Featured Articles

ReverseLinks: An roundup of July 2009's links to reverse mortgage articles and reports
A HUD news release, dated July 15: David Stevens Sworn in as HUD Assistant Secretary for Housing and FHA Commissioner: HUD Secretary Shaun Donovan said, "David's knowledge in real estate, housing and the mortgage industry will help us... Read more
NMP Market Barometer: August 2009 Part I
Provided exclusively to National Mortgage Professional Magazine by David Beadle, president of BestInfo, Inc., home of the BestRates cell, pager and e-mail rate alert service for mortgage industry subscribers. A reading of "1" has the... Read more
Forward on Reverse: An assault on fairness ... quash Mortgagee Letter 2008-38 (Part I)
Author’s note: In the dying days of the Bush Administration (Dec. 5, 2008), the Federal Housing Administration (FHA) issued Mortgagee Letter 2008-38 (ML-08-38). ML-08-38 is a raw deal for America’s seniors who have taken, who are taking or... Read more
Value Nation: How strong is the FHA loan?
Over the past few months, we have heard much about all of the bank loan failures, Fannie Mae and Freddie Mac going bankrupt, the commercial lending market heading south, and Wall Street taking a bath on toxic loans. Our whole economy has... Read more
The Un-Comfort Zone: What’s pushing your buttons?
What motivates you? That’s the question I’d like to ask in this inaugural column on motivation. Are you motivated by fame, fortune or fear. Or is it something deeper that fans the flames inside of you. Perhaps you are like Jeanne Louise... Read more
Ask Brian:What station are you tuned into?
Dear Brian: I went to a seminar of yours about a year back in Cleveland. Almost all my business is refinances, and I'm looking to go after the certified public accountants (CPAs) in the area and I'm not to sure how to approach it. Looking... Read more
Shutting out mortgage brokers … be careful what you wish for!
While I am a mortgage banker and have been on both sides of the fence the past 29-plus years, it pains me to think what may happen if mortgage brokers are shut out of the lending business. In recent weeks, there has been a number of... Read more
NMP Mortgage Professional of the Month: Mat Ishbia, National Sales Manager, United Wholesale Mortgage
Each month, National Mortgage Professional Magazine will focus on one of the industry’s top players in our “Mortgage Professional of the Month” feature. This month, we had a chance to chat with Mat Ishbia, national sales manager for United... Read more
FTC enforcement of Red Flag Rule to begin Aug. 1, 2009
Mortgage brokers and all other “financial institutions” as defined by the Red Flag Rule that are governed by the Federal Trade Commission (FTC) have an additional 90 days to prepare for compliance the Red Flag Rule. The term “financial... Read more
A view from the “C” Suite: Questions about the future of wholesale are growing
Many executives today who occupy the “C” Suite are pondering questions related to the future of the wholesale production channel. They are asking themselves and their fellow “C” level executives questions like: ◄ What on earth has happened... Read more