Now that Abdullah has conceded the Afghan election, what will hold obama back from sending more troops as requested by HIS hand picked General? Soros, Pelosi? We are there to win. This guy hasn't a clue on what it takes to win a war. Community organizing doesn't qualify. If he doesn't want to win, then we need to pull out. Our military deserves better than that, we owe it to them. This guy could give a rat's a_ _. He's too tied up with this garbage health care bill and stumping for the dems.
- Last Post by: Oracles on 11/03/2009 @ 1:33 PM
What is the verdict on voice broadcasting FHA call list, this will be purchased from a BO member but overall I am looking for feedback from those of you that have invested in this type of telemarketing?
Thanks a bunch!
- Last Post by: Agent177 on 11/03/2009 @ 1:33 PM
I have been asked to try to find a way to monetize the accounts receivable for a surgeon. The total AR is roughly $14MM. I am told that the AR is backed by the government. Does anyone have any direction as to how this can be done? Any help is appreciated.
- Last Post by: stuartg on 11/03/2009 @ 1:32 PM
I generate my own buyer loans through my successful real estate company that focuses on 1st time buyers. Anyone know of the best bankers I could do business with, with best pricing, processing, and splits (and least amount of funny business like skimming off the top).
Please help, I have loans I need to get in the pipeline asap.
- Last Post by: joconell on 11/03/2009 @ 1:31 PM
Mine is down due to falling bond yield and negative
employment and foreclosure rates. The forecast
collapse of the commercial property market by Wilbur Ross
will further fuel investors' concern and they will move
into buying bonds and other fixed incomes, thus influencing
rates to come down if the Fed is still buying MBSs at regular
pace.
Any views?
Peter
- Last Post by: musicman on 11/03/2009 @ 1:28 PM
Ford reported a profit of one billion dollars for the third quarter.
http://news.yahoo.com/s/ap/20091102/ap_on_bi_ge/us_earns_ford
- Last Post by: benjamin on 11/03/2009 @ 1:25 PM
Is it Senate Leader Reid?
http://thehill.com/homenews/senate/66005-reid-reassures-the-left-lieberman-is-on-board
Or, is it Senator Lieberman?
http://www.foxnews.com/politics/2009/11/03/lieberman-denies-report-secret-deal-reid-health-care/
- Last Post by: Mandyvilla on 11/03/2009 @ 1:24 PM
Odd situation.
Borrower A (Andy) and Borrowers B and C (Betty and Chaz) purchase a duplex 3 years ago for $825k w/ 20% down. Betty and Chaz were married and they are 50/50 owners as Tenants in Common with Andy who owns the other 50%. They each put half of the 20% down payment and Andy lives in one side and BnC in the other.
Fast forward 3 years and Betty and Chaz are going through a bad divorce. The duplex was just appraised by an independent appraisal for the divorce proceedings at $660k.
Chaz is moved out and hasn't made any payments for a year.
Andy and Betty were approached by mutual friend (Mary) from the midwest who wants to purchase 50% of the duplex for $320,000 cash.
Mary doesn't want to be on the loan, but will own 50% as TIC with Andy and Betty, who will own 25% each and live together in Andy's side (I'm not sure if this last little detail has anything to do with the bitter divorce...I didn't ask).
Andy was laid off a year ago and has done contract work since, so we can't count his income. Betty has some income, but not enough to qualify, but Betty's Dad will co-sign as a non-occupant coborrower and he has a ton of money and good income.
How the heck do I structure this deal and is it even possible? Is it a purchase? Is it a refinance?
- Last Post by: crankyusi on 11/03/2009 @ 1:17 PM
Large Balance Project Lending Program
100% Loan to Cost
Funding Terms
- Loan Amounts 100 Million and up only
- Developer puts $200,000 (Fee varies by Loan size) into Bonded Escrow Account with North American Title for Bank Transmission Fees.
-This deposit is held in an escrow account of Lender and Borrower and will be used only by the terms of the escrow agreement by the lender to generate a credit facility to make the funding of this loan possible. The deposit will not be allowed to move from the account or be encumbered in any way by either party. The deposit will be released back to the borrower, with no restrictions, after 30 days have passed from the time the deposit was made, if this loan has not closed, at which time, the escrow agent will without delay send funds in the amount of $200,000.00 back to the borrowers designated account in escrow agreement.
How it Works
-Facilitator purchases a Stand By Letter of Credit with HSBC New
York (or other designated top 10 bank if HSBC is not utilized) for double the Amount of money required.
-The Stand By Letter of Credit is then Monetized and the Funds for the Project are created.
-The Lender then purchases a 2nd SBLC and 50% of the cash goes to the Borrower and 50% to purchase the 2nd Instrument as collateral.
-The Lender invests the 2nd SBLC as they see fit.
-3 Year Loan Term, No Repayment required during the 3 years
-No Interest on Loan therefore no Interest Reserve is required.
-3 Year Balloon Loan
-Lender pays all 3rd Party Costs.
-No Prepay Penalty
-No Equity Participation by Lender
-No Presales required
-Non Recourse Loan
-Lender takes no Lien on Project, the Stand by Letter of Credit stands as the only collateral for the Loan.
-SBLC cost is 10% of Loan Amount which is deducted from
Proceeds.
-Closing Costs and Attorney’s Fees paid by Lender.
-Normal Timeframe to close under 30 Days.
-Money is released in Entirety, no Construction Draws.
- Last Post by: nancy.mortgage on 11/03/2009 @ 1:17 PM
<b><font color="green"><u><font size="4">$30.00-$38.00</font id="size4"></u></font id="green"></b>
Nationally run loan modification television commercials that produce very high quality exclusive inbound call proven with our own retail division to close at approx 20%. (10 orider minimum)
<b><font color="green"><u><font size="4">$10.00-$12.00</font id="size4"></u></font id="green"></b>
Exclusive internet leads provided in real time as the homeowners submit:
Name, Address, Phone, Email address, Name of Lender, Interest rate, Type of loan, Loan balance, and monthly loan payments. (30 order minimum)
- Last Post by: firststarmedia on 11/03/2009 @ 1:15 PM
Any suggestions? I have a horrible sore throat and even talking which is 95% of my work is killing me right now. My throat feels like I gargles with broken glass. What works best over the counter to numb this so I can get some sales done?
- Last Post by: crankyusi on 11/03/2009 @ 1:13 PM
Is there anyone who will do a VA with borrower having no FICO's. He had a credit card in 1996. The only other items since then have been medical collections. Credit report has NO FICO's. Thanks in advance for any input.
- Last Post by: LO1003 on 11/03/2009 @ 1:11 PM
Here you go guys and gals...Best SNL music video ever...
Funny as hell...it does have some language in it...you were warned...
http://video.google.com/videoplay?docid=4728642223778346537#docid=-2119542735216744962
"We are going to need a clean up in aisle 3"...LOL
- Last Post by: Gabriels on 11/03/2009 @ 1:05 PM
http://msn.foxsports.com/other/story/10315260/Sportscaster-Nantz-to-pay-ex-wife-$916K-a-year#tb
916K per year
70K per Month Alimony
4K per month Child support
70K Counrty Club Membership
The Home & A Condominium in westport.
1/2 The SAG Pension.
He pays for the college
He get the 29yr Old Mistress
- Last Post by: carriemaese on 11/03/2009 @ 1:02 PM
Hello,
I have a client who is investing in 3 units. I was wondering what the lowest down payment is available? She would like 20% down but I told her it's mainly 30% Is that correct? Or does anyone have something for less than 30%down.
Thank you,
Melinda (you can email me to my email below..thank you again for your time)
melinda@powerhousemortgage.com
- Last Post by: melemel on 11/03/2009 @ 1:00 PM
Pretty big hit don't ya think? Maybe I am wrong. I guess purchase biz is all that is left.
- Last Post by: zpaperkid on 11/03/2009 @ 1:00 PM
This was an email that was sent to me by a friend that knows many higher ups in the CIA. This could be better than the Van Jones story....
"This Sunday Fox news, is going to air a very important documentary about Barack Obama, <font color="red">Sunday night at 9 PM Eastern. </font id="red">
The report will go back to Obama's earlier days, showing even then his close ties to radical Marxist professors, friends, spiritual advisers, etc. It will also reveal details about his ties to Rev. Wright for +20 years i.e. how he was participating with this man, and not for the reasons he states!
The report has uncovered more of Obama's radical past and we will see things that no one in the media is willing to put out there. It will be a segment to remember.
Mark your calendar and pass this on to everyone you know: <font color="red"> Sunday night, 8 PM. CT; 9 PM ET.</font id="red"> Democrat or Republican, this report will open your eyes to how YOUR country is being sold down the road to Totalitarian Socialism. If you care about the direction of our country, pass this notice on to everyone you know..."
- Last Post by: datalyst on 11/03/2009 @ 12:58 PM
Scenario---son in law and wife buying one of mother-in-laws homes. Not mothers primary residence, i believe it was rented out.
Son in law is fha qualified--
<b>Whats the guideline regarding seller(mother-in law)payment history on her current mortgage for that non primary house?</b>
I have been told no 30 day lates in her 12 mo hist., in order for her to sell and son--in-law to get max fha financing..she has a one 30 day late..in last 12 mo.
Anyone?
- Last Post by: MarkIFC on 11/03/2009 @ 12:55 PM
I need an approval asap on this loan. 760 fico, owner occ 90% purchase,full doc. 10k monthly income in CA, 376,000 loan amount. 2 issues:
1. The spouse, who will not be on this loan has a home that is in default. She paid the mortgage for 4 1/2 years, but it was a negam loan and the loan re -casted. They tried to work with the bank, but the Bank told them that they couldn't help unless their loan was in default. She is currently working with the lender to see if they can do a short sale or any other available options.
The husband, who is the borrower here, was not on title of that property or on the loan. This purchase he is doing by himself and the wife will not be on title.
2. The property they are interested is a flip property and the seller has owned it for 1 month.
Please let me know if you can work with one or either issue. Please e-mail me at Msa0683@yahoo.com
- Last Post by: Msa0683 on 11/03/2009 @ 12:54 PM
Guys, who do you use for running credit report? I'm using Acranet / CES Branch now..Does anybody know cheaper company? I pay $22.00 per single / joint credit report, supplements are with no charge, re-scoring is 150 for Experian, Equifax, Trans Union.
Thank you for answers in advance :))
- Last Post by: CreditTechnologies on 11/03/2009 @ 12:39 PM
Are there any lenders that allow more than 4 financed properties?
Thks
Mapiye
- Last Post by: djacobson on 11/03/2009 @ 12:33 PM
Where can I go with a FHA streamline on a manufactured property with a 640 FICO and clean mtg history??
- Last Post by: gacero on 11/03/2009 @ 12:30 PM
Does anyone know of a company that allows me to do both real estate and loans at the same time in the State of Idaho? I just passed my Brokers Exam for the State of Idaho and would like to hang my license with an already established company that allows me to do both real estate and loans. I am a California Real Estate broker who has been doing both for years now and am planning to expand into Idaho.
- Last Post by: toasty on 11/03/2009 @ 12:28 PM
oops
- Last Post by: actionjackson on 11/03/2009 @ 12:26 PM
I have a borrower that owns a home here in Florida that is rented and wants to buy a second home. He is a Canadian resident and I am being told since he already owns a home here they will not let him buy another because it is being considerd as he is buying investment properties. I need a lender that can help get this done.
- Last Post by: kwise6346@verizon.net on 11/03/2009 @ 12:22 PM
Any Idea who would be a good co. for a jumbo in Mi
property value is $950,000--$1,000,000 need at least 70% ltv.
Jerry@ctsmail.net
- Last Post by: towney on 11/03/2009 @ 12:22 PM
Is there anyone doing Foreign National and Canadian loans that do not require 50% down?
Thank you so much...
Jenn
- Last Post by: jpiper on 11/03/2009 @ 12:21 PM
Hi all, any recommendations for a mixed use lender for a "non prime" mixed use property? its not awful, but the regular lenders don't like it and i'm trying to avoid hard money. 1 is in hawaii the other southern california. thx for any info...
- Last Post by: findingfunding on 11/03/2009 @ 12:19 PM
Default Mortgage? Professor Says Get Out
“Fear, shame, and guilt” are preventing Americans from walking away from homes when their mortgages are underwater, even when walking away is the best decision, says a University of Arizona professor of law who studied the issue and wrote a paper on managing the crisis.
“Home owners should be walking away in droves,” writes Brent T. White, an associate professor of law at the University of Arizona.
“The real mystery is not – as media coverage has suggested – why large numbers of home owners are walking away, but why, given the percentage of underwater mortgages, more home owners are not,” the professor says.
White proposes “leveling the playing field” between bank and borrower by amending the Fair Credit Reporting Act to prevent lenders from reporting mortgage defaults to credit bureaus.
“It is time to put to rest the assumption that a borrower who exercises the option to default is somehow immoral or irresponsible,” White writes.
Source: The Wall Street Journal, James R. Hagerty (10/30/2009)
- Last Post by: djorge44 on 11/03/2009 @ 12:17 PM
Anyone know a lender that will allow investment purchase with borrower that currently has 8 mortgages? 60% CLTV, 806 FICO, FULL DOC, GREAT ASSETS ETC?
- Last Post by: ELISEC on 11/03/2009 @ 12:16 PM
have borrower that is trying to pay exwife her equity in home. has been on market for 5 months and he is taking off now. ANYONE who will do this???:
- Last Post by: nowbroker on 11/03/2009 @ 12:15 PM
By Ben Feller, Associated Press Writer
On 12:24 pm EST, Monday November 2, 2009
WASHINGTON (AP) -- President Barack Obama said Monday the public and private sectors must find more ways to create jobs to continue the nation's climb out of an economic recession.
Obama said the economy has pulled back "from the brink" but still has a long way to go, especially in creating jobs. The president said job losses would continue for weeks and months to come and called for bold, innovative action by his administration, Congress and the private sector to create more good-paying jobs.
Obama made the remarks at the start of a White House meeting in the Roosevelt Room with economic advisers. The session was open to reporters and streamed live on the White House Web site.
He also said the U.S. must break out of a "debilitating gridlock on trade policy," by ending the false choice between a wide-open, free wheeling import policy or fearful, protectionist approach to trade. He called for a more balanced policy of letting the world know America wants to compete and trade -- fairly -- with anyone. He gave no specifics.
In opening remarks, Obama credited his stimulus package for recent upticks in economic numbers, including a significant boost in manufacturing that was reported on Monday.
But, he said, "The reason we're here today is because we just are not where we need to be yet. We've got a long way to go. We are still seeing production levels that are significantly below peak levels and most distressing is the fact that job growth continues to lag."
- Last Post by: djorge44 on 11/03/2009 @ 12:15 PM
The econmic meltdown is all better now...OR NOT!!!!
<font size="4">CIT Files Bankruptcy; U.S. Unlikely to Recoup Money </font id="size4">
Nov. 1 (Bloomberg) -- CIT Group Inc., a 101-year-old commercial lender, filed for bankruptcy to cut $10 billion in debt after the credit crunch dried up its funding and a U.S. bailout and debt exchange offer failed.
CIT listed $71 billion in assets and $64.9 billion in debt in a Chapter 11 filing in U.S. Bankruptcy Court in Manhattan. The U.S. Treasury Department said the government probably won’t recover much, if any, of the $2.3 billion in taxpayer money that went to CIT.
The bankruptcy “will allow CIT to continue to provide funding to our small business and middle-market customers,” said Chief Executive Officer Jeffrey Peek in a statement.
CIT, which filed the fifth-largest bankruptcy by assets, said it plans to exit quickly due to support from bondholders, who voted in favor of a so-called prepackaged plan. None of CIT’s operating subsidiaries, including Utah-based CIT Bank, were included in the filing, and operations will proceed as normal, CIT said in a statement.
CIT has $1 billion from investor Carl Icahn to fund operations while it reorganizes. The credit line, to be drawn on until Dec. 31, will be a so-called debtor-in-possession loan. It also expanded its $3 billion credit facility by another $4.5 billion on Oct. 28.
Debt Holders Say No
The company had asked bondholders to exchange $30 billion in debt for new securities and equity. Icahn made a competing offer. After CIT’s offer expired at midnight on Oct. 29, the company said it was tallying 150,000 ballots.
Debt holders rejected the exchange offer, with 90 percent of holders who voted opting for the company’s prepackaged bankruptcy plan.
The failure of CIT’s bank-holding company is the biggest measured by assets since regulators seized Washington Mutual banking unit in September 2008. Washington Mutual and IndyMac Bancorp Inc. are other banks with unmanageable debt that sought court protection to wind down their holding companies. Both put their retail banking units in the hands of the Federal Deposit Insurance Corp. CIT became a bank-holding company in December to qualify for a Treasury bailout.
“Disruptions in the credit markets coupled with the global economic deterioration that began in 2007, and downgrades in the company’s credit ratings” hindered CIT’s ability to obtain financing, according to an Oct. 2 filing with the Securities and Exchange Commission.
Bank of America
According to the petition, CIT’s largest unsecured claim holders were Bank of America Corp., as collateral agent for a $7.5 billion claim, and Bank of New York Mellon Corp., as a trustee for retail bonds with a claim of $3.2 billion. Canadian senior unsecured notes have a claim for $2.1 billion, and Citigroup Inc. also has a $2.1 billion claim as an administrative agent to bank debt due 2010.
CIT had said in its Oct. 2 outline of a prepackaged plan that it would give most noteholders new notes at 70 cents on the dollar plus new common stock, compared with the range of 70 cents to 90 cents and new preferred stock proposed in the exchange offer.
CIT also said it would try to emerge from bankruptcy two months from the date of its filing.
‘Free-Fall Bankruptcy’
CIT, which reported $3 billion of losses in the past eight quarters, received $2.3 billion from the U.S. Treasury on Dec. 31 when it purchased preferred stock and warrants. The company wasn’t given access to the FDIC’s debt-guarantee program.
“We will be following developments very closely with an eye towards protecting taxpayers during the bankruptcy proceeding,” Treasury spokesman Andrew Williams said today in an e-mailed statement. “But as the company’s disclosure on the prepackaged bankruptcy makes clear, with debt holders receiving less than face value of their instruments, recovery to preferred and common equity holders will be minimal.”
CIT said the debt exchange would have given it a quicker reorganization without the cost of defaulting on loans, unwinding derivatives or fees for bankruptcy lawyers.
Icahn, who said he’s the largest bondholder with $2 billion of debt, had initially sought to block CIT’s prepackaged plan, saying bondholders would get a better deal if the company went into a “free-fall bankruptcy.” He offered to buy bonds for 60 cents on the dollar.
Dunkin’ Brands
The company tried to stave off bankruptcy with a $3 billion rescue loan from bondholders in July to see it through a cash crunch. Bondholders stepped in after CIT failed to get another U.S. government bailout or enough loans to permit an out-of- court restructuring.
CIT’s $3 billion facility, arranged by Barclays Plc, included investors led by Newport Beach, California-based Pacific Investment Management Co. and Centerbridge Partners LP in New York. Also providing financing were Oaktree Capital Management LLC and Capital Research & Management Co., both in Los Angeles, and Boston-based hedge fund Baupost Group LLC and Silver Point Capital LP in Greenwich, Connecticut.
“CIT’s liens against its customers’ assets will make it very difficult for them to procure replacement financing without paying off everything owed to CIT,” said Martin J. Bienenstock, a bankruptcy lawyer with Dewey & LeBoeuf LLP in New York. “This could give new meaning to headache and chaos.”
The lender funds about 1 million businesses such as Dunkin’ Brands Inc. in Canton, Massachusetts, and Eddie Bauer Holdings Inc., the bankrupt clothing chain in Bellevue, Washington.
Smaller Borrowers
CIT has said it’s the third-largest U.S. railcar-leasing firm and the world’s third-biggest aircraft financier. It also finances trade in Canada, Europe and Asia by lending to small manufacturers that sell to retailers.
CIT accounts for about 70 percent of all short-term U.S. financing known as factoring, worth about $40 billion a year, according to Ray Ecke, president of Credit Management Resource in Oakland, New Jersey.
In factoring, suppliers and manufacturers sell payments owed for goods and services to companies such as CIT because they need immediate cash. The process gives vendors money to produce goods retailers have ordered. Retailers typically make payments within 90 days. After they do, a factor keeps a fee based on a percentage of the total order.
Subprime Mortgages
“Short term, it’s going to cause some difficulties for startups and smaller borrowers,” said Jean Everett, a partner at Hiscock & Barclay focusing on financial institutions and lending. “CIT lent across so many sectors it’s sort of difficult to predict how it’ll affect each sector.”
CIT fell 23 cents to 72 cents in New York Stock Exchange composite trading on Oct. 30. The stock is down 84 percent year to date.
Peek, 62, who joined CIT in 2003 after failing to land the top job at Merrill Lynch & Co., pushed the lender into subprime mortgages and student loans to pump up growth.
Assets at CIT jumped 77 percent from 2004 to the end of 2007 as it acquired companies that focused on vendor finance, education lending and medical, construction and industrial equipment loans. Net income surpassed $1 billion in 2006, a 39 percent increase over two years.
CIT’s $500 million of notes due Nov. 3 fell to 68 cents on the dollar as of Oct. 29 from 80 cents at the beginning of the month, according to Trace, the bond-price reporting system of the Financial Industry Regulatory Authority.
CIT’s bankruptcy filing was made by Skadden, Arps, Slate, Meagher & Flom LLP, which the company said on July 11 it had hired as a legal adviser.
The case is In re CIT Group Inc., 09-16565; U.S. Bankruptcy Court, Southern District of New York (Manhattan.)
To contact the reporter on this story: Tiffany Kary in New York Bankruptcy Court at tkary@bloomberg.net; Lester Pimentel at lpimentel1@bloomberg.net; Dawn McCarty in Wilmington, Delaware, at dmccarty@bloomberg.net.
Last Updated: November 1, 2009 18:37 EST
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3.t_GrxbL2U
- Last Post by: rudeness on 11/03/2009 @ 12:15 PM
http://business.rediff.com/report/2009/nov/03/al-gore-may-become-worlds-first-carbon-billionaire.htm
This guy............how people buy into his schnit.
- Last Post by: paulsof1 on 11/03/2009 @ 12:14 PM
FIRST: FULL DISCLOSURE
The publisher of the information I'm about to
share with you has an affiliate program. I am
an affiliate. I receive a VERY SMALL commission
for each sale through my link... less than $36.
That's not my primary reason for posting this.
When my company decided to get involved in
originating FHA loans I knew it would be important
to provide a source of training for those who have
no FHA experience.
I looked around at every FHA training program I
could find. What I found is this... there is a lot
of good stuff out there but most of it is very
expensive... live seminars, online webinars and "guru"
training packages... most of them in excess of $500.
I have the FHA underwriting guidelines handbook...
good luck with that... lol... and I've been to the
freefhatraining.com website... very good but somewhat
limited. The audios are well done but you really need
more than that if you're going to do FHA the right way.
What I found was a comprehensive training program that's
presented in a way that the average person can understand
the ins and outs of originating FHA loans.
The program is certified for CECs in 35 states, is used by
the NAMB and many state broker associations... and many major
lenders.
The best part is this... not only is it the best
program I've found, it also happens to be the least
expensive... only $97. That's incredibly cheap for
everything included. They even include a great little
marketing plan for developing FHA business.
And it comes with an unconditional 30 day money back guarantee.
If you want to get more details click this link...
[url]http://www.FHATrainingPro.com[/url]
Tsnyder
- Last Post by: Tsnyder on 11/03/2009 @ 12:14 PM
Ordered thru Wells on last Thursday early in the AM...they saw the property the next day at noon...and I had my notice in my email at 3:30PM on Monday the appraisal was done.
I must say...nice job...
- Last Post by: lemeuss on 11/03/2009 @ 12:13 PM
What do you do if you are trying to refinance a client who loans currently has MI. Does it matter if its borower paid MI or Lender paid MI.
can one still keep the MI, or does one has to get rid of the MI to get the new refinance done?
I have read some guides that say you can't have MI and then Freddie Mac says;
For an LTV ratio greater than 80 percent:
* If the mortgage being refinanced has mortgage insurance coverage, then the same mortgage insurance coverage percentage must be maintained for the Relief Refinance Mortgage – Open Access.
* If the mortgage being refinanced does not have mortgage insurance, then no mortgage insurance coverage is required for the Relief Refinance Mortgage – Open Access.
* Refer to Guide Chapter B24.4 for special delivery requirements related to mortgage insurance for Relief Refinance Mortgages – Open Access.
Any help is appreciated!
- Last Post by: kkhanna on 11/03/2009 @ 12:10 PM
Aged Loan Modification and Debt Settlement Leads CONVERT...These people still need help!
The leads were never transferred as a Live Call previously. Some time has past (no more than 30 days) and a majority of these people never received no help at all from their initial inquiry simply because no one called them back.
Bottom line, there is gold in these leads and the price is right! Aged Loan Leads can help your business save money and grow today!!
No hassles with waiting for calls. If you're ship isn't coming in, swim out to it right?!
Call for details!
Regards
Sebastian Rusk
Kayne Consulting Corp
786-273-7875 direct
sebastian@rusk.com
www.KayneConsulting.com
- Last Post by: srusk23 on 11/03/2009 @ 12:09 PM
Wow....Guess the Tea Party members really do have some clout.
http://73wire.com/trail/2009/10/new-siena-poll-hoffman-owens-to-close-to-call-dede-drops-out/
- Last Post by: VVance on 11/03/2009 @ 12:07 PM
Wow , if the Phils can take game 6 it may set this up as one of the most exciting and watched World series in years , what a nail biter
Utley is SICCCCCKKKK , what a swing !!! , will be beat Mr. Octobers record for HRs ?
- Last Post by: CoralSnake on 11/03/2009 @ 11:53 AM
Perfect buyer 730 fico low DTI, have reserves, SFR, OO, CA, 90% LTV, can't get MI due to seller not having the 90 days of ownership.
- Last Post by: lucky1s on 11/03/2009 @ 11:42 AM
Just figured it was time for a laugh. http://tinyurl.com/yc5sas
- Last Post by: carriemaese on 11/03/2009 @ 11:41 AM
http://www.cnbc.com/id/33590153
An interesting report today from the Mortgage Bankers Association shows business may be better than we think for their people.
Independent mortgage bankers and subsidiaries made an average profit of $1,358 on each loan they originated in the second quarter of 2009, according to the Mortgage Bankers Association (MBA). This profit marks an increase from the first quarter of 2009 when profits averaged $1,088 per loan, according to the MBA's most recent Quarterly Mortgage Bankers Performance Report. This report measures the performance of independent mortgage bankers and subsidiaries of banks, thrifts and hedge funds.
The increase was fueled by the continuing refi boom. The increase in production volume made it easier for lenders to spread out their fixed costs over a larger number of loans, and that increased net profits. Also, the MBA notes, purchases picked up "as homebuyers with good credit took advantage of low interest rates." FICO scores of the average borrower rose, and that increased pull-through rates (that's the rate at which a borrower who applies for a loan actually gets the loan). I'm liking the higher caliber borrowers in today's environment.
Now here's the important part:
96 percent of the firms in the study posted pre-tax net financial profits in the first quarter 2009. In the first quarter 2009, 85 percent of the companies posted profits. Only 53 percent of the companies were profitable in the fourth quarter 2008.
Some positive news in an otherwise slow and dreary housing recovery.
- Last Post by: jfrederick on 11/03/2009 @ 11:35 AM
Haven't had one of these in a long time, but looking for a lender that will take an approve eligible FHA rate/term refi with a 56% DR. Having trouble locating a lender.
- Last Post by: jeffrey0 on 11/03/2009 @ 11:35 AM
10/30/2009 9:14 PM
Golf season may be coming to a close in South Dakota, but golf cart sales may soon pick-up. It's not cash for clunkers, but it could be called 'cash for carts.'
The IRS says golf carts qualify for a tax credit under the Energy Improvement Act, which is part of the 700 billion dollar bank bailout.
The Energy Improvement and Extension Act of 2008 was put in place to promote the use of alternative energy, and gives homeowners tax breaks for making their home more energy efficient, but it also includes golf carts.
"It kind of took us by surprise, we're just kind of watching all this, the housing market, and the auto market, and then all of a sudden it hit us," Toby Bertsch of NB Golf Cars in Sioux Falls said.
Electric golf carts are considered energy efficient vehicles and qualify for tax credits under the bank bailout and the federal stimulus program.
"It's a great deal, some of these units are half price," Bertsch said.
But there is a catch, the golf carts have to be electric, street legal and plug into the wall. Golf cart manufacturers like Club Car are now making street legal carts that can go up to 35 miles per hour.
"It's a whole different body style. It's got a new battery system in it, the actual name of it is called LSV, which stands for Low Speed Vehicle," Bertsch said.
NB Golf Cars in Sioux Falls doesn't have any in stock right now but already has a waiting list and dozens more ordered.
"One in particular is right around nine thousand dollars and the actual rebate is about 42 hundred on that one," Bertsch said.
Tax credits start at 25 hundred dollars and can be as high as seven thousand depending on the capacity of the battery.
KELOLAND News: Is this kind of a bailout for golf carts?
"Yes and no, people are still buying golf carts even in the economy the way it is. But, this is kind of a neat deal because a person that doesn't normally golf every day might look at this and say, hey, maybe this is for me even though they don't golf," Bertsch said.
To qualify for the tax credit you have to buy these specialized street-legal golf carts before the end of the year.
http://www.keloland.com/NewsDetail6162.cfm?Id=0,92023
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Last Update: 10/28 7:54 pm
Florida, U.S.A. - Why does Florida's cart dealer suddenly have so many customers?
It’s a mini spending spree, reported by similar dealers across country, that is fueled with your tax dollars.
“No, they're not golf carts,” said Tony Colangelo.
That's an important point because under the stimulus bill signed by President Obama earlier this year, if you buy an electric vehicle, you get a check back from Uncle Sam for up to $7,500, depending on the size of the batteries it uses.
But the tax credit goes only to vehicles primarily used on the road. Don't call them golf carts!
“It’s an LSV car,” Tony said.
That's why the IRS just certified the vehicles as eligible for the tax credit. One model costs less than $9,000, but gets a federal rebate of $6,500. That's more than the $4,500 car buyers got from the Cash for Clunkers program, and they had to turn in an old car to get it.
It's nearly as much as the soon-to-expire first-time homebuyer tax credit of $8,000 -- and that's to buy a whole house! Customers love it. One said, "I only came in because I was impressed with the fact of the rebate."
"I could foresee using this for all our driving within our community,” said another customer.
The little vehicles can be souped up -- at about $18,000, the Hummer model is pricey. Those who act now get $6,000 back from the government.
The IRS emphasizes that this tax credit does not go to golf carts. It is meant strictly for electric vehicles, primarily used on actual roads.
Officials also point out that the tax is a temporary one with a deadline of December 31.
http://www.13wham.com/news/local/story/Where-Your-Money-Goes-Golf-Carts/Y8BMltMSZkmS9RyqwX5yJQ.cspx?rss=102
- Last Post by: craigppls on 11/03/2009 @ 11:34 AM
11/03/09
Anybody know a good net branch in Fairfax, Virginia ?
The more detail the better. If not it's fine, too.
Thanks for sharing your info.
Contact: Phil Lee
Email: MortgageCentral@Yahoo.com
- Last Post by: shea1 on 11/03/2009 @ 11:33 AM
November 3, 2009 | 9:54 am
Los Angeles Clippers owner and real estate mogul Donald T. Sterling has agreed to pay a record $2.725 million to settle allegations that he discriminated against African Americans, Hispanics and families with children at scores of apartment buildings he owns in and around Los Angeles.
The settlement, which must be approved by U.S. District Judge Dale S. Fischer, is the largest ever obtained by the Justice Department in a housing discrimination case involving apartment rentals, officials said.
If approved, the settlement would also resolve a pair of lawsuits by former tenants of Sterling who alleged they were discriminated against because of their race.
Under the agreement, Sterling and his wife, Rochelle, would pay $2.625 million to a fund for people who were harmed by their discriminatory practices, officials said. They would also pay a $100,000 penalty to the government.
“The magnitude of this settlement demonstrates our commitment to vigorously prosecute violations of the Fair Housing Act,” Thomas E. Perez, head of the Justice Department’s Civil Rights Division, said in a statement. “With tight mortgage credit and rising foreclosures, it is more important than ever that minorities not face discrimination when renting apartments.”
The Justice Department sued the Sterlings three years ago, accusing them of favoring Korean tenants while seeking to exclude blacks and families with children. Through their Beverly Hills Properties, the Sterlings own and manage about 119 apartment buildings with some 5,000 units in Los Angeles County, according to the Justice Department.
In court filings, Justice Department lawyers presented evidence that the Sterlings made statements “indicating that African Americans and Hispanics were not desirable tenants and that they preferred Korean tenants” occupy buildings they owned in Koreatown.
Had the case gone to trial, an expert would have testified that an analysis of the Sterlings' rental practices in Koreatown revealed that they rented to far fewer African Americans and Hispanics than would be expected, based on demographics. As part of the settlement, the Sterlings will be required to pay for an independent contractor to monitor their employees' compliance with the Fair Housing Act over the next three years. The results of the tests would be reported to the Sterlings and to the government.
-- Scott Glover
strange, isn't he jewish?
- Last Post by: craigppls on 11/03/2009 @ 11:30 AM
<font color="red"><i><b><center><font size="4">Often <font color="black">Imitated</font id="black"> - but<font color="black"> Never Duplicated</font id="black"></font id="size4"></center></b></i></font id="red">
<b><center><font size="3">[url="http://tinyurl.com/Broker-Outpost-Member-Pricing"]Real Estate Datalyst.com[/url]</font id="size3"></center></b><hr noshade size="1"><center><font size="3">WE MINE & SELL OUR OWN DATA - WE ARE NOT DATA RESELLERS…</font id="size3"></center>
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We would like to do business with you, so if you have further questions please don't hesitate to contact us.
Thank you and have a great day,
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<font color="blue">support@RealEstateDatalyst.com</font id="blue">
- Last Post by: InfinitySteve on 11/03/2009 @ 11:30 AM
My borrower took his to the IRS and got them stamped on Sept. 2
Lender 4506 just came back on Oct. 27th with the figures from the orignal returns
Called the IRS and the said the return was processed on the 28th of Sept and will take approx. 12-16 weeks
I THOUGHT, HEARD, READ, AND WAS TOLD 4-6 WEEKS
- Last Post by: carriemaese on 11/03/2009 @ 11:30 AM
Joined a few months back and then got VERY busy with deals. Actually never even fully logged in. See I'm still being charged, my choice, but I can't remember log in, password or which e-mail I provided. Name is David Thompson.
Thanks,
DT
- Last Post by: CoralSnake on 11/03/2009 @ 11:24 AM
Am I having a senior moment or did I read that correctly?
- Last Post by: pdm on 11/03/2009 @ 11:20 AM
borrower owns property free and clear. wants to build primary residence with VA entitlement...
- Last Post by: nowbroker on 11/03/2009 @ 11:19 AM
<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 11/03/2009 @ 11:19 AM
<center><b><font color="red"><font size="5">MORTGAGE TRIGGER LEADS!</font id="size5">
<font size="3">NEW WITH FANNIE MAE INDICATOR!!</font id="size3"></font id="red"></b>
<b>
FICO,loan amount, late(s)?, credit card amount, geography, DNC scrubbed</b></center>
<center><b><font color="blue"><font size="4"><u></u>PERMANANT PRICE REDUCTION ON TRIGGERS!</center></b></font id="blue"></font id="size4">
<b><center>THESE ARE CURRENTLY CONVERTING BETWEEN .5-3%</center></b>
Over the last few years Best Rate Referrals has handled many trigger lead orders. Based on our recent volume marks we have acquired much better pricing for our clients. Therefore to celebrate this achievement we are going <b>REDUCE OUR PRICING FOREVER</b>!!
<b>On TRUE DAILY TRIGGERS (less than 36 hrs old)
Buy 500 TRUE daily trigger leads for $375 (75 cents per lead)
Buy 1,000 TRUE daily trigger leads for $700 (70 cents per lead)
Buy 2,000 TRUE daily trigger leads for $1,300 (65 cents per lead)
Buy 5,000 TRUE daily trigger leads for $3,000 (60 cents per lead)
Buy 10,000 TRUE daily trigger leads for $5,500 (55 cent per lead)
WEEKLY TRIGGERS (3 days to 9 days old)
Buy 1,000 Weekly trigger leads for $550 (55 cents per lead)
Buy 2,000 Weekly trigger leads for $1,000 (50 cents per lead)
Buy 5,000 Weekly trigger leads for $2,400 (45 cents per lead)
Buy 10,000 Weekly trigger leads for $4,200 (42 cent per lead)
AGED TRIGGERS (10 days to 30 days old)
Buy 1,000 AGED TRIGGER leads for $650 (45 cents per lead)
Buy 2,000 AGED trigger leads for $1,200 (43 cents per lead)
Buy 5,000 AGED trigger leads for $2,750 (41 cents per lead)
Buy 10,000 AGED trigger leads for $5,000 (38 cent Sper lead)</b>
EVERY ORDER IS PLACED DIRECTLY WITH THE BUREAU BY ME ON YOUR BEHALF INCLUDING ALL APPROVAL PAPERWORK THEY REQUIRE!
You can see this is a great deal compared to our old pricing shown here...
http://bestratereferrals.com/trigger.html
If you have any questions OR if you just want to find out how many triggers per day (on average) are in your area please post or email away! I can run a count for the last couple weeks daily and it will show you how many fit YOUR CRITERIA. Did you know you can select FICO, balance, credit card debt, lates or not, as well as a few other filters.
- Last Post by: raymondb on 11/03/2009 @ 11:19 AM
Calling out to any other Loan officers that have worked with Envision Lending or Essex. As of January 1 they will be part of Essex Mortgage. Does anyone know how the service is? Do you think my pay is safe on loans I close before then?
Any information would be helpful?
Scary times
Thanks
- Last Post by: lshaull on 11/03/2009 @ 11:19 AM
<center><font color="blue"><b><font size="6">Want your Own Call Center?</font id="size6"></b></font id="blue"></center>
<center><font color="red"><b><font size="4">I will build it with a money back guarantee!!!</font id="size4"></b></font id="red"></center>
<font color="red"> LAST UPDATED: April, 2009</font id="red">
If you have been thinking of hiring a telemarketer or starting a small center this thread is for you...
We have been experiencing a higher percentage of lead per hour on a lot of our call campaigns. We do some purchase lead campaigns, refi, and loan mod lead generation as well. It seems like recently the number of leads per hour has gone up almost 150%. I follow this type of market response for various reasons but over all it shows me demand from consumers for help. Not a bad time for a call center!
If you take the recent demand from the market, no matter what your calling for, you should be expecting better responses all around. Its a great time to get a TM or two and pound a sold targeted list. As long as you hit that list consistently in the evening time you will have good success.
I wanted to share the best thing I have for any one looking to cold call or start their own call center. If you are looking to set up one or two agents dialing for you this would be the place to start.... http://bestratereferrals.com/consulting-lpbp2.html
On the other hand if you are looking to start out with 5+ reps and or you have 5+ reps now that are manually dialing you need to ramp it up. This is the package you need....
<b>I will fully set your call center up and train your reps in person with a MONEY BACK guarantee!! One call center business model will generate over 750 Exclusive in house leads for every 5-6 agents you have. I include everything from the dialer, phones, computer, lists, set up, and 5 days of training your reps. This package normally runs $19,700. We NOW have the ability to offer NET terms on this call center so you don't have to come out of pocket for the entire thing up front!!!
Remember that includes everything listed above with a written guarantee that you will make your money back within the time I am in your office. You own the dialer, software, licensing, tech support and parts and labor along with 25k targeted names to start you out. All hiring and training materials will be included. You can view more about this package here....
http://bestratereferrals.com/mortgage_lead_generation.html </b>
If anyone has any questions regarding cold calling to earn business please let me know. As the industry suffers and the election nears we all need to stay focused!
<b><font color="red"><font size="5"><center>LET'S SMILE AND DIAL!</center></font id="size5"></font id="red"></b>
<b></b>
- Last Post by: raymondb on 11/03/2009 @ 11:19 AM
<b><font color="blue"><font size="4"><u>Become a LAW FIRM REFERAL center</u></font id="size4"></font id="blue"></b>
Now accepting applications and bringing on qualified referal center branches under a nationally networked LAW FIRM. Qualified loan modification enrollment offices will be able to stay far ahead of the many compliance issues you are being faced with right now; as well as bringing a very high level of credibility to the homeowner.
<b><font color="blue"><font size="4"><u>Fast Approvals</u></font id="size4"></font id="blue"></b>
We are currently issuing loan modification pre approvals within 1 hour and many applications are being are being pre approved on the spot.
<b><font size="4"><font color="blue"><u>Very high level of client and enrollment office support</u></font id="blue"></font id="size4"></b>
All client payments are run and labeled by our LAW FIRM on the clients bank account.
Clients have the highest level of customer service in the loan modification industry today, to include a welcome call and email within a few hours of intake; as well as constant communication and status updates. Enrollment offices will have complete back end customer service and mitigation support, as well as access to our fully automated web-based application and qualification systems; allowing you to take an application anywhere.
<b><font size="4"><font color="blue"><u>Leads Provided</b></font id="size4"></font id="blue"></u>
Exclusive leads available from a wealth of sources, including exclusive live inbound calls from our nationally campaigned Television commercials and vast internet campaigns. Leads are tried and proven to close at 15%-20%
<b><font size="4"><font color="blue"><u>Extra Revenue to your office...Debt Settlement under the same roof</u></font id="blue"></font id="size4"></b>
Our back office will also give you the ability to offer "Debt Settlement" to your modification clients. Our own retail division is seeing that near 50% of our loan modification clients are in need of debt settlement. If you are not offering it currently; you are leaving profits on the table as these homeowners will likely use a debt settlement program with another firm.
<b><font size="4"><font color="blue"><u>Your office keeps the lions share of the profits</u></font id="blue"></font id="size4"></b>
For more information, please call...
- Last Post by: firststarmedia on 11/03/2009 @ 11:12 AM
<font color="red"><i><b><center><font size="4">Often <font color="black">Imitated</font id="black"> - but<font color="black"> Never Duplicated</font id="black"></font id="size4"></center></b></i></font id="red">
<b><center><font size="3">[url="http://tinyurl.com/Broker-Outpost-Member-Pricing"]Real Estate Datalyst.com[/url]</font id="size3"></center></b><hr noshade size="1"><font size="5"><center><b>Commercial Bulk E-mail Campaigns</b></center></font id="size5"><b><center><font size="3">[url="http://tinyurl.com/Datalyst-Campaign-Systems"]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 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. You can make your payment anytime before we send your campaigns.
<font size="4"><center><b><u>Campaign Pricing</u></b></center></font id="size4">
<center>(minimum campaign)
<font size="3">10K messages sent for $75
25K for $129
50K for $199
75K for $249
100K for $299
150K for $379
200K for $449
250K for $519
500,000 for $899
750,000 for $1,130
1,000,000 for $1,350
2,000,000 for $1,950
3,000,000 for $2,650
4,000,000 for $3,350
5,000,000 for $4,050
6,000,000 for $4,750
7,000,000 for $5,350
8,000,000 for $6,050
9,000,000 for $6,650
10,000,000 for $7,150</font id="size3"></center>
<font color="blue"><b>We have bigger discounts </b></font id="blue">for the more aggressive marketers who desire 250K plus – 5 Million messages outbound each month (or each week!).
<font color="blue"><i><b>We also recognize </b></i></font id="blue">bulk sending prices for customers who are not doing million message blasts. For instance: Let's say you wanted to send five individual 50K message campaigns across a month or so. You could either purchase and send each 50K campaign separately ($199 for the first one & $139.30 for each of the other four = $756.20) or you could purchase a 250K campaign upfront for $519 and save $237.20 or about 30%. You can still have the messages sent on your schedule. Remember, you are in complete control of your marketing - you always have choices with us.
<font color="blue"><b>You have the option </b></font id="blue">to campaign to the same list as many times as you choose (same message or a different one) for <u><font color="green"><b>30% off on consecutive mailings </b></font id="green"></u>as long as you send a campaign at least once every 7 days. We reserve the right to select times of day and to spread certain campaigns across multiple days.
<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 25K - 75K once 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.
<u><b>NOTE</b></u>: <i>Our only restrictions are that your content must be industry B2B related (or easily approved). We do not send campaigns related in any way to MLM's, dating/escort/other websites, prescription medications or OTC medications such as weight loss pills, gaming enticements or any other advertisements that may violate Federal or State laws.</i>
<font size="4"><center><u><b>You have plenty of individual options</b></u></center></font id="size4">
You can use your own "reply to" address and receive all the replies (and autoresponders) or we can use ours and you will receive nothing at all - just the click throughs to your website.
You also have the option of using a "shadow" domain to further protect your business domain.
For instance, your domain may be loanbroker.com. You can set up a shadow domain called loan-broker.com or loanbroker.net. We can enter this as the "reply to" domain and you will receive all your replies, but it will send them to your campaign domain and protect your true business domain (we have found that recipients rarely pay attention or even notice the difference). You can simply forward your campaign domain replies to your business address account.
You can then correspond from your real address if you choose. This will even further protect your business domains and addresses from complaints, block attempts and blacklists.
It really depends on what you are marketing and how you want to receive customer responses. We would like the opportunity to design your individual campaign.
<font size="4"><center><b>Projects take just 1 to 3 business days to plan and execute </b></center></font id="size4">
<font size="4"><center><u><b>It’s as easy as…1 - 2 – 3</b></u></center></font id="size4">
<b>1</b>. You choose the database you wish to send to, the number of times to send to the database initially and your campaign “name” & “reply to” address (this data is your campaign instructions). The database can also be purchased at the BO discount price along with your campaign.
<b>2</b>. You enter “Mail Project: & your BO user name” as your subject line. Your campaign message (in an attached word doc if you choose), your subject line and your campaign instructions. We will review your project, reply to you with updated database counts, campaign agreements & billing information.
<b>3</b>. We will send you a test message for your approval & then send your campaign.
<font size="5"><center><u><b>Contact us today</b></u></center></font id="size5">
Chris Adams
<b>Support@RealEstateDatalyst.com</b>
- Last Post by: datalyst on 11/03/2009 @ 11:11 AM
<font color="red"><i><b><center><font size="4">Often <font color="black">Imitated</font id="black"> - but<font color="black"> Never Duplicated</font id="black"></font id="size4"></center></b></i></font id="red">
<b><center><font size="3">[url="http://tinyurl.com/Broker-Outpost-Member-Pricing"]Real Estate Datalyst.com[/url]</font id="size3"></center></b><hr noshade size="1"><center><font size="3">WE MINE & SELL OUR OWN DATA - WE ARE NOT DATA RESELLERS…</font id="size3"></center>
<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 active and <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 DELIVERABILITY</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 – Your <u><font color="red">DESERVE REAL DATA</font id="red"></u> from the source</b></center>
<b><center><font size="3">[url="http://tinyurl.com/Broker-Outpost-Member-Pricing"]Real Estate Datalyst.com[/url]</font id="size3"></center></b><hr noshade size="1">
<font size="3"><font color="red"><i><b><center>HERE'S HOW IT'S DONE</center></b></i></font id="red"></font id="size3">
<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">
<center><font size="4"><font size="5"><b><font color="black">REAL ESTATE AGENT CONTACT LISTS</font id="black"></b></font id="size5"></font id="size4"></center><font size="5"><b><center><font color="red">Marketing databases - All 50 states</font id="red"></center></b></font id="size5">
<font size="1"></font id="size1"><b><font size="5"><center>Real Estate Datalyst</center></font id="size5"></b>
<font color="red"><font size="4"><center><b>COMPLETE 4th QTR 2009 Update</b></center></font id="size4"></font id="red">
<center><font size="3">http://tinyurl.com/Broker-Outpost-Member-Pricing</font id="size3"></center>
<font size="1"></font id="size1"><b><center><font size="4">ALL DATABASES - <font color="red">IMMEDIATE DOWNLOADS</font id="red"> - NO WAITING</font id="size4"></center></b><hr noshade size="1"><font size="4"><b><center><font color="red">***</font id="red">We can <u>send</u> your e-mail messages too<font color="red">***</font id="red"></center></b></font id="size4"><center><i><font size="4">Small Drip Campaigns from 10K per day to </font id="size4"></i></center><i><font size="4"><center>Super Jumbo Campaigns of 5 million per month</center></font id="size4"></i><hr noshade size="1">
<b><font size="4"><center><u><font color="red">371,600+</font id="red"> E-mail addresses</u> for [i]Mortgage Brokers/Loan Officers</i></center></font id="size4"></b><font size="3"><center>http://tinyurl.com/MB-LO-Database-BO-Discount</center></font id="size3">
<b><center><font size="4"><u><font color="red">1.09 MILLION+</font id="red"></u> REAL ESTATE CONTACTS NATIONALLY!</font id="size4"></center></b><font size="3"><center>http://tinyurl.com/National-REA-BO-Discount</center></font id="size3">
<font size="3"><center>Full Name - Business Name - Mailing Address - City/Town</center></font id="size3"><font size="3"><center>State - Zip Code - Phone Number</center></font id="size3"><font size="4"><b><center>E-MAIL ADDRESS</center></b></font id="size4">
<font size="2"><b><center>Databases are <u>updated at least quarterly</u> for superior e-mail deliverability</center></b></font id="size2">
<font size="4"><b><font color="green">$49 - $129 </font id="green">- Individual State Lists</b></font id="size4">
<font size="4"><b><font color="green">$199 </font id="green">- Jumbo State Lists</b></font id="size4">
California - 161,400+
Florida – 150,400+
Texas – 76,200+
<font size="4"><b><font color="green">$529 </font id="green">- National Real Estate Agent Database</b></font id="size4"><hr noshade size="1"><center><font size="4"><font color="red">4th Quarter 2009 CA Update</font id="red"></font id="size4"></center>
<font size="5"><b><center><u>CALIFORNIA</u> REA JUMBO LIST</center></b></font id="size5">
<center><b><font size="4">This database now has <u>161,400+ contacts</font id="size4"></u>.</b> </center>
<center><font size="3">http://tinyurl.com/CA-REA-Database-BO-Discount</font id="size3"></center><hr noshade size="1"><center><font size="4"><font color="red">4th Quarter 2009 FL Update</font id="red"></font id="size4"></center>
<font size="5"><b><center><u>FLORIDA</u> REA JUMBO LIST</center></b></font id="size5">
<center><b><font size="4">This database now has <u>150,400+ contacts</font id="size4"></u>.</b> </center>
<center><font size="3">http://tinyurl.com/FL-REA-Database-BO-Discount</font id="size3"></center><hr noshade size="1"><center><font size="4"><font color="red">4th Quarter 2009 TX Update</font id="red"></font id="size4"></center>
<font size="5"><b><center><u>TEXAS</u> REA JUMBO LIST</center></b></font id="size5">
<center><b><font size="4">This database now has <u>76,200+ contacts</font id="size4"></u>.</b> </center>
<center><font size="3">http://tinyurl.com/TX-REA-Database-BO-Discount</font id="size3"></center><hr noshade size="1"><center><font size="4"><font color="red">4th Quarter 2009 Update</font id="red"></font id="size4"></center>
<center><font size="5"><b>NATIONAL TITLE COMPANY LIST</b></font id="size5"></center>
<center><font size="3">http://tinyurl.com/Title-CO-Database-BO-Discount</font id="size3"></center><hr noshade size="1"><font size="6"><font color="blue"><center><b>www.RealEstateDatalyst.com</b></center></font id="blue"></font id="size6">
<font size="3"><b><center>These are <font color="green">BROKER OUTPOST MEMBER</font id="green"> Prices</center></b>
</font id="size3"><font size="3"><b><center>We have the <font color="red">LOWEST EVERYDAY PRICES </font id="red">you will find!</center></b></font id="size3"><font size="2"><center><b><u>Retail pricing[/u]</b> - <font color="green"><b>$79 - $229</b></font id="green"> per State Database (<font color="green"><b>$329</b></font id="green"> Jumbo) & <font color="green"><b>$879</b></font id="green"> for the National Database </center></font id="size2"><font size="2"><center>The databases are formatted in Excel
Our website has easy .csv & text conversion instructions if needed</center></font id="size2"><hr noshade size="1">We would like to do business with you. Visit our automated website for more info.
Please don't hesitate to contact us with any questions you may have.
Thank you,
Chris Adams
<b>Support@RealEstateDatalyst.com</b>
- Last Post by: datalyst on 11/03/2009 @ 11:10 AM
http://tinyurl.com/ykotmg4
Note: Ceo said that he wants to change all model names from America to Italian soon.
- Last Post by: VVance on 11/03/2009 @ 11:07 AM
Besides US Bank is there anyone else who can do a Heloc or fixed rate 2nd Mtg.??? In NY
Thanks As Always
- Last Post by: ldavis30 on 11/03/2009 @ 11:07 AM
Factory orders number shows a nice gain. Inventories still shrinking and the factory orders number isn't all autos.
Inventory rebuilding will have to start sometime, will help economy.
- Last Post by: benjamin on 11/03/2009 @ 11:03 AM
I have a doctor and wife wanting to renovate a 400K home. Improvements will cost another 400K adding on much more living area. Upscale neighborhood. The only problem is this doctor and his wife let a rental property "go back to the bank" about 8 months ago.
This is a Texas SFR. Any ideas?
- Last Post by: liverichly on 11/03/2009 @ 11:03 AM
Looking for a fixed rate construction loan 700 credit score 20% down loan amount of 60,000 land owned free and clear in missouri. Full documentation does anybody know someone that would do this.
Thank you,
James
- Last Post by: timjarvis on 11/03/2009 @ 10:59 AM
<font size="4"><font color="blue"><b>LeadPress Mortgage Websites are the Most Customizable and Powerful Website Available Today!</b></font id="blue"></font id="size4">
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<font size="2"><b> LeadPress Gives You:</b></font id="size2">
<b>1)</b> <b>Powerful customization and editing tools:</b> Create pages or blog posts at will and then upload video or images with ease. Customize your website color, home page style, logo or change the links in the top navigation bar, footer or sidebar with a simple to use interface. There's not much that is not customizable with LeadPress
<b>2)</b> <b>Built in blog and commenting functionality:</b> LeadPress is based in WordPress, the most powerful blogging platform available to day and used by CNN.com, NewYorkTimes.com and many others! This means you get RSS feeds, Social Media functionality in posts (via Twitter, Facebook and more), add users and assign them roles, etc. The blog enables you to easily create unique content that can rank high in google!
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<font size="4"><font color="blue"><b>See LeadPress in Action</b></font id="blue"></font id="size4">
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You can also customie your site with Red, Mint and White color themes.
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<b>Online – </b>LeadPress has built in search engine optimization and blogging tools that enable you to easily create the unique content the search engines like Google, Bing and Yahoo love. Ranking well in search engines can be a valuable source of high converting exclusive mortgage leads.
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These prospects visit your website to learn about your services and build trust in your company. This means that if you have a cheap or sub-par website you are losing deals and damaging your marketing ROI when high percentages of these visitors immediately abandon your site.
<font size="4"><font color="blue"><b>Have Questions? Don't Hesitate! </b></font id="blue"></font id="size4">
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- Last Post by: tracedef on 11/03/2009 @ 10:55 AM
11/03/09
Anybody know a good net branch in Fairfax, Virginia ?
The more detail the better. If not it's fine, too.
Thanks for sharing your info.
Contact: Phil Lee
Email: MortgageCentral@Yahoo.com
- Last Post by: Phillips1Lee on 11/03/2009 @ 10:51 AM
I need to get set up with an FHA lender that will lend down to 590. Any help would greatly be appreciated.
Thank you.
- Last Post by: wadeger on 11/03/2009 @ 10:46 AM
Mortgage Pro's
We have openings for an exclusive loan officer in your County/ Region to assist and pre-qualify borrowers looking to purchase properties they see in your area. We market and advertise hud and bank foreclosed homes nationwide and we attract plenty of potential buyers looking to work with you. In addition, We also work with thousands of mortgage companies in the country who are closing an extra deal or two in a monthly basis. If you need more information or have questions, please feel free to give me a call or send me an email. Thank you and I look forward hearing from you.
35 or more Real Time exclusive leads within 30 days from your desired counties..
Free Foreclosure website with a URL of your choice.
Free Lead Management software.
Free Foreclosure tools.
$295.00 the first month then $195.00 per month flat fee if you want to renew.
This is a month to month with (NO CONTRACT) program
12-15% conversion ratio on closings.
William Johnson
National Account Manager
443-603-1070
wjohnson@ushud.com
- Last Post by: WillJ28 on 11/03/2009 @ 10:43 AM
http://www.nbnnews.com/NBN/issues/2009-11-02/Front+Page/3.html
President Obama has signed into law a bill that includes an extension of current Temporary High Cost GSE loan limits through the end of calendar year 2010.
"Given the lack of a private secondary mortgage market, FHA, Fannie Mae and Freddie Mac are pretty much the only game in town," said Robert Story, chairman of the Mortgage Bankers Association. "Extending the current loan limits, along with other initiatives will help restore stability to the housing and mortgage markets." VA loans were not included in the extension. The Department of Veterans Affairs already has the authority to guarantee single-family loans with a maximum loan balance of $729,750 through December 31, 2011.
- Last Post by: liverichly on 11/03/2009 @ 10:42 AM
Here is the answer, please visit www.mandalaycapitalLLC.com, they can add your borrower to existing strong credit history lines to add GOOD credit lines to their report. Completely legal, and can really help increase their score in as little as a week. Feel free to email me or call me with any questions. Adrian (206) 795-8411, or adrian@mandalaycapitalLLC.com
- Last Post by: adrianwebb on 11/03/2009 @ 10:29 AM
HELP..
- Last Post by: Kenneth Fedak on 11/03/2009 @ 10:27 AM
Does anyone know the website that I can go on to tell where they are with the pipeline for USDA? Its virtually impossible to speak with anyone over there...
- Last Post by: Kenneth Fedak on 11/03/2009 @ 10:26 AM
Fees waived at national parks on Veterans Day
The government will not charge entrance fees next Wednesday at national parks, refuges and forests in honor of Veterans Day, the fourth time this year the government has opened up the areas for free.
“The sacrifices and achievements of the brave men and women of our armed forces can never be understated," Interior Secretary Ken Salazar said in a statement. "We invite all of our visitors to enjoy this fee free day and take time out on this national holiday to remember our service men and women who are currently serving overseas in harms way. ”
The National Park Service, Fish and Wildlife Service, Bureau of Land Management, Bureau of Reclamation and U.S. Forest Service operate the national parks, refuges and forests. The Park Service operates more than 400 locations and the Forest Service has oversight for roughly 193 acres of land, or an area equivalent to the size of Texas.
The National Park Service waived fees for the first time over three summer weekends this year, an experiment that yielded mixed results. The fee-free weekends cost the agency $750,000 to $1 million in lost revenue each day.
Despite the financial loss, officials estimate a 4 to 5 percent increase in national park visits this year over 2008, due in part to the approximately 2.6 million people who crowded the Mall for President Obama's inauguration.
By Ed O'Keefe | November 3, 2009; 12:18 PM ET
- Last Post by: darkstar on 11/03/2009 @ 10:13 AM
Can anyone share a mail piece that you have used to convert renters to buyers?
Thanks
- Last Post by: LoanMoney999 on 11/03/2009 @ 10:07 AM
Married
sleeping on the same side of bed every night
sitting at the same chair while watching tv
sitting at the same chair during meals
park at the same place
listen to wife/husband/kids yapping their mouth while you're thinking of something else
gain weight
wear old clothes
cars are dirtier
go to family reunions/gatherings alot
socialize with married and family alike type of people. make fun of single people
at times, you're bored with married spouse that you daydream of cheating one day
Single
moving around
desperate for romance search regardless how much it cost (ie...internet, clubs, bars, outdoor activities..etc..)
staying in shape, dressing up sharp
clean cars and always air freshen
Willing to travel for hours to meet him/her
hate to go to family holidays because you don't have a gfriend/bfriend to show off with or no kids
socialize with single minded people and poke fun at married couples who argues like hell over little stuff
date after date after date, either you enjoy doing that or getting fed up
feel free to add
- Last Post by: success07 on 11/03/2009 @ 10:06 AM
the video it gone for some reason. oh well
- Last Post by: jvanpetten on 11/03/2009 @ 10:04 AM
Does anyone know of any other lender that will accept an FHA purchase that has already been denied? I had an approve eligible with Northstar after running DU and was ready to set up closing when NORTHSTAR comes back and says denied due to a "FRAUD alert" on borrowers credit, which the BORROWER requested be put therehimself. Since this now turned into a "manual underwrite" the file was denied since WF won't purchase it.Now my borrower which thought they were going to close on Monday/Tues. may not be able to get an FHA loan at all. Please help!!!
PS: DON"T USE NORTHSTAR!!!!!!!!!!!!!
- Last Post by: Broker227 on 11/03/2009 @ 09:51 AM
Is the LTV 105% for all property types?
- Last Post by: brandtrust on 11/03/2009 @ 09:51 AM
The A/E seems like a really good guy. Aside from that, he states that they will fund a loan 5-7 days from submission (given TIL, etc., are done correctly). They're strictly wholesale and only do FHA. Completely paperless?
Has anyone worked with them? I've just completed my broker package to send.
- Last Post by: Broker227 on 11/03/2009 @ 09:46 AM
ACORN Operative Patrick Gaspard Received Colleague at White House
by Matthew Vadum
White House political director Patrick Gaspard met with ACORN spokesman and lobbyist Scott Levenson, a former co-worker, at the White House the Obama administration disclosed Friday.
Levenson’s inclusion in the newly released list of visitors to the Obama White House makes the president’s claim he’s clueless about his former employer ACORN — and its election fraud trials and tribulations — especially difficult to believe. That’s because Gaspard is President Obama’s right hand man. Some describe him as the new Karl Rove.
The purpose of the visit by Levenson (pictured below) who met with Gaspard in March was not disclosed.
The relentlessly combative Levenson, who is also a registered lobbyist for New York ACORN, was thrown out of Glenn Beck’s TV studio May 6 for suggesting during a commercial break that the TV host was racist for daring to challenge ACORN. Levenson’s been helping to coordinate ACORN’s public disinformation strategy which relies heavily on lies and misdirection.
<b>Few would care about Levenson’s visit to 1600 Pennsylvania Avenue if it weren’t for the fact that President Obama claims — unconvincingly — to be out of the loop regarding ACORN.</b>
After the undercover prostitution sting videos first surfaced on BigGovernment.com and the “Glenn Beck Program” in September the American public began to realize that ACORN is a vast criminal conspiracy whose reach extends to the highest levels of the U.S. government.
<b>Obama said at that time he was barely aware of ACORN’s problems. “This is not the biggest issue facing the country. It’s not something I’m paying a lot of attention to,” he told ABC’s George Stephanopoulos.
Nobody believed the president — except for certain members of the mainstream media. Evidently Anne E. Kornblut and Jason Horowitz of the Washington Post are also incurious members of the MSM. Their puff piece profile of Gaspard today suggests they have no interest in probing Gaspard’s ties to ACORN.</b>
Gaspard, who came to the White House after serving as executive vice president of SEIU Local 1199, has ties to ACORN that go way back.
Gaspard also worked for New York’s Working Families Party, which is part of the ACORN network. ACORN chief organizer Bertha Lewis is a co-founder of that party — which endorsed Obama last year — and has close ties to Rep. Jerrold Nadler (D-N.Y.) who has been most reluctant to have the House Judiciary subcommittee he chairs investigate ACORN. Nadler is even providing advice to ACORN through its lawyer Arthur Z. Schwartz but he refuses to address this huge conflict of interest. The congressman’s press office won’t return my calls.
My article is available in full at the American Spectator.
- Last Post by: zpaperkid on 11/03/2009 @ 09:44 AM
Hi,
My client has a home in England worth about $1m.
It is free and clear.
He lives and works in England and wants to cash out refi..
Any hope, any help...?
Thanks in advance
Chris
- Last Post by: Boulderco on 11/03/2009 @ 09:43 AM
Self-Employed Stated to $1.5 MM and Foreign Nationals
Also Wage Earners Stated W-2 and VOE programs to $729 K, 80% LTV
Costruction One loan close to $5 MM from 3.875%
Send me an Email will give the source
calendinggroup@gmailcom
- Last Post by: calendinggroup on 11/03/2009 @ 09:41 AM
I need a lender that will consider short term bridge financing (over 50 million) for a government backed contract that executes ending Dec. Contract approved w/ US approved ready to go.
- Last Post by: ksandie on 11/03/2009 @ 09:37 AM
Does anyone know a lender that can do a manufactored streamline fha?
- Last Post by: rainmand on 11/03/2009 @ 09:24 AM
Does anyone still do NO SCORE loans? I have a borrower with NO SCORE and co - borrower with 700 FICO's
Any ideas?
- Last Post by: k10602 on 11/03/2009 @ 09:23 AM
marriage rights for gays and lesbians. At least they have a ballot issue that without a "D" or "R". Are the people in these States as liberal as their legislators on this issue?
In Maine and Washington state, voters will decide whether to extend marriage rights to gay men and lesbians.
A ballot measure in Maine would repeal a gay-marriage law passed last spring by the state Legislature. If it fails, it will be the first time a state referendum supported gay marriage, says Frank Schubert, a strategist working to pass the measure, known as Question 1.
"Gay marriage has never been approved in a ballot anywhere in the country," Schubert says.
- Last Post by: benjamin on 11/03/2009 @ 09:20 AM
I would love to get input from those doing Reverse Mortgages as to how they are getting their business. If you telemarket, can you share a good script? Do you do info seminars? How do you set them up...where do you target for them?
I just set 3 small seminars in local senior centers in about 3 hours of cold calling. I realized today that I need to learn to prospect. 10 years in mortgages and I have never learned to prospect. I've always had clients...all my calls were sales calls...but this is different. I would love to hear from Raymond and Eric, but appreciate hearing from all that are in the reverse mortgage trenches.
- Last Post by: maxsutter on 11/03/2009 @ 09:20 AM
Be careful who you do business with, they just might try and beat & torture you afterwards.
http://tinyurl.com/yaaov6z
- Last Post by: benjamin on 11/03/2009 @ 08:50 AM
I realize most people here don’t read the bible and the ones who do will probably not even look into this, but I can PROVE from the bible that two years from this very day on May 21, 2011 what the bible refers to as the day of judgment will begin. I realize people will think I’m joking, or crazy, or whatever; nevertheless, this is what I believe the bible teaches and everyone will know that it’s true when they feel a great earthquake on May 21, 2011.
I’ll add that I’d rather people didn’t scoff or overlook what I’m writing because it will be too late for salvation after that date. I believe the bible teaches that God will take His elect with Him on that day (probably some 200 million people, although I don’t say that number dogmatically) and everyone else will be left to live in the worst horror story imaginable. Many people will die that first day in the earthquake and I’m certain business will no longer function with any normalcy.
My friends, it’s a long proof, but I can prove it in more ways than one from the bible. As a matter of fact, there’s too much information in the bible pointing to that date for me to keep quiet about it.
Like I said, you’ll probably think I’m joking, or crazy, or whatever, but I am deadly serious about what I’ve written and I CAN PROVE IT. I can only prove it from the bible and the bible alone. Isn’t that how God is glorified? Through His Word?
You’ll probably hear more and more about this from others in the next two years. The whole world will know. If anyone’s interested, I can prove it in this thread.
- Last Post by: pmbjed on 11/03/2009 @ 08:42 AM
I' ve been out of loan biz for so long. Is there any one out there that can stramline a loan get maybe a 5%-5.25% int rate. Especially with no out of pocket cost. This will be an fha streamline and can a point be put into buy a rate down on these loans? If anyone can help I'd apprecitate it. Home is an sfr in Calif..
- Last Post by: Broker227 on 11/03/2009 @ 08:37 AM
Any truth to this?
- Last Post by: Broker227 on 11/03/2009 @ 08:34 AM
I am looking for a hard money lender for a group of 12 townhomes in Houston. All of them are currently leased. I need $108,000 (which includes the rehab cost). I have good credit but no money to put down. The properties are cash flowing and would easily support the loan payments.
- Last Post by: shakeytime on 11/03/2009 @ 08:31 AM
Nice bet on America...
- Last Post by: craigppls on 11/03/2009 @ 08:30 AM
TO ALL CLIENTS SEEKING PROJECT FUNDINGS PARTICIPATING WITH ROSS PACIFIC AND FOUNTAIN GROUP:
I AM ED WILSON. I HAVE READ MUCH OF THE ENTRIES ON THIS FORUM AND FIND SOME FLATTERING, SOME TOTALLY INACCURATE AND OTHERS, WELL, I'M NOT SURE WHAT IS BEING CONVEYED. TAKE "JOE ANDERSON" FOR ONE; HE IS NOT AN FBI AGENT AND THAT IS NOT HIS NAME. I THINK HIS FORUM NAME IS "CASHISKING".
I HAVE BEEN ABROAD AND WILL BE RETURNING SHORTLY. THE FUNDS NEEDED FOR SOME OF THE PROJECT FUNDINGS ARE IN A BANK OVERSEAS, AWAITING MY PERSONAL APPEARANCE, ALONG WITH MY SOLICITORS, CPA, BANKERS, CONTENT PROVIDERS AND OTHERS NECESSARY TO GIVE GLOWING REPORTS ON MY BUSINESS. JUDGING FROM SOME OF THE COMMENTS ON THIS FORUM ABOUT ME, I GUESS I'D BETTER HOPE THEY DON'T READ WHAT SOME OF YOU HAVE SAID ABOUT ME.
I HOPE AND PRAY I CAN SUCCEED THIS TIME. IT IS A VERY DIFFICULT MATTER TO CLOSE. WE'RE NOT USING THE COLLATERAL THE AGGREGATOR STRUGGLED TO ATTAIN. OURS IS MORE OF THE HARD ASSET CATEGORY, ACCEPTABLE TO INVESTORS OVERSEAS.
I WANT YOU TO HELP ME VERY MUCH WITH THIS INITIAL CLOSING AND HERE'S HOW YOU CAN DO IT: PRAY FOR ME. WITH ALL THE SKILLS MY TEAM AND I POSSES AND DISPLAY TO HAVE REACHED THIS PINNACLE, IT DOESN'T ADD UP TO WHAT SINCERE, COLLECTIVE PRAYERS CAN PROVIDE.
SECONDLY, IF YOU COULD REFRAIN FROM MENTIONING NAMES OF BANKS, CONTACTS, ETC, VARIOUS AMOUNTS OF DOLLARS, ETC. WHAT YOU MAY NOT KNOW IS THIS: ICAN GET IN A LOT OF TROUBLE IF I DON'T STEM THE TIDE OF THIS INFORMATION HITTING THE ATREETS. SO, I ASK YOU KINDLY, PLEASE REFRAIN FROM THIS AND ASK ALL YOU'RE IN CONTACT WITH TO DO THE SAME. THIS WILL HELP ME MORE THAN YOU REALIZE.
LASTLY, I DON'T KNOW IF ANYONE EVER THANKED EACH OF YOU PERSONALLY FOR HELPING US GET TO THIS POINT. YOUR PARTICIPATIUON HAS BEEN MOST GRACIOUS, SINCERE, YOU'VE SACRIFICED REAL MONEY, TIME, REPUTATIONS EVEN AND MORE. I, FOR ONE, REALLY, REALLY, APPRECIATE YOUR KIND AND VALID SUPPORT.
I CANNOT CONTACT EACH OF YOU DIRECTLY, AS I WOULDN'T GET MUCH ACCOMPLISHED. HOWEVER, I'M REACHING OUT TO YOU IN THIS FORUM, TO LET YOU KNOW, I HAVE NEVER GIVEN UP ON HELPING EACH OF YOU REALIZE THE FUNDINGS YOU'RE SO GRACIOUSLY WAITING FOR. STAY HOPEFUL. THE WORK'S NOT OVER YET. BUT, WE'RE NOT FAR FROM CLOSING.
TRUST ME ENOUGH TO KNOW THIS ASBOUT ME: ED WILSON NEVER GIVES UP, NEVER HAVE AND WON'T, FOR YOUR SAKES.
AGAIN, I REALLY APPRECIATE ALL OF YOU AND I'M DOING MY BEST TO BRING ALL OF YOUR PROJECT FUNDINGS TO FRUITION. SO HELP ME.
- Last Post by: shakeytime on 11/03/2009 @ 08:30 AM
Guys:
Hope the lending world is treating you OK.
Been a while since my last post...so figured I'd give the BO Community an updated count on our Experian Trans Union FHA streamlines. (We have VA available too)
I know you guys have a lot of options for data and leads, but please consider us. We have a fantastic reputation and tons of references.
Regs for Streamlines are changing, and a lot of my clients have been scrambling to get some good FHA streamline data now.
Here are updated counts using the "Standard FHA streamline formula"
-Experian Trans Union database
-FHA borrowers
-640 + Scores
-$150,000+ balances (Can be adjusted depending on your area)
-Single Family Homes Only
-13 to 48 month seasoning
-No lates on mortgage last 12 months
-Current on mortgage now
Here are state breakdowns for mailing and with DNC scrubbed phones.
Call or email anytime for special BO pricing!
State Total for mail / Phones
AK 1,928 / 361
AL 3,120 / 641
AR 1,714 / 324
AZ 7,807 / 1,154
CA 24,410 / 5,461
CO 11,844 / 1,587
CT 6,751 / 1,406
DC 291 / 77
DE 1,862 / 473
FL 15,401 / 2,829
GA 10,814 / 2,323
HI 503 / 119
IA 1,245 / 197
ID 2,326 / 273
IL 9,811 / 1,961
IN 3,383 / 506
KS 1,962 / 259
KY 2,347 / 396
LA 2,632 / 762
MA 4,580 / 790
MD 9,450 / 2,006
ME 1,080 / 187
MI 4,595 / 786
MN 8,581 / 1,216
MO 3,789 / 510
MS 1,589 / 287
MT 1,239 / 140
NC 6,144 / 1,185
ND 408 / 67
NE 817 / 94
NH 1,294 / 231
NJ 11,100 / 2,123
NM 2,281 / 372
NV 5,718 / 1,031
NY 8,314 / 1,410
OH 8,108 / 1,293
OK 2,359 / 487
OR 5,112 / 709
PA 9,634 / 1,682
RI 1,368 / 330
SC 2,591 / 497
SD 427 / 64
TN 5,676 / 820
TX 17,648 / 4,830
UT 5,955 / 859
VA 13,106 / 2,559
VT 247 / 54
WA 9,352 / 1,686
WI 2,573 / 428
WV 734 / 146
WY 1,061 / 143
Totals: 267,081 / 50,131
- Last Post by: InfinitySteve on 11/03/2009 @ 08:27 AM
--------------------------------------------------------------------------------
this is a commercial broker based in PA, I was speaking with them to send my commercial deals to, they were calling and emailing me everyday for my loans, I finally got all the paperwork filled out on 3 and sent them all over, I never heard back, I was emailing and calling daily, no response, I was told the owner had some personal issues, His Name is Dimitry Meteliken, and co-owner Yvette Aiken, she finally called me back after 2 weeks of emailing the both of them and told me she was handling the loans, well nothing was done on any of them and I lost them, I also referred a large commercial broker to them who is a friend of mine, he sent over a few more, and they did nothing for his loans either and his borrowers went elswewhere, their is no debate, I have all emails to prove this,. I BEEN IN THE INDUSTRY 11 YEARS WITH NEVER A BAD REPUTATION, I AM JUST LETTING YOU KNOW THEY ARE TERRIBLE!! seem like great people to have a drink with, but thats not why I sent them my loans.
- Last Post by: shakeytime on 11/03/2009 @ 08:23 AM
Video at link with story.....
**VIDEO** Terrified Voter says NJ Dems Using Gangbangers for GOTV
November 3, 2009 by EJ
How would you like to be a New Jersey police officer and look out your window and see several known criminals, including a man you arrested several weeks ago and another who had just been released from prison for shooting a cop? And then find out that the men were sent into the neighborhood by the Democratic Party for GOTV operations - complete with lists of voters names, addresses and phones numbers!
That is what happened Sunday on a quiet street in Morris Township. The officer, who’s name we are with holding, specifically heard the men discussing that he was a police officer and that they now know where he lives. The officer confronted the men and they took off. He contacted the local police who responded and caught up with them and about a dozen other men a few blocks away. According to the police report, the men were known criminals and when asked why they were in the neighborhood they stated they were
“campaigning for the Democratic Party.”
http://www.electionjournal.org/2009/11/03/video-terrified-voter-says-nj-dems-using-gangbangers-for-gotv/
- Last Post by: GetLoans4me on 11/03/2009 @ 08:18 AM
....mom has No credit established here in the US and has no filed her taxes for the last 15 years because she has been living in Canada. She owns 2 properties free and clear in Canada and receives 50k in fixed income + rental income.
Mom wants to relocate to California and Son wants to sell his house to her. Property is 1.25million, and he would like to sell it to mom for 400k (mom can give will give 100k down). The problem I am having is that nobody wants to finance her since she has not been living in the US for the last 15 years. She has a ton of assets and the ltv is extremely low on the subject property (based on the market value).
Any ideas!!! Thanks :)
lrenteria6022@gmail.com
- Last Post by: cplrenteria on 11/03/2009 @ 08:08 AM
Copy and paste the link for an explantaion of what you can do to help.
http://www.therightscoop.com/michele-bachmann-pleads-for-the-american-people-to-come-to-washington-on-thursday-at-noon/
- Last Post by: darkstar on 11/03/2009 @ 08:08 AM
Hi Guys
Which company is offering best net branch service.
As far as Lowest fees and allows to do loans nationwide. I have come across but they charge too much.
Please advice
Gary
- Last Post by: cyborg7 on 11/03/2009 @ 08:01 AM
<b><font size="2">How to Reduce Lending Costs and Risks by Going Paperless</font id="size2"></b>
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- Last Post by: atlos on 11/03/2009 @ 07:56 AM
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- Last Post by: atlos on 11/03/2009 @ 07:56 AM
Loan Modification Processing Service by Mortgage Professionals
We are experienced mortgage professionals that can handle all your loan modification back-end processing needs.
We know the guidelines, DTI and all bank requirements for a successful loan modification. We perform audits on all loans and use violations as leverage for interest rate and possible principle reduction.
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• Residential
• Owner Occupied, Investment Properties, 2nd Homes
• 1st & 2nd Trust Deed’s
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Processing Fee: includes 2nd & Forensic Audit
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- Last Post by: loanmodificationprocessing.com on 11/03/2009 @ 07:34 AM
FR Mortgage, Inc
William D Moffatt
171 Glowing Hearth Lane, Vilas, North Carolina, 28692
828-963-2310- (Toll Free) 888-237-2348 Fax 828-963-9532
bmoffatt@frmortgageinc.com
Hello
I am a Direct private Nationwide Hard Money Commercial Mortgage Broker with access to over 2500 lenders. We charge No Upfront fees nor Due Diligence fees. Below is our Loan program. If you have a loan scenario that fits our loan program please email it to me or give me a call.
Property Types: We will consider all properties except for: primary residences, churches, bars, casinos and adult entertainment.
Lending Area: United States
Terms:
1st mortgages. Generally balloon in 1-2 yrs. Rates start at 13%
Interest Only-typically with an Interest Reserve to match the term
Prepayment Penalties: No Prepayment Penalties
Loan To Value:
65% construction/existing structures –Equity Driven
55% Horizontal development—infrastructure
50% Raw land
Loan Sizes: $75,000 -$5,000,000
Credit Score: Minimum 600
Doc type: All loans are No Ratio. We will ask for financials but will not calculate income and ratios.
Fees: We charge No Upfront Fees nor Due Diligence fees. Brokers Protected
Please provide me with the complete details of your project and loan request.
- Last Post by: glowinghearth on 11/03/2009 @ 07:29 AM
So now that my lender has successfully taken my mortgage warehouse line from me (equity included)- thankfully I have a complete release of liability, personal and corporate, what's next with my unsecured debt, which is a ton. I have spoken about this on numerous occasions and the grim reality of this circumstance and its end result.
So now its time to belly up to the bar with the unsecured creditors. Pay or no.
moral or not moral to walk. My wife is a believer of the reset button. She has no liability so my thoughts are to walk or negotiate with the unsecured at 10 cents on the dollar. thoughts?
- Last Post by: 1stintegritymortgage on 11/03/2009 @ 07:25 AM
Are there any companies that will insure a conventional cashout refi (85 ltv)? I have been gearing my borrowers towards FHA but I have one that wants to go conventional.
- Last Post by: Thunderlips on 11/03/2009 @ 07:23 AM
Does Anyone know a Lender that does Conforming loans on manufactured homes in Florida?
- Last Post by: bbarco on 11/03/2009 @ 07:23 AM
Top Dot is known as Premium Capitall LLC. I've notice some braggin amongst their loan officer's about how they can do loan to 560 and AWESOME they are. So I thought I would check out there default rate. So I went to HUD's neighborhood watch (you can go as well as anyone can access it at https://entp.hud.gov/sfnw/public/) and see what their default rate was. Well it's not pretty. For loan defaulitng in the first year it was a <font size="3">WHOPPING 12.26</font id="size3">
US National average for 1st year defaults is 4.96%.
Total Orig United States:6,894
Total Defaults by 1 Yr United States:845
by 1 Yr United States % Def:<font size="3"><b>12.26</b></font id="size3">
- Last Post by: bcnyyan on 11/03/2009 @ 07:14 AM
<font size="2"><font face="Arial"><center>
<font color="blue"><b>This is a hard money product only available in WA, ID, MT and OR</b></font id="blue">
Do you have investors with <font color="red"><font color="green">10, 20 or more properties </font id="green"></font id="red">that need cash out?
If the investor is <font color="green">self employed and stated income </font id="green">are you hitting a brick wall? Can you verify assets?
Are some of these properties <font color="orange"><font color="green">NOO manufactured homes</font id="green"></font id="orange">?
<font color="purple"><font color="green">Condo's? Log homes? Small Commerical? Pre-Hud homes</font id="green">?</font id="purple">
How about borrowers that currently have <font color="navy"><font color="maroon"><font color="green">properties listed for sale</font id="green"></font id="maroon"></font id="navy">?
These are the type loans <font color="blue">United General Mortgage loves to fund </font id="blue">if the LTV is 65% or below.
If any properties are <font color="green">land only </font id="green">we like those too but only up to 50% LTV.
If you have borrowers that fit these scenarios give me a call.
When we speak be sure to ask me how we might be able to close without an appraisal.
<font color="green">NO credit score requirement and up to 50% debt ratio</font id="green">.
For More Information Call Me Today
United General Mortgage Corp.
Darlene George
Account Executive
Phone: 336.692.4053 Fax: 704.353.7852
<font color="blue">dgeorge@ugmc.net</font id="blue">
<b><font color="blue">Loan officer MUST be licensed in the state the property is located in</font id="blue"></b></center></font id="Arial"></font id="size2">
- Last Post by: Canitclosethismonth on 11/03/2009 @ 07:14 AM
Greetings. My aquaintance purchased a home in Florida, and, of course in underwater. His financing is all purchase money.
Can a lender in Florida pursue a deficiency judgment? Are they likely to?
Thanks!
Bulldog
- Last Post by: isitfree on 11/03/2009 @ 07:05 AM
Anybody know who is going over 105% more like 120% ltv on 1st and 140% cltv with a subordination. Please advise I know Wells/Flagstar/Metlife/Everbank/GMAC will do it. Does anybody know who else is doing them. Thank you
- Last Post by: alltech on 11/03/2009 @ 06:45 AM
ANYBODY know ANYBODY doing Manufactured under 600? I have a 594 and decent credit. Divorce decree says ex-wife has to pay car and her delinquency has effected his score. I'm in SC. thx
- Last Post by: arbs88 on 11/03/2009 @ 06:38 AM
With all the regulatory changes coming up by years end and into 2010, do you have time to deal with licensing issues?
<b>NEED HELP WITH STATE OR LOAN OFFICER LICENSING OR HAVE QUESTIONS, JUST CALL</b>?
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Additional services include, License renewals, Loan Officer licensing and tracking (SAFE Act Compliance) and QC reviews.
- Last Post by: ComplianceMadeSimple on 11/03/2009 @ 06:15 AM
New FHA Webinars. Attend the latest FHA Training Webinars right at your own desk. Do not delay, Space is limited, Click the links below to register today.
November 17, 2009 – FHA Lender Webinar. This FREE Webinar training is geared toward Loan Officers, Underwriters and other representatives of the mortgage and real estate community. Learn general principles of Streamline, Rate & Term and Cash-out Refinances. This training will help you calculate any refinance confidently. Registrants will receive an email confirmation prior to the Webinar with a link, a toll-free dial-in number, and instructions for participating in the training. Registrants must have internet access. Registration required, no fee. More info at: http://www.hud.gov/emarc/index.cfm?fuseaction=emar.registerEvent&eventId=300&update=N
November 20, 2009 – FHA HECM Webinar. This FREE Webinar training will provide an overview of the HECM process. Covered topic will include: HECM purchase transactions, refinances, and updates to the HECM process. Registrants will receive an email confirmation prior to the Webinar with a link, a toll-free dial-in number, and instructions for participating in the training. Registrants must have internet access. Registration required, no fee. More info at: http://www.hud.gov/emarc/index.cfm?fuseaction=emar.registerEvent&eventId=299&update=N
November 30, 2009 – FHA Lender Insurance Webinar. This FREE Webinar training will provide an overview of insuring procedures for lenders who want to become an LI Lender and a refresher for current LI Lenders. The topics will include; common NORs, rejects, case warnings, and TOTAL Scorecard data. Registrants will receive an email confirmation prior to the Webinar with a link, a toll-free dial-in number, and instructions for participating in the training. Registrants must have internet access. Registration required, no fee. More info at: http://www.hud.gov/emarc/index.cfm?fuseaction=emar.registerEvent&eventId=301&update=N
- Last Post by: jvanpetten on 11/03/2009 @ 06:02 AM
I need a commercial lender that can do a 100M+ construction loan, no upfront fees. Any help would be appreciated.
- Last Post by: ddmortgage on 11/03/2009 @ 05:44 AM
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- Last Post by: D41 on 11/03/2009 @ 05:44 AM
Looking for a direct lender for a 2M purchase of 22 units building in Chicago. Low expenses fully occupied and newly rehabbed.
Please email me @ a.mousavi@gofcm.com
PLEASE NO BROKERS.
- Last Post by: ddmortgage on 11/03/2009 @ 05:39 AM
I have been in the business for about 13 months now and I still can't get the hang of calculating Self Employed income.
I have a borrower who has an S Corporation but they don't pay themselves enough on the W2 to qualify. Am I able to use any income from the corporate tax return as well or do they have to qualify on just the W2?
Thanks everybody
- Last Post by: broker on 11/03/2009 @ 05:28 AM
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- Last Post by: darkstar on 11/03/2009 @ 04:43 AM
History of Iran - 101
http://tiny.cc/oLzWq
US Foreign Policy = pure idiocy
- Last Post by: ML on 11/03/2009 @ 04:38 AM
http://publicpolicypolling.blogspot.com/2009/11/christie-leads.html
- Last Post by: assassin17 on 11/03/2009 @ 04:28 AM
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- Last Post by: clarenceworley on 11/03/2009 @ 04:19 AM
In today’s real estate market, it is important to have a strong internet presence, that is <b>searchable</b>. I am reaching out to you on behalf of Activerain to see if you are familiar with the <i>"Rainmaker</i>" Program. <i>ActiveRain</i> is the largest real estate social network in the world.
I have successfully increased my business over 50% over the past year by using blogs to increase my exposure, and became a confirmed loan officer to spread the word about their program. I would like to show you how you too can market your listings and generate buyers as well. I can give you some google searches where I appear on the first page of google.
I can offer you a <i>1 month trial for just $5</i> to see how activerain can work best for you, and I can help you write several blogs which will increase your internet presence and hopefully get you on the <i>first page of google </i>as well. Key into your browser after initial registration and logging in: http://activerain.com/promo_upgrade/mbyrne The monthly fee after the first month is $39, if you wish to continue. As an activerain confirmed loan officer, I have received training on the internet and am willing to be your personal internet coach once you have upgraded to help you take full advantage of the system.
Thank you
- Last Post by: clarenceworley on 11/03/2009 @ 04:19 AM
I have been using a website software/subscription to create websites for real estate agents' listings. Since I use and see the value in the service, I became a sales affiliate. The websites then get submitted to Craigs-List every 4 days or so, as well as several other real estate listing sites such as Trulia, Zillow, ELooky Loo etc. I then solicit agents who have listings to help them with marketing by creating websites, and all I ask for in return is mortgage financing referrals and to develop a business relationship. Many agents currently pay good money for sites that are not as high quality as the sites I create for them.
I have found this service to be a win-win program to use to go out and establish real estate agent referrals: I am not just asking them for business but rather helping us both generate business. This is a great way to get your foot in the door with top listing agents. It also makes me feel more confident when cold calling agents.
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- Last Post by: clarenceworley on 11/03/2009 @ 04:18 AM
Amicable divorce. Borrower has 53% showing all bills owed..husband has just signed a document claiming responsiblity for 2 of the CC bills. This brings her dtu to 47%
Would this document be acceptable to lender? Can she get a usda loan in the middle of a divorce? and are these dti's doable for a usda loan? Let me know
Also, how long does a person have to be on an extra job, a 2nd job, for the income to count?
Thanks
- Last Post by: the_mortgage_guy on 11/03/2009 @ 03:58 AM
is there anyone doing construction completion
upon completion value 1.8 million
as is 1.2 million
150k need to finish behind a 950k first
700 fico
25k income per month verifiable.
only needs to carry the loan until the house is complete then i can rate and term it anywhere.
- Last Post by: the_mortgage_guy on 11/03/2009 @ 03:55 AM
Mortgage Lender looking for AVP's in the following states:
IN, FL, MD, MI, GA, TN, TX, SC.
Position is commissioned based.
Please send resume's to docs@aapexfinancial.net
Thanks,
- Last Post by: KLandis on 11/03/2009 @ 03:53 AM
THE COLON HEALTH CHECK TEST HAS NOW BEEN ENDORSED FOR INCLUSION IN MONTEL WILLIAMS' NATIONWIDE "LIVING WELL WITH MONTEL" PROGRAM = montelmedia.com
A number of you are aware that a significant part of my professional activities involve
providing business development, marketing consulting and debt/equity capital-raising services primarily to owners and Principals of businesses with a product or service that has "dynamic" potential.
One such client is a NJ based Company by the name of Health Care Providers Direct, Inc who are primarily engaged in R&D of innovative diagnostic tests for in-practice use by physicians and clinicians.
Very recently, HCPD Inc received all-important FDA clearance on two Tests that enable those "Life-Essential" products to be sold directly to consumers.
How many of you have been directly or indirectly impacted by COLON CANCER? How many of you are even aware that Colon Cancer has become the 2nd ranked cancer killer in the USA?
Most of you cannot have avoided the growing number of medical media-advocates urging those aged 40+ to undergo an annual colon screening. The simple fact is that MOST of "us" do not seek out a colon exam. Even among those covered by health insurance, fewer than 30% will "volunteer" for that examination for the following reasons:
1: A SENSE OF AWKWARD EMBARASSMENT ASSOCIATED WITH A COLON EXAM
2: A RELUCTANCE TO UNDERGO A COLONOSCOPY WITH IT'S PERCEIVED DISCOMFORT
3: "IGNORANCE IS BLISS!" Best explained by the fact that early stage colon cancer is "silent" and without symptoms. Translated: "I feel great so, why bother?"
Put the above factors together and little wonder that colon cancer has become an increasing medical menace both in terms of the numbers of folks falling victim of mid-to-late stage cancer and the cost of treatment.
Detected in it's early stages, colon cancer can be effectively treated with 90% success.
Mid-to-later stage colon cancer requires aggressive surgical treatment which in many cases leads to radically changed lifestyle changes which are also "inconvenient". Left too late and the result is a painful death.
HCPD INC'S "COLON HEALTH CHECK" is a fast-response AT HOME SELF-TEST which is NON-INVASIVE and 98.3% accurate. In less than 5- minutes the test will show either a negative or positive result.If "positive", users are highly motivated to seek appropriate medical investigation because symptoms have been detected that indicate the presence of POLYPS in the colon that may be benign or cancerous.
At $39.95 the COLON HEALTH CHECK is not only highly convenient and EASY-TO-USE it costs way less than a doctor's office visit plus the added cost of a colonoscopy.
Once thought to be a disease that commonly affects adults aged 45+ the FACTS now indicate that adults aged 25+ are increasingly being diagnosed with colon cancer.
COLON CANCER IS AN EQUAL OPPORTUNITY DISEASE albeit the incidence among the African American population is significantly higher.
Many of you on B/O are under aged 35 with a sense of "immortality". Think again! In any event you have loved ones, parents and relatives who are aged 45+ and you need to make them aware of the need for an ANNUAL colon health check.
HCPD have established an informational website which features a video presented by Brett Bernstein, MD who is Head of the Department of Endoscopic & Gastrointestinal Medicine at New York's Beth Israel Hospital. (colonhealthcheck.com)
The other "Life Esential" Test that has been FDA cleared for consumer distribution is the CHOLESTEROL LEVEL TEST. Again, very easy to use with results in 5-minutes that indicate both your HDL (good) and LDL (bad) cholesterol levels.
Make no mistake about it, sustained elevated levels of LDL cholesterol WILL lead to cardio-vascular problems not the least of which will be high blood pressure caused by the build up of plaque deposits attached the walls of arteries.
Adults aged 25+ are encouraged to have a cholesterol level check-up every three months and again, at $39.95 for a single use Test, way less expensive than a dioctor's office visit.
FDA clearance on the Cholesterol level Test was received within the past couple of weeks and HCPD, Inc have yet to develop a consumer website for that product. So, if you want to order it you might want to send me an email inquiry and I will forward it to the Company who will contact you with "How to Order" information. DO NOT SEND ME YOUR CREDIT CARD INFORMATION - I DON'T NEED IT - I DON'T PROCESS ORDERS - AND NORMAL EMAIL TRANSMISSIONS DO NOT PROVIDE YOU WITH SECURITY.
Some of you may be sufficiently interested in either or both products for business reasons especially if you have a spouse or a friend who is a "Health & Wellness" practitioner or a Certified Nutritionist or ND in private practice. "YES" HCPD, Inc have volume pricing available for purchase by such professionals.
In addition, I have just introduced a special program whereby Non-Profit Health Foundations, Chapters of Philanthropic Organizations (Eastern Star, Freemasons etc) and Churches will receive special pricing on multiple unit orders for their Health Awareness Events. Just email me with brief details, name of Church/Organisation and quantity required.
SOME OF YOU WILL DOUBTLESS COMPLAIN THAT I HAVE POSTED AN "OUT-OF-CONTEXT" PRODUCT ANNOUNCEMENT! Get over it! It just so happens that persons engaged in most sectors of the financial services industry - particularly those who's incomes are RESULTS BASED - are at higher risk of both colon cancer AND elevated levels of LDL cholesterol than the general population. WHY? Higher stress levels, irregular hours, diet/nutritional deficiencies, and a greater reliance on "snack foods" and other fast-foods.
- Last Post by: coopercash on 11/03/2009 @ 03:49 AM
The 2nd Quarter of 2009 indicated limited but welcome evidence that a number of commercial non-bank lenders are cautiously regaining their appetites for the RIGHT deal.
However, the impact of failed loan distress on Capmark Financial, one of the Nation's largest commercial lenders with a reported $2.2-BILLION of first Q '09 losses caused by borrower defaults (2nd Q evidenced close to another $700-million of defaults)has already cautioned most lenders to exercise extreme caution in how they evaluate risk.
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 2008 or early '09 will be accepted by a lender. WRONG! Most lenders want a current MAI Certified appraisal and, at best, MAY agree to having a 4-6 month old appraisal re-certified by the originating appraiser IF that Company is on their approved list.
In most metro markets, values established in 2008 will have fallen by between 20%-30%. 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 "lock fee" of between 0.15% and 0.25% payable when the client accepts the LOI.
"I need 90% LTV!" Forget it. 60% - 75% LTV is the new reality. On construction-to-mini perms think in terms of 60%-65% of cost. Maybe the possibility of a 5% "equity / mez" kicker which will cost the client around 18% + 4-5 Pts.
With regard to NEW commercial project construction, "State, zip code and location" are important keys. An independent Feasibility Study will be usually be requested on retail, office, hospitality and on Assisted Living projects as will an MAI Appraisal from a "Hallmark" provider.
Multi-family housing and student living projects are also of interest.
The game changer is that in today's environment the client needs to have at least 30% and sometimes as much as 40% of TOTAL PROJECT COST available in invest in their project. Mezz and equity "kickers" MAY be available for 5% of total cost.
Many developers are now having to "round up" private investors to come in with any equity deficiency and this has created a need for the developer to create a Private Placement Memorandum which in turn will be the subject of a Private Placement Offering.
One of my associates is a FL based SEC Registered Asset Management Company that can be commissioned to handle both the PPM and the PPO.
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 70% of project cost (if new construction or a development)and up to 75% LTV if a purchase or a refi.
VIABLE PROJECT/COLLATERAL: In the present uncertain 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 our 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 2009 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.
Once considered a "prime" sector... Senior LifeStyle Communities. 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.
EXIT STRATEGY: This can be considered in one of three ways... 1)Sale of completed "units" (houses, offices, retail spaces etc)which will enable the client to fully pay-off the development/construction loan within an acceptable timeframe; 2) Leasing contracts or pre-lease L o Is for completed construction which will produce an income sufficient to meet all overhead costs and debt service plus an adequate margin; 3)Operating income in cases where the property will occupied by the client at completion as might be the case with a professional/medical center, or an automotive repair facility.
Multi-family projects (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 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 20-25% cash invested by client.
In certain circumstances, UP TO 100% Project Financing can be provided for RENEWABLE ENERGY PRODUCTION and "Clean Tech" projects.
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.
On a loan for $10-million or more be thinking in terms of 0.25% - 0.50% of loan amount!
Lenders do NOT like dealing with broker "daisy chains"! They will only communicate with their authorized "gatekeeper" who is the person ***igned to handle, review and present the initial intake information.
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.
Those 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.
Deals can also be considered in Mexico, Costa Rica, Panama, Belize, USVI, Dominican Republic and the Western Caribbean.
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'll get it done!
My contact information provided below.
- Last Post by: coopercash on 11/03/2009 @ 03:48 AM
The past 20-months has seen a severe contraction in the number of banks and conventional financing institutions willing to finance developers of commercial, mixed use and master planned community projects.
Numerous national and regional banks have gone so far as to literally "pull the plug" on established developers with potentially successful projects under way, on schedule and on budget. Reason? Banks are under pressure to improve their liquidity and are simply refusing to provide further draws to developers with a written notice that they want the current loan balance to be paid off ASAP.
In addition, most conventional banks are basically "sitting on their hands" as they attempt to cope with resolving prior development and asset backed loans that have now become problems. However, since March '09, a small but growing number of private non-bank commercial lenders and investment groups are cautiously getting active in the development sector.
Currently, 98% of conventional commercial bank-owned lenders are "allergic" to funding real estate development projects commercial or residential.
Two of my main commercial funding sources qualify developers against the following key criteria: 1- Proven track record of development success; 2- Meet acceptable CASH LIQUIDITY levels; 3- Maintains a strong balance sheet; and 4- Exit strategy whether via lease-out or end sales MUST be viable within current and projected market conditions.
In other words, if the developer is close to "broke" and the project is a "dog" don't even bother to send me an email inquiry!
Minimum funding is $15-million and projects of up to $125-million will be considered. Larger funding requests may be possible if the "lead" lender has the ability to syndicate (share) the total amount with other lenders/investors
A couple of these private investment groups will offer funding on a debt/equity basis which means that the investor will require 15% - 35% equity participation in the project and a "seat on the Board". Board representation is not to cause interference but to provide assurance their capital is being used properly and that progress timetable tables are adhered to on a cost-efficient basis.
Cost of debt provided? Depends on a number of factors among which are financial market conditions. AT THIS TIME, deals are being confirmed at between 6.15 and 9.75 on a term of up to 60-months. Expect the investor to charge anywhere from 1.5 up to 6-Points.
Front end costs and procedures will be fully explained to the client prior to and during the conference call that will be scheduled by the Program Manager assuming that there is true merit to the project and the developer.
A significant amount of time and effort is required in developing the client file and to reduce the possibility of the client engaging with multiple brokers = "loan shopping" I require a formal Engagement Agreement with a retainer of $4,500. The referring broker will receive $1,500 of that retainer fee if they elect to work with me in putting the package together.
The $4,500 retainer is ultimately deducted from the "Success Fee" agreed with the client and paid at closing. I will only accept clients and projects which, based on preliminary information provided by the client, appear to have at least a 70% chance of attracting a lender within a reasonable timeframe. A key component at this early stage is a review of the client's Personal and Business financial statements and an analysis of the Feasibility Study.
A typical loan development process is as follows:
1: Preliminary conference call is scheduled with one or more potentially interested
investors. Assuming that client and the lender achieve a mutual level of comfort, an outline of terms and conditions will be discussed.
2:A LOI and Terms Sheet will follow the conference call at which point the client signs the LOI and Agreement and returns with whatever amount of due diligence, discovery and project analysis fees are required.
3: Assuming a satisfactory outcome of the discovery process a LOC will be issued by the lender and the "countdown" to closing commences.
As a general rule, the client MUST be able to evidence the ability to invest a minimum of 35% of total project cost into the project. If the client already owns the land, then the equity available in that land (based on an MAI Certified Quick Sale value)can be regarded as a part of that 35% cash contribution.
If you have a project that would like me to consider here's what I need: Please email me a well presented EXECUTIVE SUMMARY of not more than 12-pages accompanied by the developer's resume. If the developer has a project website then please provide the address. If you are not sure about how to prepare an Executive Summary please request an example format.
If I believe that the project is worth pursuing I will then request the developers corporate and personal financial statements prior to securing my Engagement Agreement and "Success Fee" Agreement. The "Success Fee Agreement" contains an Addendum which specifies the basis on which Pts earned at closing will be shared with the referring broker...typically a 50/50 split.
B/O MEMBERS: If you have questions regarding the program PLEASE EMAIL ME DIRECTLY rather than posting on this "Announcement". My email address is: coopercash@earthlink.net and please be sure to include your company/business name and contact phone #s.
- Last Post by: coopercash on 11/03/2009 @ 03:47 AM
Best Regards,
Gillee Sherman, California Equity Lenders, Inc.
(818) 584-2318 - Direct
(818) 522-9307 - Cell
(818) 337-2262 - Fax
gillee@calequitylenders.com
www.calequitylenders.com
Easy ‘Hard’ Money for the 21st Century
DRE License #01442660
- Last Post by: Jack Straw on 11/03/2009 @ 12:02 AM
Time to share more email.....this was said to have been written by Buddy Hackett's widow, Sherry Hackett. (Why anyone would like about being his widow, I have no clue). But argue the content, not the author. This summed up for me how I feel. Some of it factually off? Probably, but please demonstrate where. I have tried to research various statements, and have found a couple. I never have claimed to know it all, as much as many would like to accuse me of saying I do. I will say, I am looking forward to Tuesday.
"WE NOTICED"
President Obama:
Today I read of your administrations' plan to re-define September 11 as a National Service Day. Sir, it's time we had a talk.........
During your campaign, Americans watched as you made mockery of our tradition of standing and crossing your heart when the Pledge of Allegiance was spoken. You, out of four people on the stage, were the only one not honoring our tradition.
<font color="red">I think it was the National Anthem that was being played, however, this photo makes him appear very unpatriotic. http://newsbusters.org/blogs/mark-finkelstein/2007/10/20/obama-no-hand-heart-pledge-either-will-msm-notice</font id="red">
YES, "We noticed."
During one of your many speeches, Americans heard you say that you intended to visit all 57 states. We all know that Islam, not America , has 57 states.
YES, "We noticed."
When President Bush leaned over at Ground Zero and gently placed a flower on the memorial, while you nonchalantly tossed your flower onto the pile without leaning over. <font color="red">It is thought the author meant McCain http://latimesblogs.latimes.com/washington/images/2008/09/11/mccainobamagrndzeropeterfoleyap.jpeg</font id="red">
YES, "We noticed."
Every time you apologized to other countries for America 's position on an issue we have wondered why you don't share our pride in this great country. When you have heard foreign leaders berate our country and our beliefs, you have not defended us. In fact, you insulted the British Crown beyond belief.
YES, "We noticed."
When your pastor of 20 years, "God-damned America " and said that 9/11 was America 's chickens coming home to roost" and you denied having heard recriminations of that nature, we wondered how that could be. You later disassociated yourself from that church and Pastor Wright because it was politically expedient to do so.
YES, "We noticed."
When you announced that you would transform America , we wondered why. With all her faults, America is the greatest country on earth. Sir, KEEP THIS IN MIND, "if not for America and the people who built her, you wouldn't be sitting in the White House now.
" Prior to your election to the highest office in this country, you were a senator from Illinois and from what we can glean from the records available, not a very remarkable one.
YES, "We noticed."
All through your campaign and even now, you have surrounded yourself with individuals who are basically unqualified for the positions for which you appointed them. Worse than that, the majority of them are people who, like you, bear no special allegiance, respect, or
affection for this country and her traditions.
YES, "We noticed."
You are 9 months into your term and every morning millions of Americans wake up to a new horror heaped on us by you. You seek to saddle working Americans with a health care/insurance reform package that, along with cap and trade, will bankrupt this nation.
YES, "We noticed."
We seek, by protesting, to let our representatives know that we are not in favor of these crippling expenditures and we are labeled "un-American","racist". We wonder how we are supposed to let you know how frustrated we are. You have attempted to make our protests seem isolated and insignificant. Until your appointment, Americans had the right to speak out.
YES, "We noticed."
On September 11, 2001, there were no Republicans or Democrats, only Americans. And we all grieved together and helped each other in whatever way we could. The attack on 9/11 was carried out because we are Americans.
And YES, "We noticed."
There were many of us who prayed that as a black president you could help unite this nation. In six months you have done more to destroy this nation than the attack on 9/11. You have failed us.
YES, "We noticed."
September 11 is a day of remembrance for all Americans. You propose to make 9/11 a "National Service Day". While we know that you don't share our reverence for 9/11, we pray that history will report your proposal as what it is...a disgrace.
YES, "We noticed."
You have made a mockery of our Constitution and the office that you hold. You have embarrassed and slighted us in foreign visits and policy.
YES, "We noticed."
We have noticed all these things. We will deal with you.. When Americans come together again, it will be to remove you from office.
Take notice.
- Last Post by: velecico on 11/02/2009 @ 10:18 PM
ALL of my contacts have a deal like this maxed out at 75%. 760 fico, TX property, 3 unit, LTV 78%, rate/term refi. Is this a Fannie thing? Anyone know of a lender that will go to 80% on a deal like this?
Thanks for any constructive help.
- Last Post by: VinceRules on 11/02/2009 @ 9:55 PM
condo newyork loan near 416k 85 ltv? Both borrowers above 800, dti about 45 percent. Company was going to do it half point.
- Last Post by: velecico on 11/02/2009 @ 9:44 PM
I am a broker and am trying to get into real estate a little more.
I am in Southern California. Can someone help me understand how I can get access to MLS and the real estate software/fom (WinForm, ZipForm, TruForm, etc.) Would I have to below to any a particular association such as OCAR, SocalMLS, etc and purchase the real estate sofware/forms? Any guidance would help. I have a potential waiting for me to help them with a sell.
Thanks so much.
jyfirstplat@yahoo.com
John
- Last Post by: Hopland on 11/02/2009 @ 7:03 PM
There was a thread a couple of months ago about someone who began whetting everyone's appettie with free leads, then started selling them.Seems as though everyone was happy with them. Anybody have his contact info?
- Last Post by: JasonAaron1 on 11/02/2009 @ 6:59 PM
The Fedor vs Brett Rogers bout is the main event on the Strikeforce fight card and the odds are definitely in favor of Fedor at this point with Emelianenko a -425 favorite at Bookmaker Sportsbook (the 2008 TOW Sports of the Year). The best odds I can find on Brett Rogers in this fight are +350 at 5Dimes Sportsbook (voted best betting odds for 2008).
The Strikeforce Fedor vs Brett Rogers is going to be on primetime network TV and could be the most watched MMA event in the history of the sport considering the hype that is around this fight card. Fedor has lost just once (a cut from an illegal blow that shouldn’t count) while Rogers is undefeated and just knocked out Andrei Arlovski. Rogers also has a considerable size advantage in this fight and some of the most powerful hands in the division.
http://www.theonlinewire.com/21/5745/GAMBLING-ARTICLE/Strikeforce-Fight-Card--Fedor-vs-Brett-Rogers-odds-plus-more.aspx
Also, Jake Shields vs. Jason "Mayhem" Miller is on the card.
- Last Post by: Quicksilver on 11/02/2009 @ 6:45 PM
Files Closed in 10 - 50 days guaranteed. Please Contact me for a test file. Whether file has been sitting in the "QUE" for 6 months or a new submission its all the same. Just need to find investor on file and delegation level at servicer and your files will close. Time is money,so I can get a "preferred" negotiator assigned if in "QUE" within 5 days or you can close file (for a smaller fee) or assign file to my team and we can hit time marks described (full fee).Half upfront,half at closeI have all back end information/guidlines/structure updated to streamline with the added bonus of an "extented" team through out process.Which I can email and share to new clients. I have a file limit of about 200 a month so first quality files get priority.thanks for your time. George/Tia 888-366-9977 or 818-455-5700
- Last Post by: tdpprocessing on 11/02/2009 @ 6:36 PM
<b>Corzine campaign worker arrested</b>
Saturday October 31, 2009 | 9:10 AM
EAST RUTHERFORD, NJ (WABC) -- Jason Shih, an Assistant Deputy Director to the campaign of NJ Gov. Jon Corzine was arrested last night on drug charges.
East Rutherford police say they pulled over the 25-year-old on Route 17 for driving while using a cell phone.
Police say they found 19 ecstasy pills and several hundred glassine envelopes.
He was charged with possession of a controlled narcotic and paraphernalia that is used for distribution.
http://abclocal.go.com/wabc/story?section=news/politics&id=7093019
- Last Post by: GetLoans4me on 11/02/2009 @ 6:35 PM
Looks like AME and Envision are both done
- Last Post by: homebroker@sbcglobal.net on 11/02/2009 @ 6:10 PM
I've been running into problems finding a lender / mortgage insurance guidelines that can do this - any suggestions?
Purchase, loan amount $700k, Los Angeles (CA), Mid fico 756, very low dti, would like 85-90% LTV
I tried Stearns but there MI Mgic is capped at 80%LTV, if fico was 760 they would go 85%LTV
and radian doesn't do CA?
- Last Post by: the_mortgage_guy on 11/02/2009 @ 6:04 PM
Just by golf ball dimpling a car. Make your car look like a Pro V1 and you get an 11% in fuel economy at 65 mph.
How cool is that... You would think a slick streamline car would do better than a dimpled surface but the dimples breakup the air flow and you get better mileage.
Just wonder when you will see a dimpled Nascar or a dimpled car in your local showroom.
- Last Post by: loancloser1342 on 11/02/2009 @ 5:57 PM
Purchase loan - 676 FICO - 85% LTV - 120k
MI companies will not do it in Nevada, does anyone know of someone that has a portfolio product with no MI 85% LTV purchase?
Can not go FHA on the property.
Thanks!
- Last Post by: the_mortgage_guy on 11/02/2009 @ 5:57 PM
Is it even possible to gt a hard money loan on a owner occupied property? Based on section 32 of Regulation Z it seems this is almost impossible to do.
- Last Post by: the_mortgage_guy on 11/02/2009 @ 5:13 PM
I'm trying to find a credit repair company that is reputable. Anyone have any experience with HTDI FINANCIAL? I want to fix my credit first before referring clients. I don't have anything major, just some collections. Please Advise.
- Last Post by: carriemaese on 11/02/2009 @ 5:12 PM
So Mr. Boehner, are you saying that RHINOs are infact welcomed into the Republican "big" tent? I bet it looks big from where he is standing. If only he'd step outside the "big tent" he'd see how smal it really is. Oh well ... I hope that nobody tells him the truth ...
----------
[url]http://politicalticker.blogs.cnn.com/[/url]
Boehner also told CNN Chief National Correspondent John King that Republicans will have “a difficult road to walk to work with relatively new entrants into the political system to show them, that by and large, we are the party that represents their interests.”
But Boehner also tried to downplay the significance of Saturday’s surprise announcement by moderate Republican Dede Scozzafava who decided to bow out of a hotly contested three-way race in New York’s 23rd Congressional District.
“This is a pretty unusual situation,” Boehner said of the decision by conservative Republican Doug Hoffman to run against Scozzafava on the Conservative Party ticket in Tuesday’s special election. “Clearly,” Boehner observed, [Scozzafava] would be on the left side of our party.”
Notwithstanding that GOP civil war that brewed in New York’s 23rd district until Scozzafava’s announcement Saturday, <u><b>the leading House Republican said his party still casts a big, welcome tent to all those who would call themselves Republican.</b></u>
- Last Post by: Mandyvilla on 11/02/2009 @ 5:00 PM
does anybody has experience with these companies? if so how are the quality leads and pricing?
- Last Post by: rpbtos on 11/02/2009 @ 4:45 PM
Anybody do a refi with 9 months credit counseling? 675 midscore.
- Last Post by: mmoody on 11/02/2009 @ 4:27 PM
Dairy Farm in Sonoma County
Any Takers?
Need it wholesale.
Frank.
- Last Post by: fcunnane3 on 11/02/2009 @ 4:07 PM
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