Broker Magazine articles from December 2007

Broker Magazine archives from December 2007

Development Over Training.
December 1, 2007... You can no longer go to a conference in the mortgage broker industry without hearing two words being used: education and training. Industry trade groups are using these words in their efforts to promote the professionalism of their members. ...

Upcoming Conferences.(Calendar)
December 1, 2007... BROKER: December 2007 to March 2008 This calendar of events contains a number of key events worth noting: MBA-NJ is holding the Hispanic Mortgages Lending Conference in Atlantic City December 6 - 7 Mortgage Management Conference...

Successful People Have Common Traits.
December 1, 2007... Does intelligence lead to becoming a success? Then there are those that believe successful people benefit from their parent's wealth. One observer on the subject says the truth is successful people share several common traits that are not...

True Innovation Leads To Business Success.
December 1, 2007... Those companies that are successful in tough times claim to be innovative in how they conduct their business. But what does being innovative really mean? "The factors that must be in place to support innovation are not a mystery," said...

Crisis Creates More Regs: States react to problems in the marketplace.
December 1, 2007... CALIFORNIA New Disclosure Form in Use The California Department of Real Estate is requiring mortgage brokers to give a new disclosure statement to prospective home loan borrowers whose loan involves a nontraditional mortgage product....

Seals of Approval: Seeking to fight the portrayal of the mortgage broker as the bad guy, a number of groups have created their own quality seals for their members to subscribe to.
December 1, 2007... Whether it is true or not, four words have become closely associated by politicians and the media with the current subprime crisis: "the unregulated mortgage broker." This statement has created consumer trust concerns, which in turn has...

No Champagne in Beantown: As Boston was getting ready to celebrate another World Series victory, the mood at the Mortgage Bankers Association convention was pensive.
December 1, 2007... MARK: The question on everybody's mind is when will we get to the bottom of the mortgage recession and how long will it take for the market to get back to a good, thriving, level of business? RON: That is a pretty fair question. I don't...

Seminar Mistakes: Or, "I gave a seminar and no one showed up!".
December 1, 2007... Do you remember your favorite teacher? Mine was Mr. Claus, who taught world government. Since I grew up in a small town, world government was the farthest thing from my mind at the time, but he made it interesting and I wanted to learn more,...

In The News: Outlook: The hangover sets in as originators look to the horizon for answers.
December 1, 2007... This past year, 2007, was the year that the party in the mortgage industry truly ended. OwnIt Mortgage's demise in early December 2006 foreshadowed the devastation the mortgage industry would - and continues to - experience. Delinquency and...

In The Know: Setting Out: The mortgage broker can help the title agency do its job by being proactive and communicative.
December 1, 2007... Title insurance is one of the least understood parts of the mortgage transaction by the consumer, yet in at least 49 states (Iowa has a state-run title guarantee system) the product is needed to close a loan. There are two parts to title...

Advertisers' Index.
December 1, 2007... Accidental Millionaire/1Touch 22 Calculated Industries 16 CitiMortgage 11 Document Systems/Doc Magic 3 Document Systems/Loan Magic 23 FAMB 10 ...

From the MBA Convention.(Mississippi Bankers Association )(Brief article)
December 1, 2007... The contingent from office staffing firm Workway attending the MBA convention included Roger Iris, executive vice president, and Amber Lillard, account manager. Lydian Data Services made the trip up the East Coast from Atlanta to Boston, a...