Video Marketing and Mortgage News Designed for Mortgage and Real Estate Sales

GSV: (April 06, 2010 5:06pm)

Ok, this is really ridiculous. What Obama and his administration has done and is continuing to do that effects our industry is of major concern, or should be to all of us. Forget the comparison to Rush or Glenn. By pointing out the absurd actions of this administration Brian and Frank can have relevant opinions and should not have to defend themselves or be accused of being a“copy” of anyone. Get real, most people agree with what Rush and Glenn talk about and it doesn’t mean that they are copying anything from anyone. You obviously have a problem with these 2 stars, most people don’t. Keep talking Brian and Frank, don’t let these socialism supporters make you explain or defend yourselves. Point out the bad decisions being made that effect all of us in this industry. If someone is offended and thinks its political, WAKE UP, it IS politics that got us into this mess and its politics that is making it worse.

ElaineB: (April 06, 2010 1:57pm)

RE: Foreclosure defense - I came across a man who claims to be an expert Witness, Maher Solomon at http://www.foreclosureinfosearch.com (check out this site where he said, "As a field underwriter I reviewed files for purchase for a firm located in Thousand Oaks, California. I saw first hand how a file I rejected was submitted again and again and again until it was approved by a direct link to the Wall Street investor. When I returned to review the companies loans offered for sale there it was. A million dollar loan to a graduating high school student and a calculation to show the payment shock from moving out of his parent house after attributing the rent the student should be paying his parents." He is easy to talk to and very interesting about how to fight the lenders on UCC laws.

DD: (April 06, 2010 1:49pm)

Don't forget who is really paying that 8.5% ROI for the Gov's bail out; the customers of the banks aka taxpayers. They have us by the cojones by charging high banking fees, interst rates on credit cards and any other way they can extract money from customers. Looks like a good hidden tax to me.

FinanceLogic: (April 06, 2010 12:52pm)

Why's there so many complainers!? PALEEZE people! Government & lending go hand in hand. How can you hear stories/news of one without the other!?!? HVCC is here to stay so stop complaining about it and figure out how to make it work for you, or get a different career. CE and Testing is also the new norm for originators & brokers, accept it or get out. Bankers will eventually have to do it too. So REALLY what does complaining accomplish!? Hold your head up, be postive and make things work for you! Frank & Brian nice job today, as always! Keep up the good work and variety!

Bill Akers: (April 06, 2010 12:28pm)

Guys. try this simple script."Hi joe, i was just going over some old files and I came across your file. You closed a loan with us in August 2006 at a rate of 6.5%. I was just touching base to see if you have had an opportunity to lower that rate yet?" BOOM YES or NO. Go with it. If yes, "Well Joe, thank you for your past business, By the way, have you talked to anyone lately that I may have the opportunity to earn their business, either for purchase or refinancing?" BOOM ITS A NUMBERS GAME! THROW ENUFF MUD AGAINST THE WALL.....Good Luck!

clulessdad: (April 06, 2010 12:17pm)

Coloradojoe-I tune in from time to time and see what is going on in this world. Poitical bias comments don't do anything for me. I am trying to get some loans done. F&B-great job everyday. I take everything you guys say with a grain of salt and a cup of coffee. I really wish you guys would lead our industry. BTW- I am still trying to get a meeting with Gary Miller

CornerstoneKathy: (April 06, 2010 11:59am)

Present and accounted for!

Mortgage Broker: (April 06, 2010 11:54am)

amarine - "Government intervention saved us from a full blown depression!" Saved who from a full blown depression? Maybe the TARP funded banks but the last time I checked I'm losing hundreds of future customers each month due to foreclosures. It's great that the government is able to turn a profit and that the banks are now "stable" again but what about the average american? It hasn't trickled down to the average american because there weren't any guidelines in place to make sure that the money was shared. What are the democrats or republicans doing about that? Nothing. Both parties make me vomit.

Bob Martin: (April 06, 2010 11:17am)

I just signed up for Barry H and his seminar, completed the online sign up form and then was directed to the Webinar page that reflected that the seminar is currently not available. Did not receive any confirmation that I am signed up for the webinar....not sure what is wrong...but based on my previous experience I should have received a confirmation rather than being directed to the log in page for the webinar...please advise..thanks

bicklehoff: (April 06, 2010 11:16am)

Brian, the satire could have easily been directed the other way to make fun of the doomsday critics of tarp bailouts. satire is funny when it hits at an underlying truth, and in the case i think the truth in this story was that the bailouts actually seem to have been a good idea.

Joecolorado: (April 06, 2010 11:15am)

where are cluless dad, jerseygirl, kornerstonekathy, 5pence, valuequestor and a gazillion others?

Tony (FAMP) Miami, FL: (April 06, 2010 11:06am)

My name is Tony Modrono I am the president of the Florida Association of mortgage brokers in South Florida. Our chapter is holding an educational course on FHA underwriting today. The instructor gave us a heads up on some proposed changes that some have been implemented already such as the UFMIP from 1.75% to 2.25% and some that are just mind blowing if actually implemented. I would like to send them to you. I look forward to your show on a daily basis and would love to get your persepective on these proposed changes. please shoot me an e-mail where to send them.

frankgaray: (April 06, 2010 11:03am)

Jerrys Corner - sorry we missed your mark today. The good news is that we do this every day and we try our best to deliver value you can use. Once in a while if go on a rant, oh well, we're just voicing an opinion. Hope you stay tuned in, I'm sure we'll make it worth your while even if we do piss you off now and then.

frankgaray: (April 06, 2010 10:58am)

Hey Relo.. not that I'm against drinking! But what that would tell me is that, rather than get down about it, it might be time to sharpen those skills. You only called 5 peeps, so pick up a sales book, read it, call 5 more and experiment with it. Keep doing it until you get it down. That's were our heads need to be.. agreed?

JerrysCorner: (April 06, 2010 10:52am)

It's funny... If the bailout WASN'T repaid, they would be complaining that the taxpayers weren't getting a return. But since their IS a return on the bailout money, they somehow jump logic and connect it to "socialism," "fear-mongering," "bigger government" etc. I'm here for news, not theory.

JerrysCorner: (April 06, 2010 10:45am)

1) I was not refering to you. I was talking about the show today. It does sound more like a Beck/Rush show than an infomrational mortgage video. 2) I don't see how I'm not "allowing someone to speak freely." If this show runs out of informative material, I'll turn somewhere else (NPR's Planet Money sounds good right about now actually)

Anonymous: (April 06, 2010 10:38am)

Ok, let's stop attacking everyone and get back to business! Who cares what the other feels about the political front. Find a solution on getting your job done, changing those who are creating some riducules rules changing financing. Some for the better however. Get on track now and vote your voice when the opportunity arises again.

kebmo: (April 06, 2010 10:29am)

there's some pretty ridiculous comments on here today. socialism has never succeeded? anywhere? have you ever heard of switzerland? sweden? norway? ask the citizens there how it's working for them. they'll tell you that it's working pretty good. some of the happiest people on the planet live in socialist countries. wait til your insurance company refuses your care. reality check: obama is NOT a socialist, and the only people who really believe that he is, are also the people that listen to the beckster. here's a clue for you. GLENN BECK MAKES SHIT UP!

Anonymous: (April 06, 2010 10:27am)

I'm sorry "jerryscorner" that I started the political debate thing. I was truely interested in what the other person was thinking when it came to "prospecting after the election". It didn't make sense. I have been lending for over 20 years now and this is just another turn in the wheel. Regardless of what is said here, I think the show adds value and substance. People have a right to speak their mind as you did and we are usually all better by it. Put on your happy face, pull up the big boys pants and get to work!!! I look forward to hearing about your success instead of allowing someone to speak freely.

JerrysCorner: (April 06, 2010 10:19am)

I'm unsubscribing if this is going to turn into a political propaganda blog. Lame show guys.

Lowly Processor: (April 06, 2010 10:16am)

On the topic of asking for referrals... I just had a client call to tell me she fedexed us some documentation and she mentioned her brother's living situation. I told her that he needs to talk to us, and he should call. Seriously - it was like a light bulb went off over her head, as if she never thought about telling him to talk to us. It just goes to show even clients that love you, aren't necessarily thinking to pass your name on... we have to make opportunities for them to do so (dare I say, TEACH them to pass on our names).

kebmo: (April 06, 2010 10:05am)

it really kills me how short everyone's memory is on here. i find it ludicrous that you all seem to think obama's at fault here. the man inherited a shit sandwich from our previous inept president and everyone here seems to forget that. everyone also seems to forget the downward spiral that the economy was in when obama took office. sure he threw money at the problem...but have you forgotten what hank paulsen did? sheesh. at least the money obama spent is being accounted for and indeed, is turning a bit of a profit. the only profits that paulsen generated with t.a.r.p. were goldman sachs' profits. get real.

Joecolorado: (April 06, 2010 10:01am)

talking down to us is showing your arrogance.Just because we have differing views doesnt warrant the "jokers' tab.It also doesnt mean that you are correct.So get of that high horse and come up with a string that can help the situation instead of showing your rancor and intolerance of differing opinions.

I LOVE OBAMA: (April 06, 2010 9:56am)

Glenn Beck is a very smart person and I would listen if I were you or my comments below will become reality to you jokers. Do you really want to pay for my kids and myself? It would not bother me if you did but is it right or should I get off my ass and go to work and pay for my life. which do you prefer?

Joecolorado: (April 06, 2010 9:52am)

additionally all the response I received from the emails and letters sent are the standard stock "thank you for your interest"replies.So I guess they are not as desperate for one vote yet as its not close enough to election time,but its coming...

Joecolorado: (April 06, 2010 9:49am)

emerald-do as I did and am currently doing, sending that data to my senators and reps in Denver,also explaining that the additional costs to their constituents doesnt stay in Colorado but is going to a different area where they get the benefit taxwise of Colorado money.This happens in every state not just Colorado, but it doesnst excuse the extra cost to the consumer.I figure that the reps will probably not care about the individual constituents,but will be more concerned about losing tax money.

emerald: (April 06, 2010 9:42am)

Does anyone know if we can report the costs of the new appraisal process? I'm thinking now that we have proof of the excessive costs someone should listen now. Our appraisals in our area have went from 375.00-450.00 to 550.00-675.00. This is not in the best interest of our clients.

schlumper: (April 06, 2010 9:33am)

why would you state that you need to prospect after the election? Are you stating that are current administation is the problem for fewer clients who are buying?

relo: (April 06, 2010 9:32am)

ok called 5 people from my data base. I am not a counselor but after those five calls I am drinking my lunch.

GODLIKE: (April 06, 2010 9:19am)

AMARINE what one person calls cynicism others call realism.

GODLIKE: (April 06, 2010 9:18am)

I have been sending a satisfaction questionnaire after closing for almost 30 years now. You learn a few painful things, but you also learn some really cool things. It's the little things they remember, the kindness in your voice, the late night phone call, the Friday afternoon status report so they can sleep all weekend. And it does generate new business. We've gotten about 60% of our business for decades. We seldom had to get out of the office and prospect until this last election.

SurveyStupid: (April 06, 2010 9:13am)

OK, how is a customer survey going to help? nearly every buyer hates loan officers after finally closing on their loan....Why? Because we have to ask them for blood samples and the grankids report cards etc...to satisfy scared wussy underwriters conditions. Having a customer tell that they don't like 45-60 escrows, pauing $100/day per diems, complaining they had to pay an extra $300 for two 442 re-inspections, and that we shouldn't change UW guidelines during the process of a loan will not create loyalty. It will reinforce how screwed up this industry is.

amarine: (April 06, 2010 9:11am)

Your cynacism towards the federal government jades your credibility. Government isn't perfect but it isn't all evil either. Government intervention saved us from a full blown depression!

Cnelson: (April 06, 2010 9:06am)

Great video today. Love the Challenge to call 5 people you wouldn't normally call. What a great reminder that we are all in sales and sales is a contact sport!

GODLIKE: (April 06, 2010 9:03am)

I've never watched Rush or Glen, and I have no idea about their politics, which side they voted for or anything, but based upon the comments I've seen here, they must be some pretty smart guys.

Killin-It: (April 06, 2010 8:57am)

Don't hate on Barry. He is a stud, very smart man! What was he supposed to say? He was on of the few that wasn't a doom and gloomer!

Look in the Mirror: (April 06, 2010 8:54am)

Wow lots of touchy people. The comment about Rush and Glen was a joke because Brian had me laughing. I take no sides and laugh at both sides. Freedom is what it is about and both sides want to restrict freedom, you just have to keep yourself far enough removed from buying into the rhetoric or you won't see it.

brian tbws: (April 06, 2010 8:49am)

hey guys. within the opening stories are two pieces of info. 1/ We're getting a decent return on bailout funds and 2/ The head of the IMF commented on our current crisis. Both pieces of info are great talking point with your industry partners. I dressed it up with satire. I wasnt trying to make any huge political point. In fact if we let politics get too involved in our show then we're not succeeding in our objective. Just wanted to point that out. Thanks a bunch guys.

Joecolorado: (April 06, 2010 8:45am)

BC-I agree that its wrong,but I get a lot of information from people I meet in these classes and sometimes its the only way to get additional information from my peers as I am a single appraiser/operator.The continuuing ed is a pain, no doubt about it, but even after being an appraiser 39 years I still learn something new every time I am in a class.and its soooooo good getting out of the office,turning off the cell phone and having lunch sitting down at a table!!!!!.

MDoriginator: (April 06, 2010 8:44am)

I've been a mortgage originator for 14 years and I've built my entire business off of referrals of my friends, family members and past clients. My business has taken a hit over the last 2.5 years the market tanked but I still constantly ask daily everyone I speak to for a referral! It's like having 2 guarentee settlements per month. My goal is to continue to build this referral database and sell it when I'm ready to get out of the mortgage industry.

I Love Obama: (April 06, 2010 8:35am)

Obama, Obama, Obama, YES WE CAN, YES WE CAN, YES WE CAN. WE CAN MAKE ALL OF THESE PEOPLE PAY FOR ME AND MY KIDS OH YES BABY WE CAN.

Markus: (April 06, 2010 8:31am)

Yes, I agree...you guys are middle of the road. Sex sells, and so does silliness...you're doing a good job of making droll stuff interesting. Politics....we can't get away from it--so why ignore it? You guys don't. Regulation and changing rules are the norm, and we need all the unbiased reporting we can get. Way to go guys! (Beer with Obama...nope! He'd probably lace it with Kool-Aid!)

I Love Obama: (April 06, 2010 8:31am)

I voted for Obama and he is doing everything he said he would. Why do people keep attacking him? He is coming after everyone in the mortgage industry and I think it is funny. As you get MAD think about him making YOU pay for MY gas, Food , and Rent. It is coming that is right YOU will be paying for me LOL. BooYa...

Seriously Speaking: (April 06, 2010 8:23am)

Mirror: I think opinion and choice is part of freedom. There are many opinions I dislike tremendously but do I have the right to force everyone to think as I? NO, that is a principle of socialism and loss of freedom. I find that something helpful is, if I dont like a persons opinion I have a choice to stay watching or listening to see if I may find some hints of truth I was unaware of or a different perspective to broaden my horizon or I can simply change the channel. If these guys offend you please feel free to change the channel. Have a great day and GO Freedom, GO Democracy... and GO AWAY Govt intervention and forced control into every F-ing detail of our lives!

Look in th eMirror: (April 06, 2010 8:15am)

Clark Kent - you are hilarious. It was not a political comment, it was about the passion and going on a bit of a tangent. It was funny, ha ha, not shocking, ooohhh socialism

Rob in AZ: (April 06, 2010 8:11am)

"If you're not outraged you're not paying attention"

CLARK KENT: (April 06, 2010 8:07am)

GOOD PROGRAM......IGNORE THE STUPID REMARKS. JUST KEEP BEING HONEST WITHOUT FEAR OF GETTING SOME BODY'S LITTLE PINK PANTIES IN A WAD. I DO NOT KNOW WHAT YOUR POLITICAL LEANINGS ARE AND I REALLY DO NOT CARE. YOU SEEM MIDDLE OF THE ROAD TO ME.

Look in the Mirror: (April 06, 2010 8:05am)

So is Brian trying to be Rush Limbaugh or Glen Beck copy cat?

cpappraisals: (April 06, 2010 8:03am)

BC-Welcome to our world. The testing and CE never stops for appraisers and it is the same stuff over and over and over and over and over...I feel you...

BC: (April 06, 2010 7:54am)

Joe, I have disassociated myself from the guy. I won't even return his calls now. However, he is cheting on something that should not be required. It is absurd to have all this testing and education about something that is so simple. Government has made a criminal out of this guy and that is wrong, no excuses for not doing all the redundant work like we are, but it is wrong.

BC: (April 06, 2010 7:49am)

OK, Last time, how are you handling it? you are just rolling over and letting government dictate to you all that you must take 100 hours of class, identical redundant tests per state, unlimited CE and endless fees and costs and you are all doing it without complaining and stating that it is unnecessary and ridiculous because the loan products have not changed by a single word in 30 years, unless you sell the crap. I wouldn't like to have a beer with Obama, I would like to elbow him under the basket though.

GODLIKE: (April 06, 2010 7:43am)

Q- In this climate Political information IS mortgage information. In case you haven't noticed they go hand in glove today.

Enoughwiththat: (April 06, 2010 7:42am)

Politics and complaining about HVCC that's what this is now all about?

GODLIKE: (April 06, 2010 7:41am)

Q - REALLY? Obama helped things? You really feel things are better now? I seemed to remember actually having extra money and hopes prior to the election, now I'm wondering if I'll even have a company by the end of the year.

Joecolorado: (April 06, 2010 7:35am)

BC-the person you know that is forging it....is the problem.Why should someone be able to take advantage of the system at the expense of others who conform to the requirements and yet have no repercussions?report him/her to the authorities as its diluting the standards needed to make this work correctly,and by knowing about it and accepting it you appear to condone the cheaters actions.Get rid of this person, we dont need their kind in our business.

Q: (April 06, 2010 7:34am)

Actually, I have seen Glenn Beck. My point is that I come here for mortgage information, not political rhetoric. There are plenty of forums for politics, this, I hope is not becoming one of them.

BTM: (April 06, 2010 7:33am)

You left leaning people need to leave the hosts alone. You are whining about them being too far right yet I think they tend too far left. Maybe that puts them where they should be. Like it or not, economic policy affects all business, including real estate, so they have to talk about it. Obama is a socialist and most of his advisors are hard core, radical socialists. That isn't even debatable. What can be discussed is whether or not socialism is Good or Bad. Since socialism has never worked anywhere, ever, not once, ever, I don't see the attraction. I have lived in communist countries and socialist countries and have no interest in seeing more of that in the US. What do you find appealing about it?

TheFyouSay: (April 06, 2010 7:32am)

I am soooo mad that I missed the free golf cart. Can you guys please give us a heads up if the program comes back?

bfore90210: (April 06, 2010 7:27am)

I agree, Brian and Frank would make Glenn Beck proud. We are all socialist now!

Fear squisher: (April 06, 2010 7:23am)

I promise "Q" has never seen Beck either.. Just fear reports from MSNBC... Liberals, like the Brits, are blind loyalist to the bitter end.. "It's not a lie if you believe it Jerry" ~ George Costanza

BC: (April 06, 2010 7:20am)

I need to get out more. This country has been taken over by socialism. How anyone could believe anything else is beyond me. We are now slaves of the democrats until November 2, 2010. Is anyone going to answer my question about the testing, licensing, CE and riduculous process mortgage lenders are being put thru or are we just talking politics not mortgage stuff?

frankgaray: (April 06, 2010 7:03am)

Just to say it out loud. I have no affiliation to any network or person in the media at all. I've never even seen a Glen Beck show, and I haven't listened to Rush in 15 years. Whatever strikes me at the time is what I respond to, that's it plain and simple. As far as Obama goes, I think he's spending way too much money, but I'd love to have a beer with him. Hope that clarifies my position on things.

Q: (April 06, 2010 6:56am)

You guys are starting to scare me. I first tuned in because I thought there was useful information. While there still is, you are becoming more and more like a snippet of Glen Beck or Rush with your obvious disdain for the Obama administration. We can argue all day long about whether or not the administration policies are good or bad for the economy as a whole and for our industry in particular, but for my money, they seemed to do what was needed to keep us from a depression and now all indicators seem to be pointing toward a recovery. If I were you I would scale down on the rhetoric and stick to mortgage banking.

Speaking out in PDX: (April 06, 2010 6:56am)

Great Civics Lesson on Gov't and Personal Liberties http://www.wimp.com/thegovernment

Socialism Train: (April 06, 2010 6:44am)

My apologies Frank. Could have swore you were a CNN lover. I'll have to go back and view that show if I can find it. Maybe you were being facecious and I missed it.

Jumpin On the Socialist Train: (April 06, 2010 6:40am)

Additionally, anyone who doesn't think that Socialism is slowly seeping into our lives has not a clue. The incremental stealing of our liberties has been happening since the signing of the Declaration of Independence. Europeans have attempting to dismantle the liberties of the US since it's inception. World domination is more prevelant among the elitists than imagineable. Simple and common folk have NO idea what goes on behind the curtain. Evidence of loss of liberties can be seen everywhere. The incremental and disguised efforts are almost invisible to those who's head is in the sand. Those that don't know or believe the constitution and bill of rights is being dismantled have been asleep and know not history. How easy is it to steal from someone who trusts the theif and has no understanding of the crime? PAY ATTENTION !!!

frankgaray: (April 06, 2010 6:39am)

I don't remember ever touting CNN or vilifying Glen Beck... you must have been watching a different show!

BC: (April 06, 2010 6:39am)

You guys must not have to pay for any of the testing, continuing education, class hours and out of state and in state licensing? How do you have time? We are in 8 states and the cost of all the testing and education and class time is unbelievable. Unless you do it like a person I know that forges it?

Jumpin On the Socialist Train: (April 06, 2010 6:32am)

It's so funny to hear Frank and Brian screaming Socialism while at the same time poo pooing Glenn Beck. Wasn't it just a few months ago that Frank was singing the praises of CNN and vilifying Glenn for Screaming "Socialism". But ohhhhhhh.... Now their head is out of the sand. Funny. We tried illumintating this issue years ago and it fell on deaf ears. Funny. Hindsite is 20/20 especially when your hind is soooo close to your eyes. Get it??? I jest guys. Good job on ringing the bell. The Socialists are coming. The Socialists are coming !!! And.... The Broker is Dying.

jdacey: (April 06, 2010 6:24am)

Frank: Passed through France and didn't eat. But I was shocked at how bad the food was in Italy (rome/naples/capri). Monaco is where it's at AND they have the type of Government you would like. Next to no regulation and a flat sales tax.

Get Real: (April 06, 2010 6:18am)

I think you guys should do the whole show as the hillbillies! Definately entertaining-glad you brought that skit back. A good laugh in a crazy industry.

frankgaray: (April 06, 2010 6:12am)

I'd love to visit France... my friend just came back but she said the food sucked. That's weird to me, because I would think it would be fantastic. Did you like it?

andrew: (April 06, 2010 6:10am)

Please quit harping on the socialism crap! You sound like a bunch of "The Sky is Falling- McCarthyists!" Other than the burst of conservative, paranoid rhetoric, I love you guys. By the way, go visit France some time. Its pretty cool.

frankgaray: (April 06, 2010 6:04am)

It's just a rant Pedro... But... The dude is coming over here spreading more fear which apparently in our case winds up leading to bigger government, which, I'm sorry, winds up being somewhat socialist. No?

Pedro: (April 06, 2010 5:42am)

About the socialized government bit: conpiracy theory b.s.

BC: (April 06, 2010 5:36am)

Industry Stuff Like: the hundreds of hours of education to disclose to someone one that they will have 360 equal, reoccuring identical payments for the next 360 months? Or how about all these redundant ridiculous tests per state? Or Continuing education to learn that the days we have to file an expired license in Ohio is 7 and in Missouri it is 8, and in Florida it is 9, garbage. They don't want to talk about the government persecution of the citizens in our industry. It would be impossible to start a mortgage business today. The licensing would take 20 years. Did I mention that banks have none of this?

AZ Linda: (April 06, 2010 5:26am)

Hey Oldtimer, thst's no mullet, it's a pompador! Go Brian!

AZ Linda: (April 06, 2010 5:26am)

Hey Oldtimer, thst's no mullet, it's a pompador! Go Brian!

AZ Linda: (April 06, 2010 5:25am)

Hey Oldtimer, yhst's no mullet, it's a pompador! Go Brian!

JohnnyMac: (April 06, 2010 5:24am)

you guys are sounding like Glen Beck...not a bad thing..but how about more industry stuff....

BC: (April 06, 2010 5:08am)

So that means my taxes will be going down now that we are reaping all this profit off of TARP.

Old Timer: (April 06, 2010 4:55am)

I love you guys!!! BUT... Brian are you growing a mullet?