I am new to active rain and so this blog will be an introduction. I have a wonderful website called www.mortgageconsumer.com. I also have a blog called www.mortgageconsumerblog.com. However, I now wonder about just what are the benefits to blogging here compared to blogging on my website blog. Can I copy my blog information from my blog to this blog or is original content the key. I certainly need to find out about the rules and the protocol about blogging here and setting up links too. I feel like I just embarked on a long journey with this website and I'm excited to participate further. Plus, what is with this point system and what advanatage is it to even have points? I love the fact that there is so much to discover about this site, but I feel at home here since I have been a loan officer for 7 years and I know the business pretty thoroughly.
Next blog will be thoughts about the industry and the mortgage business and the rates and the volitility. If a person doesn't have something to say about what is happening in our industry well....... how can one not express their thoughts when so much is going on.
For example, is it true that over 150 billion dollars has been lost in the mortgage meltdown? How many NEGAM loans did you put your client's into and why? Was it worth it knowing that many of the loans you originated might have been the ones now blowing up? Or were you the one of caution who advised clients away from teaser rate mortgages and convinced them to lock in a 30 year loan at 5.25% so they could sleep sound at night.
I consistently guided my clients seeking Oregon Home Loans, or even those clients from California seeking poor credit home loans away from the teaser rates, and so I too get to sleep well at night. Of course, I did not get many refinances from them because the rates have never dropped as low as what they were during the refi boom of 2002 and 2003, but I sure get lots of referrals from these satisfied clients.
Have a good evening.