by Patrick Sinks | Jun 15, 2016 |
As we enter the summer and the housing market continues to recover from the Great Recession, what seems like an annual ritual has begun again. Rumors have started, and positions are being put forth that the Federal Housing Administration (FHA) should reduce its...
by Bill Gassett | Jan 28, 2016 |
Editor’s note: Guest post provided by real estate leader Bill Gassett Loan officers and real estate agents are key players in the home-buying process. In order to understand how a loan officer can work better with real estate agents we reached out to Bill Gassett, one...
by Mike Zimmerman, MBA | Nov 16, 2015 |
We are all familiar with the famous 1897 letter to the editor from an 8-year-old girl and the thoughtful response from the New York Sun. DEAR EDITOR: I am eight years old. Some of my little friends say there is no Santa Claus. Papa says, “If you see it in THE...
by Vance Edwards, CMB | Apr 8, 2015 |
If there’s one thing I’ve learned in my 15 years in the mortgage industry, it’s that loan officers do not like being “rate shopped.” However, according to the Consumer Financial Protection Bureau (CFPB), consumers aren’t shopping enough. The CFPB reported that 77% of...
by Tom Laposki | Mar 19, 2015 |
Please note this article is not a comprehensive primer on mortgage fraud – use the resources listed below for more red flags and tips. Anyone in the mortgage industry knows mortgage fraud happens, but all too often it’s a case of “that would never happen to me!” Are...