The Future of Real Estate Lending

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The mortage industry has changed drastically. How will these recent changes affect the industry in the future, and what is needed for stabilization?

 

 

It goes without saying that the mortgage industry has seen some major changes recently.  Some of these changes may be temporary, but others will likely have lasting effects.  What will be the future of real estate lending?  What trends will emerge?  What regulations might we expect?

Share and discuss your vision for the future of real estate lending. . .

Sep

10
2009

9-11 Memorial Events - Please Participate In Your Area

"On 9-11-09 join a free motorcycle ride dedicated to the memory of the 343 FDNY Firemen, 61 Police Officers and all those who tragically lost their lives on that historic day. The goal is to draw Patriotic Americans together on a Remembrance Ride to honor these brave Americans. "The Ride" and public Ceremony is open to all."

Here is a link to a long standing 9-11 memorial ride here in SoCal: http://www.remember911ride.com

Please post other events you may be attending in your area - And remember:

All Gave Some - Some Gave All - NEVER Forget !!

Thank you, Danny

Thank you,  more...

Aug

28
2009

US SecretaryTreasurer and obvious financial genius Timothy Geithner overpriced his home listed in Feb HIGHER than 2006 values.

Of course it's end-of-the-month crunch time.

Extra pressure to make sure those escrows and fundings close smoothly.

But take a 4min break and watch this clip -

Then get back to work....

http://www.thedailyshow.com/watch/wed-july-29-2009/home-crisis-investiga...

Thanx, Danny

Thank you,
Respectfully,

Danny C. Flucke Jr. - Senior Partner
Nationwide Mortgage Experts
Direct: (714) 624-9479

Email: DCFJ@NationwideMortgageExperts.com
Websites: www.NationwideMortgageExperts.com / www.NaMoEx.com  more...

Aug

18
2009

Click To Support Reversal Of The Business-Destroying HVCC Legislation - And Forward NOW !!!

URGENT HVCC UPDATE:

Thank you to everyone who responded to our article last month concerning the business-destroying HVCC legislation - And for signing our petition to overturn it.

HVCC continues to devastate home values across the US. The mortgage industry is now faced with EXPANSION of the HVCC fiasco with higher Fannie and Freddie loan limits.

HVCC will carry through to former “jumbo” markets forcing more and more downward preasure on homeowners real estate values.  more...

Aug

5
2009

Taylor Bean Must Cease All Originations AND FUNDINGS Effective Immediatetly

Press Release issued 10min ago:

OCALA, FLORIDA – TAYLOR, BEAN & WHITAKER MORTGAGE CORP. (“TBW”) RECEIVED NOTIFICATION ON AUGUST 4, 2009 FROM THE U.S DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, FREDDIE MAC AND GINNIE MAE (THE “AGENCIES”) THAT IT WAS BEING TERMINATED AND/OR SUSPENDED AS AN APPROVED SELLER AND/OR SERVICER FOR EACH OF THOSE RESPECTIVE FEDERAL AGENCIES.

TBW HAS UNSUCCESSFULLY SOUGHT TO HAVE THE TERMINATION/SUSPENSION DECISIONS OF EACH OF THOSE AGENCIES REVERSED. AS A RESULT OF THESE ACTIONS, TBW MUST CEASE ALL ORIGINATION OPERATIONS EFFECTIVE IMMEDIATELY.  more...

Aug

1
2009

Fathers Memorial Flag Hand-To-Hand Delivered From SoCal To Florida

The Patriot Guard Riders (PGR) has been tasked with Hand-To-Hand delivery of a father’s memorial flag from SoCal - To his daughter (Jennifer) in Florida.

This ride will cover 6 states with stops to hand off the flag to the next group of riders for the next leg of the trip.

Day one / Riverside, CA to Ehrenberg, AZ / 177 miles
Day two / Ehrenberg, AZ to San Simon, AZ / 382 miles
Day three / San Simon, Az to El Paso, TX / 200 miles
Day four / El Paso, TX to San Antonio, TX / 553 miles
Day five / San Antonio, TX to Lake Charles, LA / 340 miles  more...

Jul

29
2009

Mortgage Servicers Are Under Pressure to Modify More Loans

This Wall Street Journal article illustrates how focused everyone is on the lender -- With little more than a glance given to distressed homeowners. It is interesting to note that while the various government bodies are cleaning up the "loan mod" industry - They still have not issued any sort of consumer guide to help homeowners needing assistance. Here are a few tips:  more...

Jul

23
2009

The New (MDIA) Will DRASTICALLY Change Your Real Estate Business On July 30th

On July 30, 2009, some of the provisions of the Mortgage Disclosure Improvement Act of 2008 (MDIA) go into effect and lenders, mortgage brokers, title agents, real estate agents, and real estate brokerages need be alert as to these new federal governmental regulations. Here are the details for the MDIA:  more...

Jul

10
2009

Former Countrywide Execs To Profit From REO Markets

Does anyone else find this ridiculous?

Former CW senior executives are now heading up a company with Fannie and Freddie REO contracts - Even though they have ZERO real estate selling experience.

(Is that why they are just now getting their real estate licensing in order...?)

They make Multi-Millions in salaries and bonuses at CW - Which certainly had a major hand in creating this real estate bubble - Only to turn around and profit again from the REO market.

Here is the link: http://blogcatalog.com/search.frame.php?term=countrywide+reo&id=c38dad1c...  more...

Jun

5
2009

HVCC - ONLINE PETITION TO VOICE YOUR OPINION

In just weeks - Over 16,000 agents have spoken out and signed an online petition asking for the recall of the HVCC legislation.

HVCC legislation requires a third party to control the appriasal process. It was designed to eliminate "influence" from lenders and real estate agents who might pressure for a higher value.

Since this legislation was designed by politicians and not actual business people - It causes undue stress and frustration for home buyers and refinance candidates - While not solving any of the issues mentioned.  more...

Dec

31
2008

Make a Scene! It's a Celebration! Happy New 2009 to You,Family and Friends

As we reflect and get ready for the Year-End and look forward to the Year-Ahead,

we at The Real Estate Investor Network(REINclub)

wish you a NEW YEAR 2009 filled with the best of

health,peace,prosperity,full of hope,abundance,and

resolution to make this the best year ever (in profitable

investing especially in real estate).

Happy New Year!
Susan Ordona
http://susan.reinclub.com
http://www.reinclub.com/susan/warondebt.html