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Andrew T. Berman's blog

Hey homeowners, your equity just grew (well, some of you)!

Sun, 2010-02-14 13:26 — Andrew T. Berman

Just got done reading Ken Harney's Homeowner equity makes surprise turnaround. Ken reported on the "Flow of Funds" survey performed on homeowners.Read more

Seeking Bylined Articles for Our Focus on Embracing the First-Time Homebuyer

Thu, 2010-02-04 12:08 — Andrew T. Berman

As buyers in the race to beat the deadline for the first-time homebuyer tax credit near the finish line, we know many of our readers are ramping their first-time home buyers efforts. We want to hear from you what's working in your market or what suggestions you have for other mortgage professionals looking to target the first time home buyer now and in the future.

For our March 2010 edition of National Mortgage Professional Magazine, we are seeking bylined articles from our readership covering the topic of "Embracing the First-Time Homebuyer." Read more

Can you help struggling Mortgage Brokers and Loan Officers?

Thu, 2009-08-27 05:40 — Andrew T. Berman

Over the last few weeks I have been talking to a host of Mortgage Brokers and Loan Officers that have been really struggling this year. In some cases, season vets with 10+ years experience of doing honest, ethical, and profitable originations, just leaving the business. Oddly enough, I have talked to Mortgage Brokers and Loan Officers that have been thriving and are having a GREAT year. Individuals who are cranking out loans and having fun doing it. Seems the main difference between those that are struggling and those that are thriving are:Read more

Why my Fridays stink! (more bank closings)

Fri, 2009-08-14 23:56 — Andrew T. Berman

OK, they are not that bad. Heck, I love know that I will have two days of not being 100% focused on work and get to spend time with my family. What I don't like about Friday is that Friday the FDIC releases its hit list of bank closings.

Bank Closing - Union Bank, N.A., Gilbert, AZ: On August 14, 2009, the FDIC was named as Receiver for Union Bank, N.A., Gilbert, AZ by the Office of the Comptroller of the Currency. Read more

Marketing has changed, but the rules are the same

Tue, 2009-07-07 06:22 — Andrew T. Berman

In today's world, we have instant access to powerful tools to learn more about potential business partners and referral sources, however the old rules still apply no matter what marketing and sales medium we use. This video does a great job of demonstrating that in a tongue and cheek manner.

 

 Read more

Wholesale is ALIVE!

Thu, 2009-06-25 09:11 — Andrew T. Berman

I am really excited about the resurgence in wholesale that seems to be taking place. Our response to the "Who's left in wholesale" guide really has been just short of overwhelming. From Brokers submitting their suggestions on the various social networking site to lender participation, I feel this feature in the July issue of the National Mortgage Professional Magazine will really be surprised by how many options there are out there in wholesale.Read more