MortgageVox: September 2006 Archives

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Sep30	Home Owner Beware Right in our own Backyard Taffy Wagner September 30, 2006 Know More: FAQs, Mortgage Brokers 2.0, FAQs Every now and then I get to hear the local radio programs in the morning if I am out running errands. There has been this advertisement for Altus Home Loans running for a very long time. So much so that my husband had even been considering their program. I explained to him that I did not believe this was a reputable copmany and why I felt that way. Here in our paper two days ago it shares that a mortgage broker failed to pay taxes. Lo and behold, it is that very company that I felt uneasy regarding what they were offering. I have to share this with several people because they might fall for this as well. So glad I was paying attention to all of the different mailings and wording on documents. Posted at 4:42 AM \| Permalink
Sep30	3 Red Flags for Predatory Lending Taffy Wagner September 30, 2006 When I think of a red flag, it makes me think stop. Go the other way, do not proceed. What about you? Someone was telling me about predatory lending a few months ago and was asking how to aovid it.... Continue Reading Posted at 4:30 AM \| Permalink
	Mortgage Broker Registration Step in the Right Direction Taffy Wagner September 30, 2006 Here at last is something that a lot of people in Colorado have been waiting on. Clearly the fact that Colorado was number one in the nation for several months in foreclosure says the industry was not regulated. Now, October... Continue Reading Posted at 3:33 AM \| Permalink
	Boosting Credit Score for Loan Taffy Wagner September 30, 2006 When you have bad credit and are trying to boost your credit score for a loan, there are several things you should know. First and foremost, getting an increase in credit score takes time with re-establishing good credit. Time and... Continue Reading Posted at 2:25 AM \| Permalink
	Exercise Caution for Subprime Loans Taffy Wagner September 30, 2006 I had heard of subprime loan without really knowing what it is. So today was the day I did a little research regarding subprime loans. That is one of my motto's if you do not know about something, look it... Continue Reading Posted at 1:30 AM \| Permalink
	Mortgage Documents in Spanish Taffy Wagner September 30, 2006 There has been various stories in the media where different organizations have taken advantage of African Americans and Hispanics when it comes to their lending policies. I believe part of that is because of a lack of understanding the information... Continue Reading Posted at 12:35 AM \| Permalink
Sep29	FHA Lender Approval Requirements Taffy Wagner September 29, 2006 I imagined FHA had its own lender program. What I did not know was that it would be as stringent as it appears. I wonder how long it takes a corporation or organization to be approved as a lender. Especially... Continue Reading Posted at 11:30 PM \| Permalink
	650 Jobs Come to North Valley Taffy Wagner September 29, 2006 According to the Business Journal of Phoenix, a Connecticut mortgage firm is bringing 650 jobs to north Phoenix over the next three years. This is good when in some areas it seems as if the economy is not growing as... Continue Reading Posted at 10:20 PM \| Permalink
	One of the Largest Mortgage Fraud Cases in History Taffy Wagner September 29, 2006 What sense would it make for me to write this blog without sharing this news from DS News. Apparently, there has been a lawsuit filed by Countrywide accusing organizers of buying homes then fraudulently selling them. Ok, true enough that... Continue Reading Posted at 9:30 PM \| Permalink
	Mortgage Fraud is it Mainly Appraisers? Taffy Wagner September 29, 2006 In my opinion, I do not believe it is mainly appraisers. Sure there are those that are inflating property values which hurt a lot of people in the long run. However, this is not the only form of mortgage fraud.... Continue Reading Posted at 8:25 PM \| Permalink
	6 Documents You Need When You Begin the Loan Application Process Taffy Wagner September 29, 2006 When you are preparing to purchase a house, I am sure you have heard it is a lot of paperwork. There is a lot of paperwork that you will receive in the beginning and throughout the process. Even when you... Continue Reading Posted at 7:20 PM \| Permalink
	Lawyer Guilty of Mortgage Fraud Taffy Wagner September 29, 2006 Mortgage fraud is becoming the every day crime in my opinion. Not only are people in the mortgage industry committing fraud but attorneys, some pastors and even federal workers. This time the story comes from Gwinnett Daily Post about a... Continue Reading Posted at 6:20 PM \| Permalink
	Lenders to the Rescue Taffy Wagner September 29, 2006 I came across this story on WBALChannel.com sharing how “Officials Warn of Mortgage Fraud.” Upon reading this story, it is one that I have heard before that happens to elderly or ill people. You might even say people that are... Continue Reading Posted at 4:20 PM \| Permalink
	Lenders All Over Taffy Wagner September 29, 2006 If you are like me and watch TV, the mailings that come in you will see there are many lenders in every state. If there are not a lot of lenders within your state you can find online lenders that... Continue Reading Posted at 3:20 PM \| Permalink
	HUD Grant given to Duluth Group Taffy Wagner September 29, 2006 This is what I like to see homebuyer education at its best. Housing services in Duluth have received a grant to help with a wide variety of housing counseling for homeowners, low-to moderate income renters and homeless. What an opportunity... Continue Reading Posted at 2:34 PM \| Permalink
	Top 4 Questions and Answers on Getting a Secured Credit Card Taffy Wagner September 29, 2006 Is a secured credit card a good idea or a bad idea for someone trying to establish good credit? Well, Kelly this is a subject that I have touched on a couple of times when giving seminars on credit. A... Continue Reading Posted at 1:30 PM \| Permalink
Sep28	Mortgage Amnesia Taffy Wagner September 28, 2006 Once again, here is one of those stories that I just had to read. This time it was a story in our local paper, The Denver Post. The story is titled "Mortgage amnesia hits home." from the title alone, it makes... Continue Reading Posted at 2:53 AM \| Permalink
	Norwich's Main Street lineup Increases Taffy Wagner September 28, 2006 Expansion is happening for this mortgage company and location is very important. new mortgage firm which had its formal opening showed how storefront space could be best used. Money Market Mortgage, now there is a name for you secured space... Continue Reading Posted at 1:35 AM \| Permalink
	Top Four Steps in Homebuying Process Taffy Wagner September 28, 2006 I probably could tell you these steps in my sleep. I have been speaking so much over the last couple of weeks about homebuying, I believe it is worth repeating. These are steps you want to take in this order... Continue Reading Posted at 12:35 AM \| Permalink
Sep27	Taking a Stand Against Fraud Taffy Wagner September 27, 2006 Every once in a while you come across a story where people begin fighting back personal or professional and you want to pat them on the back. This is one of those times. This organization, Lenders Who Care is standing... Continue Reading Posted at 11:53 PM \| Permalink
	Lending Tree Seventh Annual Partner Summit Taffy Wagner September 27, 2006 I have to share this is one of those topics that always seem to interest me. Whenever a company or organization has a conference where you can meet colleagues or even new partners, I would be there. On Monday, September... Continue Reading Posted at 10:53 PM \| Permalink
	Mortgage Company Settles Taffy Wagner September 27, 2006 This is one of those stories that I could not pass up that I saw on HUD website. Why because it is talking about HUD reaching a $500,000 settlement with a mortgage company in Atlanta . Apparently what happened is... Continue Reading Posted at 9:55 PM \| Permalink
	Three Factors that lead to a Difficult Housing Market Taffy Wagner September 27, 2006 We have all saw several stories in the media about how the housing market has been difficult. Let me share with you what I have seen makes the housing market particularly challenging at this time. 1) Without a doubt... Continue Reading Posted at 8:55 PM \| Permalink \| Comments
	Top Four People in Mortgage Decision Taffy Wagner September 27, 2006 After sharing tons of information with the audience last night in a short amount of time, this made me want to write this. Over and over I was getting a lot of questions as these people were preparing for homeownership.... Continue Reading Posted at 7:58 PM \| Permalink
	Four Mortgage Types Taffy Wagner September 27, 2006 As I was sharing with the class last night, I wanted to impress upon them the importance of understanding the loan process. I shared with several types of mortgages: 1) A traditional, 30 yr fixed mortgage. One gentleman asked... Continue Reading Posted at 6:55 PM \| Permalink
	Mortgage Questions Taffy Wagner September 27, 2006 I did a seminar last night at one of our local libraries which was in a series of seven that I completed throughout the month. I initially was there to speak and teach on money management and dealing with debt.... Continue Reading Posted at 5:53 PM \| Permalink \| Comments
Sep26	Three Ways to Get Leads for Loan Officer Taffy Wagner September 26, 2006 Being in the mortgage industry can prove to be challenging at different times based on the need for leads. Leads drive the business and keep a loan officer employed because without leads there would not be a need for a... Continue Reading Posted at 5:34 PM \| Permalink
	VP at Topdot Mortgage Taffy Wagner September 26, 2006 I received a comment tonight from the Senior VP at Topdot Mortgage. I want to say thank you to the Senior VP for taking the time to read my blog. I want to share part of what he had to... Continue Reading Posted at 3:19 AM \| Permalink \| Comments
	Five States Where Homeowners are Behind on Payments Taffy Wagner September 26, 2006 As I was reading over news that relates to mortgages and homeowners, I read this story from Asbury Park Press regarding people falling behind on mortgage payments. The following are five states where people are falling behind on mortgage payments:... Continue Reading Posted at 2:13 AM \| Permalink
	Technology for Mortgage Professionals Taffy Wagner September 26, 2006 I have to share this link with you all because I found it to be very informative. A fellow blogger from Colorado shared this link with me. Thanks Todd from Lenderama. This has proven to be a very informative blog... Continue Reading Posted at 1:05 AM \| Permalink
Sep25	Flat Fee MLS Service Taffy Wagner September 25, 2006 I have known about multiple listing service for a while based on several factors: when we were in the process of selling our home our realtor listed it with the MLS here in Colorado and there were several companies here... Continue Reading Posted at 7:13 AM \| Permalink \| Comments
	Home Auctions in Florida Taffy Wagner September 25, 2006 It seems as if home auctions are becoming the norm in several states. I did not know anything about homes being auctioned just a few months ago and know I read stories about this all the time. The last time... Continue Reading Posted at 6:09 AM \| Permalink
	Negative Amortization Taffy Wagner September 25, 2006 I saw this term earlier and immediately got a bad taste in my mouth. Why you say? Because of the word negative. This already tells me that you are going to be going in the opposite direction of where you... Continue Reading Posted at 5:08 AM \| Permalink
	Rent to Own Home Programs Taffy Wagner September 25, 2006 When I saw this title as I was reading releases on prweb.com, I had to stop and see what they were talking about. This company is suggesting you get into a rent to own program for those with bad credit.... Continue Reading Posted at 4:06 AM \| Permalink
Sep23	Stepping Up Marketing Tools Taffy Wagner September 23, 2006 My husband used to photograph and print real estate flyers for several realtors here in the Metro area. I cannot not tell you the number of times the realtors would tell him, I got a new customer based on the... Continue Reading Posted at 6:33 PM \| Permalink \| Comments
	What Costs are Involved in Purchasing a House for $1 Taffy Wagner September 23, 2006 I would have to think there are a lot of costs involved besides moving the house. Are you prepared to purchase a lot? Where will the lot be and is it going to be in a neighborhood you can afford?... Continue Reading Posted at 5:30 PM \| Permalink
	You Can Buy a Home for a $1 Taffy Wagner September 23, 2006 Does anyone really buy a home for a $1. I have to admit upon seeing this on the email that was forwarded to me from a friend, I was quite skeptical. However, curiosity set in and I had to see... Continue Reading Posted at 3:29 PM \| Permalink
	Be Careful when choosing a Home Inspector Taffy Wagner September 23, 2006 When my husband shared with me about our friend and the house, I told him our friends should be happy they have a good realtor. I said this primarily because if that inspector had been working on the side of... Continue Reading Posted at 2:27 PM \| Permalink
	Investors Have Homes for Sale Taffy Wagner September 23, 2006 It has been a busy morning in our household discussing the real estate market and people in the industry. I was sharing with my husband about my interview. He shared with me about some of our friends that chosen a... Continue Reading Posted at 1:25 PM \| Permalink
	Lender's Responsibility or Consumer Taffy Wagner September 23, 2006 This morning I did a radio interview with The Valder Beebe Show regarding my book Homebuyer’s Helper (How to Have and Hold on to your House). I shared with Ms. Beebe that a consumer can have their payment for their... Continue Reading Posted at 12:22 PM \| Permalink
Sep22	Foreclosure on the American Dream Taffy Wagner September 22, 2006 We have all read over and over about foreclosures in many states. As a matter of fact, initially it surprised me all the different states that were reporting a higher number of foreclosures than they had ever had in the past. I read... Continue Reading Posted at 5:00 PM \| Permalink
	Educating Consumer about Foreclosure Taffy Wagner September 22, 2006 As a mortgage broker, banker or lender have you ever thought about educating consumers about foreclosure and how to avoid foreclosure? I would believe with all the stories regarding foreclosure and people sharing how unprepared they are, this would be... Continue Reading Posted at 4:30 PM \| Permalink
	Educating Consumer about Foreclosure Taffy Wagner September 22, 2006 As a mortgage broker, banker or lender have you ever thought about educating consumers about foreclosure and how to avoid foreclosure? I would believe with all the stories regarding foreclosure and people sharing how unprepared they are, this would be... Continue Reading Posted at 4:30 PM \| Permalink
	Cuts happening at Countrywide Taffy Wagner September 22, 2006 When in the real estate and mortgage industry, job security is not necessarily a term that is popular at this time. There are companies that are merging and some companies are closing down. I thought Countrywide was doing real well... Continue Reading Posted at 3:30 PM \| Permalink
	Housing Slump One Reason for Economic Growth Taffy Wagner September 22, 2006 I knew there was a slow down in the housing market, but I did not know that was one of the reasons that the Federal Reserve policymakers cited the housing slump as one of the reasons economic growth is... Continue Reading Posted at 2:04 PM \| Permalink
Sep21	Homes Overpriced Taffy Wagner September 21, 2006 According to a story I read on CNN.com, housing is still overpriced even in the apparent market cool down. What does this say? Was it because of the higher interest rates that we all witnessed recently or the ARMs that... Continue Reading Posted at 7:20 PM \| Permalink
	Homeowner as a Sitting Duck Taffy Wagner September 21, 2006 We did not quite categorize it this way as this TV station in Seattle that said Homeowners are sitting ducks for exploitation. However, as we discussed loans and purchasing a home during our virtual book tour today we shared how... Continue Reading Posted at 6:30 PM \| Permalink
	Virtual Book Tour Discusses Mortgages Taffy Wagner September 21, 2006 Today my partner and I discussed purchasing a house during our Virtuous Woman Virtual Book Tour. This day was dedicated to sharing with our attendees about purchasing a house and obtaining a mortgage from a consumers perspective. We shared with... Continue Reading Posted at 5:35 PM \| Permalink
	Educating Mortgage Clients Taffy Wagner September 21, 2006 This is one area that is well worth writing about. If as a mortgage broker, banker or lender you take the time to educate your clients about the mortgage process, do you realize the potential for growth you are going... Continue Reading Posted at 4:24 PM \| Permalink
	Consumer Take on Responsibility Taffy Wagner September 21, 2006 I received a comment from a reader regarding the Ex-Lender sharing secrets. I must agree with him as consumers, we should take on some of the responsibility for the choices we make. It is not all the lender or brokers... Continue Reading Posted at 3:19 PM \| Permalink
Sep20	Confidence is poor for Homebuilders Taffy Wagner September 20, 2006 We have all heard in the media about the glut of houses that are on the market. This has lead to builders confidence dropping. That is understandable because if there are more returning to the market from foreclosures, what would... Continue Reading Posted at 5:36 PM \| Permalink
	Mortgage Applications on the Rise Taffy Wagner September 20, 2006 I believe this is good news for the mortgage industry. Mortgage applications are on the rise again. Applications had been down for some time and hurting a lot of people in the mortgage industry. I read today on CNNMoney that... Continue Reading Posted at 4:32 PM \| Permalink
	Profiting from his Knowledge Taffy Wagner September 20, 2006 I thought this worth my continuing about the ex-lender who is sharing all. He has actually written a book on this subject. Now, not only did he make money when he was in the mortgage industry and now he continues... Continue Reading Posted at 3:26 PM \| Permalink
	Ex-Mortgage Lender Shares Secrets Taffy Wagner September 20, 2006 Imagine my surprise when I saw this story on BusinessWeek regarding this ex-mortgage lender that spills the secrets. Someone who is telling all. Maybe he is not telling it all but some details. Think about it, how many peope are... Continue Reading Posted at 2:20 PM \| Permalink \| Comments
	Coloradoans setting Mortgage Blog Trail Taffy Wagner September 20, 2006 Lo and behold yesterday, I was contacted by another mortgage blogger. Imagine how pleased I was when I discovered that this blogger was also in Colorado. I must admit I had been to his blog when I first started and... Continue Reading Posted at 1:09 PM \| Permalink
Sep19	$50M Debt Mortgage Offer Completed Taffy Wagner September 19, 2006 When I saw this earlier, I meant to write about it then but was temporarily distracted. I was looking at the Memphis Business Journal and it shares a story about Equity Inns complete a $50M mortgage debt offering. This $50M... Continue Reading Posted at 8:21 PM \| Permalink
	West Coast Lender expands to East Coast Taffy Wagner September 19, 2006 Talk about expanding your territory. Have you all heard that Residential Pacific Mortgage is opening offices in Connecticut and South Carolina. That is a very lucrative move which will no doubt turn some profits for them. Now they can say,... Continue Reading Posted at 7:15 PM \| Permalink
	MortgageAmerica CEO chosen for an influential position Taffy Wagner September 19, 2006 When I read about this I felt it was worth sharing. It is not every day that you see someone get moved to a position of great influence. Here, I was reading Birmingham Business Journal and it was sharing how... Continue Reading Posted at 2:21 PM \| Permalink
	Commercial Could be Marketing Tool Taffy Wagner September 19, 2006 I saw a commercial a couple of days ago about HouseValues to find out what the value of your home is. I remember when we were selling our home we used HomeGain. Then I began thinking about could a mortgage... Continue Reading Posted at 1:49 PM \| Permalink
	Targeting Single Parents Taffy Wagner September 19, 2006 I received a comment from a reader regarding my blog about Marketing to Single Parents. Understand that I am not a lender; however I do speak with single parents every month. I share with them about preparing for homeownership which does... Continue Reading Posted at 1:14 PM \| Permalink
Sep18	No Charges in Freddie Mac Probe Taffy Wagner September 18, 2006 Okay, I can see I am a little behind the ball on this one. That would be because I have gotten focused on marketing the mortgage business. I see where last week they say that there are no charges in... Continue Reading Posted at 6:40 PM \| Permalink
	Mortgage Law Under fire - Matter of Opinion Taffy Wagner September 18, 2006 I was reading over this story in the Chicago Tribune where it talks about this law that required financial counseling for certain individuals before purchasing a home. When I continued reading it said it was initially set up to stop... Continue Reading Posted at 5:21 PM \| Permalink
	Auction Education Website Taffy Wagner September 18, 2006 You all know that I am just getting used to the idea of auctioning a home and now I find out there has been an auction education website developed. Talking about needing to stay abreast of all the changes in... Continue Reading Posted at 3:13 PM \| Permalink
	Getting a Realtor to You! Taffy Wagner September 18, 2006 Can you get a good realtor to come to you even though they have a mortgage broker or banker they work with? I would imagine you could. Why do I say this? If you walked into a realtors office with... Continue Reading Posted at 3:06 PM \| Permalink
	More Marketing Techniques Taffy Wagner September 18, 2006 I have to tell you readers the more I try to move away from this subject, the more I believe comes that I should address or share. Why you say? Marketing is very crucial to any business. It either makes... Continue Reading Posted at 1:54 PM \| Permalink
	Marketing to a Single Parent Taffy Wagner September 18, 2006 I remember speaking with one of my friends whose new job had become a mortgage banker. He was sharing with me the ins and outs of what he was doing and the fact he was able to write loans in... Continue Reading Posted at 12:15 PM \| Permalink \| Comments
	Employment in Mortgage Industry Taffy Wagner September 18, 2006 Foreclosures, mortgage fraud, housing bubble and less building, I have seen various stories on these subjects. If you are working in the real estate or mortgage industry, have you lost your job? Have you been recruited by another company because... Continue Reading Posted at 11:15 AM \| Permalink
	Mortgage Team chosen by SunTrust Mortgage Taffy Wagner September 18, 2006 I have talked about customer service setting one apart in the mortgage industry from competitors. Here is a story that proves that and leads to a business move for this team that should allow them expansion. According to a story... Continue Reading Posted at 10:15 AM \| Permalink
	Foreclosed Homes in Auction Taffy Wagner September 18, 2006 I remember when I worked in the auto leasing business for a while and one of the guys always talked about the different car auctions he would attend. Not that the cars were damaged but they ended up there because... Continue Reading Posted at 9:15 AM \| Permalink \| Comments
	Delinquencies All Around Taffy Wagner September 18, 2006 How many times have you picked up the newspaper or watched the morning news and the topic was about foreclosures? This has been happening in my opinion all too much. More and more people are delinquent in paying their mortgages... Continue Reading Posted at 8:12 AM \| Permalink
Sep17	Colorado - Number One Again in Nation for Foreclosures Taffy Wagner September 17, 2006 I just read that last Wednesday, Colorado was ranked number one again in the nation for foreclosures. Tough times are happening all over in Colorado. I cannot say that this actually surprises me. Why? Because as pretty much everything increases,... Continue Reading Posted at 12:30 AM \| Permalink
Sep16	Home Buying Fairs Marketing Tools Taffy Wagner September 16, 2006 I remember several months ago I found out about a home buying fair. When I inquired as to who would be the exhibitors, they shared with me about the different mortgage companies, mortgage brokers, mortgage lenders and realtors that would... Continue Reading Posted at 11:35 PM \| Permalink
	Marketing to Potential First Time Home Buyers Taffy Wagner September 16, 2006 I have shared with you different aspects of marketing in the mortgage industry. Whether you are a mortgage broker, mortgage consultant, mortgage banker or even a realtor, it is important you have a marketing game plan and budget. If you... Continue Reading Posted at 10:30 PM \| Permalink
	Commercial for Lending Tree Taffy Wagner September 16, 2006 I have to share with the readers that I saw a commercial earlier today that was worth writing about. How many times have you seen a commercial and you thought to yourself, what a waste of air time? Or you did not... Continue Reading Posted at 9:35 PM \| Permalink
	Online Advertising vs Local Newspaper Taffy Wagner September 16, 2006 Dear Reader, Online advertising is not more beneificial if you are not well known. The people in your community know you or know about you. Online advertising is something to use once you have established yourself in your market,... Continue Reading Posted at 8:43 PM \| Permalink
Sep15	Guaranteed Money Back at Closing frm Mortgage Company Taffy Wagner September 15, 2006 I have to say this is the first time that I have heard this, someone offering guaranteed money back at closing with their program. Market Street Mortgage Tysons Corner Branch offers Guaranteed Money Back at Closing with New Start Smart... Continue Reading Posted at 10:15 PM \| Permalink
	Expanding into European Market Taffy Wagner September 15, 2006 There is a lot going on in the mortgage industry in the United States, some good and some bad. There has been a lot of mergers in the mortgage industry as well as some companies have gone out of business.... Continue Reading Posted at 9:15 PM \| Permalink
	FHA Loan Borrowers Eligible for Rebates Taffy Wagner September 15, 2006 Foreclosures, mortgage fraud, lack of information and a lack of income, wouldn't it be nice for a change if someone purchased a house and were able to see it as an investment. Well, Mortgage Lenders Plus.com is showing more than... Continue Reading Posted at 8:15 PM \| Permalink
	Hometrader.tv is it a Tool? Taffy Wagner September 15, 2006 I have heard it all now. I was reading this announcement on Rismedia about Hometrader.tv being the "e-bay" of Real Estate. When I first heard about Hometrader.tv a month or so ago I was thinking it was a place where... Continue Reading Posted at 7:15 PM \| Permalink
	Marketing for Life - More on the Internet Taffy Wagner September 15, 2006 I thought I would write one more time about internet marketing before I moved on to some current news. There is a lot that can be said about internet marketing. I think one main thing to focus on is if... Continue Reading Posted at 6:19 PM \| Permalink \| Comments
Sep14	Internet Marketing in the Mortgage Industry Taffy Wagner September 14, 2006 Is there a benefit to internet marketing? I must say that with the latest technology and based on your specific position in the mortgage industry, the internet can be a huge asset to you. Why? I say this because if... Continue Reading Posted at 11:30 PM \| Permalink
	Marketing Contest Taffy Wagner September 14, 2006 As I was sharing the different ways to market, I thought about a marketing contest. If you are a mortgage broker, you could do a contest targeting your previous clients to send your referrals. The largest number of referrals from... Continue Reading Posted at 10:30 PM \| Permalink
	Branding Yourself in the Mortgage Industry Taffy Wagner September 14, 2006 I thought I would continue talking about marketing since it is an important facet of any business. This can make or break a business. Several days ago I briefly touched on branding in the mortgage industry. Rest assured, "branding" is... Continue Reading Posted at 9:30 PM \| Permalink
	Marketing Has its Perks Taffy Wagner September 14, 2006 With all the technology to include the internet, there are many ways to market your mortgage business. Last time I shared with you about sponsoring local events. When I share about sponsoring local events, I do not mean just events... Continue Reading Posted at 8:35 PM \| Permalink
	Marketing to the Masses Taffy Wagner September 14, 2006 When it comes to the mortgage industry, one has to be creative when marketing their business. Whether you are a realtor, mortgage broker, mortgage consultant, mortgage lender or even a banker, getting your name out is important. There are several... Continue Reading Posted at 7:36 PM \| Permalink
	ARM with a Balloon Taffy Wagner September 14, 2006 I understand that you can get an ARM and it might look attractive initially. But do most people plan for what is going to happen a couple of years down the road? I venture to say no because they are... Continue Reading Posted at 6:00 PM \| Permalink
	Refinancing Has Options Taffy Wagner September 14, 2006 Maybe there is a lot going on in the mortgage industry that makes you think about your own situation. What would cause you to refinance? Would you even think about refinancing? I am pretty cautious when we receive all the... Continue Reading Posted at 6:00 PM \| Permalink
	Crunch Crunch - Mortgage Crunch Taffy Wagner September 14, 2006 How many times have you received a call from a consumer and they share with you that they are in a situation now with an ARM. They are wondering if there is anything you can do to help them out... Continue Reading Posted at 5:00 PM \| Permalink
	Maranatha Mortgage Taffy Wagner September 14, 2006 I have said numerous times that customer service will clearly set you apart in this industry if you give the consumer good customer service. This is exactly what Maranatha Mortgage has done. Not only are they listening to the customers,... Continue Reading Posted at 4:00 PM \| Permalink
	Ticket to Super Bowl for Mortgage Broker Taffy Wagner September 14, 2006 I am not a big fan of football but for those football fan here is a great opportunity. Silver Hill Financial, LLC has announced a couple of days ago that the kick-off of its MVP Challenge, an opportunity for one... Continue Reading Posted at 3:13 PM \| Permalink
Sep13	Changes at Countrywide Taffy Wagner September 13, 2006 I have been perusing the web and there are a lot of things happening over at Countrywide. I read where they got a new president and the CEO stays on a little longer than originally planned. Then today, I see... Continue Reading Posted at 12:30 AM \| Permalink
Sep12	Advertising in the Mortgage Industry Taffy Wagner September 12, 2006 Advertising, advertising, advertising is important in any industry and also in the mortgage industry. There are some businesses that can survive by word-of-mouth alone; however I imagine in the mortgage industry that is not the case. It would not surprise... Continue Reading Posted at 11:30 PM \| Permalink
	Mrs. America Pageant won by Account Exec of a Mortgage Company Taffy Wagner September 12, 2006 I definitely thought this was information worth sharing if you are not aware of it. I was not aware of this because I do not keep up with the different pageants any more. I think what I liked about it... Continue Reading Posted at 10:30 PM \| Permalink
	Bill for Mortgage Brokers Taffy Wagner September 12, 2006 I would be remiss if I did not share this other assembly bill with you that was passed also in California. It appears to me that they are trying to clean the house in the area of real estate and... Continue Reading Posted at 9:30 PM \| Permalink
	Laws to Protect Consumers Taffy Wagner September 12, 2006 I believe laws being added to protect consumers is a good thing based on so many consumers being taken advantage of. Sometimes this is in part of the consumer not reading all the details as well as thoroughly researching the... Continue Reading Posted at 8:30 PM \| Permalink
	Branding in the Mortgage Business Taffy Wagner September 12, 2006 Let's talk about this subject because we had not approached this in marketing. Branding is turning out to be a big thing these days and would clearly separate a company from its competitors. What can you do that someone else... Continue Reading Posted at 7:30 PM \| Permalink
	Revitalizing an Apartment Complex Taffy Wagner September 12, 2006 Over the last couple of years many people have been displaced by hurricanes and sought temporary housing. There are some people who ended up in FEMA trailers and were not able to return to apartment living based on the increasing... Continue Reading Posted at 6:41 PM \| Permalink
	Joint Venture Abound Taffy Wagner September 12, 2006 Based on what is happening in the mortgage industry, there are some unlikely partners or joint ventures in my opinion that seem to be forming. I read today in Multi-Housing News where Duke Energy and Morgan Stanley Real Estate form... Continue Reading Posted at 5:35 PM \| Permalink
	Is it the Software or Application of Software? Taffy Wagner September 12, 2006 I have to say up front I believe it is the application of learning software, application of what you read from a book or applying what you learned in a class that leads to success. I have seen many ads where... Continue Reading Posted at 4:30 PM \| Permalink
	Upcoming Conferences Near and Far Taffy Wagner September 12, 2006 I remember sharing with you all that the Colorado Association of Mortgage Brokers had an upcoming seminar. In the midst of everything that was going on with my schedule, before I knew it this seminar had happened and I missed... Continue Reading Posted at 3:11 PM \| Permalink
Sep11	Mortgage Education Expanding Taffy Wagner September 11, 2006 Mortgage education is very important in this competitive industry. It will not surprise me if there will be an increase at more local state colleges to improve mortgage education and fulfill their requirements for licensing. I was reading in the... Continue Reading Posted at 1:50 AM \| Permalink
	Former Broker turns to Cutting-Edge Home-Based Business Taffy Wagner September 11, 2006 Many people grow tired of working for someone else for several reasons. They decide they want to be their own boss, why continue working hard for someone else when you can work hard for your self and also tired of... Continue Reading Posted at 12:50 AM \| Permalink
Sep10	Leveraging Mortgage Blog for Marketing Mortgage Business Taffy Wagner September 10, 2006 Bettye, I must agree with you Williams and Williams definitely leveraged the blog in creative marketing. I do believe that as competitive as the mortgage industry is more people are going to pushed out of their comfort zone. They will... Continue Reading Posted at 11:50 PM \| Permalink
	Unwanted Phone Calls and Solicitations in Purchasing a House Taffy Wagner September 10, 2006 Have you ever asked your clients if after you have given them a quote on a mortgage, they have begun receiving unwanted phone calls for other mortgage companies outside of their state? Did you ever think to take a poll... Continue Reading Posted at 10:50 PM \| Permalink
	New Technology Online Taffy Wagner September 10, 2006 Every day there is more technology probably in every arena. I continue to see there are newer and better websites for the mortgage industry. Foreclosures, mortgage fraud, housing market is down and builders are even taking a hit are some... Continue Reading Posted at 9:50 PM \| Permalink
	Loans between Family and Friends - is this a Good Idea? Taffy Wagner September 10, 2006 I have only seen this from one side where a loan between family and friends does not work. Why? Because if the person receiving the loan experiences a hardship, loses a job or some unexpected expenses and are not able... Continue Reading Posted at 8:50 PM \| Permalink
	Location Location even in the Housing Market Taffy Wagner September 10, 2006 My husband and I have had this discussion about location many times but normally we are discussing location when it comes to restaurants or activity centers. The last time when he and the kids went to look at model homes,... Continue Reading Posted at 7:50 PM \| Permalink
	Center for Responsible Lending Taffy Wagner September 10, 2006 I have to share I had never even heard of this organization before. Let alone what their purpose is. I decided to research and find out what they were all about. If you have never heard of them, here is... Continue Reading Posted at 6:50 PM \| Permalink
	Housing Programs have many Purposes Taffy Wagner September 10, 2006 I must ask this question today based on the earlier blog about Feds probing the rates. What then is the purpose of housing programs within communities or states? Is it just to get people in a house and then not... Continue Reading Posted at 5:50 PM \| Permalink
	BIG news or Not big news Taffy Wagner September 10, 2006 A couple of days ago, I saw a title that said Feds probe mortgage rates. Why are they probing you ask? It seems that more than half of African Americans who bought a home in 2005 received a higher interest... Continue Reading Posted at 4:53 PM \| Permalink
Sep 9	Mortgage Bill signed by Governor Taffy Wagner September 9, 2006 Well this is a step in the right direction for some if not many. According to the Sacramento Bee, Governor Arnold Schwarzenegger signs a bill that would bar mortgage lenders from taking applications or fees for reverse mortgages until the... Continue Reading Posted at 1:15 AM \| Permalink
	Upgrading to One House Costs Arm and a Leg on Previous House Taffy Wagner September 9, 2006 How many times have you heard of a friend upgrading to a house and having difficulty selling their other home? Well, I forgot to share this information that I keep hearing. The market is bad here in Colorado just like... Continue Reading Posted at 12:15 AM \| Permalink
Sep 8	Auction News from Afar Taffy Wagner September 8, 2006 I have been writing MortgageVox for some time now and have truly learned a lot from doing this. I remember writing at one time about an auction as a way to sell your home. Aside from that, I have discussed... Continue Reading Posted at 11:12 PM \| Permalink \| Comments
	Sollen Technologies Expand Taffy Wagner September 8, 2006 There is so much happening in the mortgage industry that I would believe there is still room for advanced technology, new programs and even more effective ways to deal with consumers. Sollen Technologies has implemented two mortgage banking solutions: Lender... Continue Reading Posted at 10:10 PM \| Permalink
	Even the Young Experience Mortgage Fraud Taffy Wagner September 8, 2006 When young people are in the process of getting married, they often think about purchasing a home. Whether they are purchasing a condo or a home for the first time, they need to educate themselves about the home ownership process.... Continue Reading Posted at 9:07 PM \| Permalink
Sep 7	Who is on your Team? Taffy Wagner September 7, 2006 Before you begin shopping for a house, take the time to educate yourself about the process. See who the different players are. Talk to friends and colleagues that have purchased a house. Find out what they did that was good... Continue Reading Posted at 3:00 PM \| Permalink
	Risk-Based Pricing Could Be Unfair Taffy Wagner September 7, 2006 From my understanding of the Fair and Accurate Transactions Act of 2003, a lender uses a “risk-based pricing” system where they tap into an applicants credit files. If your credit file is inaccurate, it might lead you to get charged... Continue Reading Posted at 1:00 PM \| Permalink
	Business Growth for Home Remodelers Taffy Wagner September 7, 2006 As builders are reducing the number of homes being built is the business for home remodelers increasing? I say this because people are not moving up in size of home they cannot afford to. Nor are people moving out of... Continue Reading Posted at 11:00 AM \| Permalink
	Homes Affect Job Market Taffy Wagner September 7, 2006 We are all aware of what is happening in the real estate industry. ARMs, foreclosure and even less building. All of this affects a variety of jobs such as less work for real estate agents, loan officers, appraisers and even... Continue Reading Posted at 8:00 AM \| Permalink
	Shopping for Model Homes Taffy Wagner September 7, 2006 I remember when we were renting our town home, some weekends we spent driving to different areas looking at model homes. You could almost count on a builder having at least three models if not more in a development. Sure,... Continue Reading Posted at 5:00 AM \| Permalink
Sep 6	Questions Lead to Answers which lead to Solutions Taffy Wagner September 6, 2006 As a mortgage broker or lender, have you experienced people sitting across the table from you with that confused look on their face? Did you ask them a question to clarify what the misunderstanding was or were you so focused... Continue Reading Posted at 9:30 PM \| Permalink
	No Longer a Dream but a Nightmare Taffy Wagner September 6, 2006 Every day is bleak. Bills are piling up. You cannot think of how you are going to pay your mortgage. Your stomach is in knots and you can barely perform your job. You have a fear of foreclosure. All this... Continue Reading Posted at 8:30 PM \| Permalink
	Lawyer's Turn to Commit Mortgage Fraud Taffy Wagner September 6, 2006 It is apparent to me that mortgage fraud crosses over into many professions. Not just those in the mortgage industry. I remember when I shared a story that involved a patrol officer who was part of a mortgage scheme. Now... Continue Reading Posted at 7:31 PM \| Permalink
	Better Business Bureau - Real or Fake?? Taffy Wagner September 6, 2006 I recall many, many years ago if a company was registered with the Better Business Bureau they had a decent company reputation. However, in recent years I discovered being registered with the Better Business Bureau did not have the same... Continue Reading Posted at 6:29 PM \| Permalink
	Mortgage Fraud Today Taffy Wagner September 6, 2006 I was discussing with my husband that mortgage fraud is now considered the white collar crime. He began asking me what type of mortgage fraud is happening. I started sharing with him how home appraisals are being inflated. Then once... Continue Reading Posted at 5:28 PM \| Permalink
Sep 5	Steps to Reduce Mortgage Fraud Taffy Wagner September 5, 2006 There is a lot of mortgage fraud all over the United States. I have done several stories regarding mortgage fraud and no state or person is immune from mortgage fraud because it seems as if there is a lot of... Continue Reading Posted at 3:00 PM \| Permalink
	Home Loan Assistance to People that Give Every Day Taffy Wagner September 5, 2006 More and more housing corporations and even companies are becoming creative when it comes to helping their community. They are thinking of ways to help people that give to the community every day that might seek the American Dream but... Continue Reading Posted at 1:00 PM \| Permalink
	Aspen Deals Could Equal Reduced Financing Taffy Wagner September 5, 2006 If you could pay five million dollars in cash for a house would you do it? I imagine there are some benefits to this as a consumer such as no house payments meaning clear ownership and no reason for the... Continue Reading Posted at 11:00 AM \| Permalink
	Paperless Industry - Is it a Trend or a Dream? Taffy Wagner September 5, 2006 I imagine in the mortgage industry the subject of a paperless environment will come up many times. Sure there are professions that can become paperless, however I do not believe the mortgage industry will be one of them. In my... Continue Reading Posted at 9:00 AM \| Permalink
	Visionary Mortgage - A Mortgage Copmany for Many People Taffy Wagner September 5, 2006 When I began reading about this mortgage company, I was impressed. Having a name such as “visionary” alludes to having some vision wouldn’t you think. Visionary Mortgage offers something different for many people. In particular, I read about Zack Hansen... Continue Reading Posted at 5:00 AM \| Permalink
Sep 4	Interview with Mortgage Consultant Taffy Wagner September 4, 2006 I want to share one more item with you from my interview with TaWana Furbush. She is very knowledgeable about the industry and very passionate about what she does. Question: I have done many stories regarding mortgage fraud, tell me... Continue Reading Posted at 7:00 PM \| Permalink
	Poor Credit Home Loan Taffy Wagner September 4, 2006 Does the name not say it all in itself? I shared with you earlier how I felt about a bad debt loan. This is similar to me saying Skyline Banking I offering an easy online mortgage application for a poor... Continue Reading Posted at 3:10 PM \| Permalink
	Mortgage Lenders Take More than One Hit Taffy Wagner September 4, 2006 Mortgage lenders could be getting hit with two factors that are reducing their business. Thre are builders that have their own mortgage company and usually fund their homes through their lender. Based on this factor, there could be some disappointing news. Why? Because... Continue Reading Posted at 1:00 PM \| Permalink
	Bait and Switch Lenders Taffy Wagner September 4, 2006 I have to tell you I have heard stories of how lenders will utilize the bait and switch tactic when people com to them for help. How sad it is because it always takes a lot for a person to... Continue Reading Posted at 10:00 AM \| Permalink
	Shareholders Approve a Merger Taffy Wagner September 4, 2006 Every day based on what is happening in the mortgage industry, companies are merging and other companies are closing. The news I am about to share should not surprise you. According to breaking news I saw on tradingmarkets.com the shareholders... Continue Reading Posted at 5:00 AM \| Permalink
Sep 3	Mortgage Marketing Made Easy Taffy Wagner September 3, 2006 As the mortgage industry gets tougher, there must be new and innovative ways to market your business. You must do something that will separate you from what everyone else is doing. What is it that you can do that will... Continue Reading Posted at 9:10 PM \| Permalink
	Customer Service Tips in the Mortgage Industry Taffy Wagner September 3, 2006 It does not matter whether you are a mortgage broker or a mortgage lender, customer service can increase or decrease your business. How do you ask? If you are rude to the consumer, misleading or even if they can not... Continue Reading Posted at 8:10 PM \| Permalink
	Wells Fargo Steps up for a Home Sponsorship Taffy Wagner September 3, 2006 We have all heard of Habitat for Humanity and are aware that they build homes. Homes are built with the help of volunteers and other corporations donating time and supplies. About a week ago in Greeley, Colorado, Wells Fargo teamed... Continue Reading Posted at 7:20 PM \| Permalink
	Affordable Housing at Parade of Homes Taffy Wagner September 3, 2006 There were some playhouses at the parade of homes that our kids thought were just for them. As soon as we walked up to this section, my husband remarked this is the affordable housing section. The amount of detail and... Continue Reading Posted at 6:30 PM \| Permalink
	Denver Parade of Homes Taffy Wagner September 3, 2006 Well ladies and gentleman I did something today I had not ever done. I actually attended the Parade of Homes with my husband today. I must say from listening to him talk about in previous years, I thought it was... Continue Reading Posted at 5:05 PM \| Permalink
Sep 2	Down Payment Becoming a Thing of the Past? Taffy Wagner September 2, 2006 I remember when we purchased our first house and we had to have a certain amount as the down payment. I have heard that there are people getting housing with any down payment. I believe people are not understanding the... Continue Reading Posted at 6:00 PM \| Permalink
	Mortgage Offers mixed with Spam Taffy Wagner September 2, 2006 Have you recently opened your email box and in the inbox you have received spam email? I am sure it has happened to you, it happens to me. Some of those even contains mortgage offers. It amazes me what some... Continue Reading Posted at 3:00 PM \| Permalink
	Can you get a Mortgage after Bankruptcy? Taffy Wagner September 2, 2006 Due to unforeseen circumstances, you could find yourself ending up filing bankruptcy. Then the question becomes can you get a mortgage after filing bankruptcy? The quick and easy answer is yes. However, you might want to heavily consider waiting several... Continue Reading Posted at 1:00 PM \| Permalink
	Continuation of Interview with Ms. Furbush Taffy Wagner September 2, 2006 I want to share more about the interview with you. I found it absolutely fascinating to be able to pick the brain of the mortgage consultant. Let’s face it, there are a lot of things going on in the industry,... Continue Reading Posted at 10:00 AM \| Permalink
	Customer Service in the Mortgage Industry Taffy Wagner September 2, 2006 I have to write about this for a minute because it seems as if the days of customer service has gone by the waist side. Why do I say that? Have you tried to contact the mortgage company or your... Continue Reading Posted at 5:00 AM \| Permalink
Sep 1	Blog Staying Fresh Taffy Wagner September 1, 2006 Walt thanks for reading and keeping on reading. Be sure and share with your friends and colleagues about MortgageVox. One of my goals is to keep this blog fresh with up-to-date information and news that is happening within the mortgage... Continue Reading Posted at 11:10 PM \| Permalink
	Interview with a Mortgage Consultant Taffy Wagner September 1, 2006 Ladies and gentleman, I must share with you I had the opportunity to interview my first mortgage consultant, TaWana Furbush of National Lending Corporation (NLC) a couple of days ago. I did this for a couple of reasons: 1) when... Continue Reading Posted at 10:15 PM \| Permalink
	Convention and Trade Show in Colorado Taffy Wagner September 1, 2006 I was reading over the local news and was reminded that the Colorado Association of Mortgage Brokers’ 23rd Annual Convention and Trade Show is next week on September 7 and September 8. I have to admit, this will be worth... Continue Reading Posted at 9:17 PM \| Permalink
	Mortgage Broker out of Control Taffy Wagner September 1, 2006 I was speaking with the gentleman from the lawn service today regarding how many homes he takes care of in our area. He was kind enough to share with me what he experienced when he was selling his home. He... Continue Reading Posted at 8:15 PM \| Permalink
	Realtors Relax on the Job Taffy Wagner September 1, 2006 My husband and I were having this discussion a couple of days ago about realtors. I was upset about what he had to share. Let me preface this by letting you know, that he worked with realtors for about four... Continue Reading Posted at 7:12 PM \| Permalink

« August 2006 | Main | October 2006 »

Sep30	Home Owner Beware Right in our own Backyard Taffy Wagner September 30, 2006 Know More: FAQs, Mortgage Brokers 2.0, FAQs Every now and then I get to hear the local radio programs in the morning if I am out running errands. There has been this advertisement for Altus Home Loans running for a very long time. So much so that my husband had even been considering their program. I explained to him that I did not believe this was a reputable copmany and why I felt that way. Here in our paper two days ago it shares that a mortgage broker failed to pay taxes. Lo and behold, it is that very company that I felt uneasy regarding what they were offering. I have to share this with several people because they might fall for this as well. So glad I was paying attention to all of the different mailings and wording on documents. Posted at 4:42 AM \| Permalink
Sep30	3 Red Flags for Predatory Lending Taffy Wagner September 30, 2006 When I think of a red flag, it makes me think stop. Go the other way, do not proceed. What about you? Someone was telling me about predatory lending a few months ago and was asking how to aovid it.... Continue Reading Posted at 4:30 AM \| Permalink
	Mortgage Broker Registration Step in the Right Direction Taffy Wagner September 30, 2006 Here at last is something that a lot of people in Colorado have been waiting on. Clearly the fact that Colorado was number one in the nation for several months in foreclosure says the industry was not regulated. Now, October... Continue Reading Posted at 3:33 AM \| Permalink
	Boosting Credit Score for Loan Taffy Wagner September 30, 2006 When you have bad credit and are trying to boost your credit score for a loan, there are several things you should know. First and foremost, getting an increase in credit score takes time with re-establishing good credit. Time and... Continue Reading Posted at 2:25 AM \| Permalink
	Exercise Caution for Subprime Loans Taffy Wagner September 30, 2006 I had heard of subprime loan without really knowing what it is. So today was the day I did a little research regarding subprime loans. That is one of my motto's if you do not know about something, look it... Continue Reading Posted at 1:30 AM \| Permalink
	Mortgage Documents in Spanish Taffy Wagner September 30, 2006 There has been various stories in the media where different organizations have taken advantage of African Americans and Hispanics when it comes to their lending policies. I believe part of that is because of a lack of understanding the information... Continue Reading Posted at 12:35 AM \| Permalink
Sep29	FHA Lender Approval Requirements Taffy Wagner September 29, 2006 I imagined FHA had its own lender program. What I did not know was that it would be as stringent as it appears. I wonder how long it takes a corporation or organization to be approved as a lender. Especially... Continue Reading Posted at 11:30 PM \| Permalink
	650 Jobs Come to North Valley Taffy Wagner September 29, 2006 According to the Business Journal of Phoenix, a Connecticut mortgage firm is bringing 650 jobs to north Phoenix over the next three years. This is good when in some areas it seems as if the economy is not growing as... Continue Reading Posted at 10:20 PM \| Permalink
	One of the Largest Mortgage Fraud Cases in History Taffy Wagner September 29, 2006 What sense would it make for me to write this blog without sharing this news from DS News. Apparently, there has been a lawsuit filed by Countrywide accusing organizers of buying homes then fraudulently selling them. Ok, true enough that... Continue Reading Posted at 9:30 PM \| Permalink
	Mortgage Fraud is it Mainly Appraisers? Taffy Wagner September 29, 2006 In my opinion, I do not believe it is mainly appraisers. Sure there are those that are inflating property values which hurt a lot of people in the long run. However, this is not the only form of mortgage fraud.... Continue Reading Posted at 8:25 PM \| Permalink
	6 Documents You Need When You Begin the Loan Application Process Taffy Wagner September 29, 2006 When you are preparing to purchase a house, I am sure you have heard it is a lot of paperwork. There is a lot of paperwork that you will receive in the beginning and throughout the process. Even when you... Continue Reading Posted at 7:20 PM \| Permalink
	Lawyer Guilty of Mortgage Fraud Taffy Wagner September 29, 2006 Mortgage fraud is becoming the every day crime in my opinion. Not only are people in the mortgage industry committing fraud but attorneys, some pastors and even federal workers. This time the story comes from Gwinnett Daily Post about a... Continue Reading Posted at 6:20 PM \| Permalink
	Lenders to the Rescue Taffy Wagner September 29, 2006 I came across this story on WBALChannel.com sharing how “Officials Warn of Mortgage Fraud.” Upon reading this story, it is one that I have heard before that happens to elderly or ill people. You might even say people that are... Continue Reading Posted at 4:20 PM \| Permalink
	Lenders All Over Taffy Wagner September 29, 2006 If you are like me and watch TV, the mailings that come in you will see there are many lenders in every state. If there are not a lot of lenders within your state you can find online lenders that... Continue Reading Posted at 3:20 PM \| Permalink
	HUD Grant given to Duluth Group Taffy Wagner September 29, 2006 This is what I like to see homebuyer education at its best. Housing services in Duluth have received a grant to help with a wide variety of housing counseling for homeowners, low-to moderate income renters and homeless. What an opportunity... Continue Reading Posted at 2:34 PM \| Permalink
	Top 4 Questions and Answers on Getting a Secured Credit Card Taffy Wagner September 29, 2006 Is a secured credit card a good idea or a bad idea for someone trying to establish good credit? Well, Kelly this is a subject that I have touched on a couple of times when giving seminars on credit. A... Continue Reading Posted at 1:30 PM \| Permalink
Sep28	Mortgage Amnesia Taffy Wagner September 28, 2006 Once again, here is one of those stories that I just had to read. This time it was a story in our local paper, The Denver Post. The story is titled "Mortgage amnesia hits home." from the title alone, it makes... Continue Reading Posted at 2:53 AM \| Permalink
	Norwich's Main Street lineup Increases Taffy Wagner September 28, 2006 Expansion is happening for this mortgage company and location is very important. new mortgage firm which had its formal opening showed how storefront space could be best used. Money Market Mortgage, now there is a name for you secured space... Continue Reading Posted at 1:35 AM \| Permalink
	Top Four Steps in Homebuying Process Taffy Wagner September 28, 2006 I probably could tell you these steps in my sleep. I have been speaking so much over the last couple of weeks about homebuying, I believe it is worth repeating. These are steps you want to take in this order... Continue Reading Posted at 12:35 AM \| Permalink
Sep27	Taking a Stand Against Fraud Taffy Wagner September 27, 2006 Every once in a while you come across a story where people begin fighting back personal or professional and you want to pat them on the back. This is one of those times. This organization, Lenders Who Care is standing... Continue Reading Posted at 11:53 PM \| Permalink
	Lending Tree Seventh Annual Partner Summit Taffy Wagner September 27, 2006 I have to share this is one of those topics that always seem to interest me. Whenever a company or organization has a conference where you can meet colleagues or even new partners, I would be there. On Monday, September... Continue Reading Posted at 10:53 PM \| Permalink
	Mortgage Company Settles Taffy Wagner September 27, 2006 This is one of those stories that I could not pass up that I saw on HUD website. Why because it is talking about HUD reaching a $500,000 settlement with a mortgage company in Atlanta . Apparently what happened is... Continue Reading Posted at 9:55 PM \| Permalink
	Three Factors that lead to a Difficult Housing Market Taffy Wagner September 27, 2006 We have all saw several stories in the media about how the housing market has been difficult. Let me share with you what I have seen makes the housing market particularly challenging at this time. 1) Without a doubt... Continue Reading Posted at 8:55 PM \| Permalink \| Comments
	Top Four People in Mortgage Decision Taffy Wagner September 27, 2006 After sharing tons of information with the audience last night in a short amount of time, this made me want to write this. Over and over I was getting a lot of questions as these people were preparing for homeownership.... Continue Reading Posted at 7:58 PM \| Permalink
	Four Mortgage Types Taffy Wagner September 27, 2006 As I was sharing with the class last night, I wanted to impress upon them the importance of understanding the loan process. I shared with several types of mortgages: 1) A traditional, 30 yr fixed mortgage. One gentleman asked... Continue Reading Posted at 6:55 PM \| Permalink
	Mortgage Questions Taffy Wagner September 27, 2006 I did a seminar last night at one of our local libraries which was in a series of seven that I completed throughout the month. I initially was there to speak and teach on money management and dealing with debt.... Continue Reading Posted at 5:53 PM \| Permalink \| Comments
Sep26	Three Ways to Get Leads for Loan Officer Taffy Wagner September 26, 2006 Being in the mortgage industry can prove to be challenging at different times based on the need for leads. Leads drive the business and keep a loan officer employed because without leads there would not be a need for a... Continue Reading Posted at 5:34 PM \| Permalink
	VP at Topdot Mortgage Taffy Wagner September 26, 2006 I received a comment tonight from the Senior VP at Topdot Mortgage. I want to say thank you to the Senior VP for taking the time to read my blog. I want to share part of what he had to... Continue Reading Posted at 3:19 AM \| Permalink \| Comments
	Five States Where Homeowners are Behind on Payments Taffy Wagner September 26, 2006 As I was reading over news that relates to mortgages and homeowners, I read this story from Asbury Park Press regarding people falling behind on mortgage payments. The following are five states where people are falling behind on mortgage payments:... Continue Reading Posted at 2:13 AM \| Permalink
	Technology for Mortgage Professionals Taffy Wagner September 26, 2006 I have to share this link with you all because I found it to be very informative. A fellow blogger from Colorado shared this link with me. Thanks Todd from Lenderama. This has proven to be a very informative blog... Continue Reading Posted at 1:05 AM \| Permalink
Sep25	Flat Fee MLS Service Taffy Wagner September 25, 2006 I have known about multiple listing service for a while based on several factors: when we were in the process of selling our home our realtor listed it with the MLS here in Colorado and there were several companies here... Continue Reading Posted at 7:13 AM \| Permalink \| Comments
	Home Auctions in Florida Taffy Wagner September 25, 2006 It seems as if home auctions are becoming the norm in several states. I did not know anything about homes being auctioned just a few months ago and know I read stories about this all the time. The last time... Continue Reading Posted at 6:09 AM \| Permalink
	Negative Amortization Taffy Wagner September 25, 2006 I saw this term earlier and immediately got a bad taste in my mouth. Why you say? Because of the word negative. This already tells me that you are going to be going in the opposite direction of where you... Continue Reading Posted at 5:08 AM \| Permalink
	Rent to Own Home Programs Taffy Wagner September 25, 2006 When I saw this title as I was reading releases on prweb.com, I had to stop and see what they were talking about. This company is suggesting you get into a rent to own program for those with bad credit.... Continue Reading Posted at 4:06 AM \| Permalink
Sep23	Stepping Up Marketing Tools Taffy Wagner September 23, 2006 My husband used to photograph and print real estate flyers for several realtors here in the Metro area. I cannot not tell you the number of times the realtors would tell him, I got a new customer based on the... Continue Reading Posted at 6:33 PM \| Permalink \| Comments
	What Costs are Involved in Purchasing a House for $1 Taffy Wagner September 23, 2006 I would have to think there are a lot of costs involved besides moving the house. Are you prepared to purchase a lot? Where will the lot be and is it going to be in a neighborhood you can afford?... Continue Reading Posted at 5:30 PM \| Permalink
	You Can Buy a Home for a $1 Taffy Wagner September 23, 2006 Does anyone really buy a home for a $1. I have to admit upon seeing this on the email that was forwarded to me from a friend, I was quite skeptical. However, curiosity set in and I had to see... Continue Reading Posted at 3:29 PM \| Permalink
	Be Careful when choosing a Home Inspector Taffy Wagner September 23, 2006 When my husband shared with me about our friend and the house, I told him our friends should be happy they have a good realtor. I said this primarily because if that inspector had been working on the side of... Continue Reading Posted at 2:27 PM \| Permalink
	Investors Have Homes for Sale Taffy Wagner September 23, 2006 It has been a busy morning in our household discussing the real estate market and people in the industry. I was sharing with my husband about my interview. He shared with me about some of our friends that chosen a... Continue Reading Posted at 1:25 PM \| Permalink
	Lender's Responsibility or Consumer Taffy Wagner September 23, 2006 This morning I did a radio interview with The Valder Beebe Show regarding my book Homebuyer’s Helper (How to Have and Hold on to your House). I shared with Ms. Beebe that a consumer can have their payment for their... Continue Reading Posted at 12:22 PM \| Permalink
Sep22	Foreclosure on the American Dream Taffy Wagner September 22, 2006 We have all read over and over about foreclosures in many states. As a matter of fact, initially it surprised me all the different states that were reporting a higher number of foreclosures than they had ever had in the past. I read... Continue Reading Posted at 5:00 PM \| Permalink
	Educating Consumer about Foreclosure Taffy Wagner September 22, 2006 As a mortgage broker, banker or lender have you ever thought about educating consumers about foreclosure and how to avoid foreclosure? I would believe with all the stories regarding foreclosure and people sharing how unprepared they are, this would be... Continue Reading Posted at 4:30 PM \| Permalink
	Educating Consumer about Foreclosure Taffy Wagner September 22, 2006 As a mortgage broker, banker or lender have you ever thought about educating consumers about foreclosure and how to avoid foreclosure? I would believe with all the stories regarding foreclosure and people sharing how unprepared they are, this would be... Continue Reading Posted at 4:30 PM \| Permalink
	Cuts happening at Countrywide Taffy Wagner September 22, 2006 When in the real estate and mortgage industry, job security is not necessarily a term that is popular at this time. There are companies that are merging and some companies are closing down. I thought Countrywide was doing real well... Continue Reading Posted at 3:30 PM \| Permalink
	Housing Slump One Reason for Economic Growth Taffy Wagner September 22, 2006 I knew there was a slow down in the housing market, but I did not know that was one of the reasons that the Federal Reserve policymakers cited the housing slump as one of the reasons economic growth is... Continue Reading Posted at 2:04 PM \| Permalink
Sep21	Homes Overpriced Taffy Wagner September 21, 2006 According to a story I read on CNN.com, housing is still overpriced even in the apparent market cool down. What does this say? Was it because of the higher interest rates that we all witnessed recently or the ARMs that... Continue Reading Posted at 7:20 PM \| Permalink
	Homeowner as a Sitting Duck Taffy Wagner September 21, 2006 We did not quite categorize it this way as this TV station in Seattle that said Homeowners are sitting ducks for exploitation. However, as we discussed loans and purchasing a home during our virtual book tour today we shared how... Continue Reading Posted at 6:30 PM \| Permalink
	Virtual Book Tour Discusses Mortgages Taffy Wagner September 21, 2006 Today my partner and I discussed purchasing a house during our Virtuous Woman Virtual Book Tour. This day was dedicated to sharing with our attendees about purchasing a house and obtaining a mortgage from a consumers perspective. We shared with... Continue Reading Posted at 5:35 PM \| Permalink
	Educating Mortgage Clients Taffy Wagner September 21, 2006 This is one area that is well worth writing about. If as a mortgage broker, banker or lender you take the time to educate your clients about the mortgage process, do you realize the potential for growth you are going... Continue Reading Posted at 4:24 PM \| Permalink
	Consumer Take on Responsibility Taffy Wagner September 21, 2006 I received a comment from a reader regarding the Ex-Lender sharing secrets. I must agree with him as consumers, we should take on some of the responsibility for the choices we make. It is not all the lender or brokers... Continue Reading Posted at 3:19 PM \| Permalink
Sep20	Confidence is poor for Homebuilders Taffy Wagner September 20, 2006 We have all heard in the media about the glut of houses that are on the market. This has lead to builders confidence dropping. That is understandable because if there are more returning to the market from foreclosures, what would... Continue Reading Posted at 5:36 PM \| Permalink
	Mortgage Applications on the Rise Taffy Wagner September 20, 2006 I believe this is good news for the mortgage industry. Mortgage applications are on the rise again. Applications had been down for some time and hurting a lot of people in the mortgage industry. I read today on CNNMoney that... Continue Reading Posted at 4:32 PM \| Permalink
	Profiting from his Knowledge Taffy Wagner September 20, 2006 I thought this worth my continuing about the ex-lender who is sharing all. He has actually written a book on this subject. Now, not only did he make money when he was in the mortgage industry and now he continues... Continue Reading Posted at 3:26 PM \| Permalink
	Ex-Mortgage Lender Shares Secrets Taffy Wagner September 20, 2006 Imagine my surprise when I saw this story on BusinessWeek regarding this ex-mortgage lender that spills the secrets. Someone who is telling all. Maybe he is not telling it all but some details. Think about it, how many peope are... Continue Reading Posted at 2:20 PM \| Permalink \| Comments
	Coloradoans setting Mortgage Blog Trail Taffy Wagner September 20, 2006 Lo and behold yesterday, I was contacted by another mortgage blogger. Imagine how pleased I was when I discovered that this blogger was also in Colorado. I must admit I had been to his blog when I first started and... Continue Reading Posted at 1:09 PM \| Permalink
Sep19	$50M Debt Mortgage Offer Completed Taffy Wagner September 19, 2006 When I saw this earlier, I meant to write about it then but was temporarily distracted. I was looking at the Memphis Business Journal and it shares a story about Equity Inns complete a $50M mortgage debt offering. This $50M... Continue Reading Posted at 8:21 PM \| Permalink
	West Coast Lender expands to East Coast Taffy Wagner September 19, 2006 Talk about expanding your territory. Have you all heard that Residential Pacific Mortgage is opening offices in Connecticut and South Carolina. That is a very lucrative move which will no doubt turn some profits for them. Now they can say,... Continue Reading Posted at 7:15 PM \| Permalink
	MortgageAmerica CEO chosen for an influential position Taffy Wagner September 19, 2006 When I read about this I felt it was worth sharing. It is not every day that you see someone get moved to a position of great influence. Here, I was reading Birmingham Business Journal and it was sharing how... Continue Reading Posted at 2:21 PM \| Permalink
	Commercial Could be Marketing Tool Taffy Wagner September 19, 2006 I saw a commercial a couple of days ago about HouseValues to find out what the value of your home is. I remember when we were selling our home we used HomeGain. Then I began thinking about could a mortgage... Continue Reading Posted at 1:49 PM \| Permalink
	Targeting Single Parents Taffy Wagner September 19, 2006 I received a comment from a reader regarding my blog about Marketing to Single Parents. Understand that I am not a lender; however I do speak with single parents every month. I share with them about preparing for homeownership which does... Continue Reading Posted at 1:14 PM \| Permalink
Sep18	No Charges in Freddie Mac Probe Taffy Wagner September 18, 2006 Okay, I can see I am a little behind the ball on this one. That would be because I have gotten focused on marketing the mortgage business. I see where last week they say that there are no charges in... Continue Reading Posted at 6:40 PM \| Permalink
	Mortgage Law Under fire - Matter of Opinion Taffy Wagner September 18, 2006 I was reading over this story in the Chicago Tribune where it talks about this law that required financial counseling for certain individuals before purchasing a home. When I continued reading it said it was initially set up to stop... Continue Reading Posted at 5:21 PM \| Permalink
	Auction Education Website Taffy Wagner September 18, 2006 You all know that I am just getting used to the idea of auctioning a home and now I find out there has been an auction education website developed. Talking about needing to stay abreast of all the changes in... Continue Reading Posted at 3:13 PM \| Permalink
	Getting a Realtor to You! Taffy Wagner September 18, 2006 Can you get a good realtor to come to you even though they have a mortgage broker or banker they work with? I would imagine you could. Why do I say this? If you walked into a realtors office with... Continue Reading Posted at 3:06 PM \| Permalink
	More Marketing Techniques Taffy Wagner September 18, 2006 I have to tell you readers the more I try to move away from this subject, the more I believe comes that I should address or share. Why you say? Marketing is very crucial to any business. It either makes... Continue Reading Posted at 1:54 PM \| Permalink
	Marketing to a Single Parent Taffy Wagner September 18, 2006 I remember speaking with one of my friends whose new job had become a mortgage banker. He was sharing with me the ins and outs of what he was doing and the fact he was able to write loans in... Continue Reading Posted at 12:15 PM \| Permalink \| Comments
	Employment in Mortgage Industry Taffy Wagner September 18, 2006 Foreclosures, mortgage fraud, housing bubble and less building, I have seen various stories on these subjects. If you are working in the real estate or mortgage industry, have you lost your job? Have you been recruited by another company because... Continue Reading Posted at 11:15 AM \| Permalink
	Mortgage Team chosen by SunTrust Mortgage Taffy Wagner September 18, 2006 I have talked about customer service setting one apart in the mortgage industry from competitors. Here is a story that proves that and leads to a business move for this team that should allow them expansion. According to a story... Continue Reading Posted at 10:15 AM \| Permalink
	Foreclosed Homes in Auction Taffy Wagner September 18, 2006 I remember when I worked in the auto leasing business for a while and one of the guys always talked about the different car auctions he would attend. Not that the cars were damaged but they ended up there because... Continue Reading Posted at 9:15 AM \| Permalink \| Comments
	Delinquencies All Around Taffy Wagner September 18, 2006 How many times have you picked up the newspaper or watched the morning news and the topic was about foreclosures? This has been happening in my opinion all too much. More and more people are delinquent in paying their mortgages... Continue Reading Posted at 8:12 AM \| Permalink
Sep17	Colorado - Number One Again in Nation for Foreclosures Taffy Wagner September 17, 2006 I just read that last Wednesday, Colorado was ranked number one again in the nation for foreclosures. Tough times are happening all over in Colorado. I cannot say that this actually surprises me. Why? Because as pretty much everything increases,... Continue Reading Posted at 12:30 AM \| Permalink
Sep16	Home Buying Fairs Marketing Tools Taffy Wagner September 16, 2006 I remember several months ago I found out about a home buying fair. When I inquired as to who would be the exhibitors, they shared with me about the different mortgage companies, mortgage brokers, mortgage lenders and realtors that would... Continue Reading Posted at 11:35 PM \| Permalink
	Marketing to Potential First Time Home Buyers Taffy Wagner September 16, 2006 I have shared with you different aspects of marketing in the mortgage industry. Whether you are a mortgage broker, mortgage consultant, mortgage banker or even a realtor, it is important you have a marketing game plan and budget. If you... Continue Reading Posted at 10:30 PM \| Permalink
	Commercial for Lending Tree Taffy Wagner September 16, 2006 I have to share with the readers that I saw a commercial earlier today that was worth writing about. How many times have you seen a commercial and you thought to yourself, what a waste of air time? Or you did not... Continue Reading Posted at 9:35 PM \| Permalink
	Online Advertising vs Local Newspaper Taffy Wagner September 16, 2006 Dear Reader, Online advertising is not more beneificial if you are not well known. The people in your community know you or know about you. Online advertising is something to use once you have established yourself in your market,... Continue Reading Posted at 8:43 PM \| Permalink
Sep15	Guaranteed Money Back at Closing frm Mortgage Company Taffy Wagner September 15, 2006 I have to say this is the first time that I have heard this, someone offering guaranteed money back at closing with their program. Market Street Mortgage Tysons Corner Branch offers Guaranteed Money Back at Closing with New Start Smart... Continue Reading Posted at 10:15 PM \| Permalink
	Expanding into European Market Taffy Wagner September 15, 2006 There is a lot going on in the mortgage industry in the United States, some good and some bad. There has been a lot of mergers in the mortgage industry as well as some companies have gone out of business.... Continue Reading Posted at 9:15 PM \| Permalink
	FHA Loan Borrowers Eligible for Rebates Taffy Wagner September 15, 2006 Foreclosures, mortgage fraud, lack of information and a lack of income, wouldn't it be nice for a change if someone purchased a house and were able to see it as an investment. Well, Mortgage Lenders Plus.com is showing more than... Continue Reading Posted at 8:15 PM \| Permalink
	Hometrader.tv is it a Tool? Taffy Wagner September 15, 2006 I have heard it all now. I was reading this announcement on Rismedia about Hometrader.tv being the "e-bay" of Real Estate. When I first heard about Hometrader.tv a month or so ago I was thinking it was a place where... Continue Reading Posted at 7:15 PM \| Permalink
	Marketing for Life - More on the Internet Taffy Wagner September 15, 2006 I thought I would write one more time about internet marketing before I moved on to some current news. There is a lot that can be said about internet marketing. I think one main thing to focus on is if... Continue Reading Posted at 6:19 PM \| Permalink \| Comments
Sep14	Internet Marketing in the Mortgage Industry Taffy Wagner September 14, 2006 Is there a benefit to internet marketing? I must say that with the latest technology and based on your specific position in the mortgage industry, the internet can be a huge asset to you. Why? I say this because if... Continue Reading Posted at 11:30 PM \| Permalink
	Marketing Contest Taffy Wagner September 14, 2006 As I was sharing the different ways to market, I thought about a marketing contest. If you are a mortgage broker, you could do a contest targeting your previous clients to send your referrals. The largest number of referrals from... Continue Reading Posted at 10:30 PM \| Permalink
	Branding Yourself in the Mortgage Industry Taffy Wagner September 14, 2006 I thought I would continue talking about marketing since it is an important facet of any business. This can make or break a business. Several days ago I briefly touched on branding in the mortgage industry. Rest assured, "branding" is... Continue Reading Posted at 9:30 PM \| Permalink
	Marketing Has its Perks Taffy Wagner September 14, 2006 With all the technology to include the internet, there are many ways to market your mortgage business. Last time I shared with you about sponsoring local events. When I share about sponsoring local events, I do not mean just events... Continue Reading Posted at 8:35 PM \| Permalink
	Marketing to the Masses Taffy Wagner September 14, 2006 When it comes to the mortgage industry, one has to be creative when marketing their business. Whether you are a realtor, mortgage broker, mortgage consultant, mortgage lender or even a banker, getting your name out is important. There are several... Continue Reading Posted at 7:36 PM \| Permalink
	ARM with a Balloon Taffy Wagner September 14, 2006 I understand that you can get an ARM and it might look attractive initially. But do most people plan for what is going to happen a couple of years down the road? I venture to say no because they are... Continue Reading Posted at 6:00 PM \| Permalink
	Refinancing Has Options Taffy Wagner September 14, 2006 Maybe there is a lot going on in the mortgage industry that makes you think about your own situation. What would cause you to refinance? Would you even think about refinancing? I am pretty cautious when we receive all the... Continue Reading Posted at 6:00 PM \| Permalink
	Crunch Crunch - Mortgage Crunch Taffy Wagner September 14, 2006 How many times have you received a call from a consumer and they share with you that they are in a situation now with an ARM. They are wondering if there is anything you can do to help them out... Continue Reading Posted at 5:00 PM \| Permalink
	Maranatha Mortgage Taffy Wagner September 14, 2006 I have said numerous times that customer service will clearly set you apart in this industry if you give the consumer good customer service. This is exactly what Maranatha Mortgage has done. Not only are they listening to the customers,... Continue Reading Posted at 4:00 PM \| Permalink
	Ticket to Super Bowl for Mortgage Broker Taffy Wagner September 14, 2006 I am not a big fan of football but for those football fan here is a great opportunity. Silver Hill Financial, LLC has announced a couple of days ago that the kick-off of its MVP Challenge, an opportunity for one... Continue Reading Posted at 3:13 PM \| Permalink
Sep13	Changes at Countrywide Taffy Wagner September 13, 2006 I have been perusing the web and there are a lot of things happening over at Countrywide. I read where they got a new president and the CEO stays on a little longer than originally planned. Then today, I see... Continue Reading Posted at 12:30 AM \| Permalink
Sep12	Advertising in the Mortgage Industry Taffy Wagner September 12, 2006 Advertising, advertising, advertising is important in any industry and also in the mortgage industry. There are some businesses that can survive by word-of-mouth alone; however I imagine in the mortgage industry that is not the case. It would not surprise... Continue Reading Posted at 11:30 PM \| Permalink
	Mrs. America Pageant won by Account Exec of a Mortgage Company Taffy Wagner September 12, 2006 I definitely thought this was information worth sharing if you are not aware of it. I was not aware of this because I do not keep up with the different pageants any more. I think what I liked about it... Continue Reading Posted at 10:30 PM \| Permalink
	Bill for Mortgage Brokers Taffy Wagner September 12, 2006 I would be remiss if I did not share this other assembly bill with you that was passed also in California. It appears to me that they are trying to clean the house in the area of real estate and... Continue Reading Posted at 9:30 PM \| Permalink
	Laws to Protect Consumers Taffy Wagner September 12, 2006 I believe laws being added to protect consumers is a good thing based on so many consumers being taken advantage of. Sometimes this is in part of the consumer not reading all the details as well as thoroughly researching the... Continue Reading Posted at 8:30 PM \| Permalink
	Branding in the Mortgage Business Taffy Wagner September 12, 2006 Let's talk about this subject because we had not approached this in marketing. Branding is turning out to be a big thing these days and would clearly separate a company from its competitors. What can you do that someone else... Continue Reading Posted at 7:30 PM \| Permalink
	Revitalizing an Apartment Complex Taffy Wagner September 12, 2006 Over the last couple of years many people have been displaced by hurricanes and sought temporary housing. There are some people who ended up in FEMA trailers and were not able to return to apartment living based on the increasing... Continue Reading Posted at 6:41 PM \| Permalink
	Joint Venture Abound Taffy Wagner September 12, 2006 Based on what is happening in the mortgage industry, there are some unlikely partners or joint ventures in my opinion that seem to be forming. I read today in Multi-Housing News where Duke Energy and Morgan Stanley Real Estate form... Continue Reading Posted at 5:35 PM \| Permalink
	Is it the Software or Application of Software? Taffy Wagner September 12, 2006 I have to say up front I believe it is the application of learning software, application of what you read from a book or applying what you learned in a class that leads to success. I have seen many ads where... Continue Reading Posted at 4:30 PM \| Permalink
	Upcoming Conferences Near and Far Taffy Wagner September 12, 2006 I remember sharing with you all that the Colorado Association of Mortgage Brokers had an upcoming seminar. In the midst of everything that was going on with my schedule, before I knew it this seminar had happened and I missed... Continue Reading Posted at 3:11 PM \| Permalink
Sep11	Mortgage Education Expanding Taffy Wagner September 11, 2006 Mortgage education is very important in this competitive industry. It will not surprise me if there will be an increase at more local state colleges to improve mortgage education and fulfill their requirements for licensing. I was reading in the... Continue Reading Posted at 1:50 AM \| Permalink
	Former Broker turns to Cutting-Edge Home-Based Business Taffy Wagner September 11, 2006 Many people grow tired of working for someone else for several reasons. They decide they want to be their own boss, why continue working hard for someone else when you can work hard for your self and also tired of... Continue Reading Posted at 12:50 AM \| Permalink
Sep10	Leveraging Mortgage Blog for Marketing Mortgage Business Taffy Wagner September 10, 2006 Bettye, I must agree with you Williams and Williams definitely leveraged the blog in creative marketing. I do believe that as competitive as the mortgage industry is more people are going to pushed out of their comfort zone. They will... Continue Reading Posted at 11:50 PM \| Permalink
	Unwanted Phone Calls and Solicitations in Purchasing a House Taffy Wagner September 10, 2006 Have you ever asked your clients if after you have given them a quote on a mortgage, they have begun receiving unwanted phone calls for other mortgage companies outside of their state? Did you ever think to take a poll... Continue Reading Posted at 10:50 PM \| Permalink
	New Technology Online Taffy Wagner September 10, 2006 Every day there is more technology probably in every arena. I continue to see there are newer and better websites for the mortgage industry. Foreclosures, mortgage fraud, housing market is down and builders are even taking a hit are some... Continue Reading Posted at 9:50 PM \| Permalink
	Loans between Family and Friends - is this a Good Idea? Taffy Wagner September 10, 2006 I have only seen this from one side where a loan between family and friends does not work. Why? Because if the person receiving the loan experiences a hardship, loses a job or some unexpected expenses and are not able... Continue Reading Posted at 8:50 PM \| Permalink
	Location Location even in the Housing Market Taffy Wagner September 10, 2006 My husband and I have had this discussion about location many times but normally we are discussing location when it comes to restaurants or activity centers. The last time when he and the kids went to look at model homes,... Continue Reading Posted at 7:50 PM \| Permalink
	Center for Responsible Lending Taffy Wagner September 10, 2006 I have to share I had never even heard of this organization before. Let alone what their purpose is. I decided to research and find out what they were all about. If you have never heard of them, here is... Continue Reading Posted at 6:50 PM \| Permalink
	Housing Programs have many Purposes Taffy Wagner September 10, 2006 I must ask this question today based on the earlier blog about Feds probing the rates. What then is the purpose of housing programs within communities or states? Is it just to get people in a house and then not... Continue Reading Posted at 5:50 PM \| Permalink
	BIG news or Not big news Taffy Wagner September 10, 2006 A couple of days ago, I saw a title that said Feds probe mortgage rates. Why are they probing you ask? It seems that more than half of African Americans who bought a home in 2005 received a higher interest... Continue Reading Posted at 4:53 PM \| Permalink
Sep 9	Mortgage Bill signed by Governor Taffy Wagner September 9, 2006 Well this is a step in the right direction for some if not many. According to the Sacramento Bee, Governor Arnold Schwarzenegger signs a bill that would bar mortgage lenders from taking applications or fees for reverse mortgages until the... Continue Reading Posted at 1:15 AM \| Permalink
	Upgrading to One House Costs Arm and a Leg on Previous House Taffy Wagner September 9, 2006 How many times have you heard of a friend upgrading to a house and having difficulty selling their other home? Well, I forgot to share this information that I keep hearing. The market is bad here in Colorado just like... Continue Reading Posted at 12:15 AM \| Permalink
Sep 8	Auction News from Afar Taffy Wagner September 8, 2006 I have been writing MortgageVox for some time now and have truly learned a lot from doing this. I remember writing at one time about an auction as a way to sell your home. Aside from that, I have discussed... Continue Reading Posted at 11:12 PM \| Permalink \| Comments
	Sollen Technologies Expand Taffy Wagner September 8, 2006 There is so much happening in the mortgage industry that I would believe there is still room for advanced technology, new programs and even more effective ways to deal with consumers. Sollen Technologies has implemented two mortgage banking solutions: Lender... Continue Reading Posted at 10:10 PM \| Permalink
	Even the Young Experience Mortgage Fraud Taffy Wagner September 8, 2006 When young people are in the process of getting married, they often think about purchasing a home. Whether they are purchasing a condo or a home for the first time, they need to educate themselves about the home ownership process.... Continue Reading Posted at 9:07 PM \| Permalink
Sep 7	Who is on your Team? Taffy Wagner September 7, 2006 Before you begin shopping for a house, take the time to educate yourself about the process. See who the different players are. Talk to friends and colleagues that have purchased a house. Find out what they did that was good... Continue Reading Posted at 3:00 PM \| Permalink
	Risk-Based Pricing Could Be Unfair Taffy Wagner September 7, 2006 From my understanding of the Fair and Accurate Transactions Act of 2003, a lender uses a “risk-based pricing” system where they tap into an applicants credit files. If your credit file is inaccurate, it might lead you to get charged... Continue Reading Posted at 1:00 PM \| Permalink
	Business Growth for Home Remodelers Taffy Wagner September 7, 2006 As builders are reducing the number of homes being built is the business for home remodelers increasing? I say this because people are not moving up in size of home they cannot afford to. Nor are people moving out of... Continue Reading Posted at 11:00 AM \| Permalink
	Homes Affect Job Market Taffy Wagner September 7, 2006 We are all aware of what is happening in the real estate industry. ARMs, foreclosure and even less building. All of this affects a variety of jobs such as less work for real estate agents, loan officers, appraisers and even... Continue Reading Posted at 8:00 AM \| Permalink
	Shopping for Model Homes Taffy Wagner September 7, 2006 I remember when we were renting our town home, some weekends we spent driving to different areas looking at model homes. You could almost count on a builder having at least three models if not more in a development. Sure,... Continue Reading Posted at 5:00 AM \| Permalink
Sep 6	Questions Lead to Answers which lead to Solutions Taffy Wagner September 6, 2006 As a mortgage broker or lender, have you experienced people sitting across the table from you with that confused look on their face? Did you ask them a question to clarify what the misunderstanding was or were you so focused... Continue Reading Posted at 9:30 PM \| Permalink
	No Longer a Dream but a Nightmare Taffy Wagner September 6, 2006 Every day is bleak. Bills are piling up. You cannot think of how you are going to pay your mortgage. Your stomach is in knots and you can barely perform your job. You have a fear of foreclosure. All this... Continue Reading Posted at 8:30 PM \| Permalink
	Lawyer's Turn to Commit Mortgage Fraud Taffy Wagner September 6, 2006 It is apparent to me that mortgage fraud crosses over into many professions. Not just those in the mortgage industry. I remember when I shared a story that involved a patrol officer who was part of a mortgage scheme. Now... Continue Reading Posted at 7:31 PM \| Permalink
	Better Business Bureau - Real or Fake?? Taffy Wagner September 6, 2006 I recall many, many years ago if a company was registered with the Better Business Bureau they had a decent company reputation. However, in recent years I discovered being registered with the Better Business Bureau did not have the same... Continue Reading Posted at 6:29 PM \| Permalink
	Mortgage Fraud Today Taffy Wagner September 6, 2006 I was discussing with my husband that mortgage fraud is now considered the white collar crime. He began asking me what type of mortgage fraud is happening. I started sharing with him how home appraisals are being inflated. Then once... Continue Reading Posted at 5:28 PM \| Permalink
Sep 5	Steps to Reduce Mortgage Fraud Taffy Wagner September 5, 2006 There is a lot of mortgage fraud all over the United States. I have done several stories regarding mortgage fraud and no state or person is immune from mortgage fraud because it seems as if there is a lot of... Continue Reading Posted at 3:00 PM \| Permalink
	Home Loan Assistance to People that Give Every Day Taffy Wagner September 5, 2006 More and more housing corporations and even companies are becoming creative when it comes to helping their community. They are thinking of ways to help people that give to the community every day that might seek the American Dream but... Continue Reading Posted at 1:00 PM \| Permalink
	Aspen Deals Could Equal Reduced Financing Taffy Wagner September 5, 2006 If you could pay five million dollars in cash for a house would you do it? I imagine there are some benefits to this as a consumer such as no house payments meaning clear ownership and no reason for the... Continue Reading Posted at 11:00 AM \| Permalink
	Paperless Industry - Is it a Trend or a Dream? Taffy Wagner September 5, 2006 I imagine in the mortgage industry the subject of a paperless environment will come up many times. Sure there are professions that can become paperless, however I do not believe the mortgage industry will be one of them. In my... Continue Reading Posted at 9:00 AM \| Permalink
	Visionary Mortgage - A Mortgage Copmany for Many People Taffy Wagner September 5, 2006 When I began reading about this mortgage company, I was impressed. Having a name such as “visionary” alludes to having some vision wouldn’t you think. Visionary Mortgage offers something different for many people. In particular, I read about Zack Hansen... Continue Reading Posted at 5:00 AM \| Permalink
Sep 4	Interview with Mortgage Consultant Taffy Wagner September 4, 2006 I want to share one more item with you from my interview with TaWana Furbush. She is very knowledgeable about the industry and very passionate about what she does. Question: I have done many stories regarding mortgage fraud, tell me... Continue Reading Posted at 7:00 PM \| Permalink
	Poor Credit Home Loan Taffy Wagner September 4, 2006 Does the name not say it all in itself? I shared with you earlier how I felt about a bad debt loan. This is similar to me saying Skyline Banking I offering an easy online mortgage application for a poor... Continue Reading Posted at 3:10 PM \| Permalink
	Mortgage Lenders Take More than One Hit Taffy Wagner September 4, 2006 Mortgage lenders could be getting hit with two factors that are reducing their business. Thre are builders that have their own mortgage company and usually fund their homes through their lender. Based on this factor, there could be some disappointing news. Why? Because... Continue Reading Posted at 1:00 PM \| Permalink
	Bait and Switch Lenders Taffy Wagner September 4, 2006 I have to tell you I have heard stories of how lenders will utilize the bait and switch tactic when people com to them for help. How sad it is because it always takes a lot for a person to... Continue Reading Posted at 10:00 AM \| Permalink
	Shareholders Approve a Merger Taffy Wagner September 4, 2006 Every day based on what is happening in the mortgage industry, companies are merging and other companies are closing. The news I am about to share should not surprise you. According to breaking news I saw on tradingmarkets.com the shareholders... Continue Reading Posted at 5:00 AM \| Permalink
Sep 3	Mortgage Marketing Made Easy Taffy Wagner September 3, 2006 As the mortgage industry gets tougher, there must be new and innovative ways to market your business. You must do something that will separate you from what everyone else is doing. What is it that you can do that will... Continue Reading Posted at 9:10 PM \| Permalink
	Customer Service Tips in the Mortgage Industry Taffy Wagner September 3, 2006 It does not matter whether you are a mortgage broker or a mortgage lender, customer service can increase or decrease your business. How do you ask? If you are rude to the consumer, misleading or even if they can not... Continue Reading Posted at 8:10 PM \| Permalink
	Wells Fargo Steps up for a Home Sponsorship Taffy Wagner September 3, 2006 We have all heard of Habitat for Humanity and are aware that they build homes. Homes are built with the help of volunteers and other corporations donating time and supplies. About a week ago in Greeley, Colorado, Wells Fargo teamed... Continue Reading Posted at 7:20 PM \| Permalink
	Affordable Housing at Parade of Homes Taffy Wagner September 3, 2006 There were some playhouses at the parade of homes that our kids thought were just for them. As soon as we walked up to this section, my husband remarked this is the affordable housing section. The amount of detail and... Continue Reading Posted at 6:30 PM \| Permalink
	Denver Parade of Homes Taffy Wagner September 3, 2006 Well ladies and gentleman I did something today I had not ever done. I actually attended the Parade of Homes with my husband today. I must say from listening to him talk about in previous years, I thought it was... Continue Reading Posted at 5:05 PM \| Permalink
Sep 2	Down Payment Becoming a Thing of the Past? Taffy Wagner September 2, 2006 I remember when we purchased our first house and we had to have a certain amount as the down payment. I have heard that there are people getting housing with any down payment. I believe people are not understanding the... Continue Reading Posted at 6:00 PM \| Permalink
	Mortgage Offers mixed with Spam Taffy Wagner September 2, 2006 Have you recently opened your email box and in the inbox you have received spam email? I am sure it has happened to you, it happens to me. Some of those even contains mortgage offers. It amazes me what some... Continue Reading Posted at 3:00 PM \| Permalink
	Can you get a Mortgage after Bankruptcy? Taffy Wagner September 2, 2006 Due to unforeseen circumstances, you could find yourself ending up filing bankruptcy. Then the question becomes can you get a mortgage after filing bankruptcy? The quick and easy answer is yes. However, you might want to heavily consider waiting several... Continue Reading Posted at 1:00 PM \| Permalink
	Continuation of Interview with Ms. Furbush Taffy Wagner September 2, 2006 I want to share more about the interview with you. I found it absolutely fascinating to be able to pick the brain of the mortgage consultant. Let’s face it, there are a lot of things going on in the industry,... Continue Reading Posted at 10:00 AM \| Permalink
	Customer Service in the Mortgage Industry Taffy Wagner September 2, 2006 I have to write about this for a minute because it seems as if the days of customer service has gone by the waist side. Why do I say that? Have you tried to contact the mortgage company or your... Continue Reading Posted at 5:00 AM \| Permalink
Sep 1	Blog Staying Fresh Taffy Wagner September 1, 2006 Walt thanks for reading and keeping on reading. Be sure and share with your friends and colleagues about MortgageVox. One of my goals is to keep this blog fresh with up-to-date information and news that is happening within the mortgage... Continue Reading Posted at 11:10 PM \| Permalink
	Interview with a Mortgage Consultant Taffy Wagner September 1, 2006 Ladies and gentleman, I must share with you I had the opportunity to interview my first mortgage consultant, TaWana Furbush of National Lending Corporation (NLC) a couple of days ago. I did this for a couple of reasons: 1) when... Continue Reading Posted at 10:15 PM \| Permalink
	Convention and Trade Show in Colorado Taffy Wagner September 1, 2006 I was reading over the local news and was reminded that the Colorado Association of Mortgage Brokers’ 23rd Annual Convention and Trade Show is next week on September 7 and September 8. I have to admit, this will be worth... Continue Reading Posted at 9:17 PM \| Permalink
	Mortgage Broker out of Control Taffy Wagner September 1, 2006 I was speaking with the gentleman from the lawn service today regarding how many homes he takes care of in our area. He was kind enough to share with me what he experienced when he was selling his home. He... Continue Reading Posted at 8:15 PM \| Permalink
	Realtors Relax on the Job Taffy Wagner September 1, 2006 My husband and I were having this discussion a couple of days ago about realtors. I was upset about what he had to share. Let me preface this by letting you know, that he worked with realtors for about four... Continue Reading Posted at 7:12 PM \| Permalink

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