Loan Think

The proposed federal mortgage guarantor in the Senate reform bill needs 5% hard equity to protect taxpayers, but 10% capital to pass Congress, the Housing Policy Council's John Dalton reckons.

Creating that connection with your client is of great importance, but selling should be a part of that process.

There is a lesson to be learned for mortgage originators about guarding your business' name from the #myNYPD social media failure.

Fake followers defeat the purpose of social media marketing because they are not going to spread your message and/or eventually do business with you.

The CFPB last week made news by publicly recognizing that borrowers felt overwhelmed in regard to the closing process.

There are increasing voices in and out of the Federal Reserve proclaiming the need for more inflation in order to pull the U.S. economy out of its current, sluggish growth cycle.

Law enforcement agencies are contacting state licensing agencies if someone who is regulated has gotten arrested.

As value-add opportunities continue to appear, mortgage brokers can help their clients grow their real estate portfolios by incorporating bridge loans from private lenders into the financing strategy.

In the perfect mortgage application process, the borrower could press a button and send out all the data, saying “I want to apply to these specific lenders.”

Originators need to stop being self-deprecating and start placing a high value on what clients and referral partners says about you.