was a … (5 comments)
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ask andrew: Ever-Changing Guidelines - 08/24/07 05:36 PM
The Home Loan Industry is ever changing. Every lender is seeing changes being made. Some more drastically than others. Just in: Bank of America suspends all expanded criteria products until further notice. These products include but not limited to Stated Income/Stated Assets, Stated Income/Verified Assets, No Income/No asset, and 80/20. Is this … (4 comments)
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ask andrew: COUNTRYWIDE & BANK OF AMERICA - 08/23/07 03:32 PM
… (9 comments)
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ask andrew: Countrywide News on the Banking Industry - 08/20/07 01:40 PM
I am here to help. Obviously as an employee there are things I can share and other things would be considered insider-information and jeopardize my career with Countrywide. The following came over with permission to broadcast. Normally I would not re-post something like this but as people are left up in … (3 comments)
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ask andrew: Negative Publicity Breeds Positive Results - 08/19/07 02:15 PM
The Anaheim Home and Garden Show opened up this Saturday August 18, 2007. Countrywide has a space and I took the first shift. I would say 60-70% of every adult walking by had something to say. "Keep up the good work", "I can't believe you guys showed up today!" , "What's … (6 comments)
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ask andrew: Enter the Underwriter "Dragon" - 08/12/07 12:57 AM
I first entered Underwriting for one of the countries largest banks in 1998 leaving San Francisco based Insurance Company, Transamerica Financial, providing consumer loans. Right off the bat I noticed it was a "War"! Operations vs. Sales. I couldn't understand this. Yes agents could be pond scum at times, but don't we have that in … (0 comments)
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