PSR

I work downtown and I live downtown because I love downtown. I am concerned though. With all this growth that we have and we continue to experience, we are running out of space. On my way home from my office I travel down 4th Ave. to Broadway where I head west to my home. I usually stop by my ban...

One of my escrow officers just sent me an email telling me the Riverside County is raising it's recording fees. I also hear that the California State legistalators are proposing (maybe it's already passed) a sizeable increase in the state income stax as well as other massive tax increases to make...

Throughout history, there have been large events that have stripped the population of many of it's participants. These events include World Wars, famines, plagues, and natural disasters. Each event has killed thousands to millions of people. We know many of these events by name: The Black Plague,...

Voice Over Internet Protocol is the future and if you can stand a few glitches a great alternative to the old phone systems. In 2000, I had a large mortgage banking office with over 70 workstations. We had clearly outgrown our phone system and required something that was up to the task and scalab...

This is a paradigm shift. Think about it. Interest rates went up on many ARM loans, but what else happened? Did everyone who is in or near foreclosure lose their jobs? Was there some massive layoff? No. Many people are just walking away from their bets. The bet that they could get a loan on an as...

Blogging is really catching on, isn't it? I think that I see the future and it is in video. Here's why? There are so many bloggers writing about so many topics, with so much misinformation and so much opinion, and so much humor, and so much information, and so much fact, and so much fiction, and,...

Really?   I am still very new to Activerain and have written a few blogs. Some of them were heart felt blogs that I really needed to write and some of them were brief points that I wanted to make. Either way, though I am sure that I have ruffled some feathers along the way. My question is: how ma...

In PART I, I discussed how I  believe that Lendingtree.com and pricing engine sites like it have begun the demise of the mortgage broker. Now I want to discuss how new sites in our industry are changing the whole landscape of the business. Fairclosingcosts.comis a new site that does for all the a...

A good blog would lead you up to the main point but tease you along the way. I have so much to say that I am probably going to have to get straight to the point and then write additional blogs. Lendingtree.com! That was the beginning of the end for mortgage brokers, as we know them.  That one si...

In the old days (only a few years ago) it took eighteen months for federal economic policy to materialize in the markets. It is a big world out there and nothing works overnight. Rate increases or drops take time to move through markets and influence economies. This same incubation period, if you...