Thinking Outside the Mortgage Marketing Box

Looks like we could be improving. I actually took three applications this week. Thought I waqs going to have to relearn the loan application forms.They have been VA, FHA and FNMA My Community. These are well qualified first time buyers who are taking the opportunity to take advantage of great int...

July 18th was a fun evening on the Hudson River for the members and guests of the Mid Hudson Valley Mortgage Bankers Association. Our 15th Annual trip had great weather and great company. They group set sail on the Pride of the Hudson from the Newburgh Waterfront. We went south past Bannerman's I...

Here is a crazy stroy that I thought I would share with you.Last year I was Googled by a real estate agent who was looking to finance a property in Rochester, New York. I work in Poughkeepsie and didn't think it would go anywhere. I took the application from his borroweres for a 10 unit property ...

I know I swore off of this a week ago but our rate sheet literary artist provided this quote today."Remember that there is nothing stable in human affairs; therefore avoid undue elation in prospertiy, or undue depression in adversity."Socrates (469 BC - 399 BC)I think he nailed it. HAve a great w...

I was out with a couple of friends recently, you the ones who like to make a splash. They are lots of fun but I was struck by something they had said to me about going Green. You see they were going to do so in a big way. No small fries for them. They were going all the way.They sold their cars a...

Last night I had the opportunity to meet with Larry and Carol. They are purchasing a home with a VA loan. We spent from 7 am to 9 pm discusing their qualifications completing the application, filling out the binder with the seller concession for the agent. Then...BAM...it hit me. This is why I go...

There have been a lot of funny, sad and excellent posts on the many woes of the sub-prime market. The Implode-o-Meter and the daily reports from blogs and newsw sources have driven me crazy. I am sure many of you as well.Let's focus on what is good. People who have taken care of business, paid th...

Our company rate sheet includes many great quotes. No not rate quotes but literary quotes. I am sure it takes a little time for our Rate Sheet Quote Wizard to find these...he does a great job. Usually I place these in the quote section of my site...not this one.Kind of fits with the times...."All...

Hi Fellow Rainers.I have a scenario questions for the Mortgage Folks who are smarter than me. PS... That is all of you.I met with these folks last week and I am perplexed and concerned that I provide the right information.They currently have a Pay-Option Loan. They state that they obtained it bec...

 SubbieMae the new Government Sponsored Corporation has set Guidelines for the Purchase of Lender and Broker Originated Sub-Prime Loan.The new seller guide and be found at www.SubMae.comThe following Guideline are in effect immediately:All borrowers must have one blue eye and one brown eye. This ...