My Thoughts - Bo's BlogSpot

It is happening right before our eyes.....The New York Times reported this morning that government financial leaders (Treasury Secretary - Henry Paulson, Fed Chairman Ben Bernanke, Fannie and Freddie mgmt. and others) met yesterday to discuss the impending "government bailout" of the 2 Leviathan'...

Okay short rant here, so bare with me for a second! How many times have you gotten one of those "service" calls from your cell phone, credit card, etc. providers? Well I have been getting quite a few lately (business must be bad) and as I understand their reasons for calling, it is absolutely rid...

Good afternoon my friends! This morning I was having coffee with my father and of course with it being the symbolic beginning of fall this weekend and the celebrated college football season, he and I were waxing opinions of all sorts about the upcoming season. We segued into a discussion of how a...

All is right with the world! This weekend all the way to Monday is going to be packed full of some great football excitement. This is the un-official and symbolic beginning of the fall season. Below is the college schedule for this weekend. I hope your team wins and hope that you have a relaxing ...

This will take you back! I was speaking with Brad Andersohn yesterday about all things AR and a new group that I launched today, (Toot Your Horn on Active Rain) with the help of a few fellow Rainers. We segued into our respective histories (Brad has a great story, btw!) and he had a wonderful mem...

Good afternoon Friends! Buying /selling /refinancing a home is a stressful situation. There is a tremendous amount of emphasis in the media and blogs put on all the specifics of these items. We read and hear about rates and housing values, but how much do we actually hear or read about the title ...

Clients always deserve the best  Bo Hussung         You have my permission to quote that statement, anytime......LOL! All kidding aside, do you really lookout for your clients best interest? The answer of course should always be an emphatic.......YES! As conscientious sales people we should alway...

The title industry has its own language. Many of the definitions are derived from Latin phrases. Many are commonplace words or idioms found in our daily language, but specific to land titles. Nonetheless, they are an important part of a real estate transaction. So, as an ongoing service....here i...

Richard, call out the cavalry! We are under serious attack. While Federal authorities can not regulate market economics (Service Release Premiums SRP or Gain On Sale GOS), Yield Spread Premium YSP is another story. The SRP issue however usually comes with a lower origination cost to the borrower....

A recent experience with one of my clients in Minnesota prompted this post. I received a phone call late in the afternoon regarding a scheduled closing for the following Friday and she wanted to discuss the details of the HUD1 settlement statement. Not a big deal, except for the part where she pr...