Bucky's Blog!

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Mortgage and Lending - Funky Quail Vintage
Factual, up to date information, on topics surrounding the mortgage and realestate industry!
RECENT BLOG POSTS
 The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions in order to strengthen its financial sector. It is the largest component of the government's measures in 2008 to address the subprime mortgage crisis. ...
06/30/2009
 I saw this picture and could not resist...sorry...if it is too disturbing for some..please turn away.... Recently, an ugly series of events have been occuring within Active Rain, and other blog sites...and I have heard ALOT of comments about this from agents using Zillow as well.  I have come t...
06/26/2009
Much like many of my posts, I am inspired by something that happened to me, is happening, or has happened to someone else, or in this case, a blog by another ACTIVE RAINER.   I spoke to a couple of senior members on this website before I posted this information, because I had considered linking t...
06/19/2009
Apparently, the general consensus amongst many people is that Mortgages are easy to do and that communication solves everything!  Well, today I have decided to give everyone a glimpse into my life in the Mortgage business.  True enough, maybe the actual MORTGAGE is easy, but it is the "hunting & ...
06/17/2009
"A Search and Hold provides information of record as to the current property owner, to be used for reference when listing a property." This product also advises the Realtor and Lender of any potential pitfalls such as an IRS lien, unreleased mortgage, 2nd or 3rd mortgage,lis pends, other names i...
06/10/2009
I have had 3 things come up lately that ARE LITTLE THINGS...that have turned into BIG things...so I am sharing with everyone as a learning experience!  These are pitfall items that can cause you grief at the end of a transaction!  Let's deal with them up front shall we?? 1.  Chattel- On the OTP  ...
06/08/2009
Well, he is an ACTIVE RAINER, an Evil Mortgage Genius, and a Cowboys Fan, but now he is also a "Guru of Wall st".      Congrats to TOM BURRIS!  You do not JUST get the GOLD STAR, as I am also bestowing upon you the "BLUE STAR"! Tom was quoted in this article on Bloomberg.Com by Brian Louis talkin...
06/05/2009
I received an update yesterday from Wells Fargo, and as usual, they are getting in front of the change!  YEAH for them!  Here is what I received...PAY ATTENTION LOAN OFFICERS! One more thing we can thank WALL ST for..  However, are any of these REALLY bad ideas??Only one I SEE, is that NOW, and I...
06/02/2009
Do you make assumptions about OPEN HOUSES, because they have not worked in the past??  Well, DON'T DO IT!  Don'put the cart before the house, I mean horse!! LOL....Remember, this is from a "Lenders Perspective!"   I did a blog a couple of months ago, that was recently featured, and after such an ...
06/01/2009
  This looks nice huh??  I have worked over 22 different golf outings in the last 11 years, and here is my SHORT LIST of suggestions to make them WORK FOR YOU and/or your business!  One question before we begin though....Do you have business cards on you right now??   1.  GET assigned a PAR 3 hol...
05/30/2009
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