9/10 Mortgage Speech

Quick update on file. The processor will work file today and submitted the file for a final. The CD was generated and send out to customers. The Earliest Allowable Closing Date is 07/05/2016. Please keep in mind that Monday is a Holiday. Give me a call if you have any questions at 281-670-0145 or 832-212-3893.

A second mortgage loan officer, Sarah Harris, agreed to a $450,000 mortgage for a 20-year period at 8% interest rate after appraisal based on an income approach using 10.9% capitalization rate. Although not certain of her judgment, she considered Alexander’s projected figures realistic, but required him to personally sign the note as additional protection to the bank against loss.

The city has been rushed to closing only to have the paperwork sit at the title company for sever weeks. There has been no notification to the city.

Had I not been misinformed and read your e-mail that arrived on July 11th the documents would still not have been ready to sign on Friday. I would have reviewed the file and typed the necessary loan documents. Depending on what else I was working on in the course of my Job I would have had them ready on Wednesday or Thursday (same day they were ready). At this point David Stalheim would have received them for review. Once I got them back I would have routed them to the Legal, Mayor and Finance department for signatures. I would not have received them back (best case scenario) until Wednesday August 12th. This is something that I tried to explain to you earlier in the week.

Thanks for letting Quicken Loans help you with your mortgage. A team member will be with you shortly.

Thank you for contacting Quicken Loans. We understand you would like an update on scheduling your appraisal for the property on Kanawha Dr. I have sent a copy of your e-mail to the Mortgage Broker, Clayton Davis, to give you an update of your loan status. You can reach him at (678) 679-7000. If you need anything else, feel free to reach out to us at help@quickenloans.com or by phone at 800-863-4332.

Every country’s economy is greatly impacted by the beliefs and the attitudes of its citizens; conversely, the action of the people is affected by the country’s economy. In other words, economy of a nation and character of the citizens are correlated. For instance, in the United States, the “American Dream” to own a home had a huge influence on the mortgage crisis in 2008. However, the economy at that time period had been inducing people to buy new home. Likewise, in Greece, the growing trend of corruption and bribery among the people played a major role in shattering its economy. As a consequence of the dreadful economy, Greek people are revolting against their government. While Greece is trying to recover from its devastated state, the overrated American Dream is still a cause of multiple problems in the US. The tendency to use fulfillment of the dream as the measure of success among American people is the one of many reason behind the overall health of people and community and one of the main reason for crisis in 2008. The American Dream of owning a home killed the mediocre reality of middle class people and led to a nightmare of foreclosure and its deadly consequence instead.

2).Important Notice to Borrowers Related to Your Reverse Mortgage- This disclosure must be provided to the Borrower no later

I just received word that our full service branch on 12311 Nacogdoches Road, Suite 106 is now open. Just wanted to let you know we now have a local presence and that they might be able to refinance the existing debt we discussed. If you email some specifics on what you need to refinance I can forward it to the regional manager.

Attention Getter: Should I buy a home or just keep renting? This is the most important question prospective home owners consider before buying a house because owning a home isn’t for everyone.

Given that I'd substantial assets with all the particular lender (I’ll just keep the identity anonymous for now), I figured I would have a better chance of getting my loan approved quite fast. I only found know that my assets didn’t provide a reasonable convincing argument to get the type of loan amount I expected. Apparently, debt-to-income ratio matters much more than assets in these times.

I am currently a Senior Mortgage Banker within the company and, as a result, have extensive experience with the entire mortgage process as well as the tools used by the banking force day-to-day. Within my team, my Director has encouraged me to take on a larger role than direct banker-to-client sales by requesting that I create weekly business plans in order to improve our team’s conversion and that I hold one-on-one sales trainings with members of the team to help improve on areas of opportunities those bankers may have. These tasks have allowed me to focus on “the bigger picture” (a.k.a., finding solutions to problems within or business), rather than individual sales. I am finding that I am truly enjoying these additional responsibilities,

Since the housing market bust, there has been an explosion in the number of federal investigation of mortgage fraud scheme across the country. Mortgage Fraud is a violation of state and

• Credit underwriting: Evaluating underwriting practices on new or renewed loans for easing in structure and terms. Reviews will focus on new products, areas of highest growth, or portfolios that represent concentrations. Examiners will continue to assess banks’ efforts to mitigate risk for home equity lines of credit approaching end-of-draw

We've all seen those movies of those lazy individuals we call millennials. These people are often depicted as dependent individuals that are either living with their parents or renting some shady apartment. That's the question has been proposed whether or not are they justified in doing so. It is obviously easy to say that they have a right to do so, but can it be considered rational in the days we live in. Are their benefits from withholding to buying a house. And maybe even this could be the redefining of the new “American Dream.”