Jason Myers's (jmyers) Blog

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Mortgage and Lending
RECENT BLOG POSTS
The nationally acclaimed dining experience of McCormick & Schmick's seafood restaurant (http://www.mccormickandschmicks.com/) will make its Triangle debut July 10 at Crabtree Valley Mall in Raleigh. Be sure to go to this wonderful seafood restaurant.  It is Exellent!  
06/18/2008
Kiplinger's Personal Finance magazine has listed Raleigh as the country's second best place to live in 2008, behind only Houston. The city is "a work in progress," Kiplinger's says in its July issue, which will hit newsstands on June 10 and is currently online. It's long been a good place to work...
06/18/2008
Nationally, home prices are falling, unemployment is on the rise and the economy is expected to grow slowly--or even contract--in the first half of the year. But some cities are doing just fine. Out of the top 10, Raleigh (#5) and Charlotte (#9) are two of the top 10 recession-proof cities in Ame...
06/09/2008
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If your organization's production has been negatively impacted by:Declining Market (Distressed Market) restrictionsLoan-to-Value  (LTV) reductionsIncreased minimum credit risk scoresReduced seller concession limitationsIncreased cost for mortgage insuranceIncreased required borrower contribution ...
05/05/2008
The practice of adding an applicant as authorized user of an existing credit line to improve the applicant's credit score also known as "piggy back credit" may actually get the loan rejected from several major lenders according to originators around the country. Recently both FICO and Trans Union...
07/19/2007
RealtyTrac released its January 2007 U.S. Foreclosure Market Report, which shows that 130,511 new foreclosure filings were reported during the month, an increase of 19 percent from the previous month and an increase of 25 percent from January 2006. The report also shows a national foreclosure rat...
03/01/2007
The Internet has revolutionized the way we live in countless ways. We are able to access news as it's happening, email friends and relatives all over the world, and purchase anything from cars to vacation packages with a few clicks of the mouse. What's ironic is that we frequently neglect to use ...
02/15/2007
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You might wonder, "When is a lead no longer a lead?" A lead is always a lead until the person tells you to stop calling. The key to success in sales is professional persistence. Take time to earn the loyalty of prospects by showing them that you add more value to the equation than anybody else in...
02/13/2007
Despite a downturn in the residential real estate market in many areas across the country, the Triangle posted yet another record year in 2006 for new home starts and closings. According to data released Thursday by Metrostudy, construction began on 16,766 new homes in the Triangle in 2006, compa...
02/01/2007
Two fantastic sources for entrepreneurs are The E-Myth Revisited¹ by Michael Gerber and Rich Dad's Cashflow Quadrant² by Robert Kiyosaki. Gerber's book is accurately sub-titled: Why Most Small Businesses Don't Work and What to Do About It. He examines the small business and the entrepreneur, and ...
01/30/2007
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