Last week I had fun creating a spoof where I’m consoling a drunk racoon, Rocky. Rocky has the blues because he decided to chase a low rate with an online lender and now his home purchase transaction is on a rocky road. All joking aside, I actually have saved several purchases where clients who first opted for an online lender with a slightly lower rate discovered that the loan officer and their lender could not close their transaction. It’s easy to promise a low mortgage rate but that low rate doesn’t matter at all if your transaction doesn’t close. [Read more…]
Working with a Local Lender vs. an Online Lender for your Mortgage
Arts in the Park in Puyallup
Yesterday I had the opportunity to participate at Arts in the Park at the Pioneer Park Pavilion in Puyallup. This was my first time demonstrating and being on the other side of the booth at an art fair. I really had a great time.
T’was the Week Before Christmas
Editor’s Note: We have some super talented people at Mortgage Master. This poem was written by Shelli Nixon at our office and shared during our RESPA training today. This is posted at Mortgage Porter with her permission to share with you!
T’was the week before Christmas
When all through the lands,
LO’s and Closers were wringing their hands.
RESPA Changes are coming,
They all started to worry,
We’d better get trained, and trained in a hurry!
We all kept on hoping
There would be a delay.
But HUD said, “No Way,” it’s all here to stay.
“We love our new HUD
And our new GFE,
Don’t fret, don’t worry, it’s as simple as can be.”
We all shook our heads,
Threw our hands to the sky.
What were you smoking? You must have been high!
You took a one page doc
And changed it to three.
Easier? More simple? How can that be?
The Regs don’t match up,
So now what do we do?
HUD says, “No comment, It’s all up to you.”
No info on TILA,
HMDA, REG B.
We are totally screwed, why can’t they see??
In a time when some borrowers
Think lenders are scary,
You’ve given 3 pages to make them more wary.
This doesn’t make sense,
Not one little bit.
We are all trying hard to not throw a fit.
So we all do our best
To put borrowers at ease.
But make more reform, please, please, please!
Please bring someone in
Who knows what to do.
What is best for both borrowers AND lenders too.
We are all still waiting,
Though not holding our breath
And hoping the government doesn’t “Reg” us to death.
So on this week before Christmas,
I’d like to wish you
Good luck with RESPA, I need it too!
~Shelli Nixon, Mortgage Master Service Corporation<
ChaToe LaFeet’s First Wine Review
Just in time for a Friday funny…at least it’s cracking me up! My brother-in-law, Mike, just published a review of the wine that my husband and I made and bottled earlier this year: ChaToe LaFeet. Here is our first official review: [Read more…]





