MARTY's Blog

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Mortgage and Lending - LINCOLN MORTGAGE
THE MISSION OF THIS BLOG IS TO EDUCATE AND UPDATE CLIENTS INTERESTED IN CHANGES AND TRENDS IN THE MORTGAGE INDUSTRY, TO ENCOURAGE DIALOGUE AND INVITE EVERYONE, FROM RENTERS AND FIRST TIME HOMEBUYERS TO INVESTMENT/SECOND HOME AND EVEN COMMERCIAL CLIENTS. I WILL DO MY BEST TO ENSURE A CONCISE, ACCURATE ANSWER. I'VE BEEN IN THE INDUSTRY SINCE 1987, AND I STAY ABREAST OF THE CHANGES IN PROGRAMS AND GUIDELINES. REST ASSURED THAT IF I DON'T KNOW THE ANSWER TO A QUESTION, I'LL DO MY BEST TO GET IT.
RECENT BLOG POSTS
Somehow, spending another fall (night) in Philadelphia does not sound as wonderful as the old Hall & Oates song portrayed. As a lifelong Philly sports fan, here comes that 'rainy day feeling' again. Or, more accurately, that 'kicked in the stomach' feeling is here again. To set the stage, Phils u...
10/29/2008
4 Comments
I know that a lot of you are already aware of the short sale process and what's involved. I just sat in on a  webinar in which they laid out the most effective way to get a (favorable) response from the bank. I've outlined that information below:   I) PROVIDE TO LIEN HOLDER/LENDER: 1) COPY OF LIS...
10/23/2008
3 Comments
Was anyone as distracted as I by the running score on the edges of the TV during the debate last night? I found myself watching it to the point that I was too busy trying to figure out who scored what, and why, to listen to the candidates. I would like to think that I have enough intellingence to...
10/03/2008
I recently had a happy hour conversation with a friend who stated that a vote for McCain is a validation of all that Bush and the Republicans did wrong. "Look at the national debt," he reasoned, " And the mess the economy's in." He is a sharp guy, always well informed, and I'm more inclined to ar...
10/01/2008
Two months ago I didn't know a blog from a log. Just last month I was lucky enough to be invited into the Active Rain Community by an old friend, Bill Wagner, of Keller Williams in Northfield, NJ. I cannot overstate how much info I've received already, and how many great contacts I've already met...
09/25/2008
4 Comments
OK, its been 3 days and I have finally recovered enough from the excrutiating loss to talk about the monday night game. If you missed it, it was a track meet of a football game, in which the Eagles had control most of the game but lost to the Cowboys at the end. I've got to think that even people...
09/18/2008
3 Comments
Well, what does everyone think of the Fannie/Freddie bailout? As a taxpayer, I'm not happy about it, although I am hardly surprised that we're going to pay the freight. As someone who depends upon our industry for a living, I have to say that its a step in the right direction. Now, whether you be...
09/12/2008
0 Comments
THE WAVE OF ADJUSTABLE RATE MORTGAGES THAT WERE PROLIFERATE DURING THE EUPHORIC UP MARKET HAS LEFT A LOT OF PEOPLE ALL DRESSED UP WITH NO PLACE TO GO. MANY OF THESE LOANS HAVE RESULTED IN NEGATIVE AMORTIZATION, PARTICULARLY THE 'PAY OPTION ARMS' THAT GOT SO MUCH PLAY DUE TO THE LOW 'DEFERRED INTE...
09/02/2008
THE COLLEGE FOOTBALL SEASON IS OFF AND RUNNING AND FANS OF WEST VIRGINIA HAVE TO BE SMILING A LITTLE BIT AFTER RICH RODRIGUEZ ABSORBED A LOSS IN HIS FIRST GAME AT MICHIGAN. MEANWHILE, WVU APPEARS TO BE LOADED. ALTHO A WIN OVER SMALL SCHOOL PROGRAM VILLANOVA DOESN'T PROVE MUCH, WVU IS DEEP, TALENT...
09/01/2008
7 Comments
I GENERALLY AGREE WITH THE MEMBERS WHO RESPOND TO 'POLITICAL OPINION' POSTS WITH A "WHAT'S THIS GOT TO DO WITH REAL ESTATE?" RETORT. BUT I WANT TO THROW THIS OUT THERE. I READ WHERE MADONNA'S RECENT PERFORMANCE INCLUDED A SLIDE SHOW IN WHICH PICTURES OF GW AND McCAIN WERE INTERSPERSED WITH SCENES...
08/30/2008
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MARTY HANCOCK

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