loan officer: The Perfect Storm Rages On - 11/11/10 01:31 AM
It wasn't all that long ago when the real estate market was flourishing. For many seasoned veterans, it was a time that they had long worked hard for and they were reaping the benefits of those long hours, weekend days away from the family, and the countless calls and showings and listings when times were a bit rough. It was the culmination of a lifetime of dedication and perseverance.
Not even the band of wagon jumpers could rain on that parade and we, as an industry, were so caught up in the positives that most of us refused to see, or … (1 comments)

loan officer: Do Banks Really Walk Away From Properties? And is it Good For You? - 10/27/10 05:06 AM
One topic that has become lost in the fray of the current economic recession and crisis has to deal with banks and whether they actually walk away from properties. The question may seem like an odd one to many industry insiders, and even more confusing for millions of homeowners who have been, or are, facing foreclosure but aren't quite certain what they can do about any of it.
The rules aren't etched in stone about how to set out dealing with these issues. There's no blueprint to follow and what one bank or financial institution does isn't necessarily right or wrong, … (0 comments)

loan officer: 3 Ways For Loan Officers to Be a Real Estate Agent Magnet For Referral Business - 04/12/10 03:14 AM

 
 
 
 
If you're a mortgage loan officer scrambling for business, you may already know that your efforts are better spent on landing referral sources (i.e., real estate agents) that are a pool of repeat business for you rather than targeting individual borrowers offering business here and there. The problem you're probably facing is the "how" of creating and building relationships with real estate agents as a source of repeat business.
Use these three tips consistently to build and solidify your relationships with real estate agents and you'll see a major boost in your bottom line.
Use Open … (0 comments)