radio mortgage: Radio Mortgage Interviews Jason Blackburn About Success - 01/17/09 02:46 PM
Jason Blackburn of Laser Focus For Life was our guest on Radio Mortgage last week.  I “met” Jason on Facebook two months ago, when preparing for the “Power Of Twelve” seminar.  Jason wrote a referral script for my seminar and asked nothing in return.  That connection led to a number of telephone calls which made me realize that Jason had a lot to offer.
Jason points out that many of our actions are incongruent with our mission.  He explains that our actions need to be inspired by the “buy-in” from both our hearts and our minds.  Jason is not a “touchy-feely” … (3 comments)

radio mortgage: America's #1 Mortgage Rates Report: January 14, 2009 - 01/13/09 10:02 PM
The US Treasury Department has been supporting the mortgage bonds market, in order to keep mortgage rates under 5%.  I cited two reasons why sub-5% rates might not happen:
1- Capacity: Lenders don’t have the horses to ride since they laid off so many workers in 2008.
2- Greed:  Lenders typically made a loan at a rate and sold it for about a half a point profit.  The improvement in mortgage bonds allowed lenders to fatten up their margins and make as much as 3% of the loan when they sold it.
I think the real reason was more in line … (28 comments)

radio mortgage: Radio Mortgage: Lower Stocks And Lower Mortgage Rates? Look To The Numbers - 10/15/08 01:40 AM
Sean “Rocky” Purcell and I discussed his big prediction of the stock market bounce and I repented for my recommendation to stay “unlocked” in hopes of lower mortgage rates.
Download and enjoy this light-hearted 17 minute show
We felt the near-term future for stock and bond markets would depend on the numbers not events.  We’re looking closely at Retail Sales (which were weak) and CPI, specifically Core CPI, this week.
NB:  The feel of our show is very "garage band" but the content has been good.  We've risen to the number six position for the keyword "mortgage" on iTunes in 4 … (1 comments)

radio mortgage: Radio Mortgage: It's The End of the World As We Know It? - 10/10/08 12:25 PM
Sean Purcell and I recorded a 15 minute episode this afternoon about what the stock market crash means for working REALTORs.  We may come across as a couple of polyannas but we think the stock market might get some respite from…Columbus Day.
We talk about the great opportunities for investors and how REALTORs can court them.
Listen to the episode here
Originally posted on Bloodhound Blog
… (6 comments)

radio mortgage: Bloodhound Blog Radio Hosts Matt Padilla, author of Chain of Blame - 09/22/08 01:33 PM
From Bloodhound Blog:
We interviewed Matt Padilla, author of Chain of Blame- How Wall Street Caused the Mortgage and Credit Crisis.  This book, released in May, 2008, details a history of non-prime lending, the S&L crisis, securitization of mortgages, and what went wrong.
Download and Listen to the 45 minute interview here
An excerpt from the book, by co-author Paul Muolo:
He had made this argument before subprime lending began to boom in 2003. He believed it down to his toes — that Wall Street (despite his contempt for it) would keep the housing market honest because the Street controlled the … (4 comments)

radio mortgage: Matt Padilla Scheduled For Radio Mortgage - 09/17/08 01:57 PM
Have you been listening to, or participating in Radio Mortgage ?  Each Monday afternoon, at 4PM, we invite California REALTORs to listen to and participate in our 40-60 minute "radio broadcast".  Of course, we welcome ALL REALTORs but the show is focused on helping California REALTORs thrive in this market.
Our first show discussed the Fannie/Freddie Bailout.  Last week, we hosted Ronda Green from the Nehemiah Down Payment Assistance Program.
Our guest this Monday (September 22) is Matt Padilla.  Matt is a regular business and finance columnist with OC Register.  He co-authored a book about the mortgage crisis, Chain of Blame- … (4 comments)

radio mortgage: Radio Mortgage: Nehemiah Down Payment Assistance Program - 09/15/08 01:26 PM
Our guest on RadioMortgage.net, this week, was Ronda Green, area manager with the Nehemiah Down Payment Assistance Program.
We discussed the Lehman Brothers bankruptcy filing and the Bank of America/ Merrill Lynch merger.  After our brief commentary, we introduced Ronda who discussed the political battle seller-contributed, down payment assistance programs face.  Assuming a successful reintroduction , we had Ronda walk through the process of the program.  Ronda asked folks to support the program by writing their Senators at www.DPAgroundswell.org
Our stated purpose of RADIO MORTGAGE is to educate REALTORs about mortgage programs and offer marketing ideas to them.  The Nehemiah Down … (6 comments)