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RE: "CFPB Provides New Guidance on Appraisal Disclosures"

BRIAN BLANCHARD: So many rules, so little [guidance]. Welcome to lending in 2014!
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RE: "Nine Reasons that Argue Against Being in the Mortgage Business"

JAMES THOMPSON: I would just like to say to the new in the business get educated, to the old veterans, reeducate yourself and to all (everybody) study the demographics of your targeted market and get to work.
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RE: "Nine Reasons that Argue Against Being in the Mortgage Business"

MIKE REYNOLDS: …This is a great business but as my mother used to say "it ain't for sissies'
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RE: "Treasury Opposes Expansion of HARP Refi Program"

STEVE MOLLER: Ask any active originator-opening up the date from 05.31.09 to present would help hundreds of thousands of homeowners reduce their interest rate… It costs nothing to open up the date, and help those that need it.
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RE: "Closing Process Is Next on the CFPB's 'To-Do' List"

PEKA ANN WADE: Closings last anywhere from 50 minutes to 1.5 hours or more…depending upon the client's comprehension. I will say more time is spent on the HUD than any other document as we want to make sure the client fully understands where their money is going.
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RE: "Closing Process Is Next on the CFPB's 'To-Do' List"

LEIGH KIRBY: Simplicity is the key. Every closer has seen that glazed-over look on their client's face after they see what they owe today and what their payment will be.
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RE: "HUD Leaves Non-Borrowing Spouses Waiting Over HECMs"

AUGIE ZOLEZZI: The Reverse Mortgage when used properly is a very good tool. Both spouses need to be over 62 years old. If one is under that age there will always be a problem. Maybe an insurance policy as part of the package would work.
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