As You Know, MLO’s Are Required by Federal Regulations To Complete 8 Hours Of CE Every Year We strongly recommend LIVE; you do not want to sit on a lonely computer for hours. Go LIVE; ask questions; finish easily; network; have a learning experience; no carpal tunnel syndrome; etc. Duane Gomer, Inc. Has Started The […]
Points of First Contact
Points of First Contact Just finished a CAMP Conference in Coronado. It reminded me of a course that I was required to attend at Indiana University before I could graduate with my BS in Production Management. The Course Was “Introduction to Interviews” And I believe that the course was a major reason for many years […]
Guest Writer Bob Hunt – Small Claims
Bob Hunt Is An Outstanding Writer And Friend He has written an article on Small Claims Court. Hopefully, none of you will ever have to go there, but if you do, you should be prepared. This article will prepare you. Thank you Bob for allowing me to share this. Small Claims Court Manual Is Helpful […]
Advice From The Real Source, CalBRE For Real Estate
Just Read An Article From The CalBRE Website It is called, “We Can Cut Your House Payments in Half.” Everyone should read it. Even the gurus like Phil Immel should read it and pass it on to his clients. The opening sentence: “You should be aware that sometimes the claims made in advertisements do not […]
Three Easy Steps To Becoming A Real Estate Licensee: Check Out Our Crash Courses
Let Me Give You A Couple Facts: In the peak of the Real Estate Chaos (in 2007), there were over 548K Real Estate Licensees in California. Today, there are around 420K and growing very slowly. Stats are showing that total volume of sales is at all time highs, logically means that commissions are at all […]
Libor, We Knew You All So Well
Libor, We Knew You All So Well For so many years when a Mortgage Loan Originator was asked, “What index is used for this adjustable loan?” Most of the time, the answer was LIBOR. Now there could be others such as 11th District Cost of Funds, 10 Year Treasuries, Moving Treasury Average. That was not […]
I Meet The Nicest People
This Is Karen Bates, President Of The California Association Of Mortgage Professionals The other fellow is a person who spoke at her Annual Conference the first week of August in really beautiful Coronado. Thank you CAMPers for hosting the affair. Karen was installed as President at the function. She is owner with her husband Ken […]
Landlord And Tenant Problems; Security Deposits
Steve Duringer Is One Of The Top Eviction Attorneys In California A former student of mine years ago, he has become the guru in this area. His newsletters, websites, and booklets are great sources of information. I would like to quote a thought from one of his FAQ’s. “The disposition of security deposits on move […]
MLO’s Information To Stay Out Of Trouble With The Regulators On MLO Advertising
One Of The Biggest Problems For State Licensed Mortgage Loan Originators Is Using Proper Advertising You can have completely accurate ads and still violate many State and Federal Regulations. Last week, I introduced a new form to my classes. Most of them have never seen one. Of 60 students active in lending, only one had […]
CFPB Rides Again
New Bank Loan Regulations on Arbitration Clauses Earlier this month, Richard Cordray, Director of the Consumer Financial Protection Bureau, announced a new set of rules concerning arbitration clauses in bank loans. The new regulations would not eliminate all arbitration clauses, but it would eliminate clauses that made it impossible for victims to form class action […]