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Human resources consulting firm Personnel Decisions International announced new research that shows companies face a substantial employee skills shift as 22.5 million baby boomers are on schedule to retire during the next 10 years and company leadership transitions to Generation X managers born b...
06/19/2007
James Comtois of Broker Universe released the numbers from The Mortgage Asset Research Institute LLC has delivered its Ninth Periodic Mortgage Fraud Case Report to the Mortgage Bankers Association. The report examines the current state of residential mortgage fraud and misrepresentation in the Un...
06/13/2007
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I read this and had to share.  They are forecasting that online news will overtake TV news within five years, according to a recent Harris Interactive poll released at the World Association of Newspapers conference in Cape Town, South Africa.While the likelihood that most readers will eventually ...
06/11/2007
Joel Pate from Broker Universe was talking about all the sudden craze for Rehab loans.  Here is some great info to help everyone out.  Rehab loans for investors max LTV is limited by the program guidelines of each specific permanent loan. For example, I know of a loan program for a 640 FICO full ...
06/11/2007
As the problems with subprime mortgages continue to work through the system, GreenPoint Mortgage, a subsidiary of Capital One Financialhas announced it is closing 12 of its operational centers and some branch offices with the loss of approximately 440 positions, primarily account executives, unde...
06/07/2007
Longer term mortgage rates hit 2007 highs during last week according to the results of Freddie Mac's Primary Mortgage Market Survey. With the exception of the one-year adjustable rate mortgage (ARM) rates have gone up 20 or more basis points in the last two weeks.The 30-year fixed-rate mortgage(F...
06/06/2007
Mortgage Daily News is saying that "Flips" can be a good deal. You can almost spot them from the listing sheet. They tend to be among the smaller homes in an area and the listing sheet highlights the fact of new carpet, new appliances, and/or fresh paint. Sometimes a major selling point is that a...
06/05/2007
Reading Marketing Prof's this morning, I noted a great article by Spike Jones.  I have done it in the past and it makes great sense.  "It's easy to admire Apple's stylish TV spots, which personify the Mac as a smart hipster bemused by the luckless PC's endless problems. The ads highlight a Mac's ...
05/31/2007
IN my reading this morning, I learned that Lexicon Marketing Group has created a mortgage brokerage company, Su Hogar sin Barreras Mortgages Inc., to help place Hispanic families on the path to homeownership.  THIS GREAT RESOURCE!!!  Su Hogar sin Barreras Mortgages Inc., which translates to "Its ...
05/31/2007
James Comtois from Mortgage Daily News is reporting that Wachovia Foundation has recently given Neighborhood Housing Services of America a $2 million grant to provide support for Just Price Solutions, NHSA's e-commerce platform.JPS, which helps individuals qualify for prime loans by establishing ...
05/31/2007
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