We may be in a difficult market…but one of the bright spots is the ability to increase your business using products for free that would have cost hundreds of dollars even thousands of dollars just a few years ago. One the best products I’ve found to expand our market, has been LivePresenter. This product has not [...]
Developing Your Business – Tip No. 4 – The Government offering No Down purchases?
In the midst of a collapse in the mortgage and financial markets and a tightening of credit underwriting guidelines, is it possible a true No Down Payment opportunity still exists, and is one you can actually get closed? As far fetched as it may sound, the answer is a resounding – yes, maybe!
The American Recovery and Reinvestment [...]
Have you ever thought about your business hours? Not your company’s hours of operations, your business hours. Are you a 9 to 5 type? Or do you put in 70 – 80 hours a week? How would you define your hours of operation to your customers?
Too often the mortgage industry is seen as open during [...]
Turn on you local news, pick up a newspaper, read any blog or even listen to President Obama, the economy is in a serious recession and your business is likely to decline and possibly fail. Prepare yourself, cut your expenses, trim your staff and pray you can make it.
Today’s economy may provide your customers wealth building opportunities they may never have considered in the past. With traditional investment sources, such as the stock market, falling to 15 year lows, many consumers should consider moving their money to “Their Own Bank.” No not the bank down the street, but rather they should become their [...]
With our current economic times, we as consumers and business owners must become creative in our decision making. MTI has recently begun a blog series designed to provide sales tips for the residential mortgage finance industry, and ideas these professionals may use to benefit their clientele. Each week a tip or idea will be posted, [...]
If someone were to ask you to define your business in one statement, what would it be? Would you say something about your products or services? Would you say something about your service to the community or specialization in a particular area of town? Allow me to suggest a statement: “Everyone of an adult age I [...]
As we progress further and further into the 21st century we find ourselves engulfed in technology. Technology not only advances our society, it has changed our perception of the world.
Think back as a young adult, around 16 to 18 years of age. You just got word that “Bon Jovi” was gearing up for a new [...]
Mortgage Business After the 2009 Economic Stimulus Package
President Obama signed the American Recovery and Reinvestment Act of 2009 into law. So what does that mean for your mortgage business? Whether you’re in favor of the package or not, one thing is certain, the American public knows nothing about this $787 billion dollar debt. The average American knows our economy is in trouble, [...]
HUD Secretary Donovan Applauds Senator Landrieu, U.S. Senate for Adoption of GO Zone Tax credit Extension
WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan issued a statement today following the United States Senate's adoption of an amendment extending the Gulf Coast Opportunity Zone (GO Zone) Low Income Housing Tax Credit (LIHTC) placed in service date by two years, to December 31, 2012. Donovan and Treasury Secretary Timothy Geithner sent a letter to U.S. Senator Mary Landrieu earlier this week, expressing the Administration's support of the amendment she sponsored and was adopted today.
HUD Charges New York Landlords with Discriminating Against Veteran with Disabilities
WASHINGTON - The U.S. Department of Housing and Urban Development today announced that it is charging two Poughkeepsie, New York-area landlords with violating the Fair Housing Act for allegedly refusing to allow a Vietnam-era veteran suffering from Post-Traumatic Stress Disorder to have a therapeutic service dog in his apartment. In addition, HUD's charge contends that the landlords, Gerald and Patrick Paribelli, who manage and own the Apartment Buildings of South Street Builders, Inc., in Highland, NY, retaliated against the veteran by threatening to evict him because he filed a housing discrimination complaint.
HUD Advances Fight Against Loan Modification Scams
WASHINGTON - The U.S. Department of Housing and Urban Development, in partnership with the Loan Modification Scam Prevention Network, today announced the launch of PreventLoanScams.org.
Donovan and Reid Announce $1.3 Million to Help Las Vegas and Clark County Stabilize Neighborhoods Grappling With Foreclosures
WASHINGTON - U.S. Housing and Urban Development Secretary Shaun Donovan and Nevada Senator Harry Reid today announced up to $1.3 million in emergency technical assistance to help reverse the effects of foreclosure and abandonment in certain neighborhoods in the City of Las Vegas and Clark County. The unprecedented aid announced today is funded through the American Recovery and Reinvestment Act and is part of the Obama Administration's plan to help communities hardest hit by the downturn in the housing market.
Ted Tozer Sworn In As President of the Government National Mortgage Association
WASHINGTON - Ted Tozer was sworn in today as the President of the Government National Mortgage Association (Ginnie Mae). Tozer will be responsible for ensuring Ginnie Mae safely guarantees the principal and interest payments on mortgage-backed securities (MBS) backed by loans insured or guaranteed by the FHA, VA, HUD's Office of Public and Indian Housing, and the USDA's Rural Development Housing and Community Facilities Programs.
Capital Markets Update – Treasury Begins Auctions Today
How Do Treasury Auctions Work? ...
Quicken Loans Capital Markets Update – High Durable Goods Orders Show Factories Included in Economic Recovery ...
Capital Markets Update – FOMC Meeting Triggers Sell-Off in Bond Market ...
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Capital Markets Update – Treasury to Auction $74 Billion This Week
How Do Treasury Auctions Work? ...
Quicken Loans Capital Markets Update – High Durable Goods Orders Show Factories Included in Economic Recovery ...
Quicken Loans Capital Markets Update – New Homes Sales Report Exceeds Expectations ...
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Organic Gardening: 12 Foods to Plant in Your Garden
Environmentally Friendly Alternatives to Having a Lawn ...
Budget-friendly, green ways to improve your back yard ...
Spring-cleaning tips for homeowners ...
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Capital Markets Update – Mortgage Applications Rose 15%
Despite Mortgage Applications Volume Drop, Refinancing Trend Continues ...
Quicken Loans Capital Markets Update – Mortgage Applications Rise, Consumer Credit Expected to Fall ...
Quicken Loans Capital Markets Update – Home Sales Expected to Have Rose By 5% ...
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Capital Markets Update – Anticipation of Greece’s Announcement Lowers Bonds
Capital Markets Update – FOMC Meeting Triggers Sell-Off in Bond Market ...
Quicken Loans Capital Markets Update – High Durable Goods Orders Show Factories Included in Economic Recovery ...
Quicken Loans Capital Markets Update – Home Sales Expected to Have Rose By 5% ...
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Capital Markets Update – ISM Manufacturing Expected to Show Reduction
Quicken Loans Capital Markets Update – Pending Home Sales Show Slight Gain ...
Quicken Loans Capital Markets Update – Home Sales Expected to Have Rose By 5% ...
Quicken Loans Capital Markets Update – Mortgage Applications Rise, Consumer Credit Expected to Fall ...
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Capital Markets Update – Greece’s Potential Default Increases Treasury Prices
Quicken Loans Capital Markets Update – Mortgage Applications Rise, Consumer Credit Expected to Fall ...
How Do Treasury Auctions Work? ...
Capital Markets Update – FOMC Meeting Triggers Sell-Off in Bond Market ...
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