Dominick's Blog

Im in NY and am having a rough time on a certain leasehold deal because of a title issue Yesterday i posted on AR a blog asking fellow members for help One member contacted me and mentioned i should speak with a Rommel Guzman of Island Title in Hawaii I sent an email to Mr Guzman and he replied a...

My processor just told me that Aegis has closed its doors This includes Aegis and AegisHome Equity as well Not that it affected me becasue i never had 1 loan with them Just giving all my fellow AR members who may use this company the heads up Hope you all have a happy 4th of July Dominick Gaccino...

  5 REASONS YOUR CLIENTS SHOULD HAVE AND KEEP A MORTGAGEMortgage planner and author Ric Edelman urges consumers never to own their home outright or pay it off, regardless of age or income. Here are five reasons why Home Asset Advisor's mortgage planning principles can work for your clients:A mort...

I was just looking at Quicken loans and they clain 9 out of 10 of their borrowers are happy with the service and send referrals back to them. They say 9 out of 10 is 90% and they give themselves and A!!!! I feel it should be 10 out of 10.................every single person i have EVER done a loan...

This week brings us the release of only two reports that are may cause movement in mortgage rates. Neither of them are important enough to warrant much concern or attention. One is considered to be of moderate importance and the other is not likely to affect rates at all unless it varies signific...

I had a freind contact me on behalf of his daughter who is buying a house. The daughetr was using a friend for her Mtg. The Broker had no clue what he was doing and the process has been dragging on for months now from what my friend told me. He begged me to get involved and help get this deal clo...

Economic UpdateFriday's bond market as opened in negative territory as yesterday's selling carries over into today's trading. The stock markets are showing gains with the Dow up 45 points and the NASDAQ up 13 points. The bond market is currently down 7/32, which will likely push this morning's mo...

If you read my previous post or have listened to market on the news you know rates went up. When this happens i usually let all the clients i am dealing with know(I also tell them to switch on the news or check out the net for this info) This mainly applys to the clients i have who are still eith...

the most important thing of being in sales is getting cosistant referals for loans. I have in the past 2 years built very solid contacts with many realtors in westchester, putnam, dutchess, rockland and the bronx. I have proven to them that i can get their deals closed which is the most important...

Hers the loan Co-op(owned free and clear) 260k value70LTV (all cash out) 182k loan amount 650 fico score stated income/verified assets ISSUE:tradelines-has 2 for 16 and 4 for 2 months anyone know of a lender that will do this? accept alternate trades? sub prime doesnt do co-ops and conforming nee...