Real Estate Blog - Mortgage Pro Week In Review -- 1/21/08 Through 1/27/2008

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Mortgage Pro Week In Review -- 1/21/08 Through 1/27/2008

When Jeff Belonger asked me to do the Mortgage Pro Week in Review I readily accepted the invitation. I have seen some good quality posts this last week. I hope you enjoy them as much as I have. I have read many mortgage posts over this past week and have come up with this weeks Mortgage Stars.

This Weeks Stars are:

Now lets get to the good stuff:

Mortgage Company Review..It Gets Ugly by Rob Blake. This post is a lead in to his outside blog but I really recommend you take the time and read this post.

Lowest Fee and Lowest Rate Mortgages by Jim McGrath. Jim really explains what the price bumps are when looking at Mortgage Rates.

Mortgage Merge Accounts are they Safe for Consumsers by Karl Christen. This is real life scenario of what can happen. A must read

Mortgage Rates: Are you Ready to Limbo?by Jason Sardi. A great look at how rates are lower. Of course while you read it I am sure you can sing the Limbo song.. I know I did

Should I Float? or Should I lock?by Matthew Rosov. This is a great serious of posts that Matthew does on the market conditions.

This is No Mumbo Jumbo: Big Fat Mortgage Rates are about to Drop, Be Readyby Janet Guilbault. This some great information on Jumbo Loans.

Are Money Merge Accounts Reps Feeding on Challenging Times for LO's by Rhonda Porter. This is a great post of what some people will go to when selling these type products.

2008 FHA & Conforming Loan Limits.. Truth or Rumorby Jeff Belonger. Jeff once again writes a great post about with the truth is about FHA & Conforming Limits are. I highly recommend this is as a must read.

MI (Mortgage Insurance) Vs. Sub Prime Mortgage Programs. Things You Should Knowby Matthew Blum. By doing the Week in Review I do get a self-promotion. However, this is still a good example of when not qualifying for a Conventional loan with Mortgage Insurance that the world is not over.

Difference Between the Fed Rate and the Mortgage Interest Ratesby Russ Ravary. This is how Mortgages rates work or better the ABC's of the Mortgage Rates.

Word of Warning to Big Banks Shutting Down Wholesale Divisions by Ken Cook. This is a great post for those people who need to vent. Ken really lays out the truth about the industry.

Definition of Forbearance by Mike Muller. Mike writes a great post on what Forbearance really is. A must read

______________________________________________________________________________________________________

Next weeks Mortgage Pro Week in Review will be written by Mike Jones. 1/28/2008 through 2/3/2008

Ron Avneri 2/4/2008 Through 2/10/2008

Don Draughn 2/11/2008 Through 2/18/2008

Mortgage blogs by loan officers Here is a list of Loan Officers. If you are not listed, please email Jeff Belonger to be added. This way the person doing the Mortgage Pro week in reviewcan try and find most mortgage related posts in one section. Active Rain is growing rapidly and it is difficult to keep up.... If you think you have been ignored, you have not. This is open to all!!!

MORTGAGE PRO Week in Review A repository for the Mortgage Week in Review. Please don't hesitate in joining this group.

Posted by Matthew J Blum - MyFavoriteMortgage.net on 01/27/2008 05:37 PM

Comments (44)

mortgage pro week in review, active rain, mortgage industry

Post is included in group: MORTGAGE PRO Week in Review

44 Comments on Mortgage Pro Week In Review -- 1/21/08 Through 1/27/2008

Matthew! Thanks for the honorable mention! Glad to see some use coming out of it all!

Great list of authors and posts - missed most due to stuff. This is much appreciated!

01/27/2008 05:21 PM

by Matthew Rosov, Certified Mortgage Planning Specialist (Envision Lending Group)

Congrats to all these Mortgage Heavy Hitters! We are so honored to have such knowledgeable and experienced colleagues among our community!

(well, all except Jason, maybe...)

01/27/2008 05:38 PM

by Rich Jacobson ~ ActiveRain Community Builder (ActiveRain Corporation)

Well Matthew...

I guess if I ever have a question about Mortgages this is the post for me.

Thank you :)

TLW...ROAR!

01/27/2008 05:43 PM

by "The Lovely Wife"...Broker Bryant's Wife... (Co-Owner Tutas Towne Realty, Inc.)

Matt, Thanks for the work. I know that it's a lot. I've been away from The Rain pretty much for the past several days so I'll have to bookmark this and come to read these great posts.

01/27/2008 05:59 PM

by Marc Grossman, GRI - Central Florida Real Estate Specialist (Keller Williams Premier Realty)

Matt..... nice job in finding some posts that were great mentions. Especially since I missed most of these, so I have some reading to do. I just wished I would have dressed better for the occasion. ;o) Thanks for the mention and thanks again for doing this.

01/27/2008 06:04 PM

by Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages -- Mortgages (Infinity Home Mortgage Company, Inc)

Matthew- Thank you for doing the week in review. It is a lot of work to do reviews. It is nice that you took the time to do it. Katerina

01/27/2008 06:09 PM

by Nestor & Katerina Gasset, Realtors® Wellington Florida Luxury Homes (International Properties and Investments, Inc.)

Hi Matt - nice job on this. I had caught about half of these and they are very good. I like how you used the pictures here - nice touch.

Ann

01/27/2008 06:19 PM

by Portsmouth NH Real Estate ~ Ann Cummings (RE/MAX Coast to Coast - Portsmouth New Hampshire)

Hi Matt,

Great job on this week's review, its nice to have all this great information in one place. :)

01/27/2008 07:13 PM

by Suzanne Sands-Somerset, MA Real Estate (Century 21 Associates Realty)

Matthew, My Pleasure I really enjoy your serious that you write.

Rich, I agree.. and we can add Jason... :-) We have some great talent on Active Rain

TLW, We do have some mortgage knowledge on this post. :-)

Marc, I know these posts are not easy but I really enjoy writing them. I really try to look at other posts that I might not have seen. It really shows we have some great writers in the AR community

01/27/2008 07:19 PM

by My Favorite Mortgage.net - Matthew J Blum

Jeff, My pleasure anytime you need me to write this I would do this again.:-) Please next time try to dress a little better..lol

Katerina, It was my pleasure

Ann, Thank you. I did try with the pictures to show the stars... and even me..<blush>

Suzanne, Thank you. These blogs where really great this week.

01/27/2008 07:23 PM

by My Favorite Mortgage.net - Matthew J Blum

Thanks Matthew! So funny you would pick that particular post but hey - I was definitely feeling it! All you other guys, Jeff, Jason, Rhonda, Mike and all of you - great work as usual.

01/27/2008 08:01 PM

by Novation Mortgage

Ken, I really liked that post. I could feel your vent..:-)

01/27/2008 08:12 PM

by My Favorite Mortgage.net - Matthew J Blum

Matthew, it's an honor to be included with a number of notable writers on Activerain. Thanks for the time and effort you put in each review as well.

01/27/2008 08:20 PM

by Karl Christen Utah Mortgages~Mortgage Planning Expert (Envision Lending Group)

Great job Matt.

01/27/2008 08:43 PM

by Neal Bloom-Realtor ® Assoc.-CRS-Weston FL (RE/MAX Premier Associates)

Matt, I'm honored to be included with this group and I look forward to reading all of the posts! :)

01/27/2008 08:48 PM

by Rhonda Porter CMPS (Mortgage Master Service Corp.)

Hey man! Gonna check out any of these links I may have missed. Thanks For the information!

Good Luck in Your Business!

Tom Davis - A Delaware Real Estate Agent - Delaware Home For Sale Realty

01/27/2008 09:18 PM

by Delaware Homes For Sale:FREE SEARCH! Tom Davis : Delaware Real Estate, Click Here (Delaware Real Estate,DE Homes,Find A Home ERA Realty Realtor)

Oh boy, this is always my favorite featured post every week for obvious reasons. Thank you for including me, and for taking the time to compile the list. I plan on reading all that I missed.

01/27/2008 10:10 PM

by Janet Guilbault, California Mortgage Expert (Peregrine Lending Company)

How did I miss this group. I'm joining. Thanks.

01/28/2008 01:14 AM

by Hemet Home Loan Guy, Joey Aszterbaum (Patrion Mortgage)

Karl, It is my pleasure. You really wrote a great post

Neal, Thank you

Rhonda, It was my pleasure. You wrote a great post

Tom, Please do. These are some great posts.

01/28/2008 06:06 AM

by My Favorite Mortgage.net - Matthew J Blum

Janet, This post is always mine as well. I am thankfull to Jeff for letting me do this. You wrote a great post!

Joey, Not sure... Now that you joined you won't miss it again..

01/28/2008 06:09 AM

by My Favorite Mortgage.net - Matthew J Blum

Matt, thanks for the review. I have acutally asked permission of one writer to include his post on an outside site of mine.

01/28/2008 06:29 AM

by Bradenton Florida Real Estate - Dan Forbes (Sarasota Metro Properties)

Matthew, I notice you did not point out any of your great posts this week. That my friend shows true character and putting others above yourself. I like that!

01/28/2008 06:46 AM

by Missy Caulk Ann Arbor Real Estate (Keller Williams Ann Arbor, Michigan)

Watch it Jacobson! The check is in the mail Matt:-)

01/28/2008 07:11 AM

by Jason Sardi, Pennsylvania Mortgage Broker (First Choice Equity Group Inc.)

Great posts......I haven't had a chance this week to read most of them..Thanks for your hard work!@

01/28/2008 07:21 AM

by Keith Hoffman - 1st Advantage Mortgage Residential Mortgage Specialist (1st Advantage Mortgage)

Thanks, I have only seen a few of these I will try to take a look at the rest of them today.

01/28/2008 07:23 AM

by Joey Remondino Broker, GRI, E-Pro (StoneHouse Realty Inc)

Dan, So I guess that makes mine chopped Liver? ha ha.. Just kidding

Missy, I did select one of my own.. But thank you for your compliment..:-)

Jason, Cool... I could use the $$$

Keith, Thank you. These where some great posts I thought

Joey, Please do.

01/28/2008 07:26 AM

by My Favorite Mortgage.net - Matthew J Blum

What a treasure trove of information. For any of contemplating refinancing (which I am currently doing) your synopsis is very helpful.

01/28/2008 07:43 AM

by Diane Bell, Hilton Head Real Estate, Bluffton (Charter 1 Real Estate, Hilton Head, Bluffton, SC)

Matt - Terrific review. I love all the photos at the top, I'm sure that took some time to do but it brings a terrific sense of personality to the post! Great summary of each of the posts too.

01/28/2008 07:57 AM

by Stanton Homes - Penny Hull: Raleigh Area Custom Home Builder (Stanton Homes Inc - Raleigh Custom Homes)

Thanks Matt. Nice to be recognized along with such an esteemed group of colleagues. With all the changes going on in our industry, you've must stay informed. ActiveRain sure is a good source of relevant and useful info.

Jim

01/28/2008 08:44 AM

by US Mortgage Corporation

Great post. I love getting as much information as I can. Congratulations on the self promo too...lol.

01/28/2008 08:48 AM

by Christy Powers - Pooler, Savannah Real Estate Agent (Keller Williams Coastal Area Partners)

Thanks for putting together this great list. It makes it so much easier to keep up with what is going on. I've been away for several days, and these posts are very helpful.

01/28/2008 09:15 AM

by Karl Burger - Pensacola Real Estate News (ERA Beach Ball Realty)

What a week to do the review...great job and great choices!

01/28/2008 11:40 AM

by Lake Norman Real Estate ~ Diane Aurit (RE/MAX at the Lake)

Diane, Thank you so much. I hope it does help you

Penny, The photos where did not take much of my time up. But thank you so much for your kind words

Jim, I agree about being informed. It amazes me how many Loan Officers still advertise programs that don't exsist anymore

Christy, LOL..Thank you .. alittle self promotion is not a bad thing

Karl, My pleasure hope you enjoy them

Diane, You write the truth. We had some major changes.

01/28/2008 01:14 PM

by My Favorite Mortgage.net - Matthew J Blum

Looks like a lot of information. Thanks for your hard work. I will bookmark this and read it later.

01/28/2008 05:14 PM

by Portland Oregon Real Estate >> Wayne B. Pruner, GRI (Oregon First)

Wayne, It was my pleasure. Glad you enjoyed the post

01/28/2008 05:44 PM

by My Favorite Mortgage.net - Matthew J Blum

Great blog and love what your are doing with your site

01/28/2008 07:09 PM

by Dick Betts (Dick Betts National Speaker)

Dick, Thank you.

01/29/2008 06:43 AM

by My Favorite Mortgage.net - Matthew J Blum

Excellent job Matt....and we need these kind of posts right now...the mortgage industry is really making me crazy...these posts are great to keep us up with the trends.. thanks for putting this together...

01/29/2008 07:43 AM

by Midori Miller-Daytona Beach Florida Real Estate Trainer (CENTURY 21 Sundance Realty)

Midori, THank you so much. True the mortgage industry is a crazy place now

01/29/2008 02:17 PM

by My Favorite Mortgage.net - Matthew J Blum

Matt,

Sorry I'm late here...have had the week from you know what LOL. Love the mortgage star theme and I see I have some reading to do. Great recap with a nice variety of posts! I know it's a lot of work to put this together..thanks!!

01/31/2008 07:33 PM

by Cheryl Hale - South Florida Mortgage Lady (Boca Raton Mortgage Broker)

Thanks for taking the time to put it together. great list.I have a lot of reading to do.

02/01/2008 05:16 AM

by GITA BANTWAL, REALTOR BUCKS COUNTY, PA HOMES (ReMax Centre Realtors)

Cheryl, Sorry to hear about your week. Hopefully it will get better.

Gita, My pleasure. I hope you enjoy these posts.

02/01/2008 06:25 AM

by My Favorite Mortgage.net - Matthew J Blum

Mathew - Sorry I'm late to the party! Thanks for the mention. That is a great list isn't it.

02/02/2008 10:05 AM

by Mike Mueller (Patagonia Finance)

Mike, Thats ok. better late then never.:-) You wrote a great post!

02/02/2008 10:13 AM

by My Favorite Mortgage.net - Matthew J Blum

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