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CFPB’s Implementation of Dodd Frank Act Clarified – Broker Compensation Rule Revised
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(Based on MORTGAGE e-ALERT from Herman Thordsen, Esq.) A recent revision of Regulation Z has confirmed that beginning in 2014 loan originators can receive commissions on borrower-paid compensation. Currently, Re...
S. John Murray Uses Refi Niche to Achieve Superstar Success
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S. John Murray knew that there were better options than being known as “Mr. Meat,” the nickname for top salespeople at the in home frozen meat distribution company where he worked. After graduating from the Univers...
What’s New in 2013?
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We asked several lending professionals to share what they will be doing differently this year to expand their production and enhance overall customer service. “As an originator I am leveraging the advantage of ...
Should I have a website? (video)
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This question has been asked of me many times: Should I have a website since I have a Facebook page and other free social media profiles? The short answer to this is YES. I understand the question from two standpoi...
Coaching to Success
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Editor’s Note: We asked Bill Hart, a veteran coach at Building Champions (Lake Oswego, OR) to offer his insights on coaching and how it can benefit new and veteran loan originators alike. Future articles will highligh...
Time for video to take center stage…again
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Facebook is making your profile more visual with the Timeline and the new image gallery. Instagram is turning all of us into professional photo editors. Pintrest has established its entire existence using nothing but ...
Preparing for the “New” Purchase Market
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Loan originators everywhere have welcomed the prolonged period of low interest rates. It has enabled more borrowers to obtain refinances and, of course, more originators the opportunity to expand their business. Ma...
Become a brand – part 1
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I live in a city in Southern California with a lot going on. It is a nice family community with lots of attractions and things to do. One thing that has been missing in our immediate neighborhood is a good burger plac...
Achieving Your New Year’s Goals
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As most of us look ahead to the New Year, we are considering the best way to plan and achieve our major goals and other business and personal “resolutions.” Setting goals for yourself is easy. Sticking to the plan to ...
How You Can Use Kindle to Generate Free Business Leads
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Imagine Amazon sending you business leads regularly and even paying you to do so. Why would they do it? “Amazon is desperate for reading material and you can publish your content for free as Kindle books,” says V. Mi...
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