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

DanaW: (April 14, 2010 12:04pm)

Light: We do FHA Refi Loans Nationwide...call me at 925-212-5921. Thanks

ElaineB: (April 13, 2010 11:06pm)

If you want a mind boggling video, watch this. Bill Moyers interviews William Black, former senior regulator http://www.pbs.org/moyers/journal/04032009/watch.html He says IndyMac Bank, lost more money than the entire Savings and Loan Crisis. Funny how this doesn't get on the news.

Light: (April 13, 2010 8:31pm)

I would like get FHA loan officer referral. We have few HO who are looking to get REFI done. Post your email, phone other contact info. Thanks

5pence: (April 13, 2010 2:06pm)

BTW, for those of you that don't believe the HVCC is illegal, then why would they be sunsetting it and putting it through due process of law to make sure it doesn't hurt the consumer and small business. That is what the sunsetting is about. "Although the HVCC was issued in part by an administrative agency of the federal government, it did not go through the Administrative Procedures Act (APA) or the Regulatory Flexibility Act (RFA) as required of rules issued by administrative agencies of the federal government. Reps. Childers (D-MS), Manzullo (R-IL), and Bachmann (R-MN) joined Congressman Gary Miller in offering the amendment to sunset the HVCC." It hurts the consumer, small business and everyone that it touches, everyone but the banksters.

5pence: (April 13, 2010 1:57pm)

Not to detract from clulesdad's communications from Rep Miller, but to add to it. Not sure if I posted this response from about a month ago from Sen Kanjorski's aides: "Many thanks for your thoughtful comments. We will definitely keep them in mind as appraisal reform moves forward. There is a definite need to fix appraiser compensation." I'd say good things are in the works - the bad news for appraisers is nearly everybodies already re-financed, lol. Amazing timing ehhh? Give us out careers back after the big banks have drained all they can out it. Oh well, I'd just be happy to have my career back and have brokers able to do business with me again. When times were slow, brokers kept me busy.

5pence: (April 13, 2010 1:43pm)

Beautifulm clulessdad. Sounds like you made the most of your few minutes. It is suprising about Ben. Totally. So they're sending you the Senate version of the bill? I hope not by snail mail lol. It's great to know that others, besides appraisers (that are too ignorant to know what's best for them ie... joining together), are on our collective sides as this HVCC has the potential to wreak much more havoc in the real estate market FOR ALL players if left to stand without due process. If allowed to stand it's a dangerous precedent for America. I'm glad Frank and Bernanke are admitting this fkn thing is illegal and will be sending it through due process.

Fritz Boy: (April 13, 2010 1:33pm)

Sounds like NAMB is getting into the AMC business. For-profit venture? Who are they going to charge and how much? We hope this template for appraisal ordering takes root and is adopted by other parties. Additionally, the net profits from this venture will go toward funding NAMB’s legislative efforts in Washington, D.C., another portion will go towards building a better communication system with our membership and non-members, and the remaining portion will go toward reducing the amount of dues that members pay to NAMB. Many trade associations have for-profit ventures, and NAMB is on its way to creating its own. Again, NAMB has not abandoned its original position regarding the HVCC. We are committed to having it overturned and completely removed from the appraisal ordering system. That will take time and the random appraisal ordering system is a stopgap until that happens. NAMB is creating a “mortgage broker-centric” appraisal ordering system that saves consumers time and money.

Fritz Boy: (April 13, 2010 1:25pm)

Any one heard of this Random Appraisal System? Just found this on the web. NAMB believes the random appraisal system will ensure the following: The consumer is not charged additional fees since the appraisal is portable. Appraisers are paid a fair value for their professional services.Investors in mortgage broker-originated products have confidence that there was pressure applied to reach a certain valuation.The mortgage broker will be allowed to order the appraisal in their name.NAMB is working with Olde City Lending Solutions to have the(GSEs) and (FHA) approve the random appraisal system.

JohnLoanGuy: (April 13, 2010 1:24pm)

Jack is a quack. I think you two are unique and entertaining. The videos are short and to the point, then you direct us to the websites for further details. Works for me.

CA Tax credit help: (April 13, 2010 12:24pm)

Anyone have any news on the CA tax credit? Found some info but nobody seems to be talking about it...what am I missing?

cgappraisals: (April 13, 2010 12:12pm)

Forgot to mention, the property is in downtown Los Angeles. Used to have an idle repair shop back in 1983, and now is a mini mall type of property.

cgappraisals: (April 13, 2010 12:09pm)

One of my lost clients due to HVCC called last night and needs a Historical Commercial appraisal dating back to 1983 and one for present value. Does anyone know an AG that can do this. Its for her 7 yr long divorce from her husband. I did all the sfr's but can't do commercial. If so please email me at [email protected] and I will forward her the referral.

Naaaaate: (April 13, 2010 12:03pm)

What a DIXSON!!

Fritz Boy: (April 13, 2010 12:01pm)

Thanks Clulessdad for some good news and getting Miller to call. I know you've been on it for a long time.

clulessdad: (April 13, 2010 11:54am)

BTW-if and when I get the documents, I will forward them to TBWS and they can publish them for everyone to see.

clulessdad: (April 13, 2010 11:49am)

5pence-That is pretty much all we discussed. As you can imagine, he kind of surprised me with his call. Actually, I thought he was a loan prospect until he got into the nitty gritty of HVCC. LOL He said the House approved the sunset and it is in the Senate version. (His staffers would be sending me the documents.) He said that Frank wanted him to draft the section and he did. I told him that I thought Bernanke was a proponent of HVCC and he said no, that he is opposed to it as well. He said that he (Miller) is a champion of the mortgage broker and appraiser. I told him that many of the bad players were already out of the business and that the SAFE Act was a good thing. He also hoped that the bad players were out and told me to "hang in there. The market needs brokers and appraisers." That was the extent of the call.

aZlender: (April 13, 2010 11:04am)

Hey Frank...I sold that sombrereo at a garage sale near your house

matthiasallred: (April 13, 2010 10:42am)

You guys ROCK!!! Loved the intro, Keep it up!

SouthlandAppraisersUnion.com: (April 13, 2010 10:22am)

While I feel relatively sure, you do not give a rats rump what people think of you. More power to you. But, isn't it amazing what sheep we have become. the world is going to hell in a hand basket, an honest politician is a rumor, Dignity is a word most would have a hard time giving an explanation for, But by God pretty matters most of all. How many of you believe. FDR, TEDDY ROOSEVELT, TAFT, 300 lbs plus WASHINGTON(MADE 1100 GALLONS OF MOONSHINE A YEAR) or ABE LINCOLN, WHO WAS EVEN UGLY TO HIS WIFE. We have evolved to the point, that McDonalds is good for the kids, Barney and Big Bird are qualified to raise our kids, so we will not have to spend time with them. Parents are happier when a new game comes out, so they can occupy their children and keep them out of their hair. We are in such trouble. But to get out of it, we have to get the basics right. http://www.funrunnerstravel.com/My_Thoughts.html

5pence: (April 13, 2010 10:10am)

Again, great job clulessdad. Do keep us updated. Did Rep Miller say anything else?

5pence: (April 13, 2010 10:09am)

You guys really need to dress it down more. And try to gain some weight and drink more. Pompadours look good too. Great job but you need to appeal more to the unwashed and unshaven masses, you know, survivor style. (j/k)

SouthlandAppraisersUnion.com: (April 13, 2010 9:39am)

This is my stand. And of the 50,000 appraisers that have been rape because of a few. We all have 10 centers of influence, and those 10 have 10 , so then the sting begins to weaken, say 5 , then 3 , SO, 50,000 x 10 =500,000 x 10 = 5,000,000 x 5 = 25,000,000 x 3 - 75,000,000. SO far that is 75 million votes you will NOT GET , EXCEPT OF COURSE for that one guy that thinks Jeff Session is doing his job,. I wrote Mr Sessions he replied that most of the problems where BINGO BOB RILEY'S FAULT. So I wrote Bingo Bob and told him about the problems with the secretary that he appointed to be the director of the Alabama appraisal board. HE Promptly replied to me . I will make sure this is investigated ,I will send it straight to the director of the appraisal board. lol The mouse has a problem, let the cat handle it.

schavez: (April 13, 2010 9:38am)

Does anyone know of any lenders doing non-warrantable condos?

terri: (April 13, 2010 9:37am)

That scam with the houses for rent has been going for a couple of years. It's nothing like new.

Frank Garay: (April 13, 2010 9:35am)

Again guys.. we thought Jack's comment to us was awesome. He's being a great sport about it. We were just having some fun. I bet Jack kicks ass out there, clean shirt and all.

In Colorado: (April 13, 2010 9:29am)

Jack obviously was having a bad day. We all have them, but Frank and Brian are good guys and bring us alot of good information. I am in Colorado to and jebelst should realize that not every broker is liked by everyone. I think Jack has been in business for about 15 years, so the ones not happy with him probably hasn't hurt his business. I checked the bbb and his company has a good rating so go figure. I was a wholesale rep and his loans were always good loans. What company are you with jebelst and how is your rating?

Fed Up LO: (April 13, 2010 9:25am)

You have great content. but some times the context is to far over the top. Way to risky for me to forward yout daily to my agents/builders. But hey it works for you guys keep doing what your doing. I watch most every day

SouthlandAppraisersUnion.com: (April 13, 2010 9:21am)

Lets hear it for sus socal appraiser:. We have to stand or fall...........joshua

JeffParoFan: (April 13, 2010 9:20am)

I agree. Let's find out more about that Jeff Paro Guy. I think he may know a few things worth learning!

BobbyC: (April 13, 2010 9:19am)

You guys are epic! I love your ability to make fun of those that take life too seriously. It is a pleasure watching your show everyday and I don't care if you are less than perfect, because I am less than perfect.

frankgaray: (April 13, 2010 9:11am)

Hey Cluelessdad. Give me a call if you can. 707-330-1272. Brian Tbws

frankgaray: (April 13, 2010 9:09am)

Hey Guys Jack's being a good sport about this thing... and lets face it he had some points. Its all good fun & we can take it.

Filthy Appraiser: (April 13, 2010 9:05am)

You guys don't need to do a damn thing. You may be Village Idiots. But your our Village Idiots! And you bring some damn fine news and are a highlight of my morning everyday. Do what you do because you do it well!

Fonseca14: (April 13, 2010 9:04am)

I would like to find out more on the kickbacks from the builders too. I lost a loan that is still in progress due to the builder giving them $10,000 for using their lender. Im in CA if that makes a difference too.

GODLIKE: (April 13, 2010 8:47am)

On the subject of kickbacks, or at least shady dealings, what is the latest status on the laws/regs that prohibited Builders from offering better kickbacks for using their lender vs. the buyer's lender? I had heard that was supposed to have been declared illegal over a year ago, but the builders in my area are still doing it.

Crosstown: (April 13, 2010 8:44am)

Let's see that Jeff Paro pic again?

David: (April 13, 2010 8:36am)

I have received these bogus rental deposits after advertising on Craigslist. They want to send the overfunded deposit and have you pay the mover with the proceeds. Fake cashiers checks and other methods get you suckered in with a vacant unit. Wise up and confirm funds if its outside the norm.

Mtgproagainstkickbacks: (April 13, 2010 8:30am)

I have enjoyed your site for many months - please know that we appreciate everything you do for our industry. Keep up the good work.

Mtgproagainstkickbacks: (April 13, 2010 8:26am)

Now that you bring up the topic of kicks backs and Respa violations...do you have any stories to share with your listeners? This continues to be a very serious issue in our industry, including the REO market.

sus socal appraiser: (April 13, 2010 8:22am)

Clulessdad - please share when you get this. I just faxed a letter to all our CA Rep's in DC asking for support (again) (ANTI-HVCC Rally 4/4/10 in DC) & I sent out similar e/mail/faxes to our CA rep's in Sacramento (SB237). We need to get our voices heard - & since Rallies are not something Appraiser want to take the time to do...faxes etc are all we can do as a United Group. Anonymous - what have you done to help remove HVCC???? We need "Lobbyist" to get our message out (we can't relay on the AI - they are not always on the side of us "Individual Independent Appraisers"). AI did write a good letter to Shaun Donovan @ HUD on 4/8/10 - RESPA - recording actual appraisal fee & AMC's fee's..... Have you joined any of these Coalitions - they are our only Hope for some "Lobbyist"...as F&B noted after their trip to DC several months ago...no lobbyist....no voice in DC or state capitals.....we are a "lobbyist" run government.

Life of Riley: (April 13, 2010 8:17am)

I’m from Denver too. Not everybody here is a stick in the mud! (Like Jack) I think if your not having fun in real estate, you don’t know what you are doing or aren’t any good at it. Your videos are informative and entertaining. I look forward to them daily. Don’t change a thing! You’re doing a great job!

Pipette: (April 13, 2010 8:17am)

Brian, you pass NMLS? Consumer site sez you are a ghost?

Just having fun with Frank & Brian: (April 13, 2010 8:15am)

OK guys I hate to break it to you but you are fat and you voted for Obama. Yes Frank and Brian you are fat liberals.

appraiserx: (April 13, 2010 8:13am)

Oh that was awesome "My zestimate says my home is worth $500k!".

HVCC sux: (April 13, 2010 8:08am)

Anon & Jack are part of the problem. Let's see Jacks video and Anon's app.

Brevik: (April 13, 2010 8:06am)

http://www.housingwire.com/2010/04/09/peak-house-prices-will-return-to-sand-states-after-2025-fiserv/ Here is an interesting article about when home prices will recover. I believe this to be the case for Single Family homes however I believe that condos are still in trouble and will take much longer.

BillSmith: (April 13, 2010 8:01am)

"Anonymous" needs to "get a life." I've seen his or her comments, quotes and slanders around for years and they're not very well thought ...or articulated for that matter! I wish "Anonymous" would just leave us all alone.....geesh! And as for Jack....yeah....get a life Jack!

TheFyouSay: (April 13, 2010 7:55am)

@Markus Frank and Brian have the most sucessful mortgage vids in the history of the planet!! They are being watched by over 50,000 people a day. Over a few million views a month and people keep coming back. How is that the wrong way? Do your vids have a suit and tie on a hanger with James Earl Jones reading news items into a mic off screen? Do you use Peter Jennings body hooked up to animatronics? Maybe you pay Oprah to do them , hell everyone trusts Oprah.

jebelst: (April 13, 2010 7:50am)

Don't take Jack to seriously; I have heard of several people not happy with him in the Parker / Elizabeth area. Do you think his website looks professional? http://www.elitemortgageco.com/index.html

Markus: (April 13, 2010 7:48am)

For anyone in doubt about the MMA Webinar...I saw the one last week. Now, can't wait for some more meat this week. Vid isn't rocket science, but takes some decent planning and specific steps to be effective. My suggestion is to "hit the link!" Nope, not scared of competetion...more afraid of incompetence in the marketplace, and more regulation by Uncle who doesn't think this industry is professional enough. (Barney or Frank should view themselves sometime if they want to see what NOT to do on vid)

TheFyouSay: (April 13, 2010 7:43am)

Jack Dixon can go f himself. If he wants bland, dry news he can cruse blogs and real estate sites all day to get it!

frankgaray: (April 13, 2010 7:26am)

TP - www.indymacvideo.com

TP: (April 13, 2010 7:20am)

Hey guys, the Sun Trust Video you did was great but I am unable to forward to a Realtor friend of mine. since it is an old video. how can I get a copy of that video please. I did see it on Facebook , but now I am unable to located it Thanks guys for all you reffots doing the TBWS daily.

frankgaray: (April 13, 2010 7:16am)

That's good news Clueless.

clulessdad: (April 13, 2010 7:12am)

I posted this last night but it was pretty late-I wanted to post it again this am. After 2 months of trying to get a meeting with Rep Miller, he just stunned me with a personal phone call. He told me that the HVCC sunset IS in the Senate's bill and that he was going to get one of his staffers to send me the versions that show that to be true. He even said Frank and Bernanke were supportive of the sunset. He is very supportive of the appraiser and broker industries and is trying to help us all. Not a long conversation, but he did call.

Frank Garay: (April 13, 2010 7:06am)

Be cool Annon.

Jersey Girl: (April 13, 2010 7:03am)

Frank & Brian: Not that you would...but if you even listened to Jack I doubt I would watch your show anymore. I like when you present yourself like village idiots. :)

frankgaray: (April 13, 2010 6:57am)

GWS, thanks, I'll check on it.

frankgaray: (April 13, 2010 6:57am)

Anonymous - the subject line says it's sure to inflict pain on real estate pros. Unless you think pain is a great thing, I'm not sure how you could have misinterpreted it.

Lisa S: (April 13, 2010 6:55am)

Nay truth to requiring a "license" to sell your home. Suppossively your home must have an energy efficient "label" to sell? http://www.nachi.org/forum/f14/cap-and-trade-license-required-your-home-44750/

Anonymous: (April 13, 2010 6:52am)

I feel a bit deceived, I came to watch this video to find out about this great new iphone app and found out nothing but its a crappy app. Very misleading title. I'll be sure to never watch your videos again.

GWS: (April 13, 2010 6:45am)

The link for Mortgage Marketing Animals is registration for todays seminar. When will the link go up for the follow up seminar on Wednesday?

GODLIKE: (April 13, 2010 6:45am)

Frank & Brian you guys are fat! Now the elephant in the room has been addressed. But seriously, while I do agree with Jack about there is a limit to dress, you guys haven't reached it yet. That is unless you count the intro to today's program. Some people, fortunately very few people, still think a suit's the only way to go. I don't think you'd be as effective if you got all prettied up.

GODLIKE: (April 13, 2010 6:41am)

Anyone who has taken their NMLS courses would have know the answer to your question without you having to tell them. I'm so disappointed in those of you who missed it or had to wait to hear the answer.

Shanna: (April 13, 2010 6:39am)

Guys... when is the new Indymac video coming out??? I can't wait!

Dweebster: (April 13, 2010 6:35am)

Jack Dixon is nuts! Never change . . . your clothes

Who Cares?: (April 13, 2010 6:30am)

HERE WE GO AGAIN! The NAACP is the special interest group that started the mess in 1999.

Anonymous: (April 13, 2010 6:09am)

The most recent “come join” for Appraisers has been interests such as the California Coalition of Real Estate Appraisers or the Ohio Coalition of Real Estate Appraisers to whom may have initiated the idea. There is but one question, “what is the possibility the HVCC ruling will be over turned allowing an Independent Appraiser to work directly with the lenders of their choice and rid themselves of the corrupt appraisal management companies sucking the life out of the Appraiser?” It would be beneficial if there was a slight hint of light at the end of the tunnel rather than thinking this is just another way to bleed the Appraisal profession dry.

RDH: (April 13, 2010 5:44am)

just good old workin' stiffs like most of us...

frankgaray: (April 13, 2010 5:44am)

Neil.. you understand it the same way we do.

SP: (April 13, 2010 5:43am)

My interpretation is the audit is needed. You can't be considered "approved" in 2010 is you haven't completed the entire process. Could be wrong but they aren't being obvious about the answer and maybe being vague on purpose is their plan...also why would they have given the 30 days extension.

RelyOnRick: (April 13, 2010 5:43am)

I personally get tired of seeing the suits present issues with no regard to the real people. I think you both do an awesome job. You present yourselves as ordinary working people! If you take a shower, I will be forced to shower before watching. Keep it real like you have been. Again, Great Job

mainstream: (April 13, 2010 5:37am)

Can't please everyone! Love you guys!

BC: (April 13, 2010 5:33am)

Heck, I like Brian and Frank just the way they are. They remind me of slobs like me.

Linkcon: (April 13, 2010 5:31am)

Another lawsuit? When will we learn that the lawyers are bankrupting this country? Easy fix. Cap their fees. Like Medicare for the people.

tmfgrp: (April 13, 2010 5:04am)

your interpetation is the same as mine, my accountant, my atty and hud. Maybe your accountant needs milk for the baby. No audit, no income!!!!!!

Neil: (April 13, 2010 4:52am)

Guys, my take on the new FHA rules is that if we are an already approved FHA broker (our fiscal YE was 12/31/2009) then we do not need to have an audit done and turned in by 04/30/2010. All we need to do is recert and pay the recert fee and we are approved thru YE 2010. My acc't swears we still need to have an audit done. What is your interpretation? Thanks...btw, take a bath, huh?

Damion: (April 13, 2010 4:43am)

Jack you're a hater. What meaningful contributions are you providing industry professional outside of the useless garbage and opinions flowing out of your pickle hole? You frickin' hater!

Anonymous: (April 13, 2010 4:39am)

Jack you're a hater. What meaningful contributions are you providing industry professional outside of the garbage and opinions spitting out of y

Rdpitz: (April 13, 2010 4:22am)

Grow up Jack or don't listen

TRSRealty: (April 13, 2010 4:03am)

Everyone's a critic. I mean, where would this country be if we didn't have the controversy? Can you imagine if we all thought the same way? Hmmm, the democrats would embrace it, especially with socialized health care.

lisahinson: (April 13, 2010 3:57am)

Yeah, let's just all get along! Just because you have on a fancy smancy outfit or some GQ look, doesn't mean you know more than these guys or the imformation they are giving.I have seen some real idiots in the market that dress to the nines... I think you guys are awesome...don't listen to that crap.....

Mike: (April 13, 2010 3:24am)

Now, let's go easy on Jack. How does he know they need a bath? He must be their cameraman. What a great marketing idea! Some things never change, like "kill the messenger". Can't we all just get along?

glenn: (April 13, 2010 3:04am)

Get a life Jack - go watch CSPAN

Sergei Sanchez: (April 13, 2010 2:50am)

Get yet another life Jack

Pipette: (April 13, 2010 1:15am)

Get a life, Jack

Pipette: (April 13, 2010 1:15am)

Get a life, Jack