Good Morning...Here is today's report from the Think Big Work Small Guys. A few things going on today, HUD once again going after banks cutting corners and failing to provide required information on loans such as loan amount, insurance, income, and relationship. New Bill being introduced to tak
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08/02/2011
Today's report is not your usual routine. This is a video from Dustin Hughes, a young mortgage advisor who recently found he has brain cancer. The boys are showing his personal video which is heart wenching and inspiring at the same time. After watching this I sat back in my chair and reflecte
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07/27/2011
Good Morning…Here is today’s report from the Think Big Work Small Guys. Today the boys are asking the question why HUD is singling out certain mortgage brokers who have formed DBA's, and not others like new home builders who steer consumers to their In House Lenders. They (the boys) also tell
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07/27/2011
Good Morning…Here is today’s report from the Think Big Work Small Guys. Today's conversations center around the Budget talks conception of not raising taxes by taking away Mortgage Interest deductions; even though this will take $200 billion out of our pockets to fund the governments inability
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07/25/2011
Good Morning…Here is today’s report from the Think Big Work Small Guys. Today the boys have a discussion about Online mortgage quotes flying under the radar of oversight panels. One example is MortgageMatch.com who was quoting rates and pre-qualifying customers. Mortgage Match is not a mortgage
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07/22/2011
Good Morning…Here is today’s report from the Think Big Work Small Guys. The boys are talking about the newly created CFPB oversight department and their potential effective or ineffectiveness. CFPB is to be up and running by January 13th and has already been funded to the tune of $500 million.
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07/22/2011
Good Morning...Here is today's report from the Think Big Work Small Guys. Today the boys are asking us to get ready for another stimulus package. They discuss comments made by Ben Bernanke and make suggestions on how to make this third stimulus have a better chance of working. Think Big Work Sma
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07/20/2011
Good Morning...Here is today's report from the Think Big Work Small Guys. The guys talk about the Artificially low foreclosure rate of 29%, and the expectations of lenders pushing 1 million foreclosures into the coming year. Texas takes the least time to foreclose, 92 days, and has the least dr
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07/19/2011
Today the Think Big Work Small guys discuss a statement from Sandy Braunstein to the Feds concerning compensation and bonuses to loan officers. The statement is ambiguous and open to interpretation. A bill being put forth my congressman Gary Miller could help with competition in loan prices and
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07/17/2011
I was suppose to have a closing tomorrow, but guess what? You got it, and unexpected surprise.Here is what happened. I represent the buyer on a home sale in Charlotte County. When the buyer applied to the electric company to transfer the account into his name he was informed the transfer could
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07/14/2011