Featured Articles

2009 … The year of the regulation
The year 2009 may be remembered as the year of the regulation. Between the collapse of the mortgage market, the increase in foreclosures and the overall malaise in the economy, mortgage originators and bankers face more regulatory changes... Read more
Value Nation: What is a real deal in real estate?
Amongst all of the stressful trials and tribulations of the economy lately, many are looking for a silver lining in what has been, for the most part, a very cloudy set of circumstances. Even though it is common knowledge that interest... Read more
Will homeowners and buyers lose $45,000?
Federal Reserve officials have met and issued a statement saying that their program to purchase $1.25 trillion of mortgage-backed securities will be winding down by the end of year. “The Fed is the single largest buyer of mortgage bonds in... Read more
The underwriting process: 2009
Hello, it is now 2009 and it is time to come clean with your customer that today’s underwriting is not like it was two years ago. Many of you are aware that every underwriter is making sure that they dot their “I’s” and cross their “T’s,”... Read more
Are you busy?
Rates have caused an influx of business. Now what do we do with it? Ever-changing guidelines are challenging the most experienced loan officers. Every time I see an e-mail from a loan officer, I wonder, have they read the new guidelines?... Read more
ReverseLinks: A roundup of August 2009's links to reverse mortgage articles and reports
► Golden Gate Financial posted on Aug 10: "New Data Shows that Economy and Higher Reverse Mortgage Limits Are Driving Seniors to Seek More Immediate Cash Benefits." As we approach what appears to be the bottom in the housing market for... Read more
The Un-Comfort Zone: Will you freak out or hunker down?
Sometimes motivation is forced upon us. We are thrust into the Un-comfort Zone. And, whether we sink or swim depends on how we respond to the situation. How do you react during a crisis? Here are the stories of two men who faced a crisis... Read more
Commercial loans?: An overlooked opportunity! (Part I)
Now is a good time for competent residential brokers and loan oficers to expand their market to include at least some commercial lending. This would make up for the declining residential business, and at the same time, would make the loan... Read more
Trend Spotter: Real estate investors ... “Where’s my bailout?”
How would you like to generate some business with qualified real estate investors using three simple strategies that have been lost in all the “bailout” noise and confusion?! Strategy #1: Utilize a reverse mortgage to purchase a two- to... Read more
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