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Origination News back issues
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1st Met Plans To Join Hestia; Both firms have FHA approvals.(News)(Brief article)
July 1, 2009... Byline: Paul Muolo
CHARLOTTE, NC-1st MetropolitanMortgage here, once a top-ranked loan brokerage and net branch operator, has struck a deal to merge with another lender and then become part of Hestia Financial of Dallas.
Daniel Jacobs, president of 1st Metropolitan, has confirmed the...
A Blast From the Past; The www.mortgagegrapevine.com community discusses how to market to Realtors in a pair of threads.(Mortgage Marketing: Internet)
July 1, 2009... The www.mortgagegrapevine.com community discusses how to market to Realtors in a pair of threads.
Divot: It has been a while since I targeted Realtors. A lot has changed in the last two years and I need some refreshers on what grants are available, what programs help more borrowers close...
New Truth In Lending Regulations; What's old, what's new and what's prohibited.(Mortgage Marketing: Marketing Maven)
July 1, 2009... Byline: Leslie Petersen
Yikes! There are 94 pages of revisions to Regulation Z of the Truth in Lending Act, and hardly anyone's heard about them. And there's just so much you need to know. Nothing's effective until Oct. 1, 2009, and you will truly have enough time for implementation.
...
The World's A-Twitter; Social net nets mortgage firms new leads.(Mortgage Marketing: Technology)
July 1, 2009... Byline: Mark Fogarty
Mortgage companies by the thousands are following the lead of the kids who pioneered social networks like Twitter. They are discovering that, while they don't have to bulletin the world with Twitter's original idea of telling everybody what you are doing at this...
Superstar of the Month; Brian McCorvey is a survivor by adjusting how he does business to meet the new conditions.(Mortgage Marketing: Cover Story)
July 1, 2009... Byline: Brad Finkelstein
Part of being a survivor in today's mortgage origination business is the ability to shift your business model to meet the demands of the new environment.
Brian McCorvey, the founder of Community Mortgage Services in Roswell, Ga., has done so, switching from a...