Mortgage Broker Forums at Broker Outposthttps://forum.brokeroutpost.comBroker Outpost makes finding a qualifying loan program more efficient for mortgage brokers, and offers wholesale lenders an opportunity to market their unique loan programs. Loan search and support forums require registration, its free!13/25--- KB Wins!! (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337577.htm#1802497Congrats!! - Last Post by: KnowsBetter on 08/18/2017 @ 8:45 PMCharlottesville VA (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337548.htm#1802496http://www.foxnews.com/us/2017/08/12/one-dead-19-injured-after-car-plows-into-protesters-during-clashes-at-unite-right-rally.html A sad day for our Great Country ...No reason for violence from either side of the discussion - Last Post by: KnowsBetter on 08/18/2017 @ 8:45 PMExtra Lender Credit Ideas (by: bmd)https://forum.brokeroutpost.com/loans/forum/2/337592.htm#1802492Have an extra 3k left over in credit to spend on; what would you do if this was your transaction? Extra years worth of HOI? - Last Post by: bmd on 08/18/2017 @ 3:02 PMMobile Homes (by: scottee10)https://forum.brokeroutpost.com/loans/forum/2/337582.htm#1802490Anybody know of a wholesale lender for mobile homes in California??? - Last Post by: scottee10 on 08/18/2017 @ 2:54 PMHigher than 50% DTI FHA Refi Manual Underwrite (by: gcapozzoli)https://forum.brokeroutpost.com/loans/forum/2/337578.htm#1802488Does anyone know a lender that will go over 50% DTI on an FHA refi, manual underwrite (just out of chapter 13)? Everything I have seen leads me to no, but I just thought I would check before I make the phone call. Thanks - Last Post by: gcapozzoli on 08/18/2017 @ 2:44 PMFHA Question (by: gcapozzoli)https://forum.brokeroutpost.com/loans/forum/2/337588.htm#1802487I have a client whos name is on title to a home (that he currently lives in), however, the loan is in the wifes name only. They are going to retain that home and rent it out after closing on a new property). That home has an FHA loan in the wifes name only against it currently. The wife will not be on our new loan. We were going to go FHA in the husbands name only for the new property. Are you aware of any challenges with that since our borrower has his name listed on a property that is financed with an FHA loan (keeping in mind that hes not on that loan) with doing an FHA loan in his name? I tried calling HUD and they actually couldnt give me an answer and put that out for research. Any feedback would be appreciated! Thanks! - Last Post by: gcapozzoli on 08/18/2017 @ 2:40 PMSocial media ads for realtors (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337597.htm#1802485Are brokers allowed to pay for social media ads for realtors assuming it will be promoting realtors only? Does it have to be up to 50%. - Last Post by: KnowsBetter on 08/18/2017 @ 2:20 PMBank statement pgm for self employeds (by: Brianquigley)https://forum.brokeroutpost.com/loans/forum/2/337593.htm#1802483Im curious to know what lender offers the best rates on these. Any ideas? 6% seems kind of high. Is there anything lower with 12 or 24 months of personal bank statements? - Last Post by: Brianquigley on 08/18/2017 @ 1:53 PM$5k to invest (by: DAN-PathwaysFinancial)https://forum.brokeroutpost.com/loans/forum/2/337568.htm#1802475$5k to invest in mortgage marketing. Where would you spend it? Leads? Systems? Events? - Last Post by: DAN-PathwaysFinancial on 08/18/2017 @ 1:15 PMList of Collection Agencies (Nationwide) (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337571.htm#1802472I know this is a long shot... ...but. Does anyone know how I can get as complete a list as possible of all the collection agencies in the country? Some states dont require licensing, but most agencies are licensed in 50 states and I am trying to procure that. I have been trying all the various state Financial Regulatory bodies, Secretary of State for some states, etc... have had no luck. - Last Post by: KnowsBetter on 08/18/2017 @ 12:26 PMSean Spicer resigns as White House press secretary (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337333.htm#1802465http://www.cbsnews.com/news/sean-spicer-resigns-as-white-house-press-secretary-report/ Team Trump seems to have a staffing problem ! What a S..t show ! - Last Post by: KnowsBetter on 08/18/2017 @ 11:05 AMStreamline Accept on Home Possible (by: JohnatAFC)https://forum.brokeroutpost.com/loans/forum/2/337589.htm#1802463Can you get a 1 yr tax return for SE (streamline accept) on the Home Possible program? - Last Post by: JohnatAFC on 08/18/2017 @ 10:45 AMScaramucci out! (by: clarenceworley)https://forum.brokeroutpost.com/loans/forum/2/337420.htm#1802459Not about loans but still funny - - Last Post by: clarenceworley on 08/18/2017 @ 10:34 AMBest Wholesale CONDOTEL Financing (by: Brianquigley)https://forum.brokeroutpost.com/loans/forum/2/337581.htm#1802458Seems the retail banks have the ARM on this in the low 4% range Only option as a broker seems to be Calibur who is in the low 6% range, borrower paid. Any other wholesalers doing lower rate CONDOTEL financing? - Last Post by: Brianquigley on 08/18/2017 @ 10:32 AMAint it the truth? (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337550.htm#1802442A new thread for liberal hypocrisy, anti-common sense and outright fraud. http://tinyurl.com/yc4chcvn - Last Post by: KnowsBetter on 08/18/2017 @ 10:31 AMThe ACLU has been a liberal darling. Charlottesvil (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337596.htm#1802455https://www.cnbc.com/2017/08/17/aclu-condemned-for-defending-charlottesville-white-nationalist-protest.html Enjoy - Last Post by: KnowsBetter on 08/18/2017 @ 10:22 AMAntifa Grows as Left-Wing Faction Set to, Literal (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337594.htm#1802456https://www.nytimes.com/2017/08/17/us/antifa-left-wing-faction-far-right.html?ref=todayspaper Good read and will comment on it later ( Moving my Son into College ugh ) - Last Post by: KnowsBetter on 08/18/2017 @ 10:21 AMGOP Senator: Trump Lacking Stability, Competenc (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337595.htm#1802448http://www.npr.org/2017/08/17/544230949/gop-senator-trump-lacking-stability-competence-to-succeed Plenty to discuss - Last Post by: KnowsBetter on 08/18/2017 @ 09:22 AMNew Loan Package: Mail or E-sign (by: davidfr)https://forum.brokeroutpost.com/loans/forum/2/337541.htm#1802438Does your Company mail out a physical loan package to be signed and returned by the borrower or have the borrower e-sign their loan package. Please specify if you are a broker or lender. - Last Post by: davidfr on 08/18/2017 @ 08:32 AMLawsuit: Wall Street Giants Violate Antitrust Laws (by: Pat)https://forum.brokeroutpost.com/loans/forum/2/337584.htm#1802430This is not surprising: [url]http://www.mpamag.com/news/lawsuit-claims-wall-street-giants-colluded-in-violation-of-antitrust-laws-76343.aspx[/url] - Last Post by: Pat on 08/18/2017 @ 03:52 AMJews Were Forced Out The Back Door By Neo-Nazi Rea (by: SuperCoop)https://forum.brokeroutpost.com/loans/forum/2/337585.htm#1802428http://forward.com/news/breaking-news/380116/charlottesville-synagogue-back-door-neo-nazis/ As white supremacists converged on a Charlottesville park for their violent “Unite the Right rally, some of them menaced the citys historic Beth Israel synagogue during Shabbat services, standing across from the building with semi-automatic weapons in their hands. “Had they tried to enter, I dont know what I could have done to stop them, but I couldnt take my eyes off them, either, wrote Alan Zimmerman, the president of the Reform congregation, about the three neo-Nazis he stared down as congregants prayed inside. Zimmerman, in an essay published on ReformJudaism.org, said that neo-Nazis marching past the building shouted hateful slogans like “Seig Heil, the Third Reichs “Hail Victory shout. He added that the synagogue had retained an armed guard, after the Charlottesville police department failed to provide the synagogue with security on Saturday. The synagogue took other precautionary measures, due to calls on far-right Web sites for the building to be burned. Zimmerman said that he and the rabbis decided to remove the congregations Torah scrolls to a more secure location. Read more: http://forward.com/news/breaking-news/380116/charlottesville-synagogue-back-door-neo-nazis/ Hard to believe this is the USA 2017 ...try explaining this BS to your kids - Last Post by: SuperCoop on 08/18/2017 @ 03:49 AMWhats your non-QM question? (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337591.htm#1802416Via email... Were heading into the studio with Tom Hutchens, Senior Vice President of Angel Oak Mortgage Solutions, the nations largest non-QM lender. Were looking for questions from top originators like you who are curious about non-QM loans and alternative lending programs. This video is being created to help address the biggest questions when it comes to non-QM loans and alternative lending. We will feature your name, company and Twitter handle in the video. The video will be shared on nmp, mnn, YouTube, Facebook, and on Twitter with a mention of your Twitter name on nmps Twitter account. So follow this link and share your question. You must have a Twitter account and we need your question by 2 p.m. EDT on Friday, August 17. PS: We cant answer everyones question on the video, but we will try to accommodate as many as we can and will certainly have someone get back to you from Angel Oak with an answer. Joel M. Berman - CEO - Publisher - Executive Producer Mortgage News Network Inc. Publishers of National Mortgage Professional Magazine Phone (516) 409-5555 x 310 E-Mail: Joel@MortgageNewsNetwork.com - Last Post by: KnowsBetter on 08/17/2017 @ 5:59 PMFHFA extends HARP for another year (by: waynepbright)https://forum.brokeroutpost.com/loans/forum/2/337587.htm#1802415The Federal Housing Finance Agency is extending its Home Affordable Refinance Program for another year, the agency said Thursday. Fannie Mae and Freddie Mac have already refinanced 3.4 million homeowners through the program. But the government-sponsored enterprises regulator says another 143,000 GSE borrowers with high loan-to-value loans could still benefit from a refinancing through the program. Source: National Mortgage News - Last Post by: waynepbright on 08/17/2017 @ 5:47 PMLove this idea! (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337590.htmJulian Assange Could be Pardoned for Info About DNC Leak Source http://tinyurl.com/y9vaadlh California Rep. Dana Rohrabacher met with WikiLeaks founder Julian Assange Wednesday in an effort to obtain information about the source of a leak of Democratic officials emails. Rohrabacher told The Daily Caller in an exclusive interview Thursday that Assange is hoping to leave the Ecuadorian embassy in London where he is currently in asylum, and that during the meeting they explored “what might be necessary to get him out. The congressman told The Daily Caller that “if [Assange] is going to give us a big favor, he would obviously have to be pardoned to leave the Ecuadorian embassy. Assange took asylum in the embassy in August 2012 after facing assault charges in Sweden. The Justice Department also reportedly wants to charge Assange for helping Edward Snowden, a former NSA analyst, leak thousands of classified documents. “He has information that will be of dramatic importance to the United States and the people of our country as well as to our government, Rohrabacher said. “Thus if he comes up with that, you know hes going to expect something in return. He cant even leave the embassy to get out to Washington to talk to anybody if he doesnt have a pardon. Obviously, there is an issue there that needs to be dealt with, but we havent come to any conclusion yet. The U.S. intelligence community has said Russia was involved in the hacking and leaking of emails from the Democratic National Committee during the presidential election. Assange has continued to maintain that Russia was not WikiLeaks source and has long maintained that he would never reveal a source. More at the link. - Last Post by: KnowsBetter on 08/17/2017 @ 4:38 PMCan you help out an old LO? (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337200.htm#1802406I am a 71 year old man, living in a mobile home senior park. We had record breaking rains this winter and my roof leaks badly and needs a new roof! There is interior damage to walls, floor, ceiling and ruined carpet. My homeowner insurance denied my claim by saying they dont insure older roofs!In am a low income senior trying to live on a SS check of only $ 915/mo. Also, I need a new computer tower as the one I use is outdated and the modem is too. I am on Windows XP. I need the puter to get back into the loan origination business doing mortgages again. I can send pics of damage if anyone wants to see them. I am embarrssed to ask for help, but I have no other option! My name is Bruce Schmauder and I am on gofundme.com and facebook. Whatever you can donate would surely be appreciated! - Last Post by: KnowsBetter on 08/17/2017 @ 4:27 PMBank Statement Loan for Rural Property? (by: thefinanceguy)https://forum.brokeroutpost.com/loans/forum/2/336050.htm#1802386Long shot but thought Id double check. Have a prospect in Tx looking to purchase a property on 110 acres. SE, 700+ fico putting 20-25% down needing a bank statement loan. Max is usually 10 acres and most lenders wont do rural on that product. Anyone? - Last Post by: thefinanceguy on 08/17/2017 @ 2:25 PMThe Difference A BUCK makes (by: bmd)https://forum.brokeroutpost.com/loans/forum/2/337586.htm#1802380LP file close to closing went from Accept to Caution r/t refi (paying off a HERO) oo sfr 679 fico (limited credit) 400k loan amount Streamline Accept (1 yr self employed) Ran it a million times and couldnt figure why it went from Accept to Caution. Lowered LTV, increased income, etc...... Finally; once the new PITI was lowered by $1 from current PTIT it turned to an Accept. Crazy - Last Post by: bmd on 08/17/2017 @ 1:56 PMFundingSuite Credit Supplements (by: azmann)https://forum.brokeroutpost.com/loans/forum/2/337540.htm#1802372Does anyone use FundingSuite and if so, how long have your credit supplements been taking lately? I have one still pending from 7/28 <i>and</i> I provided documentation from the creditor. - Last Post by: azmann on 08/17/2017 @ 12:45 PM3 More Business Leaders Leave Trumps Manufacturin (by: KnowsBetter)https://forum.brokeroutpost.com/loans/forum/2/337572.htm#1802370Actions speak for themselves http://www.npr.org/sections/thetwo-way/2017/08/15/543679981/trump-cites-grandstanders-after-another-executive-leaves-his-business-council - Last Post by: KnowsBetter on 08/17/2017 @ 12:25 PMAccount transfers / Large deposits only? (by: fdg34gh3thh)https://forum.brokeroutpost.com/loans/forum/2/337580.htm#1802345Do all transfers in need to be source, or only large transfers over half of qualifying income? Has checking account linked to outside bitcoin account. Some transfer in amounts are more than half his monthly income, some are less. Will underwriting want all of the transfers sourced or only the large transfers? For example, if income is 10,000 and he has 5 transfers in for 4,000 each is he good or will they need to be sourced? - Last Post by: fdg34gh3thh on 08/17/2017 @ 11:02 AM