Archives for the 'Loan Officers' Category

The Cure For The Foreclosure Epidemic: Part 3–The Room

The real emotions of buying a home begin with The Room.
The room, as I call it, is the place where you, the borrower of a loan, and the loan officer, the person who is assisting you in getting the loan, meet. By place I should almost say space, but really, it is how you meet the […]

30 June 2007 | First Time Homebuyers, Closing Costs, Good Faith Estimate, Loan Officers, Programs, Foreclosure | 2 Comments

The Cure For The Foreclosure Epidemic: Part 2–American Dreams

Everyone imagines their dream life. Part of this dream derives from our own individual goals and motivations and possibilities.  Part comes from a culture.  Our culture. After all everyone from friends and family and realtors and loan officers pushes to buy a home.
This post follows the Introduction and Part 1 about our foreclosure problems.
It’s no secret that, […]

20 June 2007 | First Time Homebuyers, Pre-Approval, Loan Officers, Foreclosure | 1 Comment

Tony Soprano, Foreclosures, and the ‘Da Dum’

You know how pieces of music resolve, bring closure to the end?  Kind of with (and you have to hear this in your head) a ‘da dum?
The Sopranos final episode had no ‘da dum’.  At least not the way most people wanted. No clean tied-up ends, no resolutions, but a lot of wondering.  Many people […]

13 June 2007 | First Time Homebuyers, Pre-Approval, Loan Officers, Programs, Foreclosure | No Comments

Foreclosure Fingerpointing Game

I have never been a fan of fingerpointing. Usually the one who is doing the most fingerpointing is the one who probably should be looking in the ‘responsibility’ mirror.
This article demonstrates how ridiculous the fingerpointing has become regarding the subprime and foreclosure chaos.
There is plenty of blame to go around: banks (lenders) who offer crazy, […]

25 May 2007 | First Time Homebuyers, Loan Officers, Programs, Foreclosure | 1 Comment

Pre-Approval Saves the Day

Spider-Man may be saving cities right now, but here’s a hero who is saving his client.
Russ reviewed his client’s credit report and found an incorrect late payment for a previous client who has had outstanding credit. This all happened early on, during the pre-approval period, so, as Russ writes, things should work out fine.
But what […]

5 May 2007 | First Time Homebuyers, Pre-Approval, Loan Officers | No Comments

Scorecard for Your Mortgage

It’s golf season.  The weather here in Chicago finally turned and I went to the driving range to practice.
My wife has been golfing for over ten years, and last year I decided to take lessons, practice, and play as often as I could.  I loved playing. I became passionate about playing. It seemed it was […]

5 May 2007 | First Time Homebuyers, Pre-Approval, Real Estate (Agents), Loan Officers | 1 Comment


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Copyright © 2007 Richard Cohen. All Rights Reserved.