Daniel Eckenrode's (freestatemtg) Blog

Mortgage fraud is out there. Learn the facts and how to prevent it.What is mortgage fraud?Mortgage fraud is a misstatement, misrepresentation or concealment of a fact or action that deceives and may be relied upon by a mortgage lender through the mortgage origination, purchasing or servicing proc...

STOP FORECLOSURE TODAY!Save your home from foreclosure. Get the help you need now!A record percentage of U.S. homeowners are facing foreclosure and many more are falling behind on monthly house payments. Foreclosures and mortgage delinquencies number in the millions. According to reports, consume...

 Once again kicking us while we are down, I have been told by one of my investors that Fannie and Freddie Mac will start to introduce "FICO Rate Price Adjusters" beginning the first of the year.  What does this mean for you the Real Estate Professional and our clients?  Well, if we can get a stan...

  It is hard to find a tragedy in the world that some heartless rat can't find a way to exploit and the current and growing incidence of foreclosures doesn't violate the rule.Foreclosure fraud is not new - as far back as the spring of 2005 the National Consumer Law Foundation published a 68 page ...

I often have clients who say people inquire about their products or services and once they give them a price they say so and so has it cheaper and hang up. Well it sure is incredible to see individuals acting that way. Since when getting the cheapest price is the best deal? I don't necessarily ch...

Lead lists, all sales people have used them in some form or another.  Are they worth their weight in gold?  My company uses all sorts of ways to market to clients to include telemarketing.  Lets face it, this is really not the way that ANYONE wants to prospect for business, but when the phone isn...

We have all heard it before...the horror stories of a closing gone wrong.  "The loan officer told me that I was getting a fixed rate," or... the rate that was promised which was "so much lower than everyone else" was NOT what they received at closing."  It is sad to see that in this business, tha...

Buying a home is not only based on price and location but also emotional aspects like comfort, ease of transition, and durability of the home. Home sellers are often confused about what the best way is to make their house stand out above the rest. Too often than not, home sellers are spending cou...

How Much Do You Want To Earn?Gross Revenue is not income.  Revenue is the gross earnings before expenses and taxes.  Net Income is what you keep after all is said and done. Let's face it, that is what matters.  You can earn $1,000,000 but if it costs you $990,000 how much did you really make? If ...

Answer: A reverse mortgage is a loan where the lender pays you instead of you paying the lender. Home equity is tapped to make these payments, which can be lump sum or monthly. Generally, reverse mortgages do not need to be repaid until you sell your home. Reverse mortgages are often used for ret...