Fred Glick is a nationally recognized, award winning, mortgage and real estate professional, REALTOR® and UpFront Mortgage Broker® with many years of experience. He has closed over $1B of transactions over his career.
RECENT BLOG POSTS
We should all send the guys and gals at Standard and Poors a big American thank you note! Remember these dudes from a couple of weeks ago? They scared the crap out of people on a Friday night and made our weekend miserable (if you care about stuff like this) because they downgraded the bonds is...
There is a discussion going on Linkedin that you want to follow if you want to know the details of the financial situation of NAMB. Here's the link: http://www.linkedin.com/groupAnswers?viewQuestionAndAnswers=&discussionID=59634401&gid=100276&commentID=44320207&trk=view_disc
Respect. How do you get it? Why do you need it? How does it help? The word Mortgage Broker, as you may have heard is a dirty word. People in both Governmental and public circles define a Mortgage Broker as the pushy, car sales-like guy with money as his total motive. This was the guy that tol...
Can you imagine someone saying to you when you go for a mortgage, “Sorry, I have to screw you.”? Thanks to the Federal Reserve and their mandate of the “New Porn” has begun. Go into your favorite mortgage broker and ask them to give you a rate with zero points. They will go to all their lenders ...
Now that our friends at the Federal Reserve have changed the mortgage pay system for borrowers and broker, there is more "good' news from Washington.If a budget stalemate occurs and the money dries up because of the lack of a budge deal, the mortgage business comes to a halt.Why you may ask? Well...
This is a comment posted by NAIHP President Marc Savitt about the destructive actions that NAMB has taken trying to play with the Federal Courts and possibly making the Fed Rule take effect.On March 11, 2011, the U.S. District Court in Washington, D.C. consolidated the NAIHP and NAMB lawsuits. Ma...
Effecive April, 1, 2011, unless stopped by a filed lawsuit, the Federal Reserve will implement a new way to pay people that originate mortgages who work for any institution. Specifically, it would fix that amount of money they could receive from a lender for giving you zero points but not limiti...