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Featured Articles

Charting the course for the future of the broker industry: Lone Star State native Jim Pair leads NAMB into a new era
Lately, with each subsequent passing of the gavel of National Association of Mortgage Brokers (NAMB) leadership, it could be equated to a grown up’s version of the game Hot Potato. Legislation, proposed regulations, a downsizing and... Read more
FHA Insider: Getting borderline FHA loans approved ... become an artist and learn to paint the picture
Federal Housing Administration (FHA) loans are “Story Loans” … and the better you are at painting the picture for the underwriter, the more FHA loans you will close. The FHA was created in 1934, on the heels of the Great Depression, in... Read more
The most common mortgage fraud classification
The most common fraud classification in the first through third quarters of 2008, as reported by the Mortgage Asset Research Institute (MARI) by all states in mortgage originations is application fraud. Application fraud represented 61... Read more
Ask Brian: A group of buyers who need your help … now!
Dear Brian: I am struggling right now as I am sure many others are. My business is awful and every day, I consider whether to stay in the business or just get out. Every other originator and title company I speak to feels the same way. My... Read more
Trend Spotter: The aroma of sizzling financing incentives
Okay, so there you are … going about your day minding your own business. You’re really not that hungry. You are quite comfortable, actually. Then, all of a sudden, out of nowhere, that tempting aroma of your favorite food sizzling on the... Read more
Red Flags everywhere! The Red Flags Rule through the eyes of a lender
Over the past few months, we, as a lender (The Lending Company in Scottsdale, Ariz.), have embarked on what became a tedious journey through the rules of being Red Flag compliant. Little did we know just what all was involved. In the... Read more
Will Obama’s proposed new agency solve flaws in the credit reporting system?
On June 16, President Barack Obama released a plan to overhaul the government financial regulatory system in the 88-paged plan titled, “Financial Regulatory Reform, A New Foundation: Rebuilding Financial Supervision and Regulation.” While... Read more
Successful sales is success prospecting
Successful sales is successful prospecting. Lack of prospecting is the number one reason why people do not achieve success in sales. It could be from past experience, improper training, lack of confidence or any number of things that the... Read more
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