interest rates: Sir Spamalot, Active Rain, The Mortgage Crisis, Food for the hungry and Reporting Concerns! - 08/12/09 02:29 AM
Okay, we know Jeremy Blanton and other hardworking RAINER staff members are WORKING on this horrible SPAM ISSUE, but now it is starting to get ridiculous!  I am expecting Zombies to come busting in any moment looking to eat my brain & get a loan modification!  Clearly they have a great hardship and just need a little help with their LOX!

 
Before you read on....please watch the following training video...
 
And now for something completely different......



First, the Bad news....



I received this today!
"Hi everyone. Cheerfulness, it would appear, is a matter which depends … (21 comments)

interest rates: I believe the learning is in the thread...and the BLOG only gets it going! - 08/07/09 08:15 AM
After reading the FEATURED blogs the last couple of weeks or so...I have been disappointed, happy, eager, discouraged, and every other emotion that I can/cannot think of right now!  That said, I truly believe that if you are going to AUTHOR A BLOG, especially a Contraversial one, then you should take the time to appreciate the commentors, and respond within the thread!   THAT IS WHERE THE LEARNING & EDUCATION TRULY HAPPEN!

 



 
Now, I am not saying to drink the "purple kool aid" like the Viking Fans are right now thinking Brett Favre is going to … (26 comments)

interest rates: Return of Bloggie! - Is it Hamsters or Squirrels running the servers at Active Rain? - 07/21/09 09:16 AM
A while ago, I did a blog on the new mascot for Active Rain, and I officially named him BLOGGIE!  Well, Bloggie met with mixed emotions....so, I gave some thought to quitting the Mortgage Business and going to Mascot School myself, and...as of now, STILL have not decided on that career path yet!  Read to the end of the blog for the ACTUAL new Mascot of Active Rain! (not approved by anyone at AR btw!)LOL Please note:   CLICK on any pictures below if you have speakers and need a laugh!

Here's Bloggie!
Wanda Kubat-Nerdin thought he was cute!
Cindy Jones thought squirrels, not … (28 comments)

interest rates: Hello Police?? This is Bucky...I've just been HIJACKED! Send help!! - 06/26/09 10:23 AM

 I saw this picture and could not resist...sorry...if it is too disturbing for some..please turn away....
Recently, an ugly series of events have been occuring within Active Rain, and other blog sites...and I have heard ALOT of comments about this from agents using Zillow as well.  I have come to know this as "HIJACKING SOMEONES BLOG". 
Many of us here on AR blog to make ourselves feel better, to provide GREAT CONTENT to other people in our profession, to build relationships, to inform consumers, to get FACTUAL information out about recent events or changes in the industry, and some … (93 comments)

interest rates: Mortgages: SO EASY A CAVEMAN can do them! - 06/17/09 03:41 AM
Apparently, the general consensus amongst many people is that Mortgages are easy to do and that communication solves everything!  Well, today I have decided to give everyone a glimpse into my life in the Mortgage business.  True enough, maybe the actual MORTGAGE is easy, but it is the "hunting & gathering" that is the problem! I realize that many people can already appreciate that things have become more challenging, but I truly want you to know that I AM NOT A CAVEMAN and it is not easy!

 8:08 am, got to office, large coffee.
Turned on computer, checked email, had 38 … (95 comments)

interest rates: Oh Great..More BS from the Guvt! HERA Mortgage Disclosure Improvement Act - 06/02/09 03:57 AM
I received an update yesterday from Wells Fargo, and as usual, they are getting in front of the change!  YEAH for them!  Here is what I received...PAY ATTENTION LOAN OFFICERS!


One more thing we can thank WALL ST for..


 However, are any of these REALLY bad ideas??Only one I SEE, is that NOW, and I am getting clarification, we will have to disclose TWICE??  Arghh... 
Oh and NICE APR suggestion!  People still dont even know what the APR is??  Now, we can really call the Truth in Lending disclosure, the Truth & Confusion form!
For all … (14 comments)

interest rates: The 2nd 12 OPEN HOUSE SUGGESTIONS! Let the debate continue.... - 06/01/09 11:11 AM
Do you make assumptions about OPEN HOUSES, because they have not worked in the past??  Well, DON'T DO IT!  Don'put the cart before the house, I mean horse!! LOL....Remember, this is from a "Lenders Perspective!"
 
I did a blog a couple of months ago, that was recently featured, and after such an overwhelmingly GREAT response...I thought I would GIVE AWAY 12 more ideas!
 I would be honored if you re-blogged me, and as always, whether you agree, or disagree, I would LOVE to hear your comments!
*DISCLAIMER*  These suggestions MAY NOT work for REO'S! 

LET THE DEBATE CONTINUE..........................
(21 comments)

interest rates: A Development in Rural Development! USDA UPDATE!! Information IS EDUCATION! - 05/28/09 11:56 AM
Well, today I emailed my Account REP at JP Morgan Chase, to let him know that we are STILL ALIVE & WELL!   I asked him if there have been any changes I need to be aware of, or pitfalls..etc...regarding USDA LOANS, and the "as improved" product, ...and this was his response!   (see below)
My most EXCELLENT Partners!
 




"The biggest change on Chase's end is that we now pull a tri merge credit report and use that for the underwriting of the loan."
"You may want to begin using Equifax for your credit reports on GRH loans … (4 comments)

interest rates: Do you have a Tiger in your Tank?? - 05/26/09 02:25 AM
They say a picture speaks a 1000 words, but seriously, how do your words paint the picture?
 

 
Since being on Active Rain, and commenting on MANY people's blogs, it has become increasingly disturbing to me the trend I am noticing!  That trend is the KNOW IT ALL vs. THE DEFENSIVE MECHANISM trend! 
 It has always been my understanding that blogging served several purposes, but none of them were related to the ongoing BATTLE I am seeing both on AR and other networks!
How did we reverse this trend you ask? Well, maybe we need to "tame" the Tiger … (25 comments)

interest rates: The "FANTASTIC FOUR" reasons to Refinance your WELLS FARGO MORTGAGE! PAY ATTENTION! - 05/24/09 06:23 AM
BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP

ALERT!  If you have a WELLS FARGO 1st Mortgage, there is an AWESOME PRODUCT OUT THERE IF YOU WANT TO REFINANCE!
The loan program is a HARP Freddie Mac to Freddie Mac Refi!        
Countrywide/Bank of America, currently does NOT do these!!!!!!!
I will list the features below, but PLEASE I BEG YOU!!!! JUMP ON THIS ONE!!!







(12 comments)

interest rates: Consumer Alert!!! IF YOU ARE A CURRENT WELLS FARGO CUSTOMER! - 05/23/09 12:49 PM
BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP BEEP

ALERT!  If you have a WELLS FARGO 1st Mortgage, there is an AWESOME PRODUCT OUT THERE IF YOU WANT TO REFINANCE!
The loan program is a HARP Freddie Mac to Freddie Mac Refi!        
Countrywide/Bank of America, currently does NOT do these!!!!!!!
I will list the features below, but PLEASE I BEG YOU!!!! JUMP ON THIS ONE!!!







(4 comments)

interest rates: Screw the Mortgage Biz...I'm going to Mascot School! - 05/22/09 11:16 AM
Okay, sometimes we use Active Rain to vent!  Today, I am declaring, change of occupation day!
Click here to know more about actual Mascot School!
Let's see..hmmm...which Mascot would I like to be...?? Hmmm???
 
 






 

YES!!
I would like to be the NATIONS #1 most familiar Mascot, but alas, you have to be a student at UW to be him...damn





He is cool tho!        Yeah Bucky!!!!!!!!




 

















(79 comments)

interest rates: Insurance agents, PLEASE get with the program!!!! - 05/21/09 12:48 PM
Often times, what inspires myself and clearly many others to post a BLOG is either an everyday occurrence, or in some cases an argument!  Today, that is what happened to me....a stubborn, stupid, argument, and of all people it was with an Insurance Agent!





 
 


Now, just to preface this blog...My father was an insurance agent for 30 years, and I grew up around it my whole life!  Many times, I even tell the story about how when the roof blew off the YMCA, my brother & I, even at a young age....helped … (11 comments)

interest rates: "Warning Will Robinson, Warning" - New 4506t Issue concerning Calyx Point! - 05/15/09 04:13 AM
WARNING for All Calyx Point Users!
 
Just 3 days ago, I had the new rules with the 4506T Request for Tax Transcripts affect my ability to close a loan as well as be efficient!  I am upset about it too!  I was on the phone with Calyx Point for about an HOUR trying to fix it, and right this minute it STILL is not fixed!
I DID NOT LISTEN TO MY OWN ADVICE!!! Arghhh 
Now, I am not upset at Wells Fargo...In fact, I am one of the few probably that LOVES working with Wells Fargo.  HOWEVER the issue on … (7 comments)

interest rates: FREECREDITREPORT.COM...can you hear the MUSIC???? Think "My SHARONA"! - 05/06/09 02:55 PM
The following was one of the 1st blogs I have ever done!  I changed it up quite a bit, but left the content approximately the same!  Now that I have been in "the RAIN" for a while, I thought it was DEFINITELY worth re-doing and re-stating!  Plus, I added pictures!  :)
 
***NOTE*** I am looking for EVERYONE to comment, so please do not be shy!  That means you credit scoring & repair companies!  HOWEVER, we are looking for ADVICE not sales pitches!
 
Well, so far, I have been to over 18 hours worth of "credit repair" training, as … (44 comments)

interest rates: Mortgage Broker vs Mortgage Banker Vs Bank. "What you talking bout Willis?" - 05/05/09 08:48 AM
 
Recently, I have been noticing a LARGE number of blogs on AR and other sites, talking about TOPICS in the Mortgage Business, and it is clear to me that the general public, as well as Professionals within our industry, are not noticing the differences of perspective that these blogs are coming from!  Soooo....I am going to TRY and simplfy it for everyone!  I by the way, have been all three of them!


 

 Mortgage Broker
 
The "matchmaker" between a homebuyer and/or person refinancing their home, and a lender with the goal of originating a mortgage loan. The Broker draws … (2 comments)

interest rates: New ALERT from the IRS regarding the 4506T request for Tax Transcripts! - 05/01/09 09:57 AM
 Attention!  Mortgage Lenders, Realtors, & Consumers!  ONE MORE THING that COULD slow the loan process down!  Be afraid, be very afraid!
 What is a 4506T form you ask?  It has been around for YEARS, but thanks to the Countrywide Fast & Easy Loans, Stated Income Loans, No Documentation Loans, and all of this "fine mess you have gotten us in Ollie", these are now being actually executed on most every loan.
 
I just received a WARNING from of all people, my CREDIT BUREAU company regarding the IRS 4506T Request for Tax Transcripts form.
This form is used by most all … (11 comments)

interest rates: Garage Sales! A great place to get a deal on a loan too! - 04/28/09 01:23 PM
Today, I couldnt help myself!   In my hometown, we are having an area wide garage sale!  Arghhhh...traffic everywhere, and people looking for bargains..and not watching the road...blah blah blah!~ I ride my Mountain Bike to work everyday, as I only live 1 mile from the office...sooo...it was especially disturbing to me that a used couch and it's price were more important than my health...but, that is another blog for another day! 

Well, every day on my way to work, I go by the SAME 3 houses that are listed for sale and notice that they all have the SAME 3 things … (6 comments)

interest rates: Pre-Qual, Pre-Approval, Approval, Loan Committment! What does it all mean??? - 04/21/09 04:57 AM


Pre-qualification letter:  This is merely a letter that the lender provides to the realtor when asked, to send on with the OTP, that shows the SELLER that the customer has made application, had credit pulled, and in the "eyes" of that particular lender, should not be a problem to get financed.  This letter is not much, but is MUCH better than someone who hasnt even applied yet!   MANY LOOPHOLES though.  Possibly, one addition here would be that the funder or lender has run DU, LP, DO, or something similar to obtain an electronic approval. 
 
 
 
 

(11 comments)

interest rates: Spank me with ARCRONYMS! The ULTIMATE "add to it" guide to abbreviations for Rainers & Consumers! - 04/17/09 09:48 AM
IN AN ONGOING EFFORT TO EDUCATE PEOPLE, I THOUGHT I WOULD PUT TOGETHER THE "ALL IMPORTANT" ACRONYM LIST!
 

FEEL FREE AS YOU LEAVE COMMENTS TO LEAVE ADDITIONAL SUGGESTIONS TO ADD TO THE LIST!
This is going to be a group effort, and by the time we are done, we should ALL have quite the resource for our customers!  Cut & Paste, or save it to your desktop to email!

AGI - Adjusted Gross Income
AIREA - American Institute of Real Estate Appraisers
AKA - Also Known As
 ALTA - American Land Title Association
APR - Annual Percentage Rate
ANSI … (11 comments)

 

Darin Osenberg

Nashville, TN

More about me…

Funky Quail Vintage

Address: krovy@aol.com, Nashville, Tn, 37211

Blogging important and factual information, enabling the general public and Realestate professionals lto stay informed on market happenings!


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