Missouri industry appointments update - 9/29/2006

Sep 28, 2006

Braheem and Dallas author loan originator 'Survival Guide'MortgagePress.comLoan originator marketing strategy Tim Braheem and Bill Dallas have released a book, titled "Strategic Financing: A Survival Guide for Loan Originators," written to help loan originators understand and overcome the industry's ongoing structural changes. An electronic version of the book and an accompanying software toolkit are available for download at no cost at www.loantoolbox.com/strategicfinance. The 70-page title, authored by Braheem and Dallas, advises loan originators to abandon the "old rules," which applied to the business cycle of the past five years, and adopt the "new rules," which have been adapted for survival and profit in the current business environment and are described within the book. Tim Braheem is the founder and CEO of Westlake Village, Calif.-based LoanToolbox, a training and marketing solutions provider for the mortgage industry. For more information, call (877) 684-8665 or visit www.loantoolbox.com. Bill Dallas is the chairman and CEO of Ownit Mortgage Solutions, a mortgage bank based in Agoura Hills, Calif. For more information, call (877) 443-0405 or visit www.ownitmortgage.com.

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Sep 28, 2006

Analysis and Data

Late Pays Rising for Student, Auto Loans

More of those with strong credit records have gone delinquent

Delinquencies are building across two major food groups — student loans and automobile financing — the feed credit scores and are sure to impact the ability of would-be home buyers to obtain a mortgage. The Education Department hasn’t updated its official student loan rep...

Analysis and Data

Buyers Faced Bigger Down Payments in 2024

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Down payments reached record highs in 2024, both in dollar amounts and as a share of purchase price, according to a new report from Realtor.com. The typical down payment in Q4 was $30,250, slightly below Q3 but about $3,000 higher than a year earlier. "As inventory recove...