Thoughts and Ideas About Mortgages and Related Industries

During this holiday-oriented week I wanted to write a quick blog post regarding three things that are relevant at this time.  First of all the NMLS licensing takes effect January 1, 2011 and loan officers who aren't working for a national bank and haven't passed the NMLS test and completed the li...

We have all seen and been through a lot of changes in our related industries over the last three and a half years since the credit crisis put a stranglehold on the lending industry and sent the housing market spiraling downward.  Loan officers have arguably had the most change to their industry w...

Since November 12th the bond market and the mortgage-backed securities (MBS) market specifically have seen a lot of volitility with strong selling pressure.  There have been six big down days over this time, only two of which were isolated.  Conversely, the up days have been much smaller and the ...

In my opinion, this article from DSNews about home prices being 14-17% undervalued is good news.  If we can find potential clients who have a stable job, decent income and the assets for a down payment and closing costs, we should be better able to convince them that now is a great time to buy a ...

Many of you who are reading this may have heard of "Think Big, Work Small" with Frank and Brian.  If you have, you may be aware that they are now doing short little strategy videos for Saturday and Carl White usually does those.  The video from this past Saturday had to do with your mindset - whi...

Here we are in December with the big holiday season closing in on us.  Soon we'll be inundated by company Christmas parties and other social gatherings and visits by family and friends from far away.  There will be lots of Christmas shopping to do and perhaps an equal amount of time spent on cook...

As I have met with lots of Realtors over the past few months promoting the benefits of the FHA 203(k) Streamline, I have noticed that there is a general (mis)perception that the FHA 203(k) Streamline is a difficult loan, a pain in the butt.  That may be the case for the full FHA 203(k), but not t...