The NMP Blog

We Are All Going Back to School

Submitted by Paul Donohue on January 01, 2010

How long has it been since you had to pass a rigorous test? For me, it had been 14 years since passing the National Association of Mortgage Brokers Certified Residential Mortgage Specialist (CRMS) exam. That obsession to cram, that difficulty sleeping the night before, that vague feeling you've forgotten something, that nervous unsettled stomach in the morning, the dreaded start of the timer... Read More

What Are You Seeing as it Pertains to QC Personnel Experience?

Submitted by Tommy A. Duncan on January 01, 2010

I’ve seen a number of resumes from quality control (QC) professional who state they are underwriters and have performed QC in pass positions. During the interview process, I am amazed of how little they know. When interviewing QC professionals, make sure there is a clear, articulate communication from the QC professional of their definition of QC, underwriting, fraud detection and due... Read More

NMLS and State Testing for Mortgage Professionals

Submitted by James Barnes on December 30, 2009

I have talked with many people on the street about the new national test. I am hearing that more than 60% of the people taking it are not passing it even though they are seasoned mortgage professionals. Most of the comments I'm hearing are that about 35% of the test is on Federal regulations and obscure facts about the regulations.
If you you have taken the test, tell us what was on it... Read More

Monthly Letter from the Publisher: NAMB/WEST, Building Relationships, Mortgage Professional of the Month

Submitted by Andrew T Berman on December 21, 2009

 

National Mortgage
Professional Magazine
December 2009 - Volume 1 - Issue 8

 

FEATURED COMPANIES
IN THIS ISSUE

Abacus Mortgage Training and Education
www.acethesafe.com
ACC Mortgage
weapproveloans.com
Byte Mortgage Software
www.byte-cbc.com
Calyx Software
www.... Read More

Mortgage Direct Mail Snap Packs Still Going Strong

Submitted by influenced on December 15, 2009

Even with the recent FHA changes, we are actually seeing an increase in the mail volume for this month with our mortgage direct mail snap packs. If you would like more information on our mortgage direct mail programs visit http://www.influencedirect.com/mortgage-direct-mail.

The Secret of Making Tons of Money With a Reverse Mortage Marketing Campaign

Submitted by hfbadvertising on December 09, 2009

Here a several simple steps that you can do to make a ton of money doing reverse mortgage marketing campaign.
Here a re 5 simple steps
1. Get a flyer designed professional print it on nice gloss stock. Check out example.
2. Use the right envelope.
3. Use a chart with numbers to show what the customers will receive. Don't use a sales letter people don't read.
4.... Read More

Texas National LO requirements

Submitted by James Barnes on November 24, 2009

Just confirmed with the State of Texas regarding education requirements. Depending on wheatear you currently hold or have held a mortgage broker or loan originator license in the State of TX the below will apply. Keep in mind that we are dealing with the state and they can make any changes at any time.
* If an LO has never been licensed in Texas he or she will have to take the 20... Read More

Monthly Letter from the Publisher: MBA Convention, 40 under 40, Growth in 2010

Submitted by Andrew T Berman on November 16, 2009

 

My perspective on the MBA Annual Convention … some bad news and some good news
This year's Mortgage Bankers Association Annual Convention in San Diego had a great vibe in the air, reminiscent of better times in this industry (sans overspending on gaudy and lavish parties). It's no wonder since the MBA figures that this year, mortgage originations are projected to be at almost $2... Read More

Golf & Taxes - a Winning Combination

Submitted by Connections on November 13, 2009

Death & Taxes?
How about Golf and LESS Taxes?
a clever and fun strategy for success
by: Bill Madonna
Bill Madonna Golf Academy
Death & Taxes – How about Golf and LESS Taxes?
If you could increase your sales, grow your business, lower your taxes (and perhaps your handicap), feed the hungry, house the homeless, or provide toys for tots all by simply... Read More

Smart Professionals Boost Sales and Save THOUSANDS with Private Clubs

Submitted by National Mortga... on November 13, 2009

Private Clubs Save Thousands
for Smart Professionals
...increasing sales is about meeting the RIGHT people.
Facing a country in a recession and looking for ways to increase business, and cut expenses at the same time, Orlando area businesswoman, Sue Copening, did something a little "out of the box."
She joined an exclusive, private membership club.
"I needed a... Read More