Loan Think

Some friends and I recently decided to do a "staycation" in Scottsdale, Ariz. The experience was horrendous, but they taught me several valuable lessons about our industry.

For those lenders who decide not to pay the penalty under the new healthcare law, and instead provide insurance there are certain practical realities to consider.

This article is the first of a series of articles on how you can develop a warrior mindset to overcome obstacles and challenges in your business. And it all begins with your mindsets, or your habits of thinking.

The problem is that the future is unpredictable: just as we can’t always foresee what will be on the litigation panels or general sessions, neither can we police for all the potential fraud trends on the horizon.

The operators of an allegedly deceptive mortgage modification business will pay more than $750,000 in ill-gotten gains to settle Federal Trade Commission charges. The settlements also permanently ban the 11 defendants from selling any mortgage assistance relief products.

Despite 12 years of education to the industry, there are still a lot of misconceptions out in the trenches about what e-mortgages are and where they can be used.

Once the industry realized just how horrible the housing crisis was, discussions about REO-to-rental and deed-for-lease strategies became popular and the debate continues today.

Before my own recent personal health scare, I had been posting a continuing series of items from a contributor who wishes to remain anonymous. His point is that to be successful in business, you need to remain healthy.

Most people see Lady Gaga as a counter-culture freak, but I see her as a person who is fearless when it comes to branding and sharing her message.

As most mortgage industry professionals are aware, the Federal Housing Administration recently increased its mortgage insurance premiums.