loanofficerschool

CFPB: What It Means to You

In the wake of the ongoing real estate recession, the federal government has introduced a variety of measures designed to protect consumers and weed out unprofessional or predatory mortgage loan originators. One of these actions has been the creation of a... Read >

Building a Stronger Future Through Mortgage Refinancing

Several years ago, throughout the first half of this past decade and well into the last decade, refinancing of home loans was a term that had become quite popular, and common. Homeowners seemed to be in a constant rotation of refinancing to access the equ... Read >

Facing Foreclosure? Deed in Lieu Foreclosure Can Salvage Some Credit History

There’s no hiding from the ugly truth out there; the economic crisis as well as the housing industry collapse has left millions of people scrambling for answers where it pertains to keeping their homes or, if that’s simply no longer possible, how to get o... Read >

Buying Short Sale – The Waiting Game and Crossing Fingers

When new homebuyers, or even seasoned veterans, step into the current environment of home buying, they notice some incredible deals on the market. They may stroll around a high-priced neighborhood, like what they see, but feel that it’s just out of their ... Read >

Time for Uncle Sam to Step Up for the Responsible Homeowner

Just about all of the media coverage, as well as the government assistance programs and relief regarding homeowners –from foreclosures to short sales and everything in between- has focused primarily on those individuals who were defaulting on their loans,... Read >

Educate Consumers that Loans are Investments in the Future

Right now, in this current economic crisis that the world is facing, with an uncertain future, it can be challenging to convince many people that loans are actually a great investment in the future. Of course, that certainly all depends on the type of loa... Read >

Unemployed Homeowners No Longer Eligible for Some Mods

Well, it shouldn’t really come as much of a surprise for millions of people who follow the housing industry, or current events for that matter, but the foreclosure rate continues to climb in the United States, despite all of the efforts of the HAMP stimul... Read >

Any Recourse for Short Sale Shortcomings?

Short sales can be great deals for investors and homebuyers looking to save a lot of money and are willing to take on a fair shade of work. The problem is that sometimes these incredible deals aren’t quite what they were marketed to be. In fact, sometim... Read >

The McMansion is Going the Way of the Dinosaur

It may be long overdue, but the McMansion appears to have finally reached its end. This can be joyous news for many environmentalists who have long seen these monstrosities as a waste of resources, energy, and symbols of materialistic society. For bui... Read >

The Benefits of Going Green for Homeowners

In this day and age, everyone seems to be jumping on the proverbial ‘green’ bandwagon. From multi-national corporations to small local businesses, there is an environmental angle to just about every consumer product. For homeowners, the benefits of going ... Read >

Reasons to Refinance Now

How many homeowners have you worked with in the past who seemed overwhelmed by the entire process? If you’re like most mortgage brokers or real estate agents, then you know quite a few. There are seemingly countless people who have bought homes who w... Read >

The Condo and New Car Comparison

The economic climate has created a number of previously unseen, and in some cases unthinkable, scenarios within the housing market. While many industry professionals are still trying to hang on to any shred of hope and liquidity and income, there are some... Read >

Kitchen Renovation – On the Cheap

During the current Great Recession, people who had plans to renovate their homes have put those plans on the proverbial shelf and are waiting for the recovery to begin. With all the politicians in Washington touting the recovery in progress, most homeowne... Read >

The Federal Reserve Board Passes New Regulations

What consumer advocates have been fighting for throughout so many years is finally coming to fruition, but it might seem that it is a little too late. Of course, hindsight is always twenty-twenty and when it comes to government action, being a decade or t... Read >

The Oil Spill and the Housing Economic Impact to the Region

By now, anyone who hasn’t been paying much attention to the national news will find this article a bit over their heads. Of course, it is assumed that in fact anyone and everyone who is involved in the real estate market at some level, be it mortgage brok... Read >