ARCHIVED BLOG POSTS
2011
Today, let's look at three important guidelines for using social media on the job. Remember that once you post a comment, or make a blog entry, you have lost control of where it will go and who will see it. Of course, this is even true with verbal comments we make off-line and hard copy notes we ...
05/31/2011
A New Jersey man who owned and operated two foreclosure rescue companies has pleaded guilty to his role in a mortgage fraud scheme in order to commit wire fraud and money laundering. Ronald Harris Jr. allegedly caused mortgage lenders to fund dozens of fraudulent loans that totaled more than $10 ...
05/31/2011
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It's a holiday weekend in the middle of year, and as summer approaches what better time to preview our 'Five Mortgage Firms to Keep an Eye On (And Why)' report. A more extensive analysis of these five (and five additional companies) will appear next month on the MortgageStats.com website, which f...
05/31/2011
Is now the time for a contrarian play in wholesale lending? Consider the case of Total Mortgage Services, an up and coming lender based in Milford, Conn. Today it announced that it has hired five new wholesale account executives, bringing to 12 its AE headcount. Two years ago it was strictly a re...
05/31/2011
Much has been written about mortgage sales people needing to create a social media marketing strategy. It is a great way to get positive buzz about the services provided. But like on those pesky chat boards on the Web, a negative message can do a lot of harm. And given the speed in which items ge...
05/31/2011
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WASHINGTON-Federal regulators are facing a lot of pressure from Congress and industry groups to revise their risk retention proposal. At a recent congressional hearing, both Republicans and Democrats were critical of the proposal that requires a 20% downpayment on "qualified residential mortgages...
05/31/2011
REALTORS (r), in case you didn't know it...this time next year if things don't change...most buyers will be required to put down 20% in order to buy a home due to the new Qualified Residential Mortgage rules. The new QRM Guidelines will be in full force April 2012. (Jumbo mortgages....expect 30%...
05/31/2011
WARNING: This post contains information that will cause the average real estate agent to feel, jittery, nervous and down right ornery. Only consume this real this real estate information if you are a Harris Real Estate University trained agent. All others...you have been warned. ...I kid...I kid....
05/30/2011
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Trying to expand your client base but unsure where to start? Here are 7 effective real estate advertising ideas to help you grow your pipeline. 1. Social Media Jump on board the Facebook, Twitter and LinkedIn real estate train. Sure you've heard this before, and you've likely boarded this train ...
05/30/2011
Thanks to Charlie Sheen, who just listed his Sherman Oaks home for sale, Mel Gibson is no longer Hollywood's most controversial star. Gibson recently re-listed his Lavender Hill Farm on the Malibu real estate market with a million dollar price cut, going from $12,750,000 down to $11,750,...
05/30/2011