Charles G. Hennebeul's (amcashinc) Blog

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Mortgage and Lending - AMERICAN CASH SOLUTIONS INC

ARCHIVED BLOG POSTS

2008 

Well, here is an interesting time we are in...some banks that gave out home loans are failing and at the same time trying to collect trhough collection agencies and law firms from consumers.  I wonder, do banks hire employees that have filed for bankruptcy? What if a bank files for bankruptcy or ...
07/17/2008
But there are other construction lenders out there on the residential side.....many builders had a great relation with Indymac and loan officers were encouraged to refer the builders to them... Indymac gave lines of credit to smaller mortgage banks to lend and this takeover by the Feds will lead ...
07/12/2008
Recent coverage of my comments by Matt at Inman News was fair and objective.  He ask a  good question that I think we all know the answer to regarding if more real estate agents are sitting in parking lots.....my opinion is yes and no law will ever be able to stop the parking lot kickbacks Howeve...
07/08/2008
Back in 1999 when I was at a major stock traded lending bank a lady came in and applied for the job.  The manager was so excited at her resume and was basically telling her to start Monday.  She was so excited but later in the week word had spread throughout the branch that the Manager was very u...
07/07/2008
Well, I won't say which lender but 600 people from the division are supposedly out of jobs and it was before 4th of July.  I am working on a  2+ million dollar loan and was going to use them since they have a good program.  This company was straight from Wall Street and had double dipped into res...
07/06/2008
OK so I have posted my referral fee table on my website..it is deals that close and fund.  My personal opinion is that RESPA is a waste of time in terms of preventing kickbacks.  When I first started in 1999 being a loan officer my boss told me that she would meet in a car parking lot to give the...
07/03/2008
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Charles G. Hennebeul

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