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New foreclosures in U.S. rise; total inventory remains stableMortgagePress.comU.S. foreclosures
According to data released by Boca Raton, Fla.-based, 87,794 foreclosed residential properties were
available for sale in the United States during October, a figure
almost unchanged from September. The total number of new

The Telephone Doctor: Are you passive, average or proactive?Nancy FriedmanSales tips
Take the Telephone Doctor's one-minute quiz and find out. Read
the scenario below and ask yourself, "Which sales type am I?"
Either on the phone or in person, a customer says, "Tell you
what .. I've decided not to take the Blue Widget."

SouthStar accelerates: Company launches Choice Option ARM, initiates internal training programmortgagepress.comSouthStar University, adjustable-rate mortgage, expansion
SouthStar Funding has introduced a duo of additions with the
launch of its newest product, the Choice Option ARM, and SouthStar
University. The Choice Option ARM is designed to provide flexible

Brokers prove to be the better bet: New study shows consumers pay lower rates with mortgage brokersmortgagepress.comAPR, mortgage brokers, sub-prime mortgages
The National Association of Mortgage Brokers has supported the
findings of Dr. Gregory Elliehausen of the Georgetown University
Credit Research Center. His findings report that customers who use

The high price of garbage: Shredding your discarded records can protect your company and clients Stanley M. Hurwitzrecord disposal, consumer privacy, regulatory compliance
Not long ago, in a seemingly simple scenario, police followed
two women whom they had seen 'dumpster diving' to a nearby hotel.
When arrested, the two women were sorting the contents of a dozen

Time for a national lending standardCharlie Elliott Jr., MAI, SRAnational standards, regulatory compliance, consumer protection
Most of us would agree that civilized societies, by virtue of
human nature, must subscribe as a group to social, professional,
ethical and legal norms. Even with these influences within our

Emerging market strategies: Gil Zapataniche marketing, Hispanic market, minority population
Today, the United States is increasingly becoming a melting pot
and the home to people from all over the world. No mortgage
professional can afford to ignore the large and growing Hispanic
market. Miami's financial district along Brickell Avenue has become

GE introduces errors and omissions productMortgagePress.comGE Insurance Solutions, errors and omissions, professional liability coverage
GE Insurance
Solutions has launched a product offering errors and omissions
professional liability coverage for mortgage loan originators and
brokers. The application and underwriting process is automated, and