loans: 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)

loans: 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)

loans: Why being in a "Bull in a China Shop" no longer works today! - 08/04/09 02:45 PM
Okay, today the preverbial "Straw that broke the camels back" hit me...so here is why, and my advice to the "Ruling Class" out there!  Folks- Forcing things, threatening, having your Manager call, or just plain being a Bull in a China Shop no longer works today!  All it does it create more problems, animosity, and stress!  It gets WORSE when this is passed on to the customer! 
I have some absolutely CLASSIC qoutes coming in here...but will try NOT to be VERBOSE! 
 ( call or email Jason Sardi for a definition of verbose LOL )
 

I got this comment today … (61 comments)

loans: 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)

loans: The dreaded "Home Improvement Show"- Tips to make it work for YOU and your business! - 07/01/09 07:53 AM
Hello! It's Bucky again!  In the past I have done blogs on making a GOLF outing work for you, Open Houses work for you, then another blog on Open Houses, and have even done what I consider inspirational blogs like one on the movie WALL-E.  However, today I have decided to try and help my fellow RAINERS by doing one on the dreaded "Home Improvement Show" and making it work for you!  This was our booth at the Dane County Fair, and is nothing special....but please read on..
 
First things first, if you are going to effectively work these shows you … (10 comments)

loans: TARP, HARP, CARP & Kissing your Sister! - 06/30/09 02:42 PM

 The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions in order to strengthen its financial sector. It is the largest component of the government's measures in 2008 to address the subprime mortgage crisis.
 Did you know that TARP also stands for Tunnel and Reservoir Plan?  The official name of Chicago's Deep Tunnel.  This project  aims to reduce flooding in the metropolitan Chicago area, and to reduce the harmful effects of flushing raw sewage into Lake Michigan.
 Hmmm...sounds like they have alot in common!  One flushes cash, and one flushes … (8 comments)

loans: 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)

loans: Two EVIL words for Realtors & Lenders ALIKE to get to know..."Undue Influence"...IMPORTANT information on HVCC rules! - 06/19/09 09:17 AM
Much like many of my posts, I am inspired by something that happened to me, is happening, or has happened to someone else, or in this case, a blog by another ACTIVE RAINER.   I spoke to a couple of senior members on this website before I posted this information, because I had considered linking to the blog that inspired me, as well as some of the comments that had been left.. Well, after much thought, I have decided to just post information instead...and let everyone reading draw their own conclusions!

This is a VERY evil two word phrase right now, … (79 comments)

loans: 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)

loans: Search & HOLD!!! SEARCH AND HOLD....SEARCH & HOLD! - 06/10/09 07:22 AM



"A Search and Hold provides information of record as to the current property owner, to be used for reference when listing a property."
This product also advises the Realtor and Lender of any potential pitfalls such as an IRS lien, unreleased mortgage, 2nd or 3rd mortgage,lis pends, other names in title, divorce's old & new, as well as trusts etc..etc...etc...etc..! In addition, it shows AMOUNTS OWED....that allows EVERYONE to JUST DO THE MATH!
I REALIZE that Realtors already UNDERSTAND what this is!  so...please dont attack me for being BASIC!HOWEVER, I don't understand why they are not used as often as … (6 comments)

loans: One of our own QUOTED on BLOOMBERG! Congrats to Tom Burris! - 06/05/09 05:09 AM
Well, he is an ACTIVE RAINER, an Evil Mortgage Genius, and a Cowboys Fan, but now he is also a "Guru of Wall st". 

 
 
Congrats to TOM BURRIS!  You do not JUST get the GOLD STAR, as I am also bestowing upon you the "BLUE STAR"!
Tom was quoted in this article on Bloomberg.Com by Brian Louis talking about the rising interest rates!
You can access the article by clicking HERE!




Tom said: 
"If people hear that rates are going up, I think they hesitate a little bit," said Tom Burris, a … (19 comments)

loans: 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)

loans: 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)

loans: 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)

loans: If you advertise it, will they come? AN OPEN question to open houses! 12 great suggestions! - 05/28/09 05:43 AM

This is a VERY interesting topic, and came up with a REALTOR I spoke to JUST last night!!  She is a 20 year Vet of the industry, and doesnt believe in OPEN HOUSES!  Well, I DISAGREE!  I have made alot of REALTOR contacts at them, customers that may not have bought that particular home, but still bought another one, and many great prospects and friends!  We need to REVERSE this attitude!  Also, and let me be loud and clear, saying something like, "well, that doesnt work in our area of the country" is ridiculous!  Prosepcting is prospecting, no matter where you live!
I … (81 comments)

loans: 100% & The Basic Steps on getting approved for a Guaranteed USDA loan!....A great loan for Wisconsin! - 05/26/09 02:38 PM
No doubt, USDA loans are a great product!  Jason Sardi has blogged about them, I have blogged about them, and many others as well!  However, what you MAY NOT KNOW, is the BASIC steps involved when getting approved that will save consumers, Realtors, and even OTHER LENDERS who dont understand this process very well...ALOT of time!


 
1.  Take a COMPLETE application.
2.  Pull your OWN credit!
3.  IF credit score is above 620 you are golden!
(what that means is express documentation, Ill explain that further later)
4.  Fill out the Express Rural Development Approval Form
5.  Gather as … (22 comments)

loans: 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)

loans: 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)

loans: 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)

loans: USDA loans can be used to buy "fixer uppers"...Here are the best tips I know! - 05/22/09 05:50 AM
Hello everyone!  Everyone on AR,and in the Realestate Market...I am sure KNOWS that USDA loans (where applicable) are arguably the BEST PRODUCT OUT THERE!!!  However, did you know that you can purchase a home that needs some LOVE and FINANCE the improvements?  All with NO MORTGAGE INSURANCE AND AT 100% of the purchase price or value?
Now, let's be realistic...your listing, or the house you want to buy...cannot look like this!
 HOWEVER, A USDA "subject to" appraisal can be done on a home that needs a little less love!!!
Now, what is a "Subject to" appraisal you ask?
It is an appraisal done on a home, SUBJECT … (83 comments)

 

Darin Osenberg

Nashville, TN

More about me…

Funky Quail Vintage

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

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