Y’all will have a mouthgasm manana!
TEX MEX Breakfast Bowl (Serves 4)
Bag of Tater Tots.
1 cup shredded cheddar cheese (or that wimpy Monterey jack cheese, if y'all prefer)
8 eggs.
Meat of your choice- ham, bacon, sausage, head cheese, spam, rocky mountain oysters (1 lb).
And one cup or your favorite salsa (this is the secret ingredient of the recipe y’all) I prefer Mrs. Renfros Hot Green Salsa www.mrsrenfros.com from yeeehaaaw Ft Worth.
Directions
Microwave the tater tots in a large bowl (if frozen) with a cover for about 3-4 minutes (forget about the friggin instructions to bake these babies). Cook eggs to your specification (scrambled, fried, etc), cook meat in a separate pan, while tots are cookin’. When tots are down, toss in the cheese (mix) and watch how the blissful steam melts the cheese. Add meat, eggs, salsa and mix. Enjoy my fellow rednecks. Yeeeeeeee Haaaaaaw.
- Last Post by: El Monte Slim on 02/11/2012 @ 12:00 AM
Wanted Loan Processor with at least 2 years of experience
FHA/VA experience important. Also, processing for a broker or loan correspondent in the past a must. A working knowledge of the Change of Circumstance process and new disclosure requirements is a plus. The position entails full-time on site office hours with an early morning requirement. Imaging and automated underwriting aptitude is required as most files are processed on-line. The candidate will be responsible for learning lender websites and protocol for file submission during the training period.
Responsibilities: Reviews loan packages for completeness; obtains supporting documentation for credit evaluation and subsequent processing and closing; reviewing 4506T results; prepares reports relating to loan volume, and loan status; prior experience with Fannie Mae, Freddie Mac, VA, and FHA loans and be able to provide administrative support as needed. Implement Upfront Quality control measures and screen for fraud. Knowledge of current lending environment, compliance, and multiple lenders is very important.
Requirements: High School diploma, some college, and two years relevant lending experience. Candidate must have excellent communication skills, both oral and written. Positive can do attitude at all times is highly important. The ability to prioritize tasks based on locks and funding dates as well as a sense of urgency in funding loans are a Plus!
Global Home Finance Inc. is a mortgage brokerage company in Lewisville, TX in business since 2007. You will immediately be assigned a pipeline of deals. Salary plus a per a file bonus. Come join a positive work environment in a growing financial company!
Wanted Mortgage Loan Officers with at least 3 years of experience (mandatory). VA/FHA experience wanted.
Responsibilities: Field incoming phone calls from mail leads and website in a call center environment. Call outbound on 3rd party internet/ our website leads. Reviews loan packages for completeness; obtains supporting documentation for credit evaluation and subsequent processing and closing; facilitates loan status with consumer; prior experience with Fannie Mae DU Refi Plus, Freddie Mac Relief Open Access, VA, USDA and FHA loans and be able to provide administrative support as needed. Implement Upfront Quality control measure and screen for fraud.
Requirements: High School diploma; and three years relevant lending experience; or equivalent combination of education and experience. Applicant must have excellent communication skills, both oral and written. Positive can do attitude at all times is highly important.
Global Home Finance Inc. is a fast growing mortgage company in Lewisville, TX. Come join a positive work environment in a growing financial company!
Brad Cahoone
972-724-3222 direct ext 227
bcahoone@globalhomefinance.com (send your resume before calling me)
- Last Post by: kellamtom on 02/10/2012 @ 8:53 PM
Anyone have any favorite Loan Officer stories about a character/boss they worked with over the years?
- Last Post by: BrownRooster on 02/10/2012 @ 8:50 PM
<b>From Ivy Halls to the Garden, Surprise Star Jolts the N.B.A.</b>
By HOWARD BECK
Published: February 7, 2012
New York’s newest basketball sensation spends most nights on a couch in a one-bedroom apartment on the Lower East Side. The housing choice is understandable once you get to know Jeremy Lin.
He is a Harvard graduate playing in the National Basketball Association. He is an Asian-American in a league devoid of them, which makes him doubly anomalous. No team drafted Lin in 2010. Two teams cut him in December, before the Knicks picked him up.
His contract, potentially worth nearly $800,000, was not even guaranteed until Tuesday afternoon. So for the past six weeks, Lin, 23, has been sleeping in his brother Josh’s living room, waiting for clarity and career security.
“He has his own couch,” Josh Lin, a New York University dental student, said cheerfully.
He should be able to reclaim his living room soon enough.
Jeremy Lin’s utterly distinctive, mostly transient N.B.A. existence has taken a rather sudden turn over the past few days.
On Saturday night, Lin came off the bench and powered the Knicks to a 99-92 victory over the Nets at Madison Square Garden, scoring a career-best 25 points with 7 assists. Two nights later, he made his first N.B.A. start and produced 28 points and 8 assists in a 99-88 win over the Utah Jazz.
Knicks fans now serenade Lin with chants of “Je-re-my!” and “M.V.P.!” while the franchise uses his likeness to sell tickets and teammates and coaches gush with praise.
With every game, every precision pass and every clever drive to the basket, Lin is raising expectations, altering the Knicks’ fate and redefining the word “unlikely.” On Twitter, fans and basketball pundits are using another term to describe the phenomenon: “Linsanity.”
Two weeks ago, the 6-foot-3 Lin was not even part of the Knicks’ point-guard rotation, despite their lack of talent at the position. He played sparingly in a few games, showing just enough promise to keep getting another look— a few more minutes, another quarter. But there was never any hint of what was to come.
With 25 points Saturday, Lin set the N.B.A. scoring record for a player from Harvard. For an encore, he became the first player in more than 30 years to record at least 28 points and 8 assists in his first N.B.A. start. The last to do so was Isiah Thomas, the Detroit Pistons’ Hall of Fame point guard, in October 1981.
“I don’t think anyone, including myself, saw this coming,” Lin said after the game Monday.
That is, essentially, the story of Lin’s career. He was cut in December by the Golden State Warriors, his hometown team, after one season in which he rarely left the bench. The Warriors were intrigued enough to sign him but not enough to keep him. The Houston Rockets gave Lin a quick look and cut him.
When the Knicks claimed Lin off waivers Dec. 27, he was fourth on the depth chart at point guard. Now he is No. 1, continuing a long pattern of low expectations and surprising results.
Lin received no college scholarship offers, despite leading his Palo Alto High School team to a 32-1 record and the California championship. At Harvard, he was twice named to the all-Ivy League first team and delivered a signature 30-point performance against 12th-ranked Connecticut.
At draft time, in June 2010, Lin was again overlooked. N.B.A. teams had their doubts — about his defense, about his jump shot, about his ability to keep up with the league’s elite athletes.
They were the kind of concerns scouts have every year about dozens of prospects, from all sorts of programs and all sorts of backgrounds. Yet there was no escaping Lin’s unusual pedigree and the subtle sense that he did not fit a profile.
Lin is the N.B.A.’s first American-born player of Taiwanese or Chinese descent and only the fourth Asian-American in league history. His parents, Shirley and Gie-Ming, who are engineers, emigrated from Taiwan to the United States in the 1970s.
“I think people are surprised, because people don’t know him, or maybe he’s a pioneer,” Shirley Lin said. “There’s not that many Harvard players, not that many Asian-Americans. He’s just kind of like underdog. But he works hard.”
The qualities that make Lin unique, and seemingly held him back, are now the qualities that make him a sensation. Knicks fans were clamoring for Lin before he threw his first pass at the Garden. They roar louder for his shifty layups in traffic than they do for Carmelo Anthony’s.
Lin is the proud underdog defying scouts, stunning opposing defenders and forcing reassessments with every daring burst into the lane. He is more than a novelty now, but also more than just an underrated player finding success.
Social networks lighted up Saturday night and again Monday with excited chatter about Lin, much of it from Asian-American fans who have been following him for years.
“It’s just a real point of pride, the success he is having,” said Carl Park, a 35-year-old graduate student in Chicago and a first-generation Korean-American.
Park grew up a Milwaukee Bucks fan, but he roots for Lin wherever he plays.
“It represents a step for the Asian-American community as it becomes part of American culture more broadly,” Park said.
To illustrate his point, Park posted a humorous “Timeline for what Asian-Americans get called in pickup basketball” on his Facebook page. In 1980, it was “Bruce” (as in Lee). In 1995, “Jackie Chan.” In 2000, “Yao,” for Yao Ming.
In 2012, “Jeremy.”
The first examples came from Park’s own experience as a recreational player. The last, he hopes to hear.
“It’s nice there’s been some progress that way,” Park said, “in that younger guys might actually get called the name of an actual basketball player.”
Yet the Lin phenomenon transcends race or nationality. He resonates with devout Christians, because he speaks openly of his faith, a sort of Taiwanese Tim Tebow. He taps into the passions of Harvard alumni, Ivy Leaguers, New Yorkers and anyone anywhere who loves an underdog.
“Jeremy Lin” was a top trending topic on Twitter on Sunday, in New York and in San Francisco. On Monday, he picked up nearly 10,000 followers on his account, @JLin7. On Tuesday, a Lin-themed rap appeared on YouTube.
No demographic seems to love him as much as Knicks fans, who are suddenly counting on Lin to revive their flagging season. The stars, Anthony and Amar’e Stoudemire, have struggled. The presumed starting point guard, Baron Davis, is recovering from a back injury. The Knicks have lost 15 of their first 25 games, dousing their championship hopes.
Another setback came Tuesday, when the Knicks announced that Anthony would miss up to two weeks because of a groin injury.
On Twitter, the fan response came swiftly: “As long as we have Jeremy Lin, we’ll be fine,” wrote @CareyWilbur.
It is perhaps too much to ask the undrafted player from Harvard to save the season. It seems more likely that Lin, who has a degree in economics, will ultimately settle into a more modest nightly role.
But the uncertainty is over. Lin has cemented himself as a credible N.B.A. player, not a novelty act. On Tuesday, his contract became guaranteed for the season. The Knicks are keeping him. It seems safe to go apartment hunting.
“I think he’s looking forward to it,” Josh Lin said.
- Last Post by: Billy Pilgrim on 02/10/2012 @ 8:24 PM
I did several from simple to pretty comprehensive. Here is a chart from the more comprehensive test. Just so we don't have to keep guessing.
The no mocking rule is in effect.
http://i385.photobucket.com/albums/oo293/HoplandAppraiser/leftrightscore.jpg
Here's the test if anyone wants to compare notes.
http://www.politicalcompass.org/test
- Last Post by: Hopland on 02/10/2012 @ 8:15 PM
I just wanted to see how your numbers are looking like.
I started in the business in 1993 and every year did better than the year before incomewise until 2005.
2003 was my best year. I funded 233 loans and $63 million.
2006 was my worst year. I only funded 49 loans for $17 million which was even worst than my first year in the business.
2007 picked up quite a bit but 2008 through 2010 were average. The good news is that my production for 2011 is almost twice as much as 2010 and better yet 80% of the fundings were in the 2nd half. This year is looking to be better than last year knock on wood. Have a great weekend.
- Last Post by: homebroker@sbcglobal.net on 02/10/2012 @ 7:34 PM
I am working up the NMLS Mortgage Call Report and was wondering what types of files we have to include and what types we can leave out
I will include all closed files but what about the other type of files. Do the following types of files have to be included?
1- customer sent some income info or credit was pulled but the loan was not workable so it was never proceeded with
2 - disclosures were sent out to customer but they never followed through
3 - loan was denied by lender
Do we have to include all these in the report? and if we don't report these how would anyone know? Do they have a way of tracking files that have entered into Calyx? What if the file was deleted from Calyx after it was determined that the file wasn't workable?
- Last Post by: Mandyvilla on 02/10/2012 @ 7:30 PM
I got a screen popup on my Calyx Point 7.5 that I must set
up a data folder in my Point Administrator. So, I went in there
and tried to set it up. The result is that I have lost all
my typed files etc. and got replaced by a new data folder with
nothing but blanknes.
Anyone here knows how to set upthe Point Administrator? Would
appreciate your help, as I can reach Point customer service
till Monday. Meanwhile, I have files to process and am now
unable to do any processing.
Thank you.
Peter
- Last Post by: peter on 02/10/2012 @ 7:23 PM
Anyone have a portfolio product for NOO cashout refi at about 60% LTV?
Marin County, CA with good full doc borrowers.
- Last Post by: BlackonBlackMaybac on 02/10/2012 @ 7:08 PM
Back in 1959, Wisconsin became the first state to let public employees unionize. The unions spent the next half-century productively, generating lavish benefits for their members. By the time Walker took office in 2011, the overwhelming majority of state and local government workers paid nothing toward the annual contributions to their pension accounts, which equaled roughly 10 percent of their salaries per year. The average employee also used just 6.2 percent of his salary on his health-insurance premium. Among Walker’s reforms, therefore, was requiring employees to start paying 5.8 percent of their salaries, on average, toward their pensions and to double their health-insurance payments to 12.4 percent of their salaries. These two changes, Walker estimated, would save local governments $724 million annually, letting him cut state aid to localities and reduce Wisconsin’s $3.6 billion biennial deficit.
http://www.city-journal.org/2012/22_1_scott-walker.html#.TyFy34RcVVI.facebook
- Last Post by: Tampa Teddy on 02/10/2012 @ 6:32 PM
My name is Tony Brazell with buyer home site if you are a loan officer looking to increase your purchase business feel free to contact me in regards to buyers we have looking to purchase in most counties in the US we have high conversion rates (depending on the counties). If you would like further information please email me or contact me my information ins listed below.We deal with conventional, rent, and some commercial properties
Tony Brazell
Site Manager
tbrazell@buyerhomesite.com
D: (571) 512-7012 F: (571) 512-7001
- Last Post by: Tampa Teddy on 02/10/2012 @ 6:29 PM
Palmdale Ca. Have client with 8000 square foot house 80% construction complete, need 275,000 loan to finish and sell to waiting buyer.
I need to make 2 to 3 points,
- Last Post by: timjarvis on 02/10/2012 @ 6:28 PM
Just got off a great webinar for HARP 2.0 held by Jim Saghnger and Andrew Berman. It was very informative. Wondering what other lenders are accepting HARP 2.0 loans.
- Last Post by: Tampa Teddy on 02/10/2012 @ 6:27 PM
So lucky I hit the lotto or it would be negative
- Last Post by: loancloser1342 on 02/10/2012 @ 5:31 PM
Only investor I have so far is United Mtg. Pricing is not very competitive. Property in NH. Anyone know of others to do with existing Radian MI??
Thanks in advance.
- Last Post by: mfinance on 02/10/2012 @ 5:16 PM
Lets start out 2012 on a positive note.
I'm rolling out a new program for rehabbers/investors in California up to 65% to 70% of the purchase price on a 1 year fixed interest only with no prepayment penalty, this program is geared towards your rehabber or investors for short sale and REOs. We close within 7-10 days, no appraisal in borrowers name or corporation or LLC, without extra hits to rate or cost.
Highlights of the program are:
Up to 70% of the purchase price
no prepayment penalty, or hold backs for construction repair
no min fico scores, no additional hits for bad fico, just a quick close
stated/verified assets (need to see money in the bank for down payment)
loans from 100k to 750k
All California Major cities.
Rates are from 11.99% to 12.99% with a cost of 3.50%-4.00% with an underwriting fee of $795.00...No appraisal required.
Let me know if you have any questions.
Pouyan Broukhim---PB Financial Group Corp
323-935-5555 x 102 Office
866-318-4471 Direct Fax
info@pbfinancialgrp.com
http://www.pbfinancialgrp.com
PB Financial Group Corp 357614
Pouyan Broukhim 348736
- Last Post by: PBHardMoney on 02/10/2012 @ 5:02 PM
Providing Financing in California for purchase and refinance on n/o/o, multi unit and commercial properties, rates start at 9.50%
We specialize in the following types of private hard money real
estate loans:
----We lend in all California Counties
----Less than 499 fico score, fico is not our driving factor real estate equity is
----Real Estate Equity Loans
----Non-owner Occupied and Multi Unit up to 60%, going stated
----No Fico....No problem
----Commercial/ Income producing hard money loans up to 60%
----1st and 2nd position loans, on residential and commercial
----Residential Loan amounts---$100,000.00 to $2,000,000.00
----Commercial Loan amounts---$200, 000.00-$5,0000,000.00
----Rates start 9.50% to 12.00% depending on Loan to Value.
----Cost start at 2.00% to 4.00% depending on program offered and Loan to value
Approvals within 24-48 hours.
CALL POUYAN DIRECTLY FOR PRICING
Pouyan Broukhim---PB Financial Group Corp
323-935-5555 x 102 Office
866-318-4471 Direct Fax
info@pbfinancialgrp.com
http://www.pbfinancialgrp.com
PB Financial Group Corp 357614
Pouyan Broukhim 348736
- Last Post by: PBHardMoney on 02/10/2012 @ 5:01 PM
I never listen to Glen Beck (like never) but was getting an oil change the the guy in the car behind me was listening to him (I was outside having a coffee).
So Beck was going off about spending millions to change the constitution in Kenya to allow abortions (and how we withheld foreign aid until they passed it). Seems crazy right....so google is my friend and I looked it up. WTF is wrong with our government.
Maybe this was big news but it shows that we WASTE money every day on shiiiit that is none of our business. I don't care if you are pro-choice or pro-life, how is what Kenya decides any of our concern?
Washington, DC (LifeNews.com) – A new report issued by the Inspector General (IG) for the U.S. Agency for International Development (USAID) reveals the Obama administration has spent over $23 million for activities in Kenya to influence voters there to support a new constitution that would allow virtually unlimited abortions.
The nation currently protects women and unborn children from abortions, but a constitution voters will consider on August 4 would change the historic pro-life laws of the African nation.
Rep. Chris Smith, a key pro-life congressman who is the Ranking Member of the Africa and Global Health Subcommittee, has been working with other lawmakers and the IG’s office to investigate grants the Obama administration has provided to Kenyan groups promoting the Yes vote campaign for the new constitution.
<b>In a new report Smith released to LifeNews.com on Friday, he says U.S. taxpayers are now footing the bill for those pro-abortion efforts to the tune of $23 million, far above previous estimates.</b>
Previous estimates had indicated that $2 million was being spent, then that was updated to $11 million and now the figure identified by the IG’s office exceeds $23 million, he said.
<b>“The Obama Administration should not be spending $23 million in American tax dollars on the specific “Yes” campaign, pushing a determined outcome on the proposed constitution in Kenya,” Smith said.</b>
“The U.S. government can be supportive of the process, helping to secure a free and fair referendum. But we must respect the Kenyan people and let them decide for themselves. U.S. dollars should not be used to tell the Kenyan people how to vote," he added.
The U.S. Embassy in Kenya on Friday admitted that it has provided about $11 million in support of the constitution process and an internal investigation found nine of more than 200 subgrantees supported the pro-abortion constitution. Embassy officials claimed those grants have either been suspended or concluded, essentially admitting the Obama administration has been funding such groups.
As LifeNews.com reported on Monday, the United States embassy in Kenya issued a statement saying the administration of President Barack Obama is not spending taxpayer dollars funding a campaign to support a pro-abortion Constitution Kenya voters will consider at the polls next month.
After publishing a news story compiling the developments over the last two months that LifeNews.com has chronicled, Fox News received a response from pro-abortion Vice Presdient Joe Biden’s office denying funding.
"Requests for comment sent to the vice president’s office were not initially returned, but following the original publication of this story, Biden’s press secretary, in an e-mail, stressed that while in Kenya the vice president reiterated that it is up the people to decide about their country’s constitution," the television news station indicated.
Smith says the information the IG’s office has revealed reinforces concern that the Obama administration is financially supporting groups and activities that are advocating for abortion in the context of the draft constitution.
Smith said the IG’s list shows that “U.S. tax dollar monies are flying out the door to pro-abortion groups committed to overturning pro-life laws in Kenya.” He documented some groups getting funds and outlined new ones on Friday.
He pointed to the Kenyan Federation of Women Lawyers (FIDA-Kenya), which, as a member of the Kenyan Reproductive Health and Rights Alliance (RHRA), is committed to increasing the availability of abortion and the decriminalization of abortion in the country.
FIDA-Kenya helped to draft controversial legislation and launched a campaign in 2008 to liberalize Kenya’s abortion law. Under the U.S. law, such actions should make FIDA-Kenya and similar organizations ineligible for civic education assistance related to the draft constitution. The group is supported by the Planned Parenthood Federation of America and received $85,363 from USAID for advocacy activities related to the draft constitution.
Smith also says the Obama administration has recently financially supported Committee of Experts on Constitutional Review in Kenya, which drafted the abortion-related provisions in the proposed constitution. It received $180,000.
The Committee rejected the life of the mother only exception to abortion inserted into the draft constitution by a Parliamentary committee, and added a “health” exception to abortion. It is commonly known that health exceptions to abortion often lead to abortion on demand owing to the broad definition of health that includes socio-economic reasons as exemplified in the US Supreme Court decision on abortion in 1973.
The African Woman and Child Features Service, a media non-governmental organization backing abortion and the constitution, received nearly $157,000 for constitution-related activities, including “advocacy and lobbying meetings with reform bodies at national level.”
Development Alternatives, Inc. (DAI), which is receiving almost $3 million as a primary grant recipient, advised USAID in 2000 that USAID/Kenya would benefit by supporting civil society organizations that are advocating for “efforts to eventually legalize abortion in Kenya.”
While acknowledging that such activity would be “politically sensitive,” DAI suggested that USAID might support local advocacy groups in their efforts as part of USAID’s democracy and governance strategic objectives component that supports civic society organizations.
Smith stressed that the United States can and should be supportive of “a fair, free and non-violent” process and civic education, but not work for a specific outcome.
“We should be embracing the health and welfare of both mothers and children in African while respecting sovereign pro-life laws. Instead, the Obama Administration is trying to change Kenya’s existing restriction on abortion through the referendum," Smith added. "Such actions constitute a violation of U.S. law and is an affront to both the pro-life people of Kenya and the US, an overwhelming majority of whom do not support abortion, and in the case of the US—do not want their tax dollars to pay for abortion activities."
In a May letter to the IGs at the State Department and USAID, Smith, and Reps. Ileana Ros-Lehtinen (FL-18), the Ranking Member on the House Foreign Affairs Committee and Darrell Issa (CA-49), the Ranking Member on the House Oversight Committee, called for investigations into potentially illegal funding to promote the proposed pro-abortion Kenyan constitution.
Such promotion would violate a statutory restriction known as the Siljander Amendment that no USAID and State Department funds “may be used to lobby for or against abortion.”
The amendment reads, “None of the funds made available under this Act may be used to lobby for or against abortion,” and violations are subject to civil and criminal penalties under the Antideficiency Act, 31 U.S.C. § 1341."
Obama himself has promoted the new constitution in an interview in early June with the Kenya Broadcasting Corporation (KBC).
He called voting for the document a "singular opportunity to put the government of Kenya on solid footing" and urged Kenyans to"take advantage of the moment."
Obama tried to couch his language in neutral impartiality, saying "Regardless of whether they vote Yes or No I just want to make sure that they participate,’ but he extolled the virtues of the document to the KBC saying it will promote human rights.
And in May, US Ambassador to Kenya Michael Ranneberger called on the African nation’s political leaders to rally the people to pass the referendum.
Ranneberger issued a statement praising the Kenya parliament for passing the proposed constitution and urging President Mwai Kibaki and Prime Minister Raila Odinga to rally support for it.
He also suggested the Obama administration would fund a national campaign to persuade the people to adopt the document.
Although the draft contains language advocating the right to life for unborn children, it contains a section with a health exception that essentially opens the nation to unlimited abortions throughout pregnancy for any reason.
Joseph Meaney of Human Life International weighed in on the constitution saying it violates the views of most Kenyans who are pro-life.
"Kenyans are pro-life," he said. "When we see the new articles added to the constitution and approved by parliament under heavy pressure from Western elites, we are seeing an assault on the very heart of the Kenyan people."
"Perhaps the greatest insult is that this attack is happening under the banner of ‘improving women’s health’. The only ones who believe that killing an unborn child is good for a woman’s health are those who will profit from the slaughter, Western powers who are pouring untold millions of dollars into measures to keep Africa’s children from being born," he told LifeNews.com.
"This is nothing but population control, an imperialist assault intended to rob Africa of its future by eliminating her children. It is a disgrace," he said.
A poll conducted March 21–26 by the polling firm Synovate, formerly known as Steadman, shows the citizens of Kenya are overwhelmingly pro-life.
“Thinking about abortion, which of the following is closest to your view?” the firm asked respondents.
Some 69 percent of Kenya residents are against legalizing abortions while just 9 percent support it. Another 16 percent say it doesn’t matter while 6 percent said they had no opinion.
Answering the question, “When do you believe human life begins?” 77 percent of Kenyans stated that life begins at conception, while 19 percent stated that human life begins at the time of birth.
Respondents were also asked about their views concerning the new Kenyan Constitution and the question found only 19 percent support it as currently written, while a majority, 52 percent, want Parliament to revise the document before passage.
Scott Fischbach, the director of MMCL Go, an international pro-life outreach, provided the polling results to LifeNews.com.
"Currently, advocates of abortion are using the issue of maternal mortality and illegal abortions to argue for legalization of the procedure. However, the answer to illegal abortions and high maternal mortality rates is very simple: provide hope, opportunity and support for pregnant women by insuring a clean water supply, clean blood supply and adequate health care," he said.
"Kenya is a pro-life country and ought not to head toward an abortion-on-demand policy in its new Constitution," he added.
- Last Post by: Tampa Teddy on 02/10/2012 @ 4:53 PM
I have a few clients that have rental properties in AZ and TX. Since I'm licensed in CA I was wondering if anyone knows what the procedure would be to broker loans in those areas. Would I have to have a branch office in those states? Or are there some lenders that I can sign up with and be under some sort of "umbrella clause", which would allow me to broker loans out of state?
Any info would be great.
Thanks
- Last Post by: homebroker@sbcglobal.net on 02/10/2012 @ 3:39 PM
Borrower has schedule E rental income from detached back unit of her SFR. It's very common in homes in Los Angeles. Can this be used as income?
- Last Post by: Hopland on 02/10/2012 @ 3:02 PM
I have a $1.2 mil purchase with only a $417k loan. Based on the LenderVend price sheet they price appraisals based on loan type. Their conventional price is $405 and jumbo requires a quote.
Since this is a conventional loan am I safe to quote the $405? The sheet says for jumbo loans I must call and get a quote but this is a conventional loan.
Anybody have any advice.
- Last Post by: Tampa Teddy on 02/10/2012 @ 2:06 PM
The Last Great Refi Boom of Our Generation?
There's no question that HARP 2 has the potential to be the biggest refi boom of this decade. Some big bank insiders are thinking this will be the last major refi boom for the next two decades. How are you planning on capitalizing on this huge opportunity to help previously forgotten responsible underwater borrowers?
Too Early to Plan for HARP 2?
I know you feel that this might be too early to plan for your implementation of HARP 2 marketing strategies, but you need to know that the industry's biggest origination engines are already primed and ready to jump into gear. You MUST be ready for this refi boom. It will happen FAST.
Hear from HARP Early Adopters
Leading this webinar will be Andrew Berman of NMPM and Myself (Raymond Bartreau) from Best Rate Referrals (We have some powerful HARP 2 data we'll share). Joining us will be two of the country's top originators and leading experts on HARP, Chris Brown and Jim Sahnger. Both great guys who want to share with you their insights on HARP that's getting them in front of their market's top real estate agents, other referral partners and even mainstream media like Fox News.
Here is the link...
https://www1.gotomeeting.com/register/520966553
PS. Even though we will be recording this, we do have limited seating (up to 1k) and already have 800 signed up. Try not to miss this one...
- Last Post by: Tampa Teddy on 02/10/2012 @ 2:04 PM
I read an article recently that stated there were about 12,000 brokers in late 2010, less than
25% of the peak number in 2005.
- Last Post by: bcahoone on 02/10/2012 @ 1:21 PM
I am sorta interested in seeing Star Wars in 3D ... just to see where the technology is these days. Has anyone here seen it yet and care to share their experience here?
- Last Post by: CoolMtgGuy on 02/10/2012 @ 1:19 PM
LTV 65-75
Florida
Sarasota area
very low credit score/ prefer no credit ck
loan amount 100000
Hard Money
House or condo
- Last Post by: HardMoneyPro on 02/10/2012 @ 1:11 PM
I have a borrower with a HUD Manufactured home who states she owns her mineral rights, but Bank of America wont let her sell them.
Basically there is oil being drilled all around her property.
She wants to refinance, however wants a clause in there that the new lender will take no interest in her mineral rights.
Help!
- Last Post by: RyLoans on 02/10/2012 @ 12:45 PM
Is it possible to find detailed Data information for less then 20 cents a name?
What Im finding is about 24 cents to 30 cents a name, which is very detailed.
Just curious to see what the market has available.
Want to keep my costs down on my next DM piece.
- Last Post by: raymondb on 02/10/2012 @ 12:44 PM
I was referred to this lender by a old and trusted friend who specializes in Hard Money. These guys offer low rates-low points and claim they can close in 12 days for a upfront $900.00 RUSH Fee. I had a client who decided to go direct without me and discovered that once the check for $900.00 was cashed, the phone calls and emails stopped. I have since done a internet search including one on this site, and found these guys have a history doing this. How can a company stay in business that long scamming people and not get shut down? I found out from my friend today that he too has several clients whom have been seemingly victims, one of which who is an Attorney. At $900.00 a pop, it's a small claims issue, so I assume people just take their beating and fade away. But hopefully the Counselor has some friends in high places that can finally put these people out of business. Anyone experience the same with these folks?
- Last Post by: fast8816 on 02/10/2012 @ 12:30 PM
Hello all,
I am contemplating on using Docmagic for disclosures so borrowers can esign so I don't have to chase borrowers to sign them. If I am not using them for the real loan docs (as the lenders issue docs for me) does this make sense t ouse them? Are there any competitors of them that would be better for this purpose? They are saying it would cost $7 per file.
- Last Post by: Brokster on 02/10/2012 @ 12:28 PM
HARD MONEY NEW YORK
Direct Private Lender
•Commercial / Residential / Multi Family / Mixed Use
•Lowest Rates Available …As Low As 9.99%
•Close Quickly…Usually 48hrs After Title Review
•Flexible Terms…Multiple Loan Options Available
•No Credit / Bad Credit / OK!
•Direct Lender…Max. LTV 50% (Greater LTV’s with Add’l. Collateral)
•Long Island / Bklyn. / Queens / N.Y.C. / Bronx / S.I.
•1st Lien Position Only / NO Primary Residences
Please E-Mail Loan Scenarios to: HardMoneyAsap@Gmail.com
- Last Post by: closeitasap on 02/10/2012 @ 12:02 PM
We can provide you with smoking hot live transfers and loan mod leads. If you're looking for effective debt settlement leads in all 50 states we have you covered as well. Give us a call for a free quote on our best pricing for all your particular lead needs.
We will reward you with personalized service, agressive pricing and free leads.
800-466-4404
www.hiimpactleads.com
- Last Post by: settle211 on 02/10/2012 @ 12:00 PM
My office does almost all FHA Streamline refinancing. Almost 100% of our marketing efforts are geared towards these transactions.
Ever notice how hard it is to carry a conversation while trying to calculate out actual payments and savings for someone on the phone?
With the increased MIP premiums plus the fact that you are usually guessing at most figures, it's not ideal.
So, I put about two weeks of work into an excel spreadsheet that would capture all lead/client data, plus calculate the new loan automatically and break down all the figures you need to make the sale. Your clients will think you are genius with numbers and you will never wish you had a way to sort your leads by status, loan amount, rate etc.
I don't make a living making spread sheets. I made it for personal use, but the rest of my co-workers saw how many extra deals it got me and one started to use it, then another until the guys/gals started taking me out to lunch to thank me for helping them book more loans. I still hear it every week, "This sheet got me this deal".
I want to find a way to monitize it, honestly. It deserves to be sold and used by others who do streamlines.
We need to find a reasonable price point.
Would you consider it for 5.00?
Maybe even go 10.00?
- Last Post by: eh6794 on 02/10/2012 @ 11:46 AM
My name is Tony Brazell with buyer home site if you are a loan officer looking to increase your purchase business feel free to contact me in regards to buyers we have looking to purchase in most counties in the US we have high conversion rates (depending on the counties). If you would like further information please email me or contact me my information ins listed below.We deal with conventional, rent, and some commercial properties
Tony Brazell
Site Manager
tbrazell@buyerhomesite.com
D: (571) 512-7012 F: (571) 512-7001
- Last Post by: tonysellshomes1 on 02/10/2012 @ 11:43 AM
Forensic Mortgage Loan Audit Software Pro with 80 + FREE Bonus products, tools and more. Click below.
http://www.forensicloansoftware.com/index.html
- Last Post by: Tools_Pros2000 on 02/10/2012 @ 11:39 AM
<b>Washington State Set to Legalize Same-Sex Marriage</b>
By WILLIAM YARDLEY
Published: February 8, 2012
SEATTLE — Washington on Wednesday became the seventh state to legalize same-sex marriage, with the State House giving final passage to the bill and Gov. Christine Gregoire having promised to sign it.
The measure easily passed the State Senate last week, 28 to 21, despite concerns that the vote would be close.
The developments in Washington parallel an appeals court decision in California on Tuesday in which a panel of judges ruled 2 to 1 to strike down that state’s ban on same-sex marriage, known as Proposition 8. The two deciding judges wrote that the ban violated the Constitution’s Equal Protection Clause.
Washington is among more than 30 states that have passed laws defining marriage as between a man and a woman, but it has steadily expanded rights for gay couples since 2007. That year, the Democratically controlled Legislature approved domestic partnerships. In 2009, it passed an “everything but marriage” bill. Full marriage rights began speeding toward approval last month, when Ms. Gregoire, a Democrat, announced that she would support the bill to make same-sex marriage legal.
The governor had previously said that she did not believe the state was ready for same-sex marriage and that churches should play a decisive role on the issue. Ms. Gregoire’s marriage bill, modeled after one approved by New York last June, allows churches and religious groups to choose not to perform same-sex marriages and to deny same-sex couples access to their facilities for marriage services
- Last Post by: djorge44 on 02/10/2012 @ 11:38 AM
Loan Modification Software with free bonus leads. Click below.
http://www.directcapitalsoftware.com/
- Last Post by: Tools_Pros2000 on 02/10/2012 @ 11:37 AM
Click below
http://www.securitizationauditsoftware.com/
- Last Post by: Tools_Pros2000 on 02/10/2012 @ 11:33 AM
<font color="red"><i><b><center><font size="4">Often <font color="black">Imitated</font id="black"> - Never <font color="black">Duplicated</font id="black"></font id="size4"></center></b></i></font id="red">
<center><font size="3">WE MINE & SELL OUR OWN DATA - WE ARE NOT DATA RESELLERS…</font id="size3"></center>
<b><center><font size="3">[url="http://www.realestatedatalyst.net/indexbo.html"]Real Estate Datalyst.com[/url]</font id="size3"></center></b><hr noshade size="1">
<center><b>Purchase <u>Real Estate Agent</u> databases SPECIFICALLY designed for E-Mail Marketing.</b></center>
<center><b>[url="http://www.realestatedatalyst.net/readatabo.html"]<font color="green">CLICK HERE</font id="green"> to view all PRICING and REA Database details[/url]</b></center>
We have the cleanest, most affordable and up to date <b>Real Estate Agent</b> <b><u>E-Mail Address Data</u></b>. Our databases are specifically designed for E-Mail Marketing and we ARE NOT a reseller like 99% of data vendors out there.
We <font color="red"><b><i>GUARANTEE</i></b></font id="red"> that our databases contain:
<u><font color="red"><i><b>NO DUPLICATE DATA</b></i></font id="red"></u> and <font color="red"><u><i><b>NO BAD SYNTAX DATA</b></i></u></font id="red">
We also have a <u><b>95% Hard Bounce Free <font color="red">Guarantee</font id="red"></b></u> as well.
<b>Our data is simply priced by quantity:</b>
Less than 5,000 contacts = <font color="green"><b>$79</b></font id="green">
5,000 - 20,000 contacts = <font color="green"><b>$149</b></font id="green">
20,001 - 65,000 contacts - <font color="green"><b>$229</b></font id="green">
Greater than 65,000 = <font color="green"><b>$299 & above</b></font id="green">
OUR <font color="red"><b>GUARANTEE</b></font id="red">: Any HARD BOUNCES (code 550 - e-mail address does not exist) above 5% and you will receive a prorated refund for ANY bad address!
<font color="red"><i><b>WE ARE THAT CONFIDENT ABOUT OUR DATA INTEGRITY.</b></i></font id="red">
Anything under 20% and we will process your refund with absolutely
<i><b>NO QUESTIONS ASKED!</b></i>
<hr noshade size="1">
<center><b>Send e-mail campaigns to the Real Estate Agents in your state or <u>ANYWHERE</u> you are licensed. </b></center>
What you typically need:
1. <u><b>A Website</b></u> – This is where you send your REA’s to so they can learn more about you and what you can do in today’s market. This is where more than 90% of your recipients will contact you from. The e-mail messages alone are not enough. The site doesn’t have to be extravagant, but it should be clean and professional. If you already have a website, then make a “landing page” specifically for your REA marketing where you will send folks who click your links.
2. <u><b>Two Website Domains</b></u> – The first is where you host your website and the second is the “marketing” domain you use in all your marketing materials and your “reply to” e-mail address domain. Just “mask forward” the marketing domain to your website domain. For example, if your website domain is BestCABroker.com, then use BestCABroker.net for your marketing domain. The “mask” ensures that the marketing domain will stay in the browser and no one from your marketing will know about the .com address, thus protecting your main website domain from any possible complaints that may, though very rarely, happen. Simple protection for about $20 or less - per year.
3. <u><b>Highly TARGETED E-Mail Addresses</b></u> – This is the easy part because we have them for every state. They are highly targeted so if you are using a database for CA, you won’t be sending to someone in FL. Our data is guaranteed, affordable and we are the source of the data. We are not a reseller of someone else’s junk and we hold ourselves accountable for the integrity of our data. See our data pages:
www.RealEstateDatalyst.com/readatabo.html
www.RealEstateDatalyst.net/mblodatabo.html
4. <u><b>A <i><u>ROBUST</u></i> E-Mail Program</b></u> – Another easy part because we have hosted e-mail accounts from our servers that can be rented by the month without any contracts for sending bulk unsolicited mail. “Hosted” means you have nothing to download or install on your computer. The software environment is managed (hosted) on our servers and all you need to do to access your account is simply login with your username and password. Unlike Constant Contact and the many, many others who require your campaigns to be solicited or “opt in”, we actually specialize in unsolicited e-mail and in virtually any volume level you need form 10,000 - 10,000,000 per month. With our system any “spam button complaints” come directly to us so they do not give you any problems. See our e-mail page:
www.RealEstateDatalyst.com/bulkmailbo.html
5. <u><b>An E-Mail Message</b></u> – You can use any message you already have or you can create a new one with our program. If you already have a template you like, you can simply copy and paste the HTML code into our system and load up your graphics onto our server (or keep the graphics on yours – whichever YOU choose). We will be happy to help you get started in any way possible and can answer any question you may have not only with our system, but also about e-mail marketing, spam filters, subject lines, coding “click through” links, hosting graphics, segmenting contact lists – and anything you ever wanted to know about e-mail marketing, but was afraid to ask. We have been doing this for years so we understand what happens when a message is routed through the myriad of servers from ours to your REA’s desktop.
Though, we have customers that use our system and our data for a great many things – our biggest customer base is LO’s who solicit REA’s for their loan business.
Send an e-mail twice per week to all the REA's in your state because the more the better - VOLUME and REPETITION are the keys! If your state has 25,000 e-mail contacts then send to that list twice per week (50,000 per week) for a monthly total of 200,000 messages for ONLY $449 per month. Your e-mail has all your information and links that go directly to an exact page on your website that you want them to see.
<b><i>Here is what my customers say over and over </i></b>- Play the numbers right and you may get a dozen or so serious phone calls a month (among the others). Cherry pick just 1 or 2 solid business relationships per month for about a year. You get about 1 deal per quarter per REA. If your commission per deal is only $2K that could be 40 - 80 EXTRA deals per year (on the low side) for $80K - $160K per year just from your REA connections. The math works every time...
<font size="3"><i><b><center>Contact me to get started</center></b></i></font id="size3">
- Last Post by: datalyst on 02/10/2012 @ 11:33 AM
<font color="red"><i><b><center><font size="4">Often <font color="black">Imitated</font id="black"> - Never<font color="black"> Duplicated</font id="black"></font id="size4"></center></b></i></font id="red">
<center><font size="3">WE MINE & SELL OUR OWN DATA - WE ARE NOT DATA RESELLERS…</font id="size3"></center>
<b><center><font size="3">[url="http://www.realestatedatalyst.net/indexbo.html"]Real Estate Datalyst.com[/url]</font id="size3"></center></b><hr noshade size="1">
<font size="5"><center><b>B2B Bulk E-mail Campaigns</b></center></font id="size5"><b><center><font size="3">[url="http://www.realestatedatalyst.net/bulkmailbo.html"]CLICK HERE to Send an E-Mail Campaign - Datalyst[/url]</font id="size3"></center></b>
<font size="4"><center><b>We ARE different from the rest</b></center></font id="size4">
<font size="3"><b></b></font id="size3">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.
<font size="3"><b></b></font id="size3"><center>Also, our complete infrastructure is ONSHORE ONLY - we thought you might like that.</center><hr noshade size="1">
<center><font size="3"><i><b><font color="red">HERE'S HOW IT'S DONE</font id="red"></b></i></font id="size3"></center>
<font size="2"><b>E-mail marketing</b></font id="size2"> 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 LO's the same week regardless of some "exclusive" offer, depending on how much you trust the particular provider.
<font size="3"><center>Or you can
<i><b><u><font color="red">GENERATE</font id="red"> your own <font color="red">PRIVATE</font id="red"> leads</u></b></i>
by doing the marketing yourself</center></font id="size3">
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 <b>SELL</b> the rest (usually paying for their marketing costs by selling the "unwanted leads").
<font color="red"><b>This works for all lead types</b></font id="red">: 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 can't be shy or afraid about what others may think. It is just business - make a plan and work it.
<hr noshade size="1">
<b><font color="blue">Every day we send:</font id="blue"></b>
<u><b>Plain Text </b></u>- with 40 character hard carriage return format. The choice of serious plain text marketers…You know who you are!
<u><b>Text HTML </b></u>- 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!
<u><b>Graphic HTML </b></u>- Nothing grabs a reader's 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.
<u><font color="blue"><b>Our current customers are having <i><font color="green">success</font id="green"></i> with</b></font id="blue"></u>:
<b>Building REA relationships</b>
<b>Creating their own exclusive leads</b>
Loans
Loan Mod
Credit Repair
Short Sales
<b>Recruiting LO's</b>
<b>Direct download/view website sales</b>
Subscription websites
Loan rate guides
E-books
Powerpoint, video and other LO training materials
Industry related spreadsheet & database programs
<b><u>Our Campaign setup</u></b>:
1. <font color="blue"><b>Choose a database to send to </b></font id="blue">- 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. <font color="blue"><b>Choose how many messages you want to send </b></font id="blue">- 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. <font color="blue"><b>Message review </b></font id="blue">- We will completely review your ad for various reasons such as checking for good grammar, spelling, syntax, tone and it's 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. <font color="blue"><b>Your review and approval </b></font id="blue">- 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. <font color="blue"><b>Make your campaign purchase</b></font id="blue">- 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.
<font color="blue"><b>Target the prospects you really want </b></font id="blue">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. <i>Everybody has their own strategies and methods</i>.
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.
<u><b>Our Campaign Must Haves</b></u>:
1. <font color="blue"><b>Your subject line </b></font id="blue">- 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 don't like those.
2. <font color="blue"><b>A first & last name </b></font id="blue">- This will be shown on the "from" line. It should be the sender's real name (though we won't tell if it isn't). Avoid strange names as spam filters don't like those either.
3. <font color="blue"><b>A valid "reply to" e-mail address </b></font id="blue">- 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 don't like responding to non professional free domain addresses like gmail, hotmail, yahoo, etc. Put your best foot forward.
4. <font color="blue"><b>Your complete message </b></font id="blue">- Include a one line title, if you like, in bold to get your reader's attention. Tell them who you are so don't 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, don't 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 don't be afraid to try something - swing for the fences!
<i><font color="blue"><b>Remember, we do not charge extra </b></font id="blue"></i>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.
<font size="4"><center><b><u>Protection for YOU and YOUR Business Domains</u></b></center></font id="size4">
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" IP's 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 don’t 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.
<font size="3"><i><b><center>Contact me to get started</center></b></i></font id="size3">
- Last Post by: datalyst on 02/10/2012 @ 11:33 AM
<font color="red"><i><b><center><font size="4">Often <font color="black">Imitated</font id="black"> - Never<font color="black"> Duplicated</font id="black"></font id="size4"></center></b></i></font id="red">
<center><font size="3">WE MINE & SELL OUR OWN DATA - WE ARE NOT DATA RESELLERS…</font id="size3"></center>
<b><center><font size="3">[url="http://www.realestatedatalyst.net/indexbo.html"]Real Estate Datalyst.com[/url]</font id="size3"></center></b><hr noshade size="1">
<font size="4"><center><b><font color="red">95% </font id="red"><font color="black">E-Mail Address Hard Bounce Free</font id="black"> <font color="red">Guarantee</font id="red"></b></center></font id="size4">
<b><center>We are the <i><font color="black"><u>ONLY</u></font id="black"></i> business that will do <i><font color="black"><u>ALL THREE</u></font id="black"></i> services for you:</center></b>
<b>1.</b> Sell <i><b>e-mail address verified </b></u>contact databases
<b>2.</b> Send your UNSOLICITED e-mail campaigns
<b>3.</b> Data mine websites for you
<center>We are the <b>ONLY</b> service who advertises <b>SUPERIOR E-MAIL ADDRESS QUALITY</b> because…
We are the <b>ONLY</b> service that actually uses our own databases <b>EVERYDAY</b> </center>
<center><b>You <u><font color="red">DESERVE BETTER</font id="red"></u> than resellers – You <u><font color="red">DESERVE REAL DATA</font id="red"></u> from the source</b></center>
<b><center><font size="3">[url="http://www.realestatedatalyst.net"]Real Estate Datalyst.com[/url]</font id="size3"></center></b>
<hr noshade size="1"><font color="red"><font size="5"><center><b><u>YOU WILL ONLY FIND IT WITH DATALYST!</u></b></center></font id="size5"></font id="red">
<center><font size="5"><b>NATIONAL
MORTGAGE BROKER &
LOAN ORIGINATOR DATABASE</b></font id="size5"></center>
<center><font size="5"><font color="red"><b><u>COMPLETE JAN 2012 EDITION</u></b></font id="red"></font id="size5"></center><font size="5">
<b><center><font color="red">228,936</font id="red"> <u>Active</u> E-Mail Addresses</center></b></font id="size5">
<font size="3"><b><center><font color="green">Only $579 </font id="green"></center></b></font id="size3">
<b><center><font size="3">[url="http://www.realestatedatalyst.net/mblodatabo.html"]<font color="red">CLICK HERE</font id="red"> to Get your MB-LO Database - Datalyst[/url]</font id="size3"></center></b>
<font size="4"><u><b><center>Hard Bounce Scrubbed and Verified</i></center></b></u></font id="size4">
<center><i><b>National Mortgage Broker & Loan Originator Database</b></i>
228,936 Active E-Mail Addresses</center>
Our <i><b>National MB/LO Database</b></i> is the most comprehensive, accurate and efficient internet marketing compilation specifically designed for E-Mail Campaigns. BUY with CONFIDENCE.
Create business relationships in your own backyard or across state lines. Generate your own leads for purchase loans and refi’s. Create interest in the buying, selling & trading of lead data for all primary & secondary products/services including Credit Repair, Debt Settlement, Loan Mod, Mortgage Note Brokering and much, much more!
<b>DIRECTLY Recruit new candidates & seasoned professionals</b> into your organization and <b>DIRECTLY Market your services such as Lead supplier</b>, Title, LO training, Notary, Net Branch Recruiting, Processing, Back-end service processing, SEO services, Website building and this list could go on and on.
Why are we so confident in our data? Our marketing CLIENTS get DAILY results from using our TRUSTED data. We are so confident in our data it has three levels of GUARANTEES!
NO duplicates - NO bad syntax addresses - FEWER than 5% Hard Bounces - SECURED by our <font color="red"><b>Money Back Guarantee</b></font id="red">!
You may have seen similar looking offers around the net for just such a marketing database.
Why is <b>OUR DATA</b> different and why is it the source <b>YOU</b> should use?
A <font color="blue"><i><b>Datalyst</b></i></font id="blue"> database is different because we are the data mining source of the information.
We are not a reseller or an affiliate reseller of someone else’s old, unfiltered and unreliable data.
We are the source – the <font color="red"><b>GUARANTEED</b></font id="red"> source.
We always offer our “<font color="red"><u><b>95% E-Mail Address Hard Bounce Free Guarantee</b>[/u]</font id="red">” on all of our data.
<font size="4"><b><center>YOU WILL NOT FIND A BETTER E-MAIL DATABASE ANYWHERE</center></b></font id="size4">
<font size="3"><i><b><center>Contact me to get started</center></b></i></font id="size3">
- Last Post by: datalyst on 02/10/2012 @ 11:33 AM
<hr noshade size="1"><center><b><font size="3">The <font color="green"><i>Smart Phone</i></font id="green"> Business Card</font id="size3"></b> <b>and <u>So</u> <u>Much</u> <u>More</u></b></center>
<center>for <u><i>Mortgage Brokers</i></u> & <u><i>Loan Originators</i></u>...</center><hr noshade size="1">
<i><center>Do you think anyone still carries your "physical" business cards anymore?
So, why do you even give them out?</center></i>
<i><center>90% of your referral partners can't live without their smart phone.</center><b><font color="red"><center>So, how do you get <u>YOUR</u> business card - on <u>THEIR</u> phone?</center></font id="red"></b></i>
[url="http://www.lophoneapp.com"]<center>CLICK HERE & Find out How - LO Phone App.com</center>[/url]
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- Last Post by: datalyst on 02/10/2012 @ 11:32 AM
Chicago
Bridge Loan
Loan Amount: $1,500,000
LTV on completed 21%
More Info Available
- Last Post by: lenderfella on 02/10/2012 @ 11:27 AM
My name is Tony Brazell with buyer home site if you are a loan officer looking to increase your purchase business feel free to contact me in regards to buyers we have looking to purchase in most counties in the US we have high conversion rates (depending on the counties). If you would like further information please email me or contact me my information ins listed below.We deal with conventional, rent, and some commercial properties
Tony Brazell
Site Manager
tbrazell@buyerhomesite.com
D: (571) 512-7012 F: (571) 512-7001
- Last Post by: datalyst on 02/10/2012 @ 11:25 AM
Any lender offering the USDA streamline program?
http://www.rurdev.usda.gov/SupportDocuments/an4615.pdf has the details (may have to copy & paste), but essentially it's a no-income, no-credit, no-appraisal refinance for existing USDA Direct & Guaranteed loans, only for people in Alabama, Arizona, California, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Mississippi, Nevada, New Jersey, New Mexico, North Carolina, Ohio, Oregon, Rhode Island, South Carolina, and Tennessee.
I have a client in Kentucky who is looking into refinancing out of his 6.5% USDA Guaranteed loan into current USDA rates, but is upside down and doesn't have cash to bring in. Loan is with BofA, they didn't know what he was referring to when he called them. Anyone approved with Chase and know if they've said anything about it?
- Last Post by: allen on 02/10/2012 @ 11:20 AM
Has anyone used a good CRM system that they can recommend? I have 3-4 software/systems in mind but. It sure which one to go with. Any feedback would be greatly appreciated
Thanks
- Last Post by: lenderfella on 02/10/2012 @ 11:10 AM
Does anyone know an investor that is doing over 105LTV Fannie DU refi plus/HARP when the borrower has MI. I spoke to the MI company they are willing to transfer it but now I need to find an investor that will do it. From what I understand if we sold straight to Fannie or Freddy we would be ok but most investors have an overlays. The only place that I found was Chase but they have a 95%LTV max, and most others require that they currently service the loan..
- Last Post by: william3243 on 02/10/2012 @ 10:49 AM
Brigitte Gabrials is a Lebanese Christian that speaks about the danger of Islam
"political correctness needs to be thrown into the garbage and call a spade a spade"
Great speech!
http://tinyurl.com/7aysqr9
- Last Post by: george-1st on 02/10/2012 @ 09:45 AM
I have approve/eligible findings on a du refi plus deal with a fico under 620 - which lenders will accept this? Plaza by any chance?
- Last Post by: jakeh@loanpacific.com on 02/10/2012 @ 08:59 AM
Borrower has a 4-plex free and clear (that they paid cash for in 2010) and is looking to buy a $80,000 rental home. They show no rental income on their tax returns in 2010 or 11. and income reported is very low as the borrower is self employed. Looking for stated income portfolio loan. Here is the secnario.
748 Mid Fico
Duplex value = $125,000
Investment SFR = $80,000
Total property value = $205,000
Proposed cross collateralization loan amount = $85,000 which gives a overall LTV of 41%.
Current gross rents from 4-Plex = $2,600 per month. $1,950 after a 25% maintenance and vacancy ratio.
SFR investment purchase rental gross = $900 per month. $675 after MVR.
Total rental income = $2,625.
Both properties are located in NV.
- Last Post by: fast8816 on 02/10/2012 @ 08:49 AM
Our top producer closed 115M in 2011, 603 loans. Waiting to see if he gets a spot in the Scottsman Guide. He was in the top 20 last year. Two processors and one assistant. And himself.
- Last Post by: eh6794 on 02/10/2012 @ 08:39 AM
Driving home tonight, I had a realy strange experience.
Around here, it's not strange to have mule deer, turkeys, fox, elk and other wildlife in the road in front of your car.
Every time I drive home from work whole coming down Carrizo Canyon, I hit a blind curve. I always slow down to 35 mph for this curve because it is very tight. Something told me tonight, almost like a clear voice from within, to back it WAYYYY DOWN. I took the turn doing about 10 MPH.
Lo and behold, on the other side of the blind curve, I found myself in a herd of elk. Not just approaching it, but smack in the middle of it.
How I didn't hit an elk while ending up in the middle of their herd, I don't know. They were all around me.
If you have never seen an elk, they are the size of draft horses. I was in my little Ford Fiesta. As I was stopped in the middle of the herd a, they crossed the road. A very large cow looked down at me through my windshield. She was so close her nostrils left fog on my windshield as she seemed to snort while making eye contact. I had to crane my neck up to look at her tower over my tiny car front end.
It seemed like an eternity for the elk to clear off the road. In reality, maybe 20 seconds, maybe 30 seconds passed.
But, what got me is, 'Why did I slow down?'.
Normally I take this corner at 30 mph, no questions asked.
Has anyone else ever experienced something like this? I don't want to call it ESP, but it was so clear to me from the voice within my head that I needed to slow down. I had to slow down. Thank God I listened.
And please, no jokes about me hearing voices. It's too easy. You can do better.
- Last Post by: Hopland on 02/10/2012 @ 08:26 AM
Which lender will accept this appraisal transfer?
I have a conforming deal - investment/ cashout/ 2 family - Massachusetts - loan amount $125K. Appraisal was performed a month ago, ordered through our AMC. 790 FICO, great income - he needs to close quickly, approx 15 days. Who can do this, but using the current appraisal, he doesn't want to pay for another one. He's a friend of mine - my company is slammed and I don't think we can get him done in this short time frame. I have all income docs ready to get the ball rolling.
- Last Post by: gcapozzoli on 02/10/2012 @ 07:42 AM
... and the recovery continues.
- - -
FINS (02/08/2012) Julie Steinberg
The U.S. Bureau of Labor Statistics estimates that the accounting profession will grow by 22% between 2008 and 2018, with as many as 500,000 jobs opening up. In a recent survey of finance professionals conducted by staffing firm Accounting Principals, half of all respondents indicated they expect their company to hire in 2012. Of the accountants surveyed, 74% said they are confident their firms will win new business this year, which would lead to more work and jobs.
Increased corporate revenue and profits are among the reasons for the positive trend. "More results means more transactions, more transactions means more accountants to oversee them," says Brett Good, senior district president with Robert Half. Also, regulatory changes such as the Dodd-Frank financial reform regulation have resulted in a demand for accountants to verify transactions, notes Brendan Courtney, president of Mergis Group, a Florida-based recruiting firm.
- Last Post by: datalyst on 02/10/2012 @ 07:36 AM
Thoughts?
Is this the plan thats supposed to treat regular non-govt loans like FHA Streamlines?
http://money.cnn.com/2012/02/09/news/economy/mortgage_settlement/index.htm?hpt=hp_t2
- Last Post by: gcapozzoli on 02/10/2012 @ 07:36 AM
Ltvs from 50% to 65%<u><b>Florida Subprime and Commercial Hard Money.</b></u>
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- Last Post by: PRIVATECAPITALL on 02/10/2012 @ 07:17 AM
<u><b>Floridas No 1 Commercial Loan Programs.</b></u>
When you need to get a commercial mortgage in florida call us today.
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Refinances and Purchases.
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- Last Post by: PRIVATECAPITALL on 02/10/2012 @ 07:14 AM
Anyone else watch the Duke vs UNC game last night? I'm a big UNC fan and can't believe how it ended! Great game despite Duke pulling off a literal last second victory.
- Last Post by: kevinh on 02/10/2012 @ 07:12 AM
http://mittromneycentral.com/
Donate $5 and you are automatically entered into a contest to spend the day with Mitt.
I guess it's legal because you don't have to donate to win. But it is kind of pathetic. lol
- Last Post by: kevinh on 02/10/2012 @ 07:11 AM
wells Fargo seems to have several overlays on conv rate & term refinances, want accept du refi plus findings and app waiver if file back ratio is over < 43% or <45 and on 45 mandates an app also. So they make their own rules regardless of findings apparently.
Also conv rate & term limited cash out same rules but must get special exception from wells for loan. My question is why do brokers use them on these products if rates are middle of the road and service u/w 7days currently , and so many little caveats just to do business. when you could use 360 mtg no overlays and go straight to Fannie with better rates. Who do you recommend on these type of loans ? score 799 / ratio 47% / ltv 77%, assets 125k , full doc , 12yr job , Any input is appreciated
5
- Last Post by: Ens. Pulver on 02/10/2012 @ 07:05 AM
... and the recovery continues.
- - -
Wall Street Journal (02/09/12) Jeff Bater
U.S. jobless claims fell by 15,000 to a seasonally adjusted 358,000 in the week ended Feb. 4, the U.S. Department of Labor reported Thursday. The unexpected decrease that gave further indication the jobs market is improving. The previous week's figures were revised up, to 373,000 from 367,000. Economists surveyed by Dow Jones Newswires had expected claims to climb by 3,000 to 370,000. The four-week moving average of new jobless claims decreased by 11,000 to 366,250, coming in at its lowest number since April 2008.
- Last Post by: kevinh on 02/10/2012 @ 05:17 AM
Since 2007 we have all lived through the near collapse of the financial markets. 2011 saw a very slow return of debt and equity capital and the uptrend cautiously positive for 2012 FOR DEALS THAT MAKE ABSOLUTE SENSE.
In very general terms, do not expect commercial and bank lenders return to 85% or greater LTVs on any type of deal whether it be new construction, purchase financing or re-financing.
Today's paradigm: 55%-70% Loan to Cost on new developments excluding residential units/houses for sale unless the product is designated "affordable for community benefit" or multi-family units for rent; 65%-75% LTV on purchase/refis. Caveat being that the lender will insist on ordering their own MAI appraisal and possibly a feasibility study and the resulting value on whih loan ratios will be based may not meet client's equity ability.
Refis still present an enormous challenge because the enormous decline in property and land values, anywhere from 20% - 45% in the past four years, means that the refi balance is marginally below today's value at best or in most cases 10% - 25% ABOVE today's value.
This is especially true in the hotel and retail strip sector. Most new hotels and retail strip builts over the past 5-years with 3-4 year construction-to-mini-perms are in BIG trouble... they HAVE to refinance and the MAI Appraisals are coming in with values that are equal to or even less than the construction to build = NO EQUITY MARGIN!
Retail centers are faced with a "double whammy" because today, tenants are forcing rent re-sets to meet current lower rates per sq.ft and many retail chains are closing marginally profitable stores in order to remain viable as they re-structure operations.
However, in general the hotel sector in the USA, and in most major global centrers, has seen a progressive turnaround for the better over the past 18-months. Based on November 2011 data released by Smith Travel research, average room rate in the U.S. is just over $100 (up 6% from a year ago); Average occupancy pegging close to 68% and average revenue per available room is close to $70. A strong hotel project or a performing hotel should be able to attract lender support.
Small balance commercial loans, with or without real estate collateral, have become the almost exclusive domain of SBA and USDA Guaranteed Lenders. However, borrowers are required to undergo a fairly "intrusive" prequalification process and, if the subject business lacks any any significant real estate collateral then the borrower must be prepared to provide their primary home or other acceptable and owned RE as collateral.
Funding opportunities FOR THE RIGHT QUALITY OF DEAL are to be found through commercial lenders who are backed by private investment capital and from those sources that are tied into Hedge Funds. On that note, the client will need 30%-35% in direct capital participation and land that is already owned will be heavily discounted for lender valuation purposes and maybe 10%-20% of that discounted value will be allowed as an offset to the client's cash down contribution.
Numerous clients who are unable to meet the increased % cash-to-table guidelines may be candidate for non-traditional/alternative methods of financing if they are unable to secure equity investors to cover the "gap". Some clients are now raising additional equity via a loan secured by their stock portfolios. Those loans can be for as a short a period as 60-days or 1-2 years at rates of between 5.75% and 8.50%.
The past 2-years has seen an increase in the number of complex high leverage funding offers tied to some type of Bank Guarantee or SBLC. TREAD CAREFULLY! I can tell you from experience that many of these "Up to 100%" funding programs are based on sheer fantasy which wind up causing grief to the client and to referring brokers and consultants.
Certain types of new development projects may qualify for Tax Exempt or Taxable Bond Financing which can cover up to 95% of project cost. Additional information is provided in my Announcement headed "Developer and A & D Financing".
As far as the more conventional commercial loan sources are concerned, only the best "quality" deals will be approved and commercial brokers would do well to take time to really evaluate the opportunities they are presented with BEFORE submitting to a lender. Do not provide your client, whether seeking to finance a purchase, obtain a refi or secure a commercial construction loan with an unrealistic "opinion" with regard to % LTV or % LTC... rates or points until you know the FACTS.
Today, "He who has the gold REALLY DOES R-U-L-E" as never before. Also, many clients still believe that an existing appraisal conducted in 2010 or early 2011 will be accepted by a lender. WRONG! Most lenders want a current MAI Certified appraisal and, at best, MAY agree to having a 3-month old appraisal re-certified by the originating appraiser IF that Company is on their approved list.
In most metro markets, values established prior to 2007 will have fallen by between 20%-40%. Commercial income producing properties (office and retail) are mostly reflecting 10%-25% vacancy factors which of course means that ability to achieve the debt to income ratios required by lenders is impacted.
"I am looking for a non-recourse loan!" Forget it. 99% of commercial lenders will be requiring personal guarantors on their loans.
"I want bank terms on my loan!" Forget it. Educate your client about today's realities which means Prime plus 3+ on EXCELLENT deals and 2+ lender points.
"I won't pay any front fees!" Forget it. 99% of commercial lenders will require a "commitment fee" of between 0.15% and 0.35% payable when the client accepts the LOI. In addition, most lenders will insist on a physical visit to the project site or the property at client's cost.
"I need 90% LTV!" Forget it. 60% - 70% LTV is the new reality. On construction-to-mini perms think in terms of 60%-70% of cost. Maybe the possibility of a 5% "equity / mez" kicker which will cost the client around 18% + 4-5 Pts. Maybe the project would qualify for 95% Bond Financing...maybe!
Success in commercial lending can be boiled down to three essential components: 1)A viable client; 2) A viable project or collateral; 3)As a broker/lo you need to have "control" over your client.
VIABLE CLIENT: In today's environment your client's personal credit history and ***et strength are vitally important. While a sub 600 mid FICO is not necessarily a major problem, a lack of cash liquidity and reserves is a deal killer. In most cases, commercial lenders will be limiting their exposure to somewhere between 60% and 65% of project cost (if new construction or a development)and up to 70% LTV if a purchase or a refi.
VIABLE PROJECT/COLLATERAL: In the present economy ALL new "ground-up" projects whether a residential subdivision/master planned community, mixed use, commercial, retail, hospitality or resorts will be subject to intensive due diligence and investment managers will be looking for a very solid Exit Strategy that is based on REALITY.
The prospects for lender support for sub-division and master planned community projects in 2012 will remain bleak until such time as the stringent home buyer mortgage lending guidelines are relaxed and certainly until consumers can regain sure-footed confidence that their jobs/incomes are not at immediate risk. In addition, most markets have an over-supply of homes that need to be absorbed in order to represent no more than a 90-day inventory. An exception may be made for truly AFFORDABLE HOUSING where a rapid sales absorbtion can be INDEPENDENTLY confirmed.
Once considered a "prime" sector... Active Senior LifeStyle Communities (other than Assisted Living and Long Term Care Facilities). The demand potential is there but a growing number of folks are unable to participate because they are unable to sell their present homes or are reconsidering their finances in the wake of major losses in the value of their stocks or 401K investments.
A number of higher end Retirement Communities and Assisted Living Facilities are now offering to assist prospective residents in an effort to sell their existing home. Those efforts range from providing money to enhance the appeal of the house or even buying the homde from their new resident and then renting it out until they can find a buyer.
Multi-family projects in certain markets (new development, purchase or refi of existing property) are evidencing strength given the fact that many victims of foreclosure will be seeking rental accommodation... in addition, to those folks who, 18+ months ago, would have been candidate for a sub-prime mortgage, are now resigning themselves to continue as renters unless they can qualify for a FHA, VA, USDA or State Community Housing Finance Program.
ENERGY related projects that make sense are also of interest provided that the fundamentals are solid and not based on "wishful thinking". In addition, clients need to understand that projects requiring DEBT financing must be backed by at least 25%-30% cash invested by client. Bond Financing at up to 95% of project cost could be an option here if the project meets stringent guidelines.
CONTROL OVER YOUR CLIENT: Without securing a commited relationship with your client your chances of achieving a successfully closed loan are dramatically reduced. YOU are the professional and you must be able to inspire and convince your client that YOU can secure their financing... ***uming of course that the client and their project is viable.
You need to secure a FEE AGREEMENT with your client BEFORE you start the search for funding. Your Fee needs to be reasonable because you will be seeking cooperation from the lender/investor in making your Fee Agreement a part of closing conditions. Believe me, if the lender is charging 1 - 3 Points you will NOT be able to charge your client 3, 4, or 5+ Pts and expect the lender to go along with that arrangement. In many cases you will need to accept 0.25% - 1.25%.
If your most appropriate source of financing is an Investment Bank, a Hedge Funder or a Hard Money Lender you will need to EDUCATE your client with regard to the need for them to pay DUE DILIGENCE fees to the investor.
Normal course of events is that if the investor expresses interest in the opportunity a conference call with the client will go in depth on the project. The investor may well be prepared to issue a provisional Term Sheet and a conditional L o I following that conference call. The L o I is 48-hours time-sensitive and requires that the client sign and return along with wiring their Due Diligence Fee.
Those Due Diligence fees cover the investor's costs for appraisal (or appraisal review), environmental and geologic reports, Title research, and in most cases travel costs because the investor will want to physically "kick the tires" and meet the client.
Due Diligence fees are NOT refundable to client if the investor declines the loan as a result of negative discoveries. In some cases the deal may be "saved" if the client agrees to changed loan terms.
HARD MONEY APPRAISED VALUES: While HMLs will advertise lending "Up to 70% LTV" it is absolutely essential that you explain to your client that does NOT mean actual appraised fair market value! The appraisal will be "adjusted" by the HML underwriter to a price that the lender believes a buyer could be found within 90-120 days if the loan goes into foreclosure.
The HML will then base their loan on a percentage of that REDUCED value. Example: Property appraises at $1-million. "90-120 day" sales price 20% LESS = $800,000. 65% LTV = loan amount of $520,000.
I am available to review your deals and I will give you some insights as to which of our investors would have interest. If the client and the deal make sense, we will likely be able to refer you to a source that can get it done!
If you have questions or want to discuss a possible deal please email me directly at coopercash@earthlink.net PLEASE DO NOT POST QUESTIONS HERE AND PLEASE DO NOT "PIGGY BACK" THIS ANNOUNCEMENT WITH YOUR OWN PROMOTIONAL INFO! If you have a Program you want to communicate to B/O Members please make the effort to post your own Announcement.
- Last Post by: coopercash on 02/10/2012 @ 03:36 AM
Aside from the contraction in asset based commercial lending, the problems facing entrepreneurs and business owners seeking to raise capital are further compounded in many cases by a lack of underlaying real estate collateral.
More than few business owners go out on a search for equity investors or venture capital and that can be a very lengthy and frustrating challenge if they lack professional contacts or the creativity to look for the "golden needle in the haystack".
We have direct access to three sources of financing willing to addresses the needs of advanced stage R&D businesses that are literally at the point of commercializing their "widget" and who have a promising order book; similarly, for businesses that are 2-3 years into revenue producing profit but expansion requires some significant capital expenditure; maybe it's an opportunity for an experienced management team to acquire the business they are currently working for. The starting point is a market and a business plan that makes absolute and undeniable sense.
Businesses in the above categories who require at least $2-million or more are primary candidates. Financing may be structured as debt or debt/equity.
We do NOT have any sources of financing for "napkin-stage" ideas which require feasability funding. That is the "turf" of Angel Investors...folks with the ability to invest anywhere from $150,000 up to maybe $2-million in anticipation that their gamble will return a major profit.
Other Programs offering potential solutions include Purchase Order Financing and Invoice Factoring and commercial lease financing for capital equipment.
What about a financing for a franchise business opportunity? Yes, but ONLY if the franchisor is acceptable and the operating owner/franchisee can demonstrate adequate financial and credit strength. First step would be to consider a SBA Loan.
If you have a client seeking business-only financing please email me a BRIEF Executive Summary of not more than 6-pages at: coopercash@earthlink.net PLEASE DO NOT POST "WHAT IFS" OR SCENARIOS HERE BECAUSE THEY WILL NOT BE RESPONDED TO.
- Last Post by: coopercash on 02/10/2012 @ 03:34 AM
TRUE STATED income program in CA ONLY, purchase or rate and term OK, o/o, 2nd home and NOO OK, rates good, all fees paid through closing, NO upfront fees, NO 4506, can be SE or W2, email me for more details, THIS is PRIVATE BANK, Clients do NOT have to open account or transfer any money to PRIVATE bank, THX
VONEPSLOANS@AOL.COM
- Last Post by: BlackonBlackMaybac on 02/10/2012 @ 02:30 AM
Anybody doing these 55% ltv. California rental cash flows. Good credit
Thanks
- Last Post by: evoneps on 02/10/2012 @ 12:11 AM
Anyone know who has the best interest only high balance 5 year ARM pricing?
I usually use ING and UBOC but am looking for anyone with better or the same pricing. ANy help is much appreciated.
- Last Post by: evoneps on 02/10/2012 @ 12:10 AM
Question- Where do Listing Agents file complaints about Selling Agents?
Your responses are greatly appreciated.
Thank you.
Benny
- Last Post by: bensilly64 on 02/09/2012 @ 11:00 PM
NC loan. 224k purchase. 212k loan amount. 95 ltv. 626 mid score. EA 1 findings. WIll any MI company touch this?
- Last Post by: nutesch on 02/09/2012 @ 9:35 PM
hi all
have a client that is retaining a home and buying a new one while the other one waits to sell, so they need some down payment help.
they have a 300k portfolio that we need to get a loan on for the down, about 55%.
thanks in advance
- Last Post by: MCFS on 02/09/2012 @ 9:34 PM
Investment or rental
$723,524
4br/3ba
LTV = 63%
More info available
- Last Post by: Equitybased on 02/09/2012 @ 9:28 PM
I'm considering hopping back in but don't want to hassle with licensing & have no need for a base salary or leads either
- Last Post by: rwynyc on 02/09/2012 @ 8:38 PM
http://abcnews.go.com/blogs/politics/2012/02/changing-positions-obama-campaign-will-push-support-for-democratic-super-pac-2/
A few months earlier an Obama spokesman stated that he and other dmes would not participate or fund raise for Super Pacs.
Didn't take long for that to change huh. But I am sure since it is Obama he will get a pass from our lefties here. Or is this Bush's fault??
- Last Post by: CoolMtgGuy on 02/09/2012 @ 8:14 PM
Who is doing these right now?
thanks
- Last Post by: pro_finance on 02/09/2012 @ 7:41 PM
looking for hard monet lender in boston...Ralph 508-510-6264..single family...
- Last Post by: RCORGAIN on 02/09/2012 @ 6:39 PM
Can anyone confirm that you can have a foreclosure or a bankruptcy and still qualify for a FHA streamline refinance without appraisal? If so, can you point me to the FHA guideline that states this?
Borrower foreclosed on a previous home about 1.5 years after she purchased the FHA subject property. The foreclosed property was NOT a FHA mortgage, so the Caivrs is clean. Her current credit score is 696.
- Last Post by: nowbroker on 02/09/2012 @ 5:40 PM
I'm almost sure that Freddie makes mortgages on Co-ops but I've been looking hard through their selling guide 4155.1 and I can not find any guidelines there. Can anybody point me to the correct section? Thank you.
- Last Post by: Alan B on 02/09/2012 @ 5:34 PM
Doing an VA IRRRL
Did his purchase in 06/11
Can we still use the DD214 in file? or does VA issue another one for the refi?
- Last Post by: fast8816 on 02/09/2012 @ 5:01 PM
So I have a file that I ran once in a lenders system. The findings come up showing that I ran them 11 times with a red flag that there have been excessive submissions. I call the lender and they show only one submission also. Any idea how or why this happened?
On another one, its a du refi plus. Run Prelim findings in my system and I get a PIW. Run them in the lenders system (this lender does not allow reissue of findings) - the loan is exactly the same as the one I just ran prelim findings on. I get a full appraisal. MAKES NO SENSE.
Gets better. I transfer the prelim DU to Flagstar and they take the PIW (it keeps it)
Just for fun I go to the other lender and rerun the findings with a lower value (took it down 10,000) to see if I will get the PIW because their rates are better/ turn times etc. This is 8 days after I got the first PIW. They come back and say - at 10 grand lower - that my value is now EXCESSIVE????? Are you kidding me? I am blown away. I call their help desk and they said that DU is having huge issues with their collateral assessment model because of the new Harp 2.0 - Supposedly we are supposed to be getting more PIW or 2075's not happening. I actually get both of those all the time surprisingly enough. BUT on this one there is no explanation. I call Fannie Mae's help desk and the rep tells me that its "confidential" - no kidding. I tell her that is not good enough and both issues need to be elevated. She argues with me and finally agrees and gives me a ticket number for each. This is whacked.
any ideas/opinions????
- Last Post by: GirLeeGurL on 02/09/2012 @ 4:33 PM
Los Angeles
4plex
4br/3ba
Investment or rental
$723,524
LTV = 63%
More info available
- Last Post by: lenderfella on 02/09/2012 @ 4:18 PM
I have a borrower whom has a residential home and also is licensed for residential care (non-medical).
How does Fannie look at this? I am getting mixed answers, some say it a business use others say residential care is not a business use on the home is residential use.
Any lenders we can recommend that is aware of this type of residential use?
Any input or originators with experience on how to present this to a lender where they understand use is still residential??
Property in CA, LTV 70%, FICO 800+,
- Last Post by: homebroker@sbcglobal.net on 02/09/2012 @ 4:04 PM
Hello! I'm wondering if anybody had a suggestion as to what lender might consider this scenario. I've already approached Fifth Third, Flagstar, Sovereign, Stearns, and Franklin American with no luck.
NJ property - condo located in a 4 unit project.
Purchase transaction at 55% LTV
FICO 744
Investor concentration 50%
Thanks for any suggestions/assistance you may be able to offer.
- Last Post by: tommydon on 02/09/2012 @ 3:41 PM
Need the business or want to take on more clients?
This is not a miracle product. We've simply created a way to produce mass amounts of business without picking up a phone or tracking these people down.
I don't care if you think it sounds too good to be true. If you think that, we'll show you the system in action and let you take a look at our current client statistics. If that's not enough, you can call our current clients. If that's not enough, find something else.
No contracts, no paying per lead or close. Close as many loans as you can/want. Service is always offered on a month to month basis. It's up to you to come back to us, you're not locked into anything. Call me for a quick rundown. If you like what you hear, we'll do an on-line GoToMeeting presentation.
Grady Lewis, 818-510-3229, talk to you soon.
- Last Post by: GradyMBS on 02/09/2012 @ 2:38 PM
Palmdale Ca. 8000 square foot house on 2.3 acres of land. 80% construction complete, no liens against property, my client needs 275,000.00 to complete the work to final stage, sign off on permits and then sell for profit. (End buyer is in place and comited).
I'm looking to make 2 to 3 points myself. construction complete, the house will be worth 1.2 to 1.4 mm in today's market. need to fund within 10 days.
if you have the ability to do this loan please contact me for additional information ASAP.
- Last Post by: tfrlosangeles on 02/09/2012 @ 2:32 PM
Hey everyone,, I am back to Correspondent Lending after 10 months with a bank(fun at first, then...ugh) wondering if any wholesale lenders are doing Foreign Nationals.. Not looking for Hard Money Lenders.
thanks for any input..
Eddie
- Last Post by: tfrlosangeles on 02/09/2012 @ 2:29 PM
Do Jumbo reverse mortgages still exist? I have who owes about $500k on a home worth over a million but the HECM limit of $625,500 limits the amount borrowed to $405k because of their age.
Please help
- Last Post by: william3243 on 02/09/2012 @ 1:57 PM
Congress takes another shot at this after the SCOTUS ruled similar legislation to be unconstitutional back in '98. I like it. With this tool, each POTUS can be held more directly accountable for the spending contained in each bill that they sign. This is an important piece of legislation that received no coverage in the media. Cool ... very cool!
- - -
WASHINGTON -- House Republicans put aside their usual antipathy toward President Barack Obama on Wednesday to give the president, and his successors, the line-item veto, a constitutionally questionable power over the purse that long has been sought by presidents of both parties.
A minority of Democrats joined in casting a 254-173 vote in favor of allowing the president to pick out specific items in spending bills for elimination. Currently, the chief executive must sign or veto spending bills in their entirety.
The main opposition came from members of the Appropriations Committee, which is responsible for putting together the annual spending bills. They argued that the bill upsets the constitutional separation of powers balance in favor of the executive branch, and that recent efforts to curtail so-called earmarks in spending bills make the line-item veto unnecessary.
- Last Post by: zpaperkid on 02/09/2012 @ 1:32 PM
Do most lenders accept submissions without appraisals??
- Last Post by: homebroker@sbcglobal.net on 02/09/2012 @ 1:25 PM
If you have Multi-Family (Over 4 units) or Medical Office construction needs please give us a call for a quick assessment. We have many outlets to get these done in very short order.
Al Moon
Capital Management Group, LLC
515-252-8276
www.capmngmt.com
"Uniquely Different, Decisively Better"
- Last Post by: capmngmt on 02/09/2012 @ 1:01 PM
C'mon man....where are all the posts for leads? Oh, must be busy hijacking all the other posts with his great offers!
- Last Post by: datalyst on 02/09/2012 @ 12:54 PM
Does anyone have any information about this and how/if it affects a refinance process. Any information is greatly appreciated.
- Last Post by: liverichly on 02/09/2012 @ 12:36 PM
I remember last October the USDA lowering its guarantee fee from 3.5% to 2% and adding in a .3 monthly.
Someone from my office said that they thought the USDA recently revised this and raised the guarantee fee to 2.5% now.
Does anyone have any news on this?
I have not been able to confirm this with Google searches
- Last Post by: eddieinab on 02/09/2012 @ 12:34 PM
I see UWM does these but rates are higher.
Anyone suggestions?
- Last Post by: Brianquigley on 02/09/2012 @ 12:33 PM
... and the recovery continues.
- - -
Workforce (02/08/12)
The number of U.S. information technology jobs is on the rise, increasing by 13,300 in January to more than 4.1 million, a record high. The previous record was set in September 2008, when IT employment topped 4.08 million. On a yearly basis, IT jobs rose 3.4% in 2011, more than double the growth rate seen the previous year.
- Last Post by: CoolMtgGuy on 02/09/2012 @ 12:12 PM
believe in polls ...
- - -
President Barack Obama holds a clear lead over Mitt Romney in a hypothetical general election match-up, according to a new Washington Post-ABC News poll.
Among all Americans, Obama leads Romney 52 to 43 percent, whereas among registered voters, the presidents has a narrower edge over Romney, 51 to 45 percent. This is the first time that Obama has more than 50 percent of the votes in a match-up against Romney among all Americans since July, when the president led the GOP candidate, 51 to 44 percent.
- Last Post by: Sarge on 02/09/2012 @ 12:08 PM
Can that be done? Brother wants to buy from sister
- Last Post by: nowbroker on 02/09/2012 @ 11:40 AM
As a result of the Temporary Payroll Cut Continuation Act of 2011, the Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to increase loan guarantee fees (“G-Fees”).
Does anyone know how this will if any impact rates or what this whole thing means. I heard this is coming 3/9.
- Last Post by: eh6794 on 02/09/2012 @ 11:28 AM
Good Morning,
I am in search of a private lender for Junction City, Oregon...Owner User property (Whse on 1 acre Rural), Free & Clear and looking for $100K loan. Value is approximately $400K per client. Credit evaluation has not been run yet. Let me know if you have any further questions...All cash out is to pay off credit obligations.
Thanks.
JAnderson@EquityFundFinancial.Com
949-261-2775 X107
- Last Post by: EquityFundCEO on 02/09/2012 @ 11:16 AM
Purchase file
Inspection company requiring just filling of oil tank. SunTrust UW requiring removal of tank and soil retested.
Bank owned property.
- Last Post by: katmer on 02/09/2012 @ 10:47 AM
anybody. Going Fannie with DO
- Last Post by: homebroker@sbcglobal.net on 02/09/2012 @ 10:37 AM
I need input on where to place a loan with the following credentials.
This is a California Property.
30 YR FRM. HB $520K
1st $70k
2nd $450k
LTV is close to 80% ( does anyone find that certain lenders appraisals come in higher/lower than what you initially thought?)
I found that one lender in particular appraisals came in much lower than what we/borrower had concluded.. this has happened on a consistent basis.
What lender would you place this with?
- Last Post by: saman1 on 02/09/2012 @ 10:12 AM
I have a customer who has been employeed for the last 4 months as a Nurse assist. For the last 1.5 was in school learning english, because in her country "Cuba" she was a RN for 17 years. She only been in the counrty 5 years and has prefect credit 780+ and her husband too. Ratios are 41/47 with her salary, no gifts all thier own money.
The UW wants 2 years history...
- Last Post by: PUF Rocky on 02/09/2012 @ 09:19 AM
It asks for the service number - this is a Vietnam Vet - the service number is 11 digits but the space only takes 9 digits -
Anyone run into this?
- Last Post by: BMill on 02/09/2012 @ 08:44 AM
Who has used these folks or is currently using them? Any feedback? Rates? Turntime? Service? My corporate office is considering a merger.
God BLESS America!
Oscar
- Last Post by: oscar on 02/09/2012 @ 08:27 AM
Equity One SBC
Offers YSP on Direct Commercial Products
Small Balance Stated and Full Doc Commercial Lending Programs
Equity One SBC to celebrate a solid 2011 and to give back to our broker community is now offering YSP on our direct lending programs.
Equity One SBC is a direct lender that specializes in small balance commercial lending. The program is designed for the first time real estate investor or small business entrepreneur. The program is ideal for the customers who do not fit today's bank underwriting guidelines but do not need to pay private money rates.
PROPERTY TYPES
multi-family
mixed-use
commercial
retail
warehouse/light industrial
self storage
mobile home parks
automotive services
HIGHLIGHTS
Loan Amts $100K to $3MM
Full and Lite Doc Options
600 Middle Fico Score
30 year amortization
LTV's as high as 75%
Cash out Available
Brokers protected
YSP available
- Last Post by: EquityOneSBC on 02/09/2012 @ 08:16 AM
Client needs an additional 20 points on his fico & is willing to pay down a balance
- Last Post by: CreditTechnologies on 02/09/2012 @ 08:00 AM
While we quibble over abortion and contraceptives, educating our workforce is waaaayyy low on this country's list of priorities. The education level in this country is pathetic ... even at the college level. Asian countries are graduating the scientists and engineers of tomorrow while we fight about whether a prayer banner should or should not be hung in a public school.
- - -
Washington Post (02/07/12) Michael Fletcher
Although the U.S. unemployment rate is now at a three-year low of 8.3%, experts say workers with a high school diploma or less have few employment opportunities. <font color="red">Close to 33% of the labor market has just a high school diploma</font id="red">, and the Urban Institute says more than 10% of these workers joined the ranks of the unemployed from late 2007 to early 2011. Meanwhile, about 20% of high school dropouts have become unemployed since 2007, and 13.1% of this group was unemployed in January.
Experts say finding a place in the work force for low-skilled workers remains a challenge, especially as community college budgets for job training programs have been cut. Linda Rice, president of Brevard Workforce, a job-training and placement service in Brevard County, FL, says many of these workers lack the necessary math, computer, and technical problem-solving skills.
- Last Post by: Shabone3 on 02/09/2012 @ 06:01 AM
Just sharing some of what I see on the staffing side of the industry.
- - -
Job Openings on the Rise in First Month of 2012, SimplyHired.com Reports
SimplyHired.com (02/07/12)
SimplyHired.com has released its February 2012 Employment Outlook highlighting national and local markets, as well as industry and employer trends. Nationwide, job openings increased slightly in the first month of 2012, up 1.5% month-over-month and 9.2% year-over-year. "The job market has stabilized a lot compared to a few years ago," says Gautam Godhwani, chief executive officer of SimplyHired.com. "This month's immediate increase in job openings following the holidays indicates that 2012 should be a great year for hiring." Fifteen of 18 industries experienced job growth in January. Industries with significant month-over-month growth include nonprofit (27.9%), hospitality (17.0%), and legal (12.6%).
- Last Post by: Shabone3 on 02/09/2012 @ 05:57 AM
Need a lender for a purchase loan after a short sale.
I have a buyer who had a short sale due to a hardship that has since been resolved (one year since short sale). HUD issued a letter (Mortgagee Letter 09-52) stating that " Borrowers are considered eligible for a new FHA-insured mortgage if
• they were current on their mortgage and other installment debts at the time of the short sale of their previously owned property, and
• the proceeds from the short sale serve as payment in full. Reference: For detailed information, see “Short Sales” at 4155.1 4.C.2.l."
There has been no letter superceeding this BUT...I'm unable to find a lender who will make a loan until two years after a short sale. The buyer has good credit 720+, good income and good reserves. DOES ANYBODY OUT THERE KNOW OF A LENDER THAT WILL DO THIS 80% LTV LOAN?
- Last Post by: pro_finance on 02/09/2012 @ 04:56 AM
I've used Turbo Tax for the last couple of years. Since I no longer have 1099 income and business write offs, it's quite simple. Years prior to that, I have used a CPA.
I'm still trying to figure out how Turbo Tax Timmy Geithner screwed up his taxes and got away with it. Turbo tax is so simple and self-explanatory. You'd have to either be retarded, or a liar, to screw it up. Or, maybe in his case, he's a lying retard.
And, once again, I owe both state and federal taxes this April. I guess it's better to owe taxes than be owed a return. It's a little less than $800 total. But, it still blows to write those checks.
Who does your taxes? Do you? Does your CPA? Does a tax preparer like H&R? Do you use an 'at home' tax preparation program?
Is there a better way?
As long as we are stuck with an archaic, cryptic, and convoluted tax 'code', other than voting Libertarian, what is the best way to deal with it?
And, before you say it, cheating is not the answer. Even if it gets you a cabinet position.
- Last Post by: Mandyvilla on 02/09/2012 @ 04:18 AM
Anyone think this will hurt business? Does anyone know detailedprovision of the deal?
- Last Post by: MortgageLiz on 02/08/2012 @ 11:18 PM
I am only licensed in Florida and I am getting leads from other states that I can't do. I currently have USDA leads in WA, CA, OR, PA and ND. They are free. All I ask is that you let me know if they are any good or not.Send me a message if you want a certain state.
sjepp1199@aol.com
- Last Post by: howemort on 02/08/2012 @ 7:32 PM
When I call I say "Good Afternoon Christine" this is Mike calling from XYZ company how are you doing today. People automatically know it's a sales call. There has to be different rarely used opening that get's the client to participate in the conversation by giving you an answer to your first question. What is that question? This sales call is not contacting potential borrowers. It is contacting lenders.
- Last Post by: dsmithson on 02/08/2012 @ 7:08 PM
Can anyone help me getting this deal done. Fico-760, DTI < 30%, LTV < 60%, Investment Property, Condo, CA state, Borrower's assets reserve = 100K+.
I submitted the loan with Quicken and got no condition on the loan except this;
"the association does not have an acceptable budget. they verified that they are working at a deficit, and because of this deficit, they are actually not able to contribute to the reserve fund. since they are not contributing to reserves, and FNMA requires 10% of the annual income to be budgeted for reserves, an exception is needed for this issue once the CPM is able to be completed. waiting on additional condo docs before I am able to complete the CPM"
Then I got this from my lender;
CPM review completed and sent to LARS as Guide Ineligible due to
insufficient budget. The HOA is operating in a deficit (7 month actual
deficit 15,157.36), and cannot supply us with a 12 month budget.
There is a reserve study summary on pg 5 of the budget in LARS that
indicates they should have a recommended monthly reserve contribution of
9,870 which they won't be able to meet due to their current deficit. It has
been recommended that the HOA levy a special assessment for reserves in
2011 but we have no evidence that they did that, and if they did they are
continuing to operate in a deficit w/out a reserve contribution for the
2012 budgeted year.
Can anyone have a suggestion on this?
- Last Post by: shane.singh on 02/08/2012 @ 6:44 PM
Grand Bank, N.A. is the parent company of Icon Residential Wholesale, Ovation Home Loans, and Carnegie Mortgage. If you have any loans with or thinking of submitting them to this lender please read this Order of Consent and the intention of a Cease and Desist from the DEPARTMENT OF THE TREASURY COMPTROLLER OF THE UNITED STATES.
This link below is from the OCC's website.
http://www.occ.gov/static/enforcement-actions/ea2011-152.pdf
- Last Post by: makeithappen on 02/08/2012 @ 6:30 PM
If I show up at a couple of open houses on the weekend and don't know or have a relationship with the realtor, is it acceptable to leave business cards on a table near the front entrance and/or hand out cards to prospective buyers or browsers? Will the realtor take offense to this if she has in-house financing at her brokerage or relationships with other LO's?
- Last Post by: Mandyvilla on 02/08/2012 @ 6:20 PM
I have a realtor who wants to know if we can finance a condo project as he didn't think we could but then again noticed there were recent FHA sales in the complex, is there a way you can look this up somehow to see if a condo is FHA approved? A FHA website or anything?
- Last Post by: subprime on 02/08/2012 @ 6:01 PM
Anyone have any recommendations for lenders that will still lend up to 10 financed properties? I have a borrower who has 6 financed, he wants to refi a few of those and buy a couple more, I have spoken to a couple lenders who are maxed at 4
Any suggestions?
Thanks!
- Last Post by: subprime on 02/08/2012 @ 5:38 PM
<b>Florence Green, Last World War I Veteran, Dies at 110 </b>
By MARGALIT FOX
Published: February 7, 2012
The last veteran of World War I was a waitress, and for 90 years no one knew her name.
Florence Green, a member of Britain’s Royal Air Force who was afraid of flying, died in England on Saturday, two weeks shy of her 111th birthday. She was believed to have been the war’s last living veteran — the last anywhere of the tens of millions who served.
Mrs. Green, who joined the R.A.F. as a teenager shortly before war’s end, worked in an officer’s mess on the home front. Her service was officially recognized only in 2010, after a researcher unearthed her records in Britain’s National Archives.
That Mrs. Green went unrecognized for so long owes partly to the fact that she served under her maiden name, Florence Patterson, and partly to the fact that she conducted herself, by all accounts, with proper British restraint, rarely if ever flaunting her service.
It also owes to the fact that her life followed the prescribed trajectory for women of her era: by the time the 20th century had run its course, Mrs. Green had long since disappeared into marriage, motherhood and contented anonymity.
With the death in May of Claude Stanley Choules, an Englishman who served aboard a Royal Navy battleship, Mrs. Green became the last known person, male or female, to have served in the war on either side.
Her death, at a nursing home in King’s Lynn, in eastern England, was announced on the Web site of the Order of the First World War, an organization based in Florida that keeps track of veterans.
In the spate of interviews she gave after her existence was discovered, Mrs. Green expressed quiet pride in her service. She also recalled approvingly the courtly behavior of the officers she served.
“It was very pleasant, and they were lovely,” she once told an interviewer. “Not a bit of bother.”
But though she was aware of her historical position as the war’s last veteran, Mrs. Green was philosophical about the war itself, one of the defining events of modern history, in which more than 20 million people died.
“It seems,” she remarked to The Independent last year, on the occasion of her 110th birthday, “like such a long time ago now.”
The daughter of Frederick Patterson and the former Sarah Neal, Florence Beatrice Patterson was born in London on Feb. 19, 1901, and moved to King’s Lynn as child.
In September 1918, two months before the war ended, Florence, then 17, joined the Women’s Royal Air Force. An auxiliary branch of the R.A.F., it had been created not long before to help free men for combat duty by recruiting women to work as mechanics and drivers and in other noncombat jobs.
Made a steward in the officers’ mess, she was assigned first to the Narborough Aerodrome and later to the R.A.F. base at Marham, both in England’s Norfolk region.
She served the officers meals and tea, and in free moments she would roam the base, admiring the men. “I met dozens of pilots and would go on dates,” Mrs. Green told The Daily Mail in 2010.
But when they offered to take her aloft in their craft — Sopwith Camels and other biplanes — she demurred. She was afraid to fly.
At Marham, Mrs. Green witnessed what was undoubtedly the most benign bombing of the war. On Nov. 11, 1918, when armistice was declared, the Marham fliers celebrated by swooping down on the Narborough airfield, a few miles away, and letting loose bags of flour. The Narborough boys quickly retaliated by pelting Marham with bags of soot.
Mrs. Green, who remained in the Women’s R.A.F. until July 1919, married Walter Green in 1920. Mr. Green, a railway porter, died in the 1970s.
Her survivors include two daughters, May and June; a son, Bob; four grandchildren; and seven great-grandchildren.
Mrs. Green’s wartime experience remained unsung until 2009, when an English newspaper, The Lynn News and Advertiser, wrote about her 108th birthday. Andrew Holmes, a British researcher for the Gerontology Research Group, an American organization that keeps statistics on people who live well past 100, then located her service records in the National Archives, resulting in Mrs. Green’s recognition as a veteran the next year.
At her funeral next week, The Associated Press reported, the Union Jack will drape the coffin.
- Last Post by: Hopland on 02/08/2012 @ 4:49 PM
hi board, i am a newbie to the forum, from the new jersey area. I feel very fortunate to have stumbled onto this site- I am looking for a lead vendor or even a mortgage broker, i want to either purchase upfront or work out a commission structure to obtain all New York/New Jersey turndowns in which people applied for a refi or 2nd or heloc in an effort to consolidate debt. Any and all help would be appreciated.
Thanks
- Last Post by: lawoffices on 02/08/2012 @ 3:52 PM
A retired general today assailed the commander of the Navy SEAL raid that killed Osama bin Laden for drawing too much media attention to operations that he argued should be kept under wraps.
Special Operations Commander Adm. Bill McRaven was confronted by retired Lt. Gen. James Vaught, who said he didn't understand why the recent raids by the Navy SEALs, such as the one to kill Osama bin Laden or to rescue U.S. hostage Jessica Buchanan, were all over the media.
"Since the time when your wonderful team went and drug bin Laden out and got rid of him, and more recently when you went down and rescued the group in Somalia, or wherever the hell they were, they've been splashing all of this all over the media," Vaught, 85, said. "I flat don't understand that.
"Now back when my special operators extracted Saddam [Hussein] from the hole, we didn't say one damn word about it," he continued. "We turned him over to the local commander and told him to claim that his forces drug him out of the hole, and he did so. And we just faded away and kept our mouth shut.
"Now I'm going to tell you, one of these days, if you keep publishing how you do this, the other guy's going to be there ready for you, and you're going to fly in and he's going to shoot down every damn helicopter and kill every one of your SEALs. Now, watch it happen. Mark my words. Get the hell out of the media," he concluded, as laughter broke out at a meeting of the National Defense Industrial Association in Washington, D.C.
Vaught commanded the failed mission to rescue the hostages in Iran in 1979. Eight service members died and four were injured in "Operation Eagle Claw" when the helicopters on the mission collided in the remote Iranian desert. Vaught, whose role made him the first commander of Delta Force, was not active duty during the Hussein raid, which was also conducted by the Delta Force, the secretive counterterrorism unit.
McRaven jokingly responded that he became a Navy SEAL because his sister was dating a special forces member and because he was infatuated with John Wayne's movie, "The Green Beret."
"The fact of the matter is, there have always been portrayals of SOF [Special Operations Forces] out in the mainstream media," he said. "We are in an environment today where we can't get away from it. It is not something that we actively pursue, as I think a number of the journalists here in the audience will confirm. But the fact of the matter is, with the social media being what it is today, with the press and the 24-hour news cycle, it's very difficult to get away from it."
He added that it was difficult to avoid media coverage in today's 24-hour news cycle and that it could actually help Navy SEALs do their job better.
"We have had a few failures. And I think having those failures exposed in the media also kind of helps focus our attention, helps us do a better job. So sometimes the criticism … the spotlight on us actually makes us better," McRaven said.
The Navy SEALs have received heavy media attention in the past year thanks to the bin Laden raid and the rescue in Somalia. A movie titled "Act for Valor" focusing on the elite special operations force is due for release next month and Academy Award-winning director Kathryn Bigelow is making a movie about the raid that killed the world's most wanted man.
McRaven was in Washington, D.C., today talking about an expansion in the role of special operations forces in Afghanistan. Special operations troops, McRaven said, would likely be the last to leave the country and the Pentagon is even considering a new special operations command, but that has not been decided yet.
"I have no doubt that special operations will be the last to leave Afghanistan," McRaven said. "As far as anything beyond that, we're exploring a lot of options."
ABC News' Meg Fowler contributed to this report.
Ive wondered about all the media attention, and it possibly jeopardizing future missions. I guess they know what thay are doing.
- Last Post by: Billy Pilgrim on 02/08/2012 @ 3:16 PM
Looking for a hard money lender in boston ma,large single family home roxbury..Ralph 826-8494...
- Last Post by: RCORGAIN on 02/08/2012 @ 3:04 PM
I have a client who has leukemia and grows Marijuana legally in his garage.
This is not being used as income, however this is an FHA refinance.
Will lenders be okay with this?
- Last Post by: Hopland on 02/08/2012 @ 2:47 PM
Greetings All,
I need some help getting a deal closed. I've provided details below:
- The home is an investment property located in Indianapolis,IN
- The client (based in California) purchased the property for 55k using a private mortgage in October of 2011. The home is seasoned more than 90 days
- The property was closed through a title company so the note and mortgage is recorded between the client and the private lender
- The client is looking to refinance in order to pay off the private mortgage. The client is fine with paying the difference between whatever LTV the refi lender provides and the 55k note. Preferably not lower than 70% LTV
- The client currently has 4 mortgages, so this would be the 5th
I need a lender that can loan on that loan amount and allow more than 4 properties, since this would be the client's 5th.
This client has credit scores of 700+ and plenty of reserves. She is interested in purchasing 5 additional homes, so whoever can help her would have that additional business. The next homes would have larger price points.
Please email me at ryan@shealsjohnson.com if you can assist.
Thanks!
- Last Post by: ryanjohn23 on 02/08/2012 @ 2:00 PM
I have a Rate/Term refi loan in California (Riverside County). Its O/O SFR, 785 fico, 210K loan amt (60% LTV). Assets can be verified.
Looking for a VOE or a SIVA loan. Plz email me guidelines. Thx!!
- Last Post by: emoney on 02/08/2012 @ 1:58 PM
that leave only Ron Paul. When will Ron Paul have his 15 mins in the spotlight? What a clownshow ... I love it.
- Last Post by: Tampa Teddy on 02/08/2012 @ 1:42 PM
Have a borrower that needs loan 815K with 10% down (purchase price of primary residence - 905k). Borrower is self employed general contractor. Form 1040 shows annual income $135k - S Corp shows gross 530K. No debt. Any Lenders doing these?
- Last Post by: stoneloren on 02/08/2012 @ 12:36 PM
Let's say you had a teacher that made $72k last year and the paystubs perfectly matched that... and you have a VOE that showed that they made that amount the past 2 years, and gave their bimonthly salary amount (that matches too).
How many of us would expect the VOE to get rejected because they didn't comment whether the employee (a teacher) gets paid over 10 months or 12 months (the employee gets paid over 12 months).
The lender (I'll leave it up to you to figure out who) is assuming the borrower gets paid over 10 months when calculating income. We haven't seen a teacher on a 10 month pay structure here around here in years.
Easily fixed (except for the woman who has to do another VOE). Reminds me of this phrase... "When you hear hoofbeats, think horses, not zebras"
Yes, we've been writing mortgages with them for maybe 10 years now... we accept that we will continually be probed by their employees on routine files. Just venting out loud (again)
- Last Post by: KGR on 02/08/2012 @ 12:34 PM
I am a loan originator that normally does residential any commercial lenders that would like to tackle this one.
- Last Post by: stoneloren on 02/08/2012 @ 12:33 PM
Looking for some info. on this company. Any info. regarding their turn times, operations, etc would be appreciated.
- Last Post by: eddieinab on 02/08/2012 @ 12:08 PM
...where would that be?
I am a top originator at my current company. Almost 30 NMLS MLO liceneses. I prefer working for large companies and having direct access to underwriters for those oft times "complicated" loans.
I am better at selling a higher rate and making more per loan with less clients to handle at once than I am with selling dirt cheap rates and handling more clients at the same time.
Stability and reputation is key in my decision making. And, obviously, the ability to earn at a very high level as I average 65-70 hours a week and convert lead-to-closing at, what I would say, would be an incredibly impressive level.
Just getting some ideas in the event I need to make change here soon.
Net branches, brokers, etc., for whatever reason I have a stigma to them that turns me off, but am open to all feedback and responses.
- Last Post by: ownerop on 02/08/2012 @ 12:07 PM
Does anyone know of any lenders who are beginning to fund these loans? The banks I know of are waiting for March. Any input would be appreciated. Thanks.
- Last Post by: raymondb on 02/08/2012 @ 11:48 AM
who is doing the HARP loans where there is no appraisal and no ltv?
- Last Post by: raymondb on 02/08/2012 @ 11:42 AM
Wells Retail:
We just got some pricing notification for >125% HARP 2.0 deals.
O/O
15 yr and 20 yr +.75
30 yr +1.5
2nd homes and investment properties
15 yr and 20 yr +2.25
30 year +2.75
- Last Post by: raymondb on 02/08/2012 @ 11:42 AM
who offers lender paid mi down to a 640 score?
- Last Post by: lobb on 02/08/2012 @ 11:02 AM
I have some clients that are currently short selling their Mobile home. They have never been late on their payments and have currently a 801 fico. Over all very strong borrowers. They have never made 1 late payment and they just received a short pay off approval from the credit union.
I spoke to the local credit union that they are doing the short sale with and they are going through with the short sale mainly because of the high ltv, 201% or so.
The trade line will report as "Settled for less than owed” and there is no repayment of deficiency required.
They of course want to purchase another SFR home in the 250k price range. I have herd FHA allows purchases after a short sale if certain requirements are meet. Anyone know what they are and if something like this will work?
I have spoken to nationstar and the rep tells me it seems to fit thier guildlines.
Naturaly i have doubts that this will acually work.
- Last Post by: GVDenny on 02/08/2012 @ 10:50 AM
What a game!
SUPER BOWL CHAMPIONS!!
- Last Post by: liverichly on 02/08/2012 @ 10:33 AM
Trying refi 2 resort hotels. They are owner managed. Total refi is 12.7 MM. Too big fr 504 and 7a.
Seeking on book lender for un-flagged hotels. Located well onMD shore.
- Last Post by: adelphos on 02/08/2012 @ 10:10 AM
Need to know which lender I should take this to.
Property was Purchased as an A-Frame in the Mountains.
It was then converted into a Duplex
Then 1300 square feet added to the home.
I would assume we need some like comps, but I believe that would be near impossible.
Suggestions?
Should I take this to a bigger lender, versus smaller one.
- Last Post by: Brianquigley on 02/08/2012 @ 09:58 AM
I have a conforming borrower with a small side business. He showed $6200 income on last years Schedule C. He wrote off $4500 in depreciation, and $5200 car and truck expenses. I'm adding back depreciation, but what about thr Car and truck expenses?
Also, on 2009 Schedule C, he has write-offs for insurance, repairs and maintenance, fuel, registration, telephone. Does anybody know what Fannie/ Freddie will allow to add back in, other than depreciation?
- Last Post by: nowbroker on 02/08/2012 @ 08:25 AM
Maybe pictures will explain to the nimrods in the group why unemployment is down
http://www.zerohedge.com/news/record-12-million-people-fall-out-labor-force-one-month-labor-force-participation-rate-tumbles-
- Last Post by: toddblue on 02/08/2012 @ 02:51 AM
I have a deal here in Maryland with one of my consistent Realtors. Looking for someone to put the deal through. Here are some specifics:
First time home buyer
621 mid-FICO
FHA
38/38 front/back ratios
Thx
- Last Post by: MikeRudnick on 02/08/2012 @ 02:20 AM
If you are a National USDA lender or if you can do at least half the country please contact me. I have a program I need to beta test (on me of course) and need the right partner or two to have test the leads.
raymond@bestratereferrals.com
- Last Post by: MikeRudnick on 02/08/2012 @ 02:15 AM
We are a fed charter and we currently have openings for Indside and outside LOS located in the following states:
INDIANA, MICHIGAN, OHIO, ILLINOIS, PENNSYLVANIA, and Kentucky
We have programs for lead takers, we have programs for strictly referral Loan officers.
Work in the office (Indianapolis, and Cleveland OH- CHicago and Columbus, OH coming soon) or in your house.
No licensing needed- all 50 states
Bank or Broker if we can not bank it.
Make between 100-175 bps. Draw of $1500-$2500 a month as well
Email me more if interested
- Last Post by: BrettLoanMagic on 02/07/2012 @ 11:47 PM
I have a co-borrower with no score or credit history.
Will any lender look at this?
- Last Post by: evoneps on 02/07/2012 @ 11:22 PM
OneUnited Bank, we're the premier bank for urban communities, financing properties on multi-family with 5 units or more and loan amounts ranging from $250,000 up to $3,500,000 (case by case for loan amounts higher/lower). We finance a wide range of multi-family properties including affordable housing/section 8, suburban or inner-city neighborhoods, brick buildings, older structures, etc…
We’re currently lending in the following counties in California- Los Angeles, Orange, San Bernardino, Riverside, San Diego, Ventura and San Francisco Counties. We’re also lending in Massachusetts and Florida.
Listed below are some highlights of our programs:
« REBATES AVAILABLE!
« Up to 75% LTV on Purchases and Rate/Term Refinances
« Up to 70% LTV on Cash-out Refinances
« Minimum Credit Score is 650
Please call or email me today with any questions or deals that you’d like to discuss- I’d love the opportunity to close your next apartment loan!
Thank you,
- Last Post by: DaisyT on 02/07/2012 @ 8:55 PM
Stay away from Caliber Funding. Rates are good. THEY DO NOT CLOSE LOANS. After I signed up sent over 3 good loans. They could not close anything! One was a refi, 800 fico scores, 8 years at same job CPA, 18% DTI, 28% LTV!!!! Home in the BEST part of Dallas so they could not believe land value on appraisal (George W. Bush lives in this neighborhood) by the time they finished jacking around with field reviews and approved loan (2 weeks) borrower had walked. The other two were just major "slow rolling", bad service and major over underwriting. Luckily I moved them and managed salvage one immediately.
I have been a broker for 14 years and do not understand how they can stay in business. This is worst experience with an investor I have ever had. Cannot caution you enough.
- Last Post by: adventcorp on 02/07/2012 @ 8:16 PM
I am starting this thread to see who are the lenders most brokers
go to. For myself, my go-to lenders are Sterns, Interbank, and
Bay Equity as I like their A/Es and the service. As for Interbank,
I like both the rates and the A/E for he is also avaiable on Saturday.
My broker shop is approved with other lenders too but I don't find
other lenders and their A/Es as service-oriented and responsive
as my current go-to lenders. However, this may change as I would want
to try other lenders too.
Any favorite lenders that you have and why?
Peter
- Last Post by: Elkpear on 02/07/2012 @ 7:53 PM
I enjoyed writing this one....
http://nationalmortgageprofessional.com/news28165/make-real-estate-agents-your-soldiers
Hope you do as well. Watch for us on the cover of both NMPM and the NR in March![:D]
- Last Post by: raymondb on 02/07/2012 @ 7:25 PM
Over the last 8 yrs Best Rate Referrals has become one of the leaders in the Mortgage Marketing space. For the most part our services mainly included Call center leads/ transfers, direct mail service, data brokering, dialer service, and consulting. We strategically avoided internet marketing due to a few factors... a) as a start up in 2003, we didn't have the money to play in the internet space until mid 2007, b)when we did reach the point of having enough funds to start playing around online, the market crashed and there was no lending, no lending = no point of lead gen, c) we didn't have the knowledge or experience, or media connections to compete in the online space up until about 12 months ago.
In the last 12 months we have tested several lead gen paths and platforms from search, email, display, media, etc.... Some good, some not so much. In this beta testing phase, we have figure out our key word cluster targets, we have identified who our online traffic partners will be on the search and media buying side, AND after several months of testing, we have our platform completely built and ready to roll out this week so that we can obtain our partners early for 2012.
We will be generating both refinance and purchase loan leads on the loan side of our platform. On the Real Estate side of the platform we are currently driving RE buyer and seller leads to our RE and Mortgage clients alike.
The big difference in our model and most of the competitors is pretty simple...every lead we generate will be sent 100% exclusive to our partners. We do realize that doing this prices some buyers out of our product, as well as doing all exclusive traffic does decrease our margins as a lead generation company. Despite those factors, we have other factors that make more sense to me and severely outweigh the first two...such as client retention.
Clients that we retain are cheaper to keep on than replacing clients. Therefor we can sustain a solid platform for all involved with just a 15-20% margin all the time so long as we are retaining 85-90% of our clients. I believe the only way to do this is to go exclusive and forgo the other 75-100% margin that shared platforms bring lead companies. My power will be in volume as it is our goal to retain 90% of our internet lead clients, as well grow our daily out put to 7,500-10,000 leads per day nationally between our purchase and refi platforms.
Currently we are looking for anywhere from 1-3 exclusive partners in each state (depending on the state). Pricing is set and solid per your volume order.
If your looking to blow up in 2012 like we at Best Rate Referrals are, contact me to start locking up your (states). We are less than 2.5 weeks from January folks.... get your first quarter marketing plan in order now!!
raymond@bestratereferrals.com
- Last Post by: raymondb on 02/07/2012 @ 7:21 PM
UPDATE: 9-18-10
Due to demand for LOAN MOD internet leads we have decided not to sell our sites....
We are instead going to turn all of our PPC back on as of the 1st of March. We will be selling these on two platforms....
1) Exclusive - $25-28 per lead (never resold by our company)
2) Shared - sold to 2 people in real time at 15 each. Then one more time aged after its 15 days old for $2-3 per lead.
We will be farily limited and these will go fast....(about 200 leads per day - current search volume expectancies)
If interested please contact me directly...
raymond@bestratereferrals.com
<u><i><center><font color="red"><font size="6"><font face="Impact">LOAN MODIFICATION LEADS / MAILERS</font id="Impact"></font id="red"></font id="size6"></center></i></u>
<b>Over the last few months the loan mod and short sale industry has really started to take off. During this time Best Rate Referrals has been doing BETA testing on many forms of lead generation for these professionals. We have done extensive data mining, many direct mail campaigns and various call campaigns. After weeks of testing with current clients I am proud to say that we finally have our marketing plat form all set for retail. Like always I never release something unless it works and has been PROVEN by me to work through actual beta testing.
We have developed many options to choose from. CHECK IT OUT.......</b>
<font color="navy"><font size="4">OPTION #1 - EXCLUSIVE TELEMARKETING LOAN MODIFICATION LEADS! </font id="size4"></font id="navy">
<font color="red"><font size="4"><center>10-20% closing ratio</font id="red">
</font id="blue">(AMERICAN CALL CENTER)</font id="blue"></center></font id="size4">
Our telemarketing center currently calls homeowners nationwide to refinance their home. When an interested homeowner does fit our refinance lead criteria but is still interested we inform them of a program especially for homeowners in their situation. Our telemarketer will then ask the homeowner numerous questions regarding their current home/financial situation. At the end of the call our telemarketer explains that a loan modification company will be calling them back with modification options. We will then send you all information provided by the homeowner the next day, ensuring all leads are less than 24 hours old.
<b><center>http://bestratereferrals.com/loan_modification_leads.html</center></b>
<font color="purple"><font size="4">OPTION #2 - LOAN MOD AND SHORT SELL DATA! Generate your own!</font id="size4"></font id="purple">
There are a few databases you can go after for your mail and call campaigns and have great success.
The first one that is really doing well for this market is the recasting ARMs data base. Keep in mind that many of these folks are over 90% LTV and when their payments change many wont be able to refi so a short sale or a loan mod may be the only way. Of course for the law firm based companies you already know that you also have BK as an option as well as litigation. The fact that you have so many ways to help these folks as well as make money from your services, is what makes the ARMs database such a good database to market to. pricing depends on quantity on this data but <font color="red">you will never pay more than 20 cents per name for these 2008 ARMs with me!</font id="red">
The other major database commonly used for this market....CREDIT DATA. We can filter by number of late(s) in the last (x amount) of months as well as how many recent months late are they currently. This is good targeted stuff to mail to for 30, 60 , and 90 day late data. Minimum order with this database is 2500 and and the pricing ranges from 20-30 cents per name and we can target by any area that you want.
<font color="red"><font size="4">OPTION #3 - LOAN MODIFICATION MAILERS!</font id="size4"></font id="red">
<font color="blue">(ARM DATA OR CREDIT DATA TARGETING LATES... <b>1-5%</b> RESPONSE RATIO!)
These can be sent out to a few different databases...we have been having great success in mailing to people with lates from the bureau as well as the recasting ARMs database since most of them are upside down. WE can send a full color letter or a black and white letter The one we are using right now is converting over 1% each time we drop and of course we see much higher in the states hurting the worst like Cali, FL, NV, AZ.....etc..we saw as high as 5% response in some areas. You can view all our pricing on this page....
<b><center>http://bestratereferrals.com/mailers.html</center></b>
<font color="blue"><font size="4">OPTION #4 - Real Time and Next day internet leads! </font id="size4">[/blue]
<font color="red"><font size="4"><center>3-10% closing ratio</center></font id="red"></font id="size4">
Internet leads is something brand new for BRR. We started playing with this about 9 months ago and after several months of beta testing with current clients we are finally ready to expand these for sale to agents in the field.
These leads are generated by various sites we have hooked up with our data management software. Each site is geared to gather traffic searching terms about for closure and mortgage bailout, 50 terms in all. We are currently generating between 500-750 leads per week and growing. Each lead is sold a very limited number of times and these can be delivered in REAL TIME!!!
Email me directly about pricing and quantites available as we grow!
<b><center>raymond@bestratereferrals.com</center></b>
No matter what option you choose to do you will be working with the BEST!! For the last 5.5 yrs (OVER 3 on this site) Best Rate Referrals has become the leader in direct marketing for any and all financial service professionals!
I look forward to this new added platform to our services. If you have any questions regarding the options fire away or visit this link...
<b><center>http://bestratereferrals.com/loan_modification_leads.html</center></b>
- Last Post by: raymondb on 02/07/2012 @ 7:21 PM
<font color="blue"><font size="4">Mortgage Mailers + Internet Technology <font color="red">(PURLs)</font id="red"> = Higher Response!</font id="size4"></font id="blue">
<font color="green"><font size="2"><b>FANNIE MAE, FHA, ARMS, REVERSE, VA, FHA STREAMLINE, PURCHASE, BAIL OUTS, LOAN MODIFICATION, SHORT SALE, ......</font id="green"></font id="size2">
<font size="3"><font color="red">WE HAVE SAMPLES TO CHOOSE FROM! AND WE HELP WITH YOUR TARGETED LISTS!</b> </font id="size3"> </font id="red">
With consumer confidence going back up due to recent rate drops, and also due to the amount of people mailing being much lower than before, direct mail response numbers have gone going back up. However even with these two factors the main reason direct mail is going so good right now is the addition of the newly developed PURL technology to the mail industry!! Consumers are left with a second option to explore their options online via your mail piece. We create a landing page specific to each home owner and then put their first and last name in the domain to spark their attention. Some home owners who will never call an 800 # will go online. WE are currently seeing an additional 50-75% traffic with the PURLs.
We have put together a video demo of this new addition to our direct mail platform...
http://www.bestratereferrals.com/mailers.html
- Last Post by: raymondb on 02/07/2012 @ 7:18 PM
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