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Ask The Expert: Why Would I Need an Audited P&L on an FHA Loan?

Ask The Expert: Why Would I Need an Audited P&L on an FHA Loan?

Thursday, 15 August 2019
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By Dave Hershman, Senior Vice President, Sales of Weichert Financial Question: I have an underwriter asking for an audited P&L on an FHA self-employment file and it will cost my client $600. Why would they need this on an FHA loan? This does not make any sense to me and I don't want to upset… Read more...
Three Keys to Social Media Content Marketing Success

Three Keys to Social Media Content Marketing Success

Wednesday, 14 August 2019
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By Pat Sherlock, Founder QFS Sales Solutions Lenders and their originators have long used TV, radio, direct mail, and print ads to get their message out to potential buyers. Read more...
Dispelling the Myth of the 20% Down Payment

Dispelling the Myth of the 20% Down Payment

Friday, 16 August 2019
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By Odeta Kushi, Deputy Chief Economist at First American Since hitting a low point of 63% in 2016, the homeownership rate has rebounded, largely driven by millennial households purchasing their first homes. Many surveys, like one by Bank of the West, indicate that millennials are no different from previous generations–they view homeownership as a main… Read more...
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Freedom Mortgage Buys J.G. Wentworth Home Lending

Freedom Mortgage Buys J.G. Wentworth Home Lending

Tuesday, 13 August 2019
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Freedom Mortgage has announced a deal to acquire J.G. Wentworth Home Lending. So reports The Title Report. Read more...
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Homebuilder Labor Shortage Hurting Affordability

Homebuilder Labor Shortage Hurting Affordability

Tuesday, 13 August 2019
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Homebuilders said last month that they continue to face labor shortages that are driving housing prices higher, according to a new survey by the National Association of Home Builders. So reports Boston Agent Magazine. Read more...
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Many Home Buyers Don’t Shop Around for a Mortgage

Many Home Buyers Don’t Shop Around for a Mortgage

Tuesday, 13 August 2019
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A new survey by Fannie Mae finds that a surprising percentage of people do not shop around when buying a home. So reports MSN Money. Read more...
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Bill Bodnar of MMG: Where's the Bottom?

Bill Bodnar of MMG: Where's the Bottom?

Monday, 12 August 2019
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Bill Bodnar from the Mortgage Market Guide recaps the week, discussing the negative sentiment in the market and the high levels of uncertainty, and asks when we'll hit a bottom in rates. Read more...
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Warning Signs Your Employee is Not Going to Survive

Warning Signs Your Employee is Not Going to Survive

Friday, 09 August 2019
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By Dave Hershman, Senior Vice President, Sales of Weichert Financial A good manager has his/her eyes open for the signs that a loan officer is not going to make it so that adjustments can be made early in the process or the decision to end the relationship can be made easier. Read more...
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Ask Brian: What's One Book Every Originator Should Read?

Ask Brian: What's One Book Every Originator Should Read?

Thursday, 08 August 2019
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Dear Brian, I have been in the business for almost 10 years and I love learning about new sales ideas and strategies. You seem to be very well read and I enjoy your Dear Brian column very much. So what would be one book you suggest every originator read to grow their production. --Joe T.… Read more...
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3Points: The QM Patch, The Fed and Mortgage Industry Partnerships

3Points: The QM Patch, The Fed and Mortgage Industry Partnerships

Monday, 05 August 2019
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UWM President & CEO Mat Ishbia talks about the future of the QM Patch, mortgage industry partnerships and the Fed's big announcement. Read more...
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