Mortgage Broker Forums at Broker Outpost

Life Is Beautiful (by: peter)

It is interesting how I have had an opportunity to reflect on the trail of my life lately. And one thing that I wish is that I could somehow make things smoother for others, including posters on BO. I suppose that is left to evolution, and that we all undergo our own transformations at our own times and speed. Some never have the great moments of introspection or change at all. I must admit that I tear up when I reflect how lucky I have been, and how fortunate I am. I fight day to day, I love more than ever, I wonder more and more. I do wish everyone the best. I am not signing off, not here not anywhere, until I cannot sign on at all. I still have strong feelings, those never leave, but I daresay I laugh at myself more than ever. To think that I could change others is such a misconception, to believe that I can hold sway is such a revealed misdirection now, that I simply am enjoying life more than ever. Bear with me, I am thinking that Life Is Beautiful. dollar - Last Post by: peter on 09/05/2010 @ 6:42 PM

Qualified borrowers are still few and far between! (by: peter)

I am getting calls from my mailers weekly, but more than 90% of the callers -- although have qualified equity in their homes - are either overburdened with debts or not earning enough incomes to qualify. There are so many has-been successful business owners who today are not earning enough to qualify for their own home loans. There are also so many wage earners whose wages have declined or have been cut down to the point that they cant qualify any longer. Let alone households with only one wage earner because either the husband or the wife does not have a job. Screening homeowners for those with 20% or more equity is not effective enough as we do not know their present income and credit situation. Even with those with more than 60% equity but with no job and only earning social security income cannot qualify. Their excellent credit does not count as there is no qualified credit or income to support the refinance. Therefore, there will be more troubles in housing ahead as most homeowners who need to lower their mortgage payments cannot do so. Something will have to give soon, and they will either have to sell their house cheaps in todays deteriorating market or walk away in foreclosures because they cant afford their mortgage payments any longer. Prospecting for customers these days is like harvesting in an insect-infested cornfield! Peter - Last Post by: peter on 09/05/2010 @ 6:39 PM

The Housing Market Today (by: peter)

Hi Everyone, My name is Ron Howard and Im a Senior Banker in Seattle, WA. I was wondering what everyones reaction is to the "mini-bubble" were experiencing. How has it effected you? Your business? Here in Seattle we have been lucky to have a strong economy though, housing prices are gaining ground slowly as well. Whats happening in your neck of the woods? Ron Howard - Last Post by: peter on 09/05/2010 @ 6:33 PM

352K+ MB/LO E-Mail Database - $379 BO Price! (by: datalyst)

Often Imitated - Never Duplicated [url="http://tinyurl.com/Broker-Outpost-Member-Pricing"]Real Estate Datalyst.com[/url]

WE MINE & SELL OUR OWN DATA - WE ARE NOT DATA RESELLERS� 95% E-Mail Address Hard Bounce Free Guarantee We are the ONLY business that will do ALL THREE services for you: 1. Sell e-mail address verified contact databases 2. Send your UNSOLICITED e-mail campaigns 3. Data mine websites for you We are the ONLY service who advertises SUPERIOR E-MAIL ADDRESS QUALITY because� We are the ONLY service that actually uses our own databases EVERYDAY You DESERVE BETTER than resellers � You DESERVE REAL DATA from the source [url="http://tinyurl.com/Broker-Outpost-Member-Pricing"]Real Estate Datalyst.com[/url]
YOU WILL ONLY FIND IT WITH DATALYST! MORTGAGE BROKER & LOAN ORIGINATOR DATABASE COMPLETE SEPT 2010 EDITION 352,000+ Active E-Mail Addresses Only $379 - Broker Outpost Member Price [url="http://tinyurl.com/MB-LO-Database-BO-Discount"]Get your MB-LO Database - Datalyst[/url] Hard Bounce Scrubbed and Verified Mortgage Broker & Loan Originator Database 352,000+ Active E-Mail Addresses Our National MB/LO Database is the most comprehensive, accurate and efficient internet marketing compilation specifically designed for e-mail campaigns to contact Mortgage Brokers, Loan Originators and Lenders around the country. ZERO duplicates or "bad syntax" addresses! It is the most efficient way to: Create business relationships in your own backyard or across state lines Generate your own leads for purchase loans and refis Create interest in the buying, selling & trading of lead data for all primary & secondary products/services - credit repair, debt settlement, loan mod, Mtg. Note Investing/Brokering, etc. Market your services such as Lead supplier, Title services, LO training, Notary, Processing, Back-end service processing, etc. Recruit new candidates & seasoned professionals into your organization You may have seen similar looking offers around the net for just such a marketing database. Why is OUR DATA different and why is it the source YOU should use? A Datalyst database is different because we are the data mining source of the information. We are not a reseller or an affiliate reseller of someone elses old, unfiltered and unreliable data. We are the source � the GUARANTEED source. We always offer our �95% E-Mail Address Hard Bounce Free Guarantee on all of our data. Why are we that confident in our data? We are that confident in our data because we use it every day. We use the very same database for our Datalyst e-mail marketing customers in their internet campaigns as well as our own internal marketing campaigns. YOU WILL NOT FIND A BETTER DATABASE ANYWHERE Chris Adams support@RealEstateDatalyst.com - Last Post by: datalyst on 09/05/2010 @ 6:33 PM

MARKET to REAs & Get DEALS from the SOURCE (by: datalyst)

Often Imitated - but Never Duplicated [url="http://tinyurl.com/Broker-Outpost-Member-Pricing"]Real Estate Datalyst.com[/url]

WE MINE & SELL OUR OWN DATA - WE ARE NOT DATA RESELLERS� 95% E-Mail Address Hard Bounce Free Guarantee We are the ONLY business that will do ALL THREE services for you: 1. Sell e-mail address verified contact databases 2. Send your UNSOLICITED e-mail campaigns 3. Data mine websites for you We are the ONLY service who advertises SUPERIOR E-MAIL ADDRESS QUALITY because� We are the ONLY service that actually uses our own databases EVERYDAY You DESERVE BETTER than resellers � You DESERVE REAL DATA from the source [url="http://tinyurl.com/Broker-Outpost-Member-Pricing"]Real Estate Datalyst.com[/url]
HERES HOW ITS DONE E-mail marketing is how many (if not most) "lead providers" get their info. For the professional marketers it is low cost, immediate, trackable and extremely effective. You can pay $30 per lead and be forced to buy in quantity, say 50 or so minimum. That would be $1,500 just to get the same data that might have been sold to 50 other LOs the same week regardless of some "exclusive" offer, depending on how much you trust the particular provider. Or you can GENERATE your own PRIVATE leads by doing the marketing yourself We have customers every day who do this and they keep coming back, so their business model must be working for them. Many admit they simply cherry pick the leads and then SELL the rest (usually paying for their marketing costs by selling the "unwanted leads"). This works for all lead types: purchase & refi, credit repair, debt settlement, loan mods, short sales, recruiting, etc. E-mail marketing can consistantly work, but it is not for everybody. You cant be shy or afraid about what others may think. It is just business - make a plan and work it.
REAL ESTATE AGENT CONTACT LISTSMarketing databases - All 50 states Real Estate Datalyst http://tinyurl.com/Broker-Outpost-Member-Pricing ALL DATABASES - IMMEDIATE DOWNLOADS - NO WAITING
***We can send your e-mail messages too***Small Drip Campaigns from 10K per day to Super Jumbo Campaigns of 5 million per month
352,000+ E-mail addresses for [i]Mortgage Brokers/Loan Officershttp://tinyurl.com/MB-LO-Database-BO-Discount 1.09 MILLION+ REAL ESTATE CONTACTS NATIONALLY!http://tinyurl.com/National-REA-BO-Discount Full Name - Business Name - Mailing Address - City/TownState - Zip Code - Phone NumberE-MAIL ADDRESS Databases are updated at least quarterly for superior e-mail deliverability $49 - $129 - Individual State Lists $199 - Jumbo State Lists California - 161,400+ Florida � 150,400+ Texas � 76,200+ $529 - National Real Estate Agent Database

CALIFORNIA REA JUMBO LIST This database now has 161,400+ contacts. http://tinyurl.com/CA-REA-Database-BO-Discount

FLORIDA REA JUMBO LIST This database now has 150,400+ contacts. http://tinyurl.com/FL-REA-Database-BO-Discount

TEXAS REA JUMBO LIST This database now has 76,200+ contacts. http://tinyurl.com/TX-REA-Database-BO-Discount

NATIONAL TITLE COMPANY LIST http://tinyurl.com/Title-CO-Database-BO-Discount

www.RealEstateDatalyst.com These are BROKER OUTPOST MEMBER Prices We have the LOWEST EVERYDAY PRICES you will find!Retail pricing[/u] - $79 - $229 per State Database ($329 Jumbo) & $879 for the National Database The databases are formatted in Excel Our website has easy .csv & text conversion instructions if needed

We would like to do business with you. Visit our automated website for more info. Please dont hesitate to contact us with any questions you may have. Thank you, Chris Adams Support@RealEstateDatalyst.com - Last Post by: datalyst on 09/05/2010 @ 6:33 PM

B2B E-Mail Campaigns--Send 25,000 - 10 Million! (by: datalyst)

Often Imitated - but Never Duplicated [url="http://tinyurl.com/Broker-Outpost-Member-Pricing"]Real Estate Datalyst.com[/url]

Commercial Bulk E-mail Campaigns[url="http://tinyurl.com/Datalyst-Campaign-Systems"]Send an E-Mail Campaign - Datalyst[/url] We ARE different from the rest We are (as far as we know) the ONLY commercial business who will send your UNSOLICITED commercial messages and also give you the OPTION to purchase & download the actual contact databases that we send to. Also, our complete infrastructure is ONSHORE ONLY - we thought you might like that.

HERES HOW ITS DONE E-mail marketing is how many (if not most) "lead providers" get their info. For the professional marketers it is low cost, immediate, trackable and extremely effective. You can pay $30 per lead and be forced to buy in quantity, say 50 or so minimum. That would be $1,500 just to get the same data that might have been sold to 50 other LOs the same week regardless of some "exclusive" offer, depending on how much you trust the particular provider. Or you can GENERATE your own PRIVATE leads by doing the marketing yourself We have customers every day who do this and they keep coming back, so their business model must be working for them. Many admit they simply cherry pick the leads and then SELL the rest (usually paying for their marketing costs by selling the "unwanted leads"). This works for all lead types: purchase & refi, credit repair, debt settlement, loan mods, short sales, recruiting, etc. E-mail marketing can consistantly work, but it is not for everybody. You cant be shy or afraid about what others may think. It is just business - make a plan and work it.

Every day we send: Plain Text - with 40 character hard carriage return format. The choice of serious plain text marketers�You know who you are! Text HTML - Full rich text formatted messages to your specification using Dreamweaver HTML - the preferred coding of most major mail servers today. Just forward your �ad copy to us and we do the rest. Click through links created in a snap! Graphic HTML - Nothing grabs a readers attention like great graphics! We can send your message with images and code all of the redirects. Just forward your "ad copy" and we can easily get your full image messages out in no time. Our current customers are having success with: Building REA relationships Creating their own exclusive leads Loans Loan Mod Credit Repair Short Sales Recruiting LOs Direct download/view website sales Subscription websites Loan rate guides E-books Powerpoint, video and other LO training materials Industry related spreadsheet & database programs Our Campaign setup: 1. Choose a database to send to - Select from our databases and target the prospects you really want. Some databases are quite large and that does not mean you have to send to the entire thing. For example: You could choose our MB/LO database with over 250K contacts and only send to a portion of the database - say 50K or 100K. We will always keep your campaign details on record, so when you want another campaign to more contacts we can eliminate the ones you already sent to, if you like, so you are sending to fresh ones! 2. Choose how many messages you want to send - Please review our pricing details below and plan your campaigns. We find that customers who take the time to plan their campaigns can actually SPEND LESS than those who are blasting on a wing and a prayer. 3. Message review - We will completely review your ad for various reasons such as checking for good grammar, spelling, syntax, tone and its spam rating cross section. We will run your message through "spam rating filters" to help increase the chance of your message getting to your readers. We may offer suggestions on wording or symbol usage, possible changes to your message and help you to format your ad so it delivers the maximum punch during your campaign. 4. Your review and approval - We will send you an HTML copy of your message (or a link to your HTML copy - whichever works best for you) for your review and approval. You can still make changes at anytime, but when you give us the "go" command your message will be sent and we cannot get it back. Please double check everything before you tell us to hit the send button. We are never in a hurry with your campaigns, so you can take your time. 5. Make your campaign purchase- Once you give us the command to send, we will still need to process your payment before we hit the send button. This will give you time to plan your campaigns and choose the best sending strategies that will work for you. We accept all payments via Paypal and we will send you a special purchase link for your campaigns. You can make your payment anytime before we send your campaigns. Campaign Pricing (minimum campaign) Up to 75K messages for $249 100K for $299 150K for $379 200K for $449 250K for $519 500,000 for $899 750,000 for $1,130 1,000,000 for $1,350 2,000,000 for $1,950 3,000,000 for $2,650 4,000,000 for $3,350 5,000,000 for $4,050 6,000,000 for $4,750 7,000,000 for $5,350 8,000,000 for $6,050 9,000,000 for $6,650 10,000,000 for $7,150 We have bigger discounts for the more aggressive marketers who desire 250K plus � 5 Million messages outbound each month (or each week!). We also recognize bulk sending prices for customers who are not doing million message blasts. For instance: Lets say you wanted to send four individual 50K message campaigns across a month or so. You could either purchase and send each 50K campaign separately ($199 X 4 = $796) or you could purchase a 200K campaign upfront for $449 and save $347 or about 43%. You can still have the messages sent on your schedule. Remember, you are in complete control of your marketing - you always have choices with us. We reserve the right to select times of day and to spread certain campaigns across multiple days. Target the prospects you really want and select from our databases. Some databases are quite large but, that does not mean you have to send to the entire list. For example: You could choose our MB/LO database with over 250K contacts and only send to a portion of the database - say 50K or 100K. We will always keep your campaign details on record, so when you want another campaign to more contacts we can eliminate the ones you already sent to, if you like, so you are sending to fresh ones! We find that most of our customers to date (small business marketing) are sending 50K - 250K twice per week until they see the numbers they want. Everybody has their own strategies and methods. Some customers use our service to simply increase direct sales at their websites. Others (MB/LO, loan mod, credit repair, etc.) use our sending resources to drive leads to their submit pages on their websites. Either way, we only charge to send the messages. We in no way charge commissions or lead fees. All sales and leads are the property of the customer only. That is just another reason why we are different from many other vendors out there. Our Campaign Must Haves: 1. Your subject line - Make it brief, catchy if you can and to the point - avoid "spammy" terms like "Buy Now", "Hurry", "Sale", "Big Discounts" & "spammy" symbols like $, &, *, !, etc. Spam filters dont like those. 2. A first & last name - This will be shown on the "from" line. It should be the senders real name (though we wont tell if it isnt). Avoid strange names as spam filters dont like those either. 3. A valid "reply to" e-mail address - This will also be shown on the "from" line. It will be subject to receiving auto responses (out of office, vacation, etc.) and the replies from your readers. It will also be subject to anyone who received your messages - so select it wisely. Many business folks dont like responding to non professional free domain addresses like gmail, hotmail, yahoo, etc. Put your best foot forward. 4. Your complete message - Include a one line title, if you like, in bold to get your readers attention. Tell them who you are so dont forget the name of your business. Keep your paragraphs to three short sentences at most - any more and you might lose the attention of your reader. Use bullets for multiple important points you want to get across. You should have some kind of a closing statement to wrap things up and include your business name again, if you like (take advantage and brand yourself). Lastly, dont be afraid to let them know who you are personally, if you like - include your name, mailing address, phone numbers (direct, cell, office, toll free, etc.), and your "reply to" e-mail address again for them to see in your message signature. Everybody sends different messages so dont be afraid to try something - swing for the fences! Remember, we do not charge extra for helping you put together a message, code your click through links or redirect graphics from your host server. We are not copy writers or graphic artists though, but if you have any questions at all - please feel free to ask. Also, we recommend the use of shadow domains when you reference to or have links to websites as well as your e-mail address domains. We want to help protect your business assets. The net can sometimes be a pretty strange place to navigate, so think like a boxer - protect yourself at all times. Yet, another reason why we are different from many other vendors out there. Protection for YOU and YOUR Business Domains We have campaign programs specifically designed to protect your business domains from being blocked, redlisted or blacklisted. We send your messages from our commercial bulk sending platform. We send from multiple Class "A" IPs and multiple domains. This will protect you from any spam complaints because they will simply be directed to our server � not directed to you. We have entered into agreements with the mail server community and are required to follow the multi feedback loop procedures. We jump through the hoops so you dont have to! We handle spam complaints from our commercial bulk sender platform. When you follow our recommended protocols you will not have to defend yourself against spam complaints from mail server administrators against your business domains. NOTE: Our only restrictions are that your content must be industry B2B related (or easily approved). We do not send campaigns related in any way to MLMs, dating/escort/other websites, prescription medications or OTC medications such as weight loss pills, gaming enticements or any other advertisements that may violate Federal or State laws. You have plenty of individual options You can use your own "reply to" address and receive all the replies (and autoresponders) or we can use ours and you will receive nothing at all - just the click throughs to your website. You also have the option of using a "shadow" domain to further protect your business domain. For instance, your domain may be loanbroker.com. You can set up a shadow domain called loan-broker.com or loanbroker.net. We can enter this as the "reply to" domain and you will receive all your replies, but it will send them to your campaign domain and protect your true business domain (we have found that recipients rarely pay attention or even notice the difference). You can simply forward your campaign domain replies to your business address account. You can then correspond from your real address if you choose. This will even further protect your business domains and addresses from complaints, block attempts and blacklists. It really depends on what you are marketing and how you want to receive customer responses. We would like the opportunity to design your individual campaign. Projects take just 1 to 3 business days to plan and execute Its as easy as�1 - 2 � 3 1. You choose the database you wish to send to, the number of times to send to the database initially and your campaign �name & �reply to address (this data is your campaign instructions). The database can also be purchased at the BO discount price along with your campaign. 2. You enter �Mail Project: & your BO user name as your subject line. Your campaign message (in an attached word doc if you choose), your subject line and your campaign instructions. We will review your project, reply to you with updated database counts, campaign agreements & billing information. 3. We will send you a test message for your approval & then send your campaign. Contact us today Chris Adams Support@RealEstateDatalyst.com - Last Post by: datalyst on 09/05/2010 @ 6:32 PM

White House to Deploy Broader Mortgage Aid (by: peter)

http://tinyurl.com/2a74qx5 - Last Post by: peter on 09/05/2010 @ 6:30 PM

A Ben Stein Quote for this LABOR DAY weekend (by: samurai)

"Fathom the odd hypocrisy that Obama wants every citizen to prove they are insured, but people dont have to prove they are citizens." - Last Post by: samurai on 09/05/2010 @ 6:18 PM

Appraisal Collusion? (by: Adept Appraisal)

I have noticed a trend lately where the sq footage of a house is coming in low, and not just a few sq, but sometimes between 10 & 20% low. 10 of my last 24 appraisals have come in lower than a previous appraisal(or the known sq footage), 6 between 5-10% low, 3 between 10-15%, and 1 over 15%. The appraisers are doing all they can not to respond, the reps are saying does this really matter to the deal(Most of my loans are in the 40-70% LTV range), and the AMCs for the most part are acting like they are addressing the issue, but nothing gets done. (One may cost me .625 pt on a $417 loan) Most can see how this benefits the lender, and making them happy keeps the AMC and appraisers on the list. Has anyone else noticed this in other parts of the country? - Last Post by: Adept Appraisal on 09/05/2010 @ 6:12 PM

MY EPIPHANY or THE GLASS IS HALF FULL (by: carriemaese)

I know, this is a duh moment, call me having a captain obvious moment....but for some reason I never looked at it this way. Its ironic that many on the left are calling middle Americans "angry mobs," as if they mean harm, just because they do not like the path we are on. When you look who put the Messiah in office, it was the independent voter, many of which, were angry mobs (very angry Americans) with Bush. They were suckered in with the "hope" and "change" and hype. Now, many of those that demanded change are demanding it again. Why the hypocracy? Why are we suddenly angry mobs, but the Messiah supporters were doing whats right for America? Whats a Messiah to do? Its the same anger folks. - Last Post by: carriemaese on 09/05/2010 @ 6:04 PM

Enjoy the Holiday everyone! (by: carriemaese)

Immmmmmmmmmmm Outttta Herrrre! http://tinyurl.com/dnaduk - Last Post by: carriemaese on 09/05/2010 @ 6:00 PM

The Most Interesting Man in nthe World (by: carriemaese)

I really love Dos Equis: The Most Interesting Man in the World commercials. Here are a few funny quotes: Hed show his feminine side...... If he had one In museums, he is allowed to touch the art His blood transfusions are the only reason Keith Richards is still alive Rihanna offered him $ 1000000 to sleep with her. He regretfully declined fearing she would need a wheelchair afterwards His quickness is the stuff of legend....he once caught his own home run ball Obama asked him to give the State of the Union speech His only fear is himself If he disagrees with you, it is because youre wrong He once challenged his own reflection to a staring contest. On the 4th day, he won BO members: Fill out the last word: "I dont always drink beer, but when I do, I drink___________. Or, add on the best funny quotes you think of. GAWD! Id love to be that great, a legend in my own mind! - Last Post by: carriemaese on 09/05/2010 @ 5:43 PM

When did the Industry change (vent/rant) (by: mgr2602)

I have an extremely hostile borrower, she was turned down by 3 other lenders because of a chapter 13. Shes a single mom, makes well over 100k a year and buying a home for 485k. Back in Feb I got her DUD BUT I warned her the process was going to be hard because she was refer/eligble. So, literally one day she stopped answering my phone calls and emails. July 26 rolls around and she calls be out of the blue... she finally admits she was turned down, but she really wants this house she has in escrow. So we submit the deal, from the very first day I get altimatems (SC) from her thats she will cancel if I cant get it done quickly. I get her a pretty easy approval and ask her for the things I need. she sends me half ass stuff whick scares the underwriter and he asks for more. So she sends us nasty emails about how unprofesional we are and how we should know what to get ahead of time... obviously my processor gets mad and the cat fight begins.... The borrower told me her friends didnt have to do this when they got their homes" blah blah blah We get docs Friday after just over 30days (I think thats good considering we waited for 6 days to get her BK paperwork)... guess what, we may have to resign because her middle initial is wrong on all the docs... I got another nasty email yesterday and me reply was "well we obviously need to be better at getting completely unqualifiesd buyers their loans". I was upset and I replied with anger, which I shouldnt have. So to my question: from what I remember, the industry changed overnight, but, when was that.... I kind of remember it being about the last 6 months of Bushs term.... am I right? Most of this was a venting post.... hahahha. - Last Post by: mgr2602 on 09/05/2010 @ 3:42 PM

What are your complaints about business today? (by: scottee10)

My major complaints: 1) Slow underwriting and processing by most lenders with longer turnaround times. 2) HVCC appraisals by AMCs still kill values of homes that require realistic adjustments in views, hillsides, etc. due to appraisers chosen are not familiar with the locality. 3) Purchase loans are being hampered by unreasonably long and arduous processes of short sale caused by lack of energetic efforts to be decisive in pricing by bank negotiators who are also understaffed. 4) Realtors spending too much time with "deadwood" buyers who will never qualify and bother L/Os with their fantasy buyers. Do you have any more complaints to add to, or to enhance, my above list of complaints? Peter - Last Post by: scottee10 on 09/05/2010 @ 3:39 PM

anyone happy with their net branch/VLO program? (by: Angeldoby)

looking for 100% pay on orig and ysp minus a file fee and taxes prefer benefits and weekly payroll but am flexible... please recommend any net branch or affiliate or VLO program licensed in a mnimum of FL and SC thank you - Last Post by: Angeldoby on 09/05/2010 @ 2:56 PM

Loan Toolbox with Platinum Plus Marketing (by: kkhanna)

Hey guys, I am thinking of getting both of these two subscriptions this year and really wanted honest feedback from anyone who has tried them or uses them currently and finds them an asset to have in their arsenal. Is Platinum Plus any good - What success have you had with it? Is there anything out there that is better? I really appreciate any advice and thoughts on the above. Thanks, Kunal - Happy Labor day weekend! - Last Post by: kkhanna on 09/05/2010 @ 2:40 PM

Boarder income (by: nanci322)

Does any lender allow boarder income as long as its on the 1040s? The borrower rents out most of his house and he lives in the back part. It is not a seperate structure. The borrower and his renters live in the same house. The property is in southern California. Thanks. - Last Post by: nanci322 on 09/05/2010 @ 2:23 PM

Any lender allows buydown on 10-yr fixed rate? (by: peter)

Anyone selling 10-year conforming fixed rates lately? Both B of A, Wells, and Suntrust offer pricing at 3.75% with YSP up to 1.75%. However, they do not offer buydowns or offsheet pricing lower than 3.75%. For example, if your borrower wants to pay a loan discount to bring the 10-year fixed rate down to 3.25%, this is not possible with these 3 lenders. Do you know of any lender who can offer pricing less than 3.75% either thru loan discounting or buying down the rate? Thanks, Peter - Last Post by: peter on 09/05/2010 @ 1:57 PM

$1,000 Bounty: To Kill U.S. Troops (by: zpaperkid)

$1,000 Bounty: Iran Pays Taliban to Kill U.S. Troops: http://tinyurl.com/22rh5mb - Last Post by: zpaperkid on 09/05/2010 @ 1:29 PM

Chicago Jumbo Mortgage (by: Chicago SFH)

I am looking for a jumbo mortgage programs to finance a SFH in chicago. Purchase price is still being negotiated but will be between $1.4mm - $1.5mm. The individual has $390k of liquid assets, $65k of retirement assets, $165k of illiquid assets (private equity investments), 770 FICO, and $500k annual income. Please let me know if anyone has any programs that would work for this profile. - Last Post by: Chicago SFH on 09/05/2010 @ 1:29 PM

HAVE YOU EVER??????? (by: eh6794)

Have you ever posted a loan challenge on BO, where someone has replied they can help.....and they actually did? Typically this is a wholesale source, or even hard money....and then weve seen the commerical fiascos. Unfortunately, too many have learned the hard way never to give a customers information here......or an address of the subject property, theyve only been burned. We typically hear about the disasters, but not so much on the successes. Im not talking about a BO member helping another BO member (like Nick helping me w/ a VA POA). Who have you had a success with? - Last Post by: eh6794 on 09/05/2010 @ 12:46 PM

VOE programs (by: paulpremier)

Any lenders doing VOE programs with 630 scores? - Last Post by: paulpremier on 09/05/2010 @ 12:44 PM

Jan Brewer Melt down - AZ Governor (by: adelphos)

Check this out, its cringing, see both videos. http://ktar.com/category/local-news-articles/20100901/Brewer,-Goddard-spar-in-debate/ AZ had a governor debate, if you recall Jan Brewer is the one that took over for Napolitano, and signed sb1070 into law. She is a complete joke, listen to her speak in this video and tell me you would vote for her? LOL! Amazingly awkward! "I did the best" - Last Post by: adelphos on 09/05/2010 @ 12:36 PM

***Who Wants GREAT FHA Training? (by: Tsnyder)

FIRST: FULL DISCLOSURE The publisher of the information Im about to share with you has an affiliate program. I am an affiliate. I receive a VERY SMALL commission for each sale through my link... less than $36. Thats not my primary reason for posting this. When my company decided to get involved in originating FHA loans I knew it would be important to provide a source of training for those who have no FHA experience. I looked around at every FHA training program I could find. What I found is this... there is a lot of good stuff out there but most of it is very expensive... live seminars, online webinars and "guru" training packages... most of them in excess of $500. I have the FHA underwriting guidelines handbook... good luck with that... lol... and Ive been to the freefhatraining.com website... very good but somewhat limited. The audios are well done but you really need more than that if youre going to do FHA the right way. What I found was a comprehensive training program thats presented in a way that the average person can understand the ins and outs of originating FHA loans. The program is certified for CECs in 35 states, is used by the NAMB and many state broker associations... and many major lenders. The best part is this... not only is it the best program Ive found, it also happens to be the least expensive... only $97. Thats incredibly cheap for everything included. They even include a great little marketing plan for developing FHA business. And it comes with an unconditional 30 day money back guarantee. If you want to get more details click this link... [url]http://www.FHATrainingPro.com[/url] Tsnyder - Last Post by: Tsnyder on 09/05/2010 @ 10:17 AM

ALT A products poised for a comeback? (by: peter)

Given the markets taste for junk bonds these days, the odds of, ALT A products, making a comeback, could be increasing, or _not? - Last Post by: peter on 09/05/2010 @ 09:36 AM

Stated Income VOEs Cali? (by: peter)

I keep seeing and hearing about these Stated Income deals getting done,Sounds like a VOE that verifys employment only and no income or tax returns, ect. Who is doing them? California Jumbo Purchase deal... - Last Post by: peter on 09/05/2010 @ 09:34 AM

Freedom Mortgage (by: adaniel)

Beware Freedom Mortgage. They are not approving anything these days. I had 4 out of 4 deals turned down there that got approved elsewhere and closed. They seem to be making up their own guidelines and there is no rhyme or reason. I am a 20 year veteran of "A" paper, and I am not making this up. My advice is to stay away from them until they get their act together. Beware Freedom !!!!!! - Last Post by: adaniel on 09/05/2010 @ 08:58 AM

Southeast Mortgage -Georgia location (by: adaniel)

Anyone know anything about this company? Seeking potential employment as a originator. Direct Lender claiming to have good rates and fast closings. - Last Post by: adaniel on 09/05/2010 @ 08:48 AM

10 Biggest White-Collar Crimes (by: zpaperkid)

They may sit behind marble desks, wearing expensive suits, with their ties done up to 11 o’ clock – but that doesn’t mean they won’t… steal your cash! Here’s our rundown of the most mind-boggling financial crimes in history. http://www.businesspundit.com/white-collar-crimes-history-and-how-they-were-unravelled/ - Last Post by: zpaperkid on 09/05/2010 @ 08:34 AM

Need Advice (by: zpaperkid)

Hey yall. Im fixin to buy my bro-in-laws boat. Hes giving me a hot dam good deal, end of of summer and everthang. But hey, I always here that "The two favorite days in a boat owners life is the day he buys it and the day he sells it". Is this true yall? Longhorns win today. YeeeeeHaaaw #5 Texas soon to be #1.......... - Last Post by: zpaperkid on 09/05/2010 @ 08:02 AM