That’s a really big question and it has two completely different sets of answers. Why? Well, the words title company are used interchangeably to describe two very different kinds of title companies. So, for you to fully understand the answers, you first need to understand the difference between a title agency and a title underwriter [...]
Our latest audio newsletter is up! Thanks for all the kind emails and comments. We’ll keep them coming! Today’s topic:
RE: A guaranteed way to fail at getting business from real estate agents.
Did you know that you have 86,400 seconds in each of your days? Nearly 24,000 of those are spent sleeping, and [...]
I see this every once in awhile and am looking at it again and thought I would share the chuckle.
What is a Mortgage E-Clause?
Funny - now that we have e-mail and e-notarization how easy it would be to make that presumptive spelling error. Yes, it is MORTGAGEE CLAUSE, which is the clause used to [...]
I still don’t get how notary signing agents are permitted to go to loan applicants and have loan application packages signed for a fee and NOT consider this part of the loan origination process.
Here’s a thread on Notary Rotary discussing what are called RESPA signings. A RESPA signing is the upfront loan application package containing [...]
Yes, that’s right. So unless you can pay cash for a piece of real estate, expect to have a problem getting a mortgage.
I am examining title today for the purchase of a property that went through foreclosure. I saw FTL on the cover notes and at first glance assumed it was a Federal Tax [...]
Here is Part 2 of the article: How Do You Stack Up? Part 1 can be found here: Click here for Part 1
A Database
Each year I speak to thousands of loan officers. Would you like to take a wild guess as to how many have a true database? (Other than sticky notes) I would guesstimate [...]
NOTE: This article is very direct, and pulls no punches! If you are serious about making a change for the better, you should read the entire article now!
In today’s article we’re going to deal with cold hard facts and nothing else. No opinions, [...]
With the tightening of the mortgage markets, we see a lot of new ‘vendors,’ offering a seemingly needed product: paid credit repair. We even have one here on Lenderama who seems like a good guy. There is no worse idea for originators to pursue than relying Credit Repair customers to pay your personal mortgage. Nothing [...]
“Hello Lenderama readers.” Thanks for the warm welcome, Todd! My name is Matthew Bowe and most of you probably don’t have a clue as to who I am, so, let me give you a little background on who I am and what I’ve done, and then I’d like to start a conversation. This conversation [...]
I’ve been here a while now, and 3 months ago, I talked about walking away from the idiots. I still think that’s sound advice. And now that another batch of burnouts has left the business, it’s time to actually…actively start having fun. I mean it. I read mortgage blogs here all over, and I see [...]
Good morning!
Just a brief heads up that I’m at it again… Yep, I’m running free training teleseminars this week. Most notably, tomorrow we have a FSBO Marketing training session scheduled with Doren Aldana as part of his Meetings With Mortgage Masters interview series.
We’ve already had plenty of questions submitted, but if you’d like to participate [...]
I have resisted tagging blog posts because, frankly, I felt like it was extra work and I just wanted to write and post. I knew my posts were getting good Google coverage because there just wasn’t much out there in the blogosphere to compete with in the title insurance world.
That’s changed.
PLUS, I now have the [...]
Some time ago, Todd graciously contributed to my Loan Officer Survival Guide. I asked him to write the ‘how to’s’ on starting a blog, a topic he’s well qualified to write on since he seemingly starts a PR4 (or above) blog once every 12 hours. Later, I got on Jonathan Dalton a little bit for [...]
I got a message the other day from a mortgage broker that passed on my e-book. Despite having heard good things about it–she said that she was passing, on the grounds that it didn’t have 100% new information–and she’s been in the business almost 20 years. Whatever that means.
There are probably plenty of good [...]
WHEW!! We just got back in town yesterday from the TAMBE event. I apologize for being unavailable for several days, but we were asked to speak at the Houston Mortgage Brokers event, and preparation time was in short supply. However, I’m happy to report that the workshop was a great success (We’ll post some of [...]
Lately I’ve been chatting with quite a few loan officers. In the last 10 days, I spoke with someone who was so desperate, he offered me 50% of his closings for the next 6 months if I could help him close more; and I also spoke with a loan officer who closed [...]
Good afternoon,
I must say that I just had one of the weirdest mental images of my life. As I was waiting for the latest FSBO video to upload, I was browsing through a book of “strange but true” facts… Did you know that sunglasses date back to the 15th century? They were worn in China [...]
So I was having a conversation with another trainer last week about 2 great book I just read. (For the second time) “Triggers” by Joe Sugarman, and “The Well Fed Writer: Back for Seconds”, by Peter Bowerman. The 2nd book was a shocker for me, as it was meant primarily for author’s and/or individuals who make [...]
We’ve been hard at work preparing the video series of FSBO marketing instruction. Some of you may be asking yourself why we are going through so much effort and giving away so much information? (These video’s are jam packed with usable strategies) Of course we’re launching a new product, and we want to generate excitement. However, [...]
This weeks training video covers a step by step marketing plan (Nothing held back) I personally used to earn over 100k working with FSBO’s. One of the unusual aspects of FSBO marketing is the market is easier to tap into in a down market, making this an ideal source of leads for both loan officer’s [...]
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