Three out of ten loan officers are FAILING the national and state tests. So, now what? The banks are NOT requiring testing, at least as of this point in time. So, the failing loan officers are either 1) leaving the business 2) transferring over to banks. That is correct: Banks do NOT require
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12/28/2009
"I open my eyes to the wonder of being. Delighted in the way things turn out, amazed at the beauty of it all. I am happy." This is MY New Year phrase for 2010. I met with a buyer today who told me he had a stroke at the age of 42! It made me stop to think about life and how truly short it is.
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12/26/2009
Lending tightening is continuing! I just had one bank notify us they are no longer counting rental income for investment properties for purchase & they will not count income for currently owned properties if the properties were recently purchased and they are not on the latest tax returns. So,
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12/23/2009
Are there some Active Rain members who just want to collect points? As I look around, I see some members who write about the same topic for about 7 -10 blogs and receive NO comments. But, yet, they continue to write about the same topic. Maybe they enjoy the topic and they are just having fun
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12/22/2009
"Could we change our attitude, we should not only see life differently, but life itself would come to be different. Life would undergo a change of appearance because we ourselves had undergone a change of attitude." Katherine Mansfied (1888-1923), Writer Attitude is everything! Think positive;
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12/19/2009
"The more you talk and think about it, the further astray you wander from the truth. Stop talking and thinking, and there is nothing you will not be able to know." Sengtsan (d 606 AD) The third Patriarch of Zen Remember "gossip line" in school? You would tell a story to the person next to you
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12/16/2009
"You can make more friends in two months by becoming interested in other people than you can in two years by trying to get other people interested in you." Dale Carnegie (1888-1955), Author and Trainer What this means to me: In other words, do NOT: •1) Be a talker more than a listener •2
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12/16/2009
"Fed will hike rates- in 2011" per Chris Isidore, senior writer December 15, 2009: 8:19 PM ET CNNMoney.com The BEST time to BUY a home OR refinance is sooner than later! Low home prices, low rates, stimulus package from the government for 1st time homebuyers and move-up buyers.....what more
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12/15/2009
"Continuous effort - not strength or intelligence - is the key to unlocking our potential." Sir Winston Churchill (1874-1965) Former British Prime Minister. NEVER say "Quit"! By going to work every day and "pounding the pavement", you will succeed. Winners do not quit, and quitters do not win
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12/13/2009
"If you do not buy a house, you are either STUPID or BROKE". Well, one more "OR" should be added: FEAR! This blog from Michele Reneau, ABR, GRI, CRS, comments on the article in Business Week (link in blog below) : http://activerain.com/blogsview/1378992/if-you-don-t-buy-a-house-now-you-re-stup
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12/12/2009
