Too many people in business don’t want to help someone else out unless there’s something in it for them.  I don’t agree with that philosophy.  As a matter of fact, there’s a proverb that says “there is that scattereth, and yet increaseth; and [there is] that withholdeth more than is meet, but [it tendeth] to [...]

Here is an excerpt from Senator Dodd’s proposal (page 15 of S. 2452):
“NO YIELD SPREAD PREMIUMS. – No person may provide, and no mortgage originator may receive, directly or indirectly, any compensation for originating a home mortgage loan that is more costly than that for which the consumer qualifies, or that is based on, or [...]

I am overwhelmed by the addition of all of this new talent on Lenderama.  This is really a credit to Todd and the opportunity he has given us to be a voice at a time when the mortgage/real estate industry needs us the most.  I’d like to suggest a proposal and am looking for comments [...]

Ninety percent of this business is about showing up. Showing up on time. Returning that call on time. Being on time. My company logo is the Minuteman, named after the Massachusetts minuteman law of 1645, which required “every company commander to have 30% of his unit ready with full packs, ammunition, [...]

Today the laws for mortgage brokering and lending in the great state of Florida were changed. Chapter 494 F.S. was amended and penalties of $5,000 per offense were added for violations beginning October 1, 2007. There are a number of changes regarding disclosure and other procedures. I’m not going to write about all of the [...]

Listen, I’m gonna make this quick, cause quite honestly this might be my final post here on Lenderama. After the Head Honcho sees this la la la title, there’s a good chance I’ll be fired and if that’s the case then it’s been nice knowing all of you.
OK, so I know where Todd’s coming [...]