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A Better Approach to Yield Spread Premiums?
April 22, 2002 "I read recently that HUD is not going to adopt proposals for requiring effective disclosure of yield spread premiums. Is there any other way of dealing with the problem that doesn?t involve throwing out the baby with the dirty bathwater?" There is ... more...

Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for.      1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more...

mortgage iterest interest house points only shriff sale what is related definitions

Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more...

Back End Points vs. Front End Points
Back End Points vs. Front End Points A point is a type of mortgage slang for a percentage point. The technical term for point is loan origination fee. In laymen terms, a point is a fee you pay to a lender or broker. ... more...

More about mortgage iterest interest house points only shriff sale what is

MORAL ARMOR'S Economic Warning for Americans
For years weve suffered under recession, prompting us to ask, When will it end? My answer is, Its only the beginning.Historically, recessions are the result of high interest rates, pushed up as the result of loose money policies. Recovery comes when citizens begin to spend more wisely, save money ... more...

7 Big Reasons To Invest In Pre-Foreclosures
Looking for an "in" to real estate investing?Working a nine to five job swapping time for money can be incredibly dispiriting. After the futility of it all hits home, it's all you can do to limit the number of home business opportunities you investigate to twenty per week.One of the more compelling ... more...

Direct Marketing Brand Identity Guru Tips
If your company doesnt have a direct marketing program in place, a direct marketing agency can create one for you. A direct marketing company provides small to very large customizable ranges of business-to-business and business-to-consumer direct marketing options sure to fit your needs. From ... more...

Advertising Headlines and How to Write Them
1. Attract prospects with your headline Use your headline as a flag to attract readers who are interested in your product. If you are selling a solution to premature hair loss, put PREMATURE HAIR LOSS in your headline. Your headline will catch the eye of everyone who suffers from this predicament. ... more...

The Truth Behind Linear Selling: Why It Can Make Prospects Run The Other Way
Sean works for a major telecom company.During one of our coaching sessions, he told me, "I've been diligent about following the sales process that my company believes is required to make a sale -- but, for some strange reason, my prospects don't want to fit into that process.What am I doing wrong ... more...

Increase Repeat Business and Referrals with Direct Mail
So you have been writing mortgages like crazy now for the last few years. You have a pretty big database of customers and hopefully you have been getting and keeping full contact information for them. An organized database is the first key to customer retention.The next step is to put together a ... more...

Home Owners In Trouble! The Real Estate Bubble, Rising Interest, and Variable Rate Loans Concern Fed
Hurricane Katrina, floods, earthquakes, rising fuel prices, shrinking pocketbooks, and now, concerns over variable interest rate loans, are discussions heard throughout the nation.With mounting concerns by the Fed over rising inflation, there is a serious push to increase the current rates of ... more...

5 Simple Steps to Sell Your House Fast!
The decision to sell your house wasn't made on the spur of the moment. It may have been spurred by the desire to live in a nicer home, the need to move for a new job or the necessity to get a handle on out-of-control costs. But whatever the reason for the decision, you've got a lot of work ahead of ... more...

Why a Hard Money Lender Might Be Your First Stop
It isn't uncommon to hear mortgage industry insiders refer to hard money lenders as a last resort. While this may be true to the extent that many borrowers who solicit loans from hard money lenders do so as a last resort, there are many cases in which a hard money lender may be sought before a ... more...

How To Find Your Dream Career
"I wish I could find my dream career". Many people have said, or at least thought those very words or something similar.The number of people that have found their chosen career right away and have never regretted it are few. The majority of us will make many stops along the way. Some good stops - ... more...


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