RECENT BLOG POSTS
I know some of these are rediculous, but in all seriousness I have received loan applications where this information was not completed.  Why?  The loan originators tells me the borrower "wasn't sure".  Of course this is funny, the saddest part is the loan officers actually forwarded me the apps w...
08/06/2008
Today I spoke to two different borrowers who presented me with the most insane frustrating scenarios.  I had to share, because in a way I suppose its humorous. Conversation #1: Me: we are going to need to present your loan with a letter of explanation to the lender for the late payments on your m...
08/05/2008
When I process loans for you I speak with your clients all the time, sometimes daily.  The number one complaint your clients have is that they can never track you down, and they feel like they have to track you down in order to talk to you.  This amazes me!  I would think in this market, that you...
08/04/2008
The answer is, true professionals make money still in the mortgage business.  Let's face it, its harder than ever to do loans in 2008.  The only mortgage brokers and loan officers I see who are still employed and are still making money are the true professionals.  There are no more offices where ...
07/31/2008
Let me put it this way, if you were buying a house that is new construction, would you prefer to buy one that had plans drawn up by an architect, or ones that the builder pulled off the internet for free? With the dawn of automated underwriting, whether it be DO, DU, LP or a lender's propriatary ...
06/23/2008
Considering the current market conditions, my answer to this very common questions is "why wouldn't you"?  For so many small to medium sized mortgage brokers and lenders a contract processing company makes all the sense in the world.  Here's why: First, let's talk money.  Not really anyone in the...
06/14/2008
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Colleen Couture

local_phone(401) 486-7638
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Colleen's thoughts regarding processing, underwriting, and originated mortgages in today's competitive market.