Haven’t you heard? It’s still a grueling process for borrowers to obtain a mortgage. And the mortgage industry is buried in regulation and compliance requirements that make the …
Reverse Mortgages No Longer “The Loan of Last Resort.”
(Inspired by, Reverse Isn’t ‘the loan of last resort’ Anymore, by Ryan Smith, Mortgage Professionals of America, 9/24/14.) In the past, consumers often viewed a Reverse Mortgage as …
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Mortgage Wealth Advisors Launches an Assistance Program for Local Companies and Organizations
FOR IMMEDIATE RELEASE In today’s challenging and competitive economic environment, organizations are seeking ways to add value and benefits for their employees, all while …
New Scam Targets Realtors and Home Buyers
(As reported by News Channel 3, Kalamazoo, MI) John Pace was just two days away from closing on his new home when he received an email. It was from his realtor and included …
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“Delayed Financing.” What Every Realtor and All-Cash Buyer Should Know.
According to RealtyTrac, over 50% of home purchases in New York this year have been “all-cash” transactions. That’s an incredibly high figure! Many of these buyers were foreign investors. …
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The Dangers of Commoditization
Throughout the mortgage industry, mortgage companies far and wide are all selling essentially the same products. Mortgage loans have been compared to commodities. However, Mortgage Professionals …