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HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US.  As usual, the proposals were open for comment, and many thousands of them were received.  Mine was among them, and is shown ... more...

Am I Unfair to Mortgage Brokers?
July 23, 2001 Ever since I began warning consumers about tricks of the mortgage broker trade, I have been fielding angry letters from brokers.  Some of them are fit to print, and even thoughtful.  It is time to deal with their arguments. ... more...

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Non Conforming Loan
Non Conforming Loan A loan that does not meet the Fannie Mae or Freddie Mac underwriting guidelines. This is also known as a portfolio mortgage. The loan can't be sold on the secondary market so it must keep it and service it in its own portfolio. Non-conforming loans have ... more...

Closing Costs
Closing Costs Expenses incurred by the buyer and seller in a real estate or mortgage transaction. There are two types of costs: recurring and non recurring. Non-recurring costs are one time transactional costs ... more...

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Get Free payroll service Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Creative Home Equity Strategies for Retirement
The Baby-Boom generation is nearing retirement and it is clear that millions of aging Boomers are financially under prepared. Reasons are many - poor savings habits, rising medical costs, the demise of guaranteed corporate pensions, and the dreaded squeeze faced by many: i.e. having to pay college ... more...

Credit Card Debt Help Online - Comparing Debt Consolidation Services
Because of the many debt consolidation services available, those seeking credit card debt help may not know which agency to use. The key to locating the best debt consolidation service involves comparing various companies. Each consolidation service has separate criteria. Using the internet, ... more...

What is a Debt Consolidation Service?
Debt consolidation means many things to many people. For some a home equity loan is a form of debt consolidation. Many people obtain loans from banks, loan companies and credit unions to bring all their debt under one roof and make a single, convenient payment. That is another form of debt ... more...

Loan Officer Marketing Why Realtors Dont Read Your Brochures
When you place brochures from every mortgage company side by side, you cant help but notice the similarities. Each piece mentions that they have every possible loan program available, proven & experienced professionals, fast & friendly service, a list of documents needed to process the loan, a ... more...

Credit Counseling Services: Some Things You Need To Know
If you are one of the millions of Americans who have tons of credit card debt you may be considering using a credit counseling service. In fact, if youre considering filing for bankruptcy, a new law will make it compulsory to work with one of these services. But the credit counseling industry is ... more...

4 Things to Watch Out for When Choosing a Mortgage Company
We all know that there are a lot of mortgage companies out there. But how do you know which company to choose? Some companies have flashy advertisements about low interest rates, but are they really the best company to choose? A mortgage is a very large investment, so the company that you choose ... more...

Add a Single Element to Your Web Site and Multiply Your Profits
We want to talk to you about why your customers' successes, triumphs, and positive results are SO important for your business.The fact is, even if your web site is full of great sales copy and photos that illustrate all the fabulous features and benefits of your product or service, your ... more...

Goodyears For The Ghazarian Brothers - A Profile of Success
A Profile Of SuccessVartan, Shant and Sarkis Ghazarian have rubber in their blood not literally of course but they were born into the tire business. Their father ran one of Lebanons most successful tire import and sales companies. Hed regularly import 20,000 tires at a time from Europe and as ... more...

RESPA: The Real Estate Settlement Procedures Act
The Real Estate Settlement Procedures Act (RESPA) is a consumer protection statute, first passed in 1974. One of its purposes is to help consumers become better shoppers for settlement services. Another purpose is to eliminate kickbacks and referral fees that increase unnecessarily the costs of ... more...

Getting Your Prospects' Attention: Create A Character!
When you are marketing and selling a product or service, it's key that you understand who you are talking to.Who is your ideal customer?Who has a problem that you, your product or service can solve?Who would be most interested in your product or service?Who is most likely to buy your product or ... more...

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