Forbearance is NOT Forgiveness!
If there already wasn’t enough on our plates, a new pile of nonsense is being thrown our way. Many in the media and so called “experts” are telling people to simply call their lenders and go into forbearance on their mortgage loans. Some of these “experts” are...
Five Things You Can Do NOW!
As mortgage professionals, we are used to change and adapting. Clearly those skills come in pretty handy right about now and are an important asset for our family, friends, and in our professional lives. With that in mind, I wanted to share the five things I am talking to my clients about this...
Create The Calm
We have more than enough fear mongering going on for a lifetime. I just wanted to publish a post that was positive and constructive. As a mortgage community we are blessed to be adaptable. Rate changes, product and program changes, guideline changes, and people we come in contact doing some...
Managing The Stress Of Volume & Volatility!
Stock & Bond Markets volatility, disconnect between traditional measures causing huge swings almost minute to minute, coronavirus, capacity issues, the political bias on reporting the “news”, and clients struggling to understand why the rates they are seeing may not connect with...
Against Newton's Law!
The markets are shaped by perception and emotion much more than the facts and the truth. Actions and reactions are not always as Newton said, not equal and clearly not opposite!
We have a ton of information to try and process and stories to prove and disprove as to why things are happening....
If Not Now, When!
The question needs to be asked, “if not now, when?” Purchase activity is up, mortgage rates are at all-time lows, and millions have rates above 4% or have FHA loans with permanent MI that can easily be moved into a conforming loan.
Thousands more people would happily sell their homes...
Don't Miss The Opportunity!
We are seeing huge numbers being posted in all markets of the country. Both purchase and refinance activity are at high levels and there seems to be no end in sight to all the opportunities that are in front of us. It is really important that we don’t miss this opportunity to serve our...
Are you ahead or behind the market?
We are at the midpoint of February and already people are well ahead of their first quarter projections! Are you taking full advantage of these incredible opportunities?
Here are some really great numbers:
- Mortgage rates are 1% or more lower than this time last year.
- Purchase business is up more...
What Size Pie; How Big Will Your Piece Be?
I have talked about the changes in mortgage lending and traditional real estate sales for a long time. The past five years I have tried to make those people engaged in these practices aware of how the entire industry has been moving much more toward a transactional basis from more of a relational...
Fight for Fifty!
I want everyone who reads this to think about the possibilities, and then put in a plan to commit one hour a night on each Tuesday, Wednesday, and Thursday evening to connect with your database and those around you to refinance fifty loans by April 30th 2020.
Think about it; what would it take...
