Mortgage Training Institute

http://mtiservices.wordpress.com/2010/06/11/will-processing-delays-force-you-from-the-business/

Increase Your Market Reach for Free

We may be in a difficult market…but one of the bright spots is the ability to increase your business using products for free that would have cost hundreds of dollars even thousands of dollars just a few years ago. One the best products I’ve found to expand our market, has been LivePresenter. This product has not [...]

http://mtiservices.wordpress.com/2009/05/26/increase-your-market-reach-for-free/

Developing Your Business – Tip No. 4 – The Government offering No Down purchases?

In the midst of a collapse in the mortgage and financial markets and a tightening of credit underwriting guidelines, is it possible a true No Down Payment opportunity still exists, and is one you can actually get closed? As far fetched as it may sound, the answer is a resounding – yes, maybe! The American Recovery and [...]

http://mtiservices.wordpress.com/2009/03/16/developing-your-business-tip-no-4-the-government-offering-no-down-purchases/

Developing Your Business – Tip No. 3

Have you ever thought about your business hours? Not your company’s hours of operations, your business hours. Are you a 9 to 5 type? Or do you put in 70 – 80 hours a week? How would you define your hours of operation to your customers? Too often the mortgage industry is seen as open [...]

http://mtiservices.wordpress.com/2009/03/11/developing-your-business-tip-no-3/

The recession is ruining your business!

Turn on you local news, pick up a newspaper, read any blog or even listen to President Obama, the economy is in a serious recession and your business is likely to decline and possibly fail. Prepare yourself, cut your expenses, trim your staff and pray you can make it.

http://mtiservices.wordpress.com/2009/03/06/the-recession-is-ruining-your-business/

Developing Your Business – Tip No. 2

Today’s economy may provide your customers wealth building opportunities they may never have considered in the past. With traditional investment sources, such as the stock market, falling to 15 year lows, many consumers should consider moving their money to “Their Own Bank.” No not the bank down the street, but rather they should become their [...]

http://mtiservices.wordpress.com/2009/03/04/developing-your-business-tip-no-2/

Developing Your Business – Announcement

With our current economic times, we as consumers and business owners must become creative in our decision making. MTI has recently begun a blog series designed to provide sales tips for the residential mortgage finance industry, and ideas these professionals may use to benefit their clientele. Each week a tip or idea will be posted, [...]

http://mtiservices.wordpress.com/2009/03/04/developing-your-business-announcement/

Developing Your Business: Tip No. 1

If someone were to ask you to define your business in one statement, what would it be? Would you say something about your products or services? Would you say something about your service to the community or specialization in a particular area of town? Allow me to suggest a statement: “Everyone of an adult age I [...]

http://mtiservices.wordpress.com/2009/02/23/developing-your-business-tip-no-1/

The Future of E-Learning

As we progress further and further into the 21st century we find ourselves engulfed in technology. Technology not only advances our society, it has changed our perception of the world. Think back as a young adult, around 16 to 18 years of age. You just got word that “Bon Jovi” was gearing up for a [...]

http://mtiservices.wordpress.com/2009/02/18/the-future-of-e-learning/

Mortgage Business After the 2009 Economic Stimulus Package

President Obama signed the American Recovery and Reinvestment Act of 2009 into law. So what does that mean for your mortgage business? Whether you’re in favor of the package or not, one thing is certain, the American public knows nothing about this $787 billion dollar debt. The average American knows our economy is in trouble, [...]

http://mtiservices.wordpress.com/2009/02/17/mortgage-business-after-the-2009-economic-stimulus-package/

Bankrate.com: Mortgage Matters Blog Headlines

Mortgage mods for profit

Mortgage rates have held fairly steady since the middle of last week.

http://www.bankrate.com/brm/story_content.asp?story_uid=28669&prodtype=mtg

A successful MHA refi

A note, sent yesterday, from a reader named Matthew.

http://www.bankrate.com/brm/story_content.asp?story_uid=28666&prodtype=mtg

Wrong-headed regulators

I have an article up today -- "Want to refinance? Know the details" -- in which I describe the Home Affordable Refinance program as confusing.

http://www.bankrate.com/brm/story_content.asp?story_uid=28661&prodtype=mtg

Rate trends and firecrackers

A reader named Cindy asks: "Are mortgage rates predicted to go down next week? What things should I be considering before going ahead?"

http://www.bankrate.com/brm/story_content.asp?story_uid=28647&prodtype=mtg

Foreclosures? Let 'em rent

In response to my blog post from last week, "Theodicy and mortgages," Michael Hilmen writes about artificially high home prices.

http://www.bankrate.com/brm/story_content.asp?story_uid=28641&prodtype=mtg

HUD Press Releases

U.S. DEPARTMENT OF THE TREASURY, U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AND THE AD COUNCIL UNVEIL NATIONAL PSA CAMPAIGN TO RAISE AWARENESS OF MAKING HOME AFFORDABLE PROGRAM

NEW YORK, NY July 28, 2010 - The Advertising Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), announced today the launch of a national public service advertising (PSA) campaign designed to encourage homeowners who are struggling with their monthly mortgage payments to learn about the Making Home Affordable Program. While over one million homeowners have already received assistance from the program, the national campaign encourages other struggling homeowners who may be eligible for assistance to reach out for the help they need through free resources made available by the Federal Government. The PSAs direct homeowners to visit MakingHomeAffordable.gov or call 1-888-995-HOPE 1-888-995-HOPE (4673) to see if they may be eligible for assistance to make their mortgage payments more affordable and to understand options they may have to avoid foreclosure.

http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/2010/HUDNo.10-167

OBAMA ADMINISTRATION AWARDS $19.5 MILLION TO PRODUCE MORE ASSISTED LIVING SENIOR HOUSING IN FOUR STATES

WASHINGTON -Elderly Americans in Arizona, Maryland, New York and Ohio will soon find themselves living in upgraded apartments equipped to meet their physical needs because of $19.5 million in grants from the U.S. Department of Housing and Urban Development. HUD today announced the grants to help convert existing multifamily projects into assisted living facility for the elderly. A detailed summary of each grant is attached to this release.

http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/2010/HUDNo.10-165

OBAMA ADMINISTRATION ANNOUNCES CONFERENCE ON HOUSING FINANCE REFORM

WASHINGTON - Today, the Obama Administration announced expanded opportunities for public engagement on the future of our nation's housing finance system, including Fannie Mae and Freddie Mac. These events, which will include a major conference in Washington, D.C., will help provide critical public input as the Administration continues its work developing a comprehensive housing finance reform proposal for delivery to Congress by January 2011.

http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/2010/HUDNo.10-164

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR KENTUCKY STORM VICTIMS

WASHINGTON - U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to Pike County in Kentucky and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding and mudslides.

http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/2010/HUDNo.10-160

HUD CHARGES CHICAGO ARCHITECT, DEVELOPER WITH FAILURE TO BUILD APARTMENTS THAT ARE ACCESSIBLE TO PERSONS WITH DISABILITIES

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging a Chicago developer and architect with housing discrimination for designing and constructing apartments that fail to meet the accessibility requirements of the Fair Housing Act. HUD's charge contends that Hector Castillo, Hector Castillo Architects, Inc., and 914 W. Hubbard, Inc. is inaccessible to persons with disabilities in several ways, including having doorways that are too narrow, and kitchens and bathrooms that do not contain adequate maneuvering space.

http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/2010/HUDNo.10-159

Quicken Loans Mortgage News

Market Update – S&P 500 Results Higher Than Estimates

It’s a Buyer’s Market: Tips for Sellers ... Mortgage Rates Fall Temporarily, But Higher Overall ... Low Long-Term Rates Stimulate Home Purchase Activity ... ]]>

https://www.quickenloans.com/mortgage-news/market-update-sp-500-results-higher-estimates

Falling Home Prices Creates Urgency For Homeowners Wanting To Refinance

Cash-In Refinancing: Is It Worth It? ... Housing Prices Still Falling, But Not For Long ... Falling Mortgage Rates Boost Refinance Activity ... ]]>

https://www.quickenloans.com/mortgage-news/falling-home-prices-creates-urgency-homeowners-refinance

Market Update – Treasuries Up After News of Recovery Slowing

Quicken Loans Capital Markets Update – High Durable Goods Orders Show Factories Included in Economic Recovery ... Quicken Loans Capital Markets Update – Predicted Increase in Home Sales Suggests Economic Recovery ... Capital Markets Update – Drop in Jobless Claims Causes Bonds & Treasuries to Sell Off ... ]]>

https://www.quickenloans.com/mortgage-news/market-update-treasuries-news-recovery-slowing

Cash-In Refinancing: Is It Worth It?

3 Tips That Help Make Sense of Refinancing ... FHA Loan Cash-Out Refinance Guidelines Changing – For the Worse! ... Should I Refinance My Mortgage? ... ]]>

https://www.quickenloans.com/mortgage-news/cash-in-refinancing-is-it-worth-it

Market Update – Case Shiller Index Higher Than Expected

S&P/Case-Shiller Index Indicates Stabilization of Housing Sector ... Case-Shiller Index Rises for Fourth Consecutive Month ... Capital Markets Update – Jobless Claims Down Slightly ... ]]>

https://www.quickenloans.com/mortgage-news/market-update-case-shiller-index-higher-expected

Top 10 VA Loan Myths & Facts

What is Required to Qualify for a VA Loan? ... VA Loosens Disability Regulations: How This Affects Your VA Loan Funding Fee ... Veterans: Should You Choose a VA Loan or an FHA Loan? ... ]]>

https://www.quickenloans.com/mortgage-news/top-10-va-loan-myths-facts

How To Buy A Foreclosure – 6 Simple Tips

Things to know when buying a foreclosed property ... Buying A Foreclosed Home. Good Investment or Risky Business? ... Tips to avoid foreclosure ... ]]>

https://www.quickenloans.com/mortgage-news/how-to-buy-a-foreclosure-6-simple-tips

Market Update – New Home Sales Expected to Increase

Quicken Loans Capital Markets Update – Predicted Increase in Home Sales Suggests Economic Recovery ... Quicken Loans Capital Markets Update – Home Sales Expected to Have Rose By 5% ... Existing Home Sales Increase Fueled By First-Time Home Buyers, Low Mortgage Rates ... ]]>

https://www.quickenloans.com/mortgage-news/market-update-home-sales-expected-increase

Miss Out on the Homebuyer Tax Credit? You Can Still Deduct Mortgage Interest

Homebuyer Tax Credit of $15,000 Re-Introduced to Congress ... Last Minute Tax Tips and Deductions for Homeowners ... Tax Tips for Homeowners ... ]]>

https://www.quickenloans.com/mortgage-news/homebuyer-tax-credit

Market Update – Better Corporate Profits Quell Fears of Further Intervention

Capital Markets Update – Dow Falls Over Fears of European Debt ... Quicken Loans Capital Markets Update – New Homes Sales Report Exceeds Expectations ... Quicken Loans Capital Markets Update – Pending Home Sales Show Slight Gain ... ]]>

https://www.quickenloans.com/mortgage-news/market-update-corporate-profits-quell-fears-intervention

Daily Mortgage Update by Interest.com

1. Take advantage of every tax break

http://mortgages.interest.com/content/trends/article.asp?ID=2009126112122CAUFAVCHZYSLZKQXOXQSFZYVECOZLO

2. Save money with the right gas

http://mortgages.interest.com/content/trends/article.asp?ID=2009126111423JHBMHCJOGFZSGRXEVEXZMGFCLJVGSV

3. Mortgage rates fell this week -- and should level off -- after the Fed stopped pushing rates up

http://mortgages.interest.com/content/trends/article.asp?ID=2006892350LJDOJELQIHBUITZGXGZBOIHENLXIUX

4. Mortgage rates fell this week -- and should level off -- after the Fed stopped pushing rates up

http://mortgages.interest.com/content/trends/article.asp?ID=20068923114IFAKFBHNEEXREPWDUCVXKEDAJITEQT

MTI Blog

Bankrate.com: Mortgage Matters Blog Headlines

HUD Press Releases

Quicken Loans Mortgage News

Daily Mortgage Update by Interest.com