David Reinholtz's (loanofficerschool) Blog

As the country continues to try and navigate through the tumultuous economic troubles, a question continues to arise throughout nearly ever phase of government and private enterprise when it comes to the recovery efforts. That question deals with whether the programs put in place are actually wo...

While the housing and real estate crisis has gained national attention with regard to homeowners and private property foreclosures, one major facet of this economic downturn has been with commercial real estate, and it hasn't had the attention of its private counterpart. Commercial properties ha...

Technology has changed just about every facet of business and culture. Some for better, some for worse. Sometimes, the dichotomy is apparent. The mortgage industry has not escaped technology's grip any more than other industries had been able to. Yet as we stand on the precipice of a new decade,...

The Community Reinvestment Act of 1977 forbade the practice of basing the cost or availability of banking services, including home mortgages or refinancing on ethnicity. However, a community group in California recently claimed that minorities in their state are now twice as likely to be denied ...

With the news focused almost exclusively on the April 30th deadline of first-time home buyer and repeat home buyer credits looming, one would think that time is running out for home buyers to take advantage of this offer. Sales contracts must be signed by April 30th, though the final closing of ...

One day Suzie homeowner reviews her personal finances and comes to a stomach-churning realization: the house that she has lived in and made payments on and invested with her dreams is worth less than her total mortgage debt. She is deeply "underwater." Her financial situation is serious enough s...

        If you're a mortgage loan officer scrambling for business, you may already know that your efforts are better spent on landing referral sources (i.e., real estate agents) that are a pool of repeat business for you rather than targeting individual borrowers offering business here and there...

For the better part of the past two decades, and even more so in the current decade, homeowners have opted to cash-out when they refinanced their mortgages. It was the basic principle of piling on more debt because, in general, the idea was that the real estate market was strong and that their h...

Following the dramatic expansion in the United States housing market, default rates on subprime and adjustable rate mortgages (ARM's) began to rise. Credit tightened and refinancing became more difficult. Home prices fell. The foreclosure epidemic was a contributing factor in the global economic...

Hi, I welcome everyone to attend this free event on "NMLS / SAFE Act Information and Prep Rally".  More details below: Date: Tue Apr 20, 2010 — Venue: Hyatt Regency, Irvine, CA Duration: One Night Only – April 20, 2010 Fee:  FREE LoanOfficerSchool.com is recognized throughout the mortgage indust...