Morgan Brown's (morganb) Blog

GMAC, one of the biggest losers in the subprime mortgage game is attempting to scare up business - literally.  Calculated Risk and Matt over at the OC Register point us to an article by Fortune Magazine senior writer Jon Birger who received a very ominous-worded piece of mail from GMAC about his ...

I have been on the phones a lot more lately as I've shifted my responsibilities from purely marketing to selling and marketing.  This shift has also accounted for a decrease in during-work-hours posting.  I'm trying to change the latter; but am ecstatic to be doing the former.  I love helping pe...

In this edition of the Blown Mortgage Podcast Interview series we interview Dan Green, loan officer with Mobium Mortgage and the author of TheMortgageReports.com; one of the first real estate web logs for consumers.  Dan has expanded in to the blogging space by starting Bring the Blog a blogging ...

Dan Green over at Bloodhound Blog has a timely reminder for all Realtors to look at their existing pipeline and take a few minutes to have their customers requalify with their lenders.  As Dan points out the last few weeks have seen mortgage rates jump as much as .75%; which puts a big damper on ...

From the "You can't make this crap up" file comes this story reverberating across the RE.net blogosphere.  The story?  You can now rent someone else's credit score to improve your score to a point where you can qualify for almost any mortgage you want. Read that again...slowly.  Rub eyes.  Repeat...

Please note - the following post is for refinance transactions where discount points would be paid for in cash out of your home's equity.  Discount points can be quite useful in purchase transactions when contributed by the seller towards closing costs that help with your rate.  This is because ...

Yesterday I had the privilege of joining a "virtual panel" with Rhonda Porter and Brian Brady to discuss the benefits of blogging for mortgage professionals.    Jeff Chasin, author of Blogging and Online Marketing for Mortgage Brokers, conducted the interview.  It was a real delight to share idea...

In this edition we interview Joseph Ferrara one of the owners of sellsius real estate. Joseph along with business partner Rudy Bachraty have developed one of the most talked-about brands in the real estate online marketing space. Joseph talks with Blown Mortgage about the new sellsius business v...

In the final segment of our interview with Brian Brady, we discuss the housing market in Southern California; the challenges that both home owners and originators face over the next 18 months, and what both can do about it. This second part of the interview is extremely beneficial for both consu...

Rhonda Porter wrote a great article for Seattle's Rain City Guide titled "Are you leaving too much on the table?"  The article discusses the broker charges that occur when the seller of a home offers to cover a certain amount of closing costs.  If you've sold a home you've probably been through ...