Archive
Matthew 6:14-15
14For if ye forgive men their trespasses, your heavenly Father will also forgive you:
15But if ye forgive not men their trespasses, neither will your Father forgive your trespasses. (Matthew 6:14-15, King James Version)
Lenders Rushing to Close HECMs Before Deadline
Effective October 1, the proceeds on FHA-insured reverse mortgages will be reduced by 10% — a swift policy change that has spurred lenders to beat the deadline so their clients can borrow more.
Two More Mortgage Vulture Funds Go Public
Two additional mortgage vulture funds went public this week — both as REITs — but their IPOs failed to catch fire with investors.
Congressional Research Service Suggests Creating 20 Housing GSEs
The nation’s housing market might be best served by creating up to 20 housing GSEs, according to a recent report by the Congressional Research Service.
More Trouble in Commercial: Luxury Hotel Owners
Luxury hotel owners are at risk of defaulting on their commercial mortgages as the recession reduces occupancy rates, and the credit crunch constrains refinancing as banks and other lenders become weary of renewing existing lines.
Serious Delinquency Rate at Freddie Tops 3%
The serious delinquency rate on Freddie Mac guaranteed single-family loans broke the 3% mark in August, the highest reading ever posted by the mortgage giant.
New GMAC Correspondent Unit Focuses on Community Lenders
The correspondent and warehouse lending division of Ally Bank, a unit of GMAC Financial Services, has created a correspondent community bank team that will purchase closed residential mortgage loans from banks, thrifts and credit unions.
Mortgage Rates Hold Steady After Busy Week
Mortgage rates moved lower a few basis points yesterday after prices of mortgage backed securities steadily appreciated throughout the day. At 5pm, MBS prices were near their highest level in over 4 months. The main driving force of the move higher was a much weaker than expected existing home sales report. Since many believe that the economy will not recover until housing improves, this disappointing report led to investors selling stocks and moving their money into the relative safety of the fixed income market. Currently, MBS prices sit at the very top of the recent trading range that has kept mortgage rates relatively stable over the last few weeks. By days end lenders passed along the best rates we have seen since early summer. …(read more)
Mortgage Rates Improve Following Fed Statement
The secondary mortgage market went on quite a ride yesterday! Following a weaker than expected 5 year Treasury note auction, market participants hurriedly sold their fixed income investments ahead of the FOMC statement. This led to MBS falling below the recent range and a few lender reprices for the worse. However, following the release of the Fed statement, Treasuries rallied, the dollar recovered losses, and stocks sold off. When all was said and done MBS managed to close the day near the upper end of the current trading range, allowing lenders to reprice for the better, keeping mortgage rates in the same stable range they've in over the last few weeks. …(read more)
Online Video…The Future
Is your primary concern to increase your sales and profitability?
If you’re like me, that is definitely your concern… especially today.
So where is the best opportunity today to increase your sales and profitability?
Online Video.
Did you know that over 10 BILLION videos are watched every single month… just in the U.S. alone! And people spend on average 3.5 minutes watching an online video.
This really is the future.
Actually, I have felt a little left behind on how to generate sales and leads on the Internet using online video-so I sought out the best online video expert out there to help us take advantage of web video.
We experimented with his system and with 1 little test video online we took a product that was not selling and generated just over $23,000 in 1 week!
Needless to say, that proof made me a believer.
Now we’re selling everything using his methodology.
And so I asked this man if I could interview him for you so you could see exactly how to harness the online power of video to ramp-up your own lead, sales, and revenue generating machine.
He’s helped many others take advantage of video. Folks like Tony Robbins, Mark Victor Hansen and Bob Allen.
But more importantly, he’s helped literally thousands of business owners just like you and me get a grip on how to do this profitably.
There is absolutely no charge to discover the most profound and important thing we have done this year for our business… it has absolutely blown us away and it will do the same for you.
All you need to do to join me for this no-charge webinar is click the link below-you’ll see a signup page there, and a quick video as well.
I promise you this webinar will be worth your time.
You will discover…
* The step-by-step blueprint to quickly and easily get your video online and quickly ranked in Google and Yahoo
* How to CONVERT traffic into leads and sales using videos
* The secret formula to getting interaction with your customers and prospects using video
* Become free of answering the same questions about your business over and over… this one technique will save you hours
* Why online video is the best way to get established as an expert… gaining credibility and authority with your audience
* The best ways to create videos… even if you don’t want to be on camera
I can’t wait for this interview where you’ll discover how to put online video and social media to work for your business.
I’ll “see” you on the webinar.
Make sure you reserve your spot today before they run out!
Words Of Wisdom
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