DALLAS, June 30, 2011 – MRG Document Technologies (MRG), a provider of mortgage document preparation software and loan document packages to banks, credit unions and other lenders nationwide, announced that Marsha Williams, an attorney with the firm, was recently a panelist at the Mortgage Bankers Association (MBA) Legal Issues and Regulatory Compliance Conference. Williams [...]
- Continually advances its AMB mortgage accounting system – IRVINE, Calif., June 30, 2011 – Advantage Systems, a provider of accounting and contract management tools for the mortgage and real estate industries, marks its 25th year of business with company growth and expansion of its Accounting for Mortgage Bankers (AMB) accounting system. Having [...]
The Thirty Thousand Dollar Millionaire. Have you ever heard of this term? It is defined by the Urban Dictionary as “A kid who gets their first adult job making $30,000 a year and thinks they are a millionaire. They usually lease a Lexus because they can’t afford the BMW or Mercedes and generally treats restaurant [...]
When considering the path we are on in this country with inflation rearing its ugly head in more than just the price of oil and gasoline, $4.00 a gallon for fuel just might be considered a bargain in a few years as we look back from the future. In fact, taking into account that the [...]
Will they eliminate what is left of our industry? As we all know the FED rule, after the recent Appellate Court ruling, goes into effect today. I have been significantly involved in this industry, working for NAMB and the Mortgage Broker for over 26 years. I spent many years, along with countless others, to turn [...]
The interdependent relationship of realtors and mortgage originators has dramatically changed since late 2008. Moving forward, proposed regulatory changes look to further impact the lending process and the people operating within it. Mutual success, perhaps even professional survival, has rarely demanded realtors and mortgage originators develop such close, professional partnerships the way it does today. [...]
It should be readily apparent that there are an overabundance of reasons for Bank of America’s CEO, Bryan Moynihan, to be regarded as a massive rear end in a province undeniably replete with rear ends of utterly mammoth proportion. Even the adjectives in that last sentence don’t begin to do the nature of his posterior [...]
On March 25, 2011, the Plaintiffs (NAIHP and NAMB), filed what were thought to be their final briefs in the matter of NAIHP / NAMB v. Board of Governors of the Federal Reserve System. Even though, the two lawsuits were consolidated by the District Court, the Judge did permit the Plaintiffs to file separate briefs. [...]
The 2010 report called Profile of Home Buyers and Sellers 2010 is out and contains a wealth of information about first time buyers, repeat buyers, investment property, FSBO’s and you name it! However, we’ve extracted the info about first time buyers because they represent over one-half of all homes purchased last year. What has skewed [...]
You have heard the clamor – companies are rushing into Facebook to stake their claim and collect on untold riches. Yet very few have measurable successes and those that do in the lead generation space are even rarer. The reason is simple: people are not looking for mortgages, buying cars, or looking for a plumber [...]
A lot of people don’t...
