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State Regulation of Second Mortgages & Home Equity Loans – M

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State Regulation of Second Mortgages & Home Equity Loans – M

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Mortgage FAQ- Mortgage Loan Programs

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Ron Morris explains different mortgage loan programs. For More information contact Ron and Delynn at 727-298-8888 www.easymortgageanswers.com
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Florida Mortgage Broker’s Guide

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Florida Mortgage Broker’s Guide

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Mortgage Broker or Banker – Internet Marketing and Social Media Tips

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This video offers social media tips and internet marketing strategies for mortgage brokers or bankers, including making a video about every single form involved in the mortgage application process, claiming your business on Yelp and encouraging reviews, writing and distributing educational articles online and creating a blog where you can chronicle and explain the many legislative changes taking place in the mortgage and real estate industry.Patrick is the author of Webify Your Business Internet Marketing Secrets for the Self-Employed (2009) as well as Make Yourself Useful Marketing in the 21st Century (2008) and has spoken about Online Branding and the Social Media Revolution at conferences around the world. www.WebifyBook.com Patrick is a sought-after professional speaker who has spoken in Canada, the United States, Europe and South America. He speaks about leadership on todays social internet, small business marketing and the opportunities of our changing information economy. Call 510-282-4115 to inquire about speaking fees and scheduling. www.PatrickSchwerdtfeger.com He is also the organizer of the Entrepreneur & Small Business Academy, a 1700+ member business club sponsored by Microsoft. The group provides an educational forum for local entrepreneurs, small business owners and self-employed professionals. www.meetup.com Patrick Schwerdtfeger, Champion of the Modern Entrepreneur

How To Use A Virtual Assistant-Chris Lamm (Mortgage Banker,California)

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With over 10 years experience and training, I pride myself on being able to find mortgage plans for everyone from first time homebuyers, to seasoned real estate investors. Becoming one of the highest producing loan officers in the country in less than 5 years of originating, I work with passion to educate my clients on the best strategies to meet their long term and short-term financial goals through real estate finance. This is a tough industry to work in, and although I am not perfect (no company is) we have a reputation for “getting loans done that others couldn’t”. reddinglender.com http christopherlamm.com http www.facebook.com
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KCB mortgage portal

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www.ntv.co.ke Kenya Commercial Bank’s mortgage lending arm S&L is now lending as much of its loans to retail home developers as it is to large scale real estate developers. KCB’s Divisional Director for Mortgages Caroline Kariuki says there is a huge untapped market for home development loans, with the favourable economic environment boosting the uptake of mortgages. KCB has launched a web portal, to provide an up to date base for interaction with its potential customers and S&L members on all matters related to real estate.
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Australian Mortgage Broker CPD and Diploma Solution

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Australian Mortgage Broker CPD and Diploma Training Program for MFAA and ASIC Compliance
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2 Reasons why Use a Mortgage Broker

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Mississauga Real Estate www.gailsellshouses.com 2 reasons why you would use a mortgage broker. Watch as Cecilia Dutra from Dominion Lending explains the importance of using a mortgage broker when considering buying or refinancing your home.
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San Diego Mortgage Broker Rants on Condition of Current Housing Crisis

admin — Tue, 31 May 2011 12:38:24 +0000

San Diego Mortgage Broker Rants on Condition of Current Housing Crisis

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Home Page > Finance > Mortgage > San Diego Mortgage Broker Rants on Condition of Current Housing Crisis

San Diego Mortgage Broker Rants on Condition of Current Housing Crisis

Posted: Apr 19, 2011 |Comments: 0
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Years of originating mortgage loans in San Diego and throughout Southern California has given me a strategic viewpoint. It took our government three years to figure out (or at least publish) what the rest of us figured out two to three years ago. The housing crisis we have been in for years now would never have been possible without the lies, conflicts of interest, deceit and greed of Goldman Sachs and the rating agencies, Standard & Poors and Moody’s.

Many news outlets are reporting today about a 635 page report released yesterday by the US Senate on this topic. Here’s a link to one short article found on CNBC.com this morning – http://www.cnbc.com/id/42576329. According to this article, the report finds that banking giants were selling mortgage backed securities investments to their largest clients, securities which had the highest rating available through the rating agencies, while they were actually betting against the investments through their own proprietary trading.

Does anyone remember Pete Rose? Of course you do. He was absolutely shredded to pieces the by the public, the media and the government for betting on baseball while he was involved in a management role in the league. To the best of my knowledge he never actually bet against his own team though. Now we have Goldman Sachs. They were making tens of billions of dollars selling investments that their own organization was betting against.

Don’t think Goldman Sachs has escaped this whole mess unscathed though. Last year they were drug into court, and after a short trail they were ordered to pay 0,000,000 (that’s 0 million) in fines. Wow, that seems like a ton of money. Let’s look at the numbers though. Goldman’s 4th quarter net income for 2010 was reported to be .4 billion, which, historically speaking for Goldman, wasn’t a huge quarter. If you annualize that number their yearly net income would be .6 billion. That would mean the fines Goldman was ordered to pay were about 5% of one year’s net income. How does this compare to the price paid by Pete Rose? Let’s assume Pete Rose makes million per year. Five percent of a million is ,000. I’m certain that just his legal fees were well over ,000.

I don’t believe Pete Rose should be nominated for sainthood, but there definitely seems to be a huge discrepancy in the punishment for the crime of betting while having a stake in the outcome. Think about the tangible impact of what Goldman Sachs has admitted to doing vs. what Pete Rose did. It’s an absolute joke what Pete Rose has paid, relatively speaking.

Don’t get me wrong. I definitely believe there is plenty of blame to go around for the mess we are all facing in housing. Loan officers were certainly selling these cruddy loans and making good money doing it, and the general home buying public was certainly caught up in the amazing increases in home prices fueled by the unrealistic lending products. It seemed that everyone was drunk on the juice that was the mid-2000′s housing market.

Nobody will ever read the entire 635 pages of the government report on the housing debacle, but I’m going to surmise that the government wants us to use the report as a lesson on what we should do in order to not duplicate the mistakes that have gotten us to where we are today with housing. Based on the punishment, or lack thereof, already handed down to Goldman Sachs, or any other parties involved, I’m thinking the lessons are very unlikely to have any real impact. Just my humble opinion.

P.S. Sorry to Pete Rose for drawing the comparison between him and Goldman Sachs. If anything, it was my intention to show how far out of whack the priorities of some really high level decision makers in our country are.

Feedback welcomed.

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As you search for a San Diego mortgage broker or San Diego home loans, make sure you ask questions and work with an experience loan originator. Get yourself up to speed by contacting Senior Loan Officer, Bill Provost at 760-282-4415.

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RM Compass to offer First American reverse-mortgage services.(TechNewz)(Reverse Mortgage Solutions Inc.)(First American Corp. (Santa Ana, California)): An article from: Mortgage Banking

admin — Mon, 30 May 2011 14:32:31 +0000

RM Compass to offer First American reverse-mortgage services.(TechNewz)(Reverse Mortgage Solutions Inc.)(First American Corp. (Santa Ana, California)): An article from: Mortgage Banking

This digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on January 1, 2009. The length of the article is 367 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.

Citation Details
Title: RM Compass to offer First American reverse-mortgage services.(TechNewz)(Reverse Mortgage Solutions Inc.)(First American Corp. (Santa Ana, California))
Author: Unavailable
Publication: Mortgage Banking (Magazine/Journal)
Date: January 1, 2009
Publisher: Mortgage Bankers Association of America
Volume: 69 Issue: 4 Page: 88(1)

Distributed by Gale, a part of Cengage Learning

List Price: $ 9.95

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