Awesome Freddie Mac Screw Up - 12.15.10 | Real Estate News for Real Estate and Mortgage Professionals

rose7kairos: (December 18, 2010 1:20pm)

My 2011 New Years Resolution is to help people who have/are losing their homes through Default, regain ownership by proving "Title" on their properties against the lenders. Also to build my RE Investing company by Wholesaling Notes and SFR's in San Diego County. Lastly, But Most importantly, have More time with my Spouse, prioritize our health and EASE the burden of supporting our 3 children currently attending College. Continue to Thank God for All our Blessings...in anticipation of the Financial Jugernaut that is going to Hit the US Economy!

jovdeg: (December 16, 2010 5:32pm)

to increase the number of loans to close this year now that I can do it full time. Pls send me the book. thank you.

jovdeg: (December 16, 2010 5:13pm)

I love what you share to us that is in the mortgage business. Please send me that book I would really appreciate it. Thank you.

marcus: (December 16, 2010 9:23am)

my new years rez' is to follow up with my list and suspects more. we wish to sell 50 new homes this year in the fort benning area

GC: (December 16, 2010 8:07am)

Do FL loan PROCESSORS need licenses and testing or do they simply need to REGISTER?

carlosacabezas: (December 16, 2010 7:57am)

love the facts of limited lo in FL - send me a book

carlosacabezas: (December 16, 2010 7:56am)

love the facts of limited lo in FL

manray: (December 15, 2010 4:16pm)

My resolution is to increase my accountability in all areas of my business. 10 areas, 10 new fresh measures that allow my client base to benefit from my experience or more than 22 years. Happy New Year!

jvptoo: (December 15, 2010 3:41pm)

By the way, New Years resolution is to stay in the business.

jvptoo: (December 15, 2010 3:39pm)

Those 10,000 plus NMLS loan originators you mentioned in Florida now include loan processors for mortgage co's and bank personel for the same that now also have to be registered with NMLS

Jepps: (December 15, 2010 2:34pm)

any books left?

JWH: (December 15, 2010 2:18pm)

It's a time to reflect on the changes we want (or need) to make and resolve to follow through on those changes Do not need to quit smoking because I do not smoke. Do not need to quit drinking because I do not have the disposable income to buy the rum my heart desires. Do not need to tame the Bulge because I look like I need to gain weight. 6ft 3in tall and well under my ideal weight. Do not need to Enjoy Life More because I do take every day to the Max of fun living with my family. Do not need to Learn Something New because with all the changes in the Mortgage business I learn plenty. I help others and I am well organized but when it comes to Business well should I throw out a Hope and a prayer? (If Chuck Norris was around me he would take that to) 1.Close 9 loans every month. 2.Be known in the Mortgage community as a Trusted Advisor. 3.Have my Processor and Underwriter pick up the phone when I call. 4.Win my 12yr old son in Call of Duty Black Ops.

joecolorado: (December 15, 2010 1:38pm)

@penelope-Those are not my figures they are the figures stated by the newly appointed Head of The Real Estate Division at DORA, and she expressed a deep concern due to that figure/loss of appraisers ratio.I already am aware of the ramifications of implementing HVCC and amcs and the 47% figure without certainty cannot directly be attributed to those ramifications,but it sure stinks in Denmark.The amcs dont affect me as I dont do work for less than my worth,but there are others out there that are less strong than me in saying NO, but unfortunately in Colorado there will be 47% fewer appraisers in 2011 saying anything....,which also means that there are 47% less users of appraisal software,MLS systems,taxable appraisal income,etc,etc,etc.

So Cal Broker: (December 15, 2010 12:44pm)

Who out there would loose their mind if a lender required a fridge on their deal? I have had two vacant REO properties get conditioned to need a fridge.. want to know which lender to avoid? UWM! Yes...they conditioned for Fridge on a 20% down conventional deal

twesely: (December 15, 2010 12:25pm)

My news resolution: Make my business marketing plan and not to worry about being perfect, but to make sure I work the plan useing the words from one of my heros' to guide me...-- Vince Lombardi -- "We are going to relentlessly chase perfection, knowing full well that we will never catch it, However, in the process we will catch excellence"

geodaun: (December 15, 2010 12:23pm)

My new years resolution is to buy a NET to replace my fishing pole and the best Net I know of is TBWS Video Blogging!

MBAFROG: (December 15, 2010 12:12pm)

My resolution will be to A) expand our marketing efforts beyond our firm's current footprint and let others know of our products and services, specifically the executive jumbo products B) take a hard look at our staff and see who's "All-IN" and who's not C) reinvest in our firm's infrastructure. This includes our 3 yr old website to upgrading our servers.

Evil Genius: (December 15, 2010 11:37am)

Stated will be done to self-employed with minimum 700 credit, liquid assets, CPA affadavits with 2 year business history and 20% equity in property. Common sense! Also, we are looking in to accepting gross income on returns. We take gross now, don't we? I subscribe to the fact that every deal has it's own merit. I will also deliver the lowest prepay risk in the industry to our investors with a couple of stop=gap meausres built in to our note language.

spearson: (December 15, 2010 11:32am)

FREE BOOK!!

UNISON: (December 15, 2010 11:27am)

My resolution is to listen more to my clients and explain in depth the changes and what new things to expect from the loan process to better inform them.

cabralplace: (December 15, 2010 11:21am)

Great input today, always looking for more information to better educate myself as well as my clients. This book sounds like a great addition to this. In this business your right always need the pole in the water to fill that pipeline.

iam 2520: (December 15, 2010 11:21am)

@ GC ... YSP as a factor in the APR ? maybe that is one that I massed ? @Philromanow ... non-performing notes sale ? Are you a scratch and dent buyer ? Have heard they are buying at nickles on the dollar for Short Sale deficencies... you know, from those SS Sellers who thought they were walking away CLEAN...In Washington State the cubicle scum are promising 100% release...(of the deed) but not the note you signed years ago, no that will just hang around for years collecting interest and dust until the owners call to collect. Evil Genius... there is a HUGE market... not sure of the ability to pay requirement, equity is always a bigger stick... best of luck in '11 @ TBWS I have enjoyed your show for almost a year and am disapointed when I click to find that there is no show today...bummer. Maybe you could tape a few "generic" shows to fill in for the jet lag hang over Mondays...or the we'er out of here Fridays.

SV Loan Gal: (December 15, 2010 11:20am)

Free Book, please send me a copy as well! Thank you!

lendershop: (December 15, 2010 11:15am)

my new years resolution will be to wake up earlier in the morning so that then next time there is a top 25, i wont miss it.

pmercier: (December 15, 2010 11:09am)

free book

iam 2520: (December 15, 2010 11:05am)

That is a book I could really use ! I do need to listen to some GOOD advice, and put it into ACTION ! I resolve that it is Time to rally my investor clients that I have had sitting along the sidelines for the past 2 1/2 years. 2011 and shortly into 2012 I believe will be a year of plunder when it come to equity acquistion. Sharpen your swords and your pens ! Will The book come C.O.D. ? P.S. - Breezed the NMLS test on Monday (procrastination is an art) while I did not score a 100%, like my manager did, I did manage to break 90... my question or concern is that I am not told which of the few questions I missed. They broke it down into the 4 catagories and right / wrong for each but I guess I'll never know which ones I thought were RIGHT but are actually wrong... I could be in deep kimchi if I actually practiced some of those. At least tell me what questions I missed, after all making us more compentent was the purpose wasn't it ? Rapidly coming upon my character limitation...TBWS !

Bealeproperties: (December 15, 2010 11:02am)

My new years resolution this year is to create a bullet proof system for daily social media activities a monkey can take over and do.

SV Loan Gal: (December 15, 2010 10:42am)

CA NMLS regulations, What's in store for us? LO's that have not obtained endorsements but will after beginning of year...are there any new changes we need to be aware of???

oregonmtgguy: (December 15, 2010 10:19am)

My New Year's resolution is to export my client database to an external management system and find a new net branch opportunity. The current company, although one of the largest in my area, doesn't have the dedicated infrastructure moving forward to support our volume projections. Have already put out feelers to some of the competitors and have so far garnered an amazing response. It's difficult when you have 2 of the top 10 company producers and the most profitable branch to be treated like a second class citizen. Bring on 2011!!!

alanj: (December 15, 2010 10:16am)

New strategy for the year is to offer a new series of seminars, not on homebuying, but what loan suits your budget, (I think the term is affordability, not just qualification.

jdillingham: (December 15, 2010 10:11am)

Guys, in spite of what you think, if rates stay where they are the number of refi's we will do will be dramatically less next year than this year. Sure the number of LO's that leave will mean more deals for the rest of us. But those that leave are not doing a lot of deals now so their absence, while welcome, will in no way offset the overall reduction in business next year. Again, this is based on current rates, if they go back down to where they were 7 weeks ago you would be right, but I doubt they will. I'm afraid that this silver lining that you are talking about is really a mirage. We need to have significantly fewer players that even you expect for it to make any difference. It will take some real carnage to get to that point.

jschiller: (December 15, 2010 10:00am)

My Resolution is to add to my Revenue Streams. I currently have 3 Pillars (realtor, attorney, Financial Planner, insurance, Home inpsector) and given the market, 3 will not be enough to sustain business volume I desire (I need more fishing poles) I would like to double or triple my revenue streams and I will be using video to help me acheive this goal.

clarkohana: (December 15, 2010 9:58am)

2011 I plan to work several streams of income by building realtor relationships, maintaining constant contact with past clients and seeking new clients through a FSBO program.

galen: (December 15, 2010 9:47am)

blogging with B2B videos, edge for realtors/biz partners w/video greetings and educational videos for leads and new clients: those are my big 3 for 2011, one small bite of the elephant at a time. YOU guys rock!

loppy: (December 15, 2010 9:36am)

An appraiser we can't hire anymore stopped by with a Christmas Gift yesterday. That is so cool, he values the relationship we have had over the years and still reaches out to us. I resolve to emulate his example to extend courtesy to everyone. How can you go wrong.

BigD: (December 15, 2010 9:29am)

My New Years resolution is to implement ONE THING for my marketing to completion before moving to build my next marketing pillar. I am starting with building a free blog site at "realestatemarbles.com" And with the Video marketing tips learned this weekend I feel it is truly going to be a Great New Year.

PAUL WILLINGHAM: (December 15, 2010 8:58am)

I guess us California Originators know by now that CalPERS pulled the plug on their program yesterday. How do you think that my affect your business. I have already put in place a CalPERS replacement plan. But I'm interested in other views and ideas.

MTGGIRLTX: (December 15, 2010 8:44am)

The resolutions could be many - but after a fantastic weekend in Dallas - The resolution is to make a great B2B program next year and follow my video marketing like an animal!!! Thanks Guys, you have given me a ton of energy!!

scottd916: (December 15, 2010 8:39am)

My new years resolution is to hand write thank you notes more to every client. I tried last year and only got about 30% out.

sharonstevens: (December 15, 2010 8:33am)

My resolution is to create video niches. I will create niche vlogs for different categories. One for foreclosures, one for new construction, one for luxury homes, and several for various areas of town that are popular. I believe that the only way to survive is to become an expert in a niche. Customers don't want generalists...they want specialists!

mortgagemonster: (December 15, 2010 8:25am)

Yo Brian and Frankie! So glad I can now hear the rant in stereo. Yours truly, being the last of the licensed Florida MLO's wishes to remind you that of the 10,308 applicants to FLOFR, half will not pass the test. I took that sucker my score was much lower than I thought. I passed, but Boy O Boy! I'm grinnin' 'coz there might only be 5,000 licensed and legal MLO's down here on The Sandbar. What do you think about the guys who have gone over to banks? I suspect that everyone will have to have their own "Unique MLO #" soon. Share your thoughts....thanks, E

GC: (December 15, 2010 8:19am)

Sounds good Evil Genius...just be careful of certain state laws that say some "proof of income" must be included in loan file. We have that in MD, one of those blue,blue states in the US who once complained that those bad, bad lenders wouldn't lend to everybody with a pulse. Is that hypocrisy?

monalicia: (December 15, 2010 8:06am)

Great video, I would love your book.

Daggone: (December 15, 2010 8:05am)

One of my lenders is rolling out the new comp plan in February. While there are fewer fish in the water and fewer poles and that normally would be good news, the thing is we all will have to work harder next year to make the same income. Sounds a lot like the appraisers, huh. I charge the same rate or better than my local competition. I'm pretty sure I'm earning less than the bank with their SRP. Why is my income a question? My borrowers know what I get paid and how. They don't care. All they care about is that they get competitive rates and costs. If the feds can do this to the appraisal industry and the broker industry, who is next? Realtors? Insurance agents? Car salesmen? Hey, how about the Avon lady or pampered chef sales person? If indeed the new comp plan cuts my income I'm done. I won't work harder for less. Interesting, the money will still be there, the banks will be keeping it; can't give it to a L O, but the CEO can sure take it.

Gniotta: (December 15, 2010 8:00am)

New Years 2011- Incorporate Video Marketing into my business on a consistent basis. Thanks again for the seminar in Dallas.

PenelopeX: (December 15, 2010 7:58am)

My "Happy New Year" resolution will be (and I'm still formulating this) to find ANY LENDER out there across our great nation that hasn't already found an AMC to work with and pitch my new non-profit company ACSC-MC, Inc. to get appraisal work for my "struggling and strangling on AMC-set fees" peers. If any of you L/Os out there are working with an AMC that's still delivering products that are holding up your loans and hittin' your pocketbook too hard in southern CA, let me know. What a great Christmas gift that'd be...new business relationships for the New Year and "feed a humbled appraiser in southern CA." Thanks for your help! ;-)

Evil Genius: (December 15, 2010 7:57am)

This is not hard money. This is the future of Mortgage Lending. No governmental bullshit.

Evil Genius: (December 15, 2010 7:53am)

New Year's resolution: I will launch New Generation Lending with $1Bn at a time in mortgage pools backed by private pension funds. Portfolio style U/W guidelines include: stated self emploted, sub-prime, increased conforming limit, super jumbo, credit score leniency, No HVCC, No bullshit adds, and many broker-friendly characteristics.End of 1st quarter 2011.

carolneu: (December 15, 2010 7:52am)

Business New Year's Resolution: Joined Keller Williams Friday. I'm now building on what I did this year to close 27 transactions to quintuple my net. I made 12x 2009 net. Surrounded by a positive office, a franchise with perfected systems they will share, accountability to my team leader, and a mastermind group of other successful Keller agents I think I'm gonna do it.

pazookie: (December 15, 2010 7:51am)

my new years resolution is to start waking up at est standard time so i can actually have a chance to be one of the 25...

PenelopeX: (December 15, 2010 7:50am)

I've also seen cases where L/Os are now starting to be charged, by their Broker, for the AMC profit portion of the fee. Anybody out there experiencing that? Their logic is that since the L/O is originating this product, the L/O should be responsible for the fee being paid for the LARA review and the "ValueFinder" fee...amazing!

PenelopeX: (December 15, 2010 7:45am)

Hey, "JoeColorado," you're absolutely partly-right ;-) in your statement, "there are 970+/- appraisers in Colorado and of those licenses up for renewal 47% !!!!! have not applied to have their licenses renewed this year......mmmmmm a frightening statistic isnt it?I wonder if HVCC and amc's have anything to do with it?" HVCC created the legitimacy for AMCs to control the "point of sale" of an appraisal and the price the lender will pay (about 33% more than they used to pay for an appraisal) and the price the appraiser will get (about 40% less than they used to get paid), AND have no liability for the product they peddle...SWEEEEEET gig, huh? Most appraisers, especially those who were beaten up by value-pushing L/Os over the past decade or two are finding other work, because now they're just being pressured (by the AMC) to produce their product in an incredibly unreasonable amount of time, that affects quality AND their reputation (and future work) with ALL the liability.

Budharick: (December 15, 2010 7:45am)

My new year resolution is to co-op more with my "go to" lender in our marketing efforts so we can get more lines in the water to improve our transaction numbers in 2011

RosemaryAabre: (December 15, 2010 7:43am)

My 2011 goal: No more skipping around from one idea to another. I promise myself to implement and complete one good plan before moving on to another.

philromanow: (December 15, 2010 7:43am)

My new years resolution is to sell non-performing notes.

PRClement: (December 15, 2010 7:39am)

My news years resolution is to hit the web airways hard with video. All my auto responders I plan to record as video and send out daily video on helpful marketing topics to my Realtor to help them and in turn have them send me business. I will partner with them in sending out video's and making video's of their homes to help them sell. Video is big and will only get bigger. I look forward to getting the book since that is my second resolution to read more much more.

GC: (December 15, 2010 7:38am)

I won't sell water filtration systems,used cars, or office products.A few bad actors and f*ed up pols,like Chris "friend of Angelo" Dodd and slobbering Barney "my boyfriend didn't mean to run that whorehouse in our home" Frank,have wrecked the system.I'm staying as the part-timer I've been for 18yrs,but I live in an area where I and my clients can be and buy in 7 jurisdictions within 2 hrs of my office.I'll be damned if I'm gonna test and line state coffers w/fees multiple times over each yr. Look it. Cut the Pollyanna stuff. Brokers have a big bullseye on their backs and while the bad guys aren't wearing hoods, the hand writing is on the wall.This is separate and unequal all over again. Hell,we have to include YSP as an APR charge!! What is that all about?Come 1/1, I go to the Fed side and stay and pray Prince Harry and Princess Nancy don't regain power and ramrod this BS to those banks as well.

know61: (December 15, 2010 7:35am)

To stay alive in 2011 for they instill in me 2012 is the end. I am a Realtor since 1978 in Iowa NE IOWA John Deere County. Made it past the 80's but have to say to my dismay, made more money on the POOL table than in Real estate. So after your show insted of the fishing pole I found my CUE and dusted it off for the OBMAMA 2011.

gsfatboy: (December 15, 2010 7:35am)

Congratulations to Frank & Bryan on being name to the Inman News Top 100 Most Influential People in the Real Estate Industry.. Way to go boys.

Klein Mary: (December 15, 2010 7:33am)

My resolution for 2011 is to SUCCEED! And not repeat 2010. Thanks TBWS for your daily encouragement & ideas to get me back on track!

T Bone: (December 15, 2010 7:29am)

New Years Resolution! Diversify! I have my own mortgage company, have passed the NMLS Exam and survive all the licensing/insurance stuff and will continue to keep my doors open. I've made 15k this year doing mortgages and 400k trading options. I still enjoy doing mortgages though!

Kschneids: (December 15, 2010 7:25am)

To stay focused on one marketing aspect and work that like a rib all year long! And to do my daily reads and watches of course. Did I win?

VisionMortgage: (December 15, 2010 7:08am)

New Year Resolution: Diversify or die. I been originating loans since 1979 (dinosuar huh-?). I lived through alot financially and all I can say is this is the deepest cut I have ever seen. So I have rounded up all of my skills and have consulted on real estate rehab purchases, reviewed employment and company teaming agreements with a camera surveillance company- even making their presentation in Guatemala City, registered as a "Finder" with the Texas Securities Board so as to participate in the sale of limited partnership opportunities, and have over $21M in commercial transactions on the board for 2011--whew! I have learned that if you stop pedalling the bicyle, it falls over! You guys keep doing what you're doing. I have posted many of your videos on my FACEBOOK page. agb

valeriekeener: (December 15, 2010 7:07am)

In 2011 I'm going to continue to bask in the afterglow of the Video Marketing Roundup in Dallas, having spent the weekend with my heroes Frank, Brian and Carl! I'll be implementing my well-crafted business plan with the Rocky-esque ninja-like actions that could only come from spending time with you guys at the VMR -- the closest I could get to the vulcan mind meld. Heck, I've already done two video interviews and am well on my way to collecting some new B2B relationships. And as always, I'll continue to use correct grammar and spelling in all of my posts because that's just who I am. You guys rock!

GC: (December 15, 2010 7:05am)

St Pauly Girl--I just contacted NMLS and they said that technically, nobody is "registered" yet. As I was previously licensed in MD, I have an NMLS ID. The NMLS people said that LOs with Federal banks can open an account and get an NMLS ID as well, but won't be registered until the system is active after the first of the year.

uhlxxdd: (December 15, 2010 7:01am)

I resolve to seek more knowledge be it in a classroom, online, or simply through listening.

deblakeley: (December 15, 2010 6:57am)

I think a lot of brokers went back to selling water filtration systems and pre-need funeral plans.

deblakeley: (December 15, 2010 6:56am)

I think a lot of brokers went back to selling water filtration systems and pre-need funeral plans.

deblakeley: (December 15, 2010 6:54am)

Think bigger and work smaller! Lose 40-50 more pounds (already lost 102). Keep up the Realtor 30 second handshake presentation, learn more about technology for my out of town Realtors and keep watching TBWS.

St Pauly Girl: (December 15, 2010 6:49am)

Hey Frank & Brian...what's the # of registered MLOs compared to licensed MLOs? Wondering if brokers are maybe still in the biz, but switching teams to go with bank that gives exemption from some of the requirements. Would be interesting to know. Great New Year's resolutions out there!

glfmstr: (December 15, 2010 6:48am)

I WILL TAKE MY BROKERS EXAM AND PASS AND WILL BEGIN VIDEO ADVERTISING. WHEN I WATCH YOU TWO I LEARN EVERY DAY. EACH DAY I WILL WORK ON MY PAST CLIENTS AND I AM ONE OF THE LO WHO'S PASSED.

woodyedwards: (December 15, 2010 6:47am)

I propose to put all the systems I have been "studying" together and get my daily calendar going with times for everything, including 8:30am to watch TBWS to get reved up for the day!

SouthernBell5: (December 15, 2010 6:45am)

Powered by Keurig Coffee pods and a positive attitude I plan on using my blog,and follow my clients to make me the SOURCE of all that is real estate for my SOI!!

mark: (December 15, 2010 6:42am)

NAMB is FINALLY getting into the fight agains the compensation rule going into affect in 2011. They have about 20,000 signatures on the petition and they are asking for a $100 donation from all to do the legal fight. Please support NAMB

Steve D: (December 15, 2010 6:41am)

2011 Business Resolution - read Chip's book

FLMTGGUY: (December 15, 2010 6:38am)

My Resolution: Listen to thinkbigworksmall every business day, and read 15 minutes each business day from a proven sales or motivational book.

T-Bone18: (December 15, 2010 6:37am)

My new years resolution is to develop 10 new reaqltor relationships. I have ran an info sheet off MLS to find the top 25 in the tri-county area and i will start with these realtors. I am developing a booklet that is co-branded with my realtor referral partners that will go to their prospective clients that will help generate more referrals from the realtors. I am also using webinaragogo, credit repair strategies, and facebook marketing to help generate new leads for my realtors. No one will bring more value to their realtors. On a side note-- I really miss the moonshine man. I wish you could get him more involved with your marketing. If not, could I use him?

joecolorado: (December 15, 2010 6:33am)

I went to a Northern Colorado Appraisers meeting on monday evening where the new head of the Real Estate division of Department of Regulatory Agencies(Colorado) gave a presentation and listened gamely to some primo bitchin'both constructive and extremely negative.....god bless her little cotton socks. She related that there are 970+/- appraisers in Colorado and of those licenses up for renewal 47% !!!!! have not applied to have their licenses renewed this year......mmmmmm a frightening statistic isnt it?I wonder if HVCC and amc's have anything to do with it?

Gary Lacey: (December 15, 2010 6:31am)

My New Years Resolution is to advertise Mortgage Brokers Network with TBWSDaily.com

mdaniels756: (December 15, 2010 6:30am)

I am putting together my 2011 Mastery Business Plan and executing it in 2011 and using video is in it. Thank you for all you do! Happy Holidays!!!

pforbes: (December 15, 2010 6:28am)

I will clear all calls that need to be returned before I leave the office (instead of leaving them for the dirve home) and I will send the time in the car on my way home calling 2 realtors per day everyday that I have not heard from recently to encourage them to send me a referral.

Flying Solo In New Mexico: (December 15, 2010 6:25am)

My New Years Resolution is to concentrate on 2 hour increments of selling. Sell every day with 3 increments of 2 hours each. I will be in the 20 precent arena (20% of what we do every day results in 80% of the income we generate.) for 6 hours out of an 8 hour day. The "other stuff" will have to either fit into that 2 hour window, or I will be working late.

CAPITAL: (December 15, 2010 6:23am)

THIS YEAR MY COMPANY WILL SUBMIT A VIDEO TO ARE CUSTOMERS/CONTACTS AT LEAST TWICE A MONTH WE WILL ALSO FOLLOW UP AND DO ON ONE OF TBWS IDEAS WEEKLY.

Ricardio: (December 15, 2010 6:16am)

I am going to become an EXPERT at Webinar - A - Go - Go, and use it to CRANK IT UP in 2010.

jdaine: (December 15, 2010 6:11am)

First, I resolve to sleep in later than all the people below me so that I am well rested to take on the day ahead. Most importantly, I resolve to make 2011 a better year than 2010, as I did make 2010 a better year than 2009. New deals are starting to come in and I intend to close on them and throw more lines out to reel in even more deals. Good luck to everyone for a great 2011 and Happy Holidays.

davidrider: (December 15, 2010 6:11am)

I will have completed a 12 week series of webinars for my agents on social media, gmail etc. But with what I learned this weekend I will have a subset of the same lessons for my B2B clients, branding me as the expert!

mmn: (December 15, 2010 6:10am)

Ny resolution is to try to be more positive as we continue to face all the regulation changes -- especially the one coming up that is attempting to hack away at our compensation.

HowardV: (December 15, 2010 6:08am)

I am in Florida and interviewed 3 processors this week only to find out they do not have current licenses and have not started the process to obtain a license. I couldn't believe they had no idea they needed to be licensed. Obviously they will need to find new careers.

Mountain mortgage girl: (December 15, 2010 5:57am)

Every day I am going to, "do one thing today to build my business." This could include calling a realtor, calling a past client, sending an email to my database to update them on what's going on in mortgages, etc.

cindy333: (December 15, 2010 5:38am)

I resolve to work smarter not harder this next year.

MiamiSalesAndRentals: (December 15, 2010 5:36am)

and that's one of our commitments as well...

MiamiSalesAndRentals: (December 15, 2010 5:34am)

I meant meant bridges that are bot only being built, but are also now in use and are being finished...

jimbob: (December 15, 2010 5:33am)

2011, Putting together the right systems and building my team now to excel in 2011, Comming off my worst year and gonna make it my best year. All things are now falling into place for this to happen..

MiamiSalesAndRentals: (December 15, 2010 5:33am)

Hello and Great Days Ahead! Our Resolution (read commitment) is to fully integrate 2 of the fantastic strategies we covered over the weekend in Dallas. Can you say KEEEELLERR! We have already started and it's going so well that we have already received several new leads! These are bridges that are not being built, but are being finished... Now, send us our book! Thanks for all that you do for us and our industry. Excited in Miami, Best Wishes and Happy Holidays, Howard & Lily

OhioLoanGal: (December 15, 2010 5:30am)

I am going to run over the first bridge (Video Marketing with B2B) and go buy a bunch of fishing poles.

Turkey2010: (December 15, 2010 5:24am)

Hey Guys! My new year resolution is: get my but in gear on doing videos for my rate watch clients and referal partners! I wish I could have attended the conference in Texas!!! Happy New Year!!!

psaromatis: (December 15, 2010 5:19am)

2011 Resolution: complete the "Video Bridge" then move on to the next bridge...and complete that one. And so on...

mortgagesbyken: (December 15, 2010 5:18am)

Master one and only one marketing strategy at a time and take massive action with it!

Morning Espresso: (December 15, 2010 5:02am)

My business plan for 2011 is to get my social networking up and going by linking Twitter, Facebook, Linked in, Outlook and Top Producer to Ping.fm and update 5 times a day. To have all of my listings on YouTube which is the #2 search engine by the end of January. Social media is where it is and where it is going.

Michigan Appraiser Pro: (December 15, 2010 4:59am)

Thank the person that sent me your original video. Also, stop working for AMC's.

gt: (December 15, 2010 4:54am)

I'm going to start each day by kissing my wife before she heads off to work in the morning. That always gets me motivated to go out and "do it better"...so that hopefully she won't have to work so hard! She supports me in the lifestyle to which I am accustomed! :)

dealbuilder: (December 15, 2010 4:51am)

We are going to implement at least four of the ideas learned in Dallas, one at a time. Great job guys!

kathiemcentire: (December 15, 2010 4:49am)

Resolution for 2011 is to work the B2B strategy and do a video each week (Wed. Tip of the Week) and do my video blog (RE Marbles). As those strategies are worked to completion I will add another but only after those are up and running.

tdsteen: (December 15, 2010 4:44am)

My resolution is to continue to watch TBWS videos each morning.

chuck.walden: (December 15, 2010 4:36am)

2011 Resolution - Set a goal each week to visit 5 new realtors. That's over 250 realtors I can see in a year. If only 10% send me business....Look out here I come

GaryTheRealtor: (December 15, 2010 4:29am)

My resolution is to do what most realtors don't and pick up the phone and reconnect with my past clients.

imnosaj: (December 15, 2010 4:24am)

I resolve to being committed to my career as a loan originator and no giving up on what others are calling a dying business.

ahfund: (December 15, 2010 4:14am)

My resolution was to read more - I added that to my phone message and the results have been great. Most everybody says WOW I like your message and I recommend... If I'm one of the 25 then I can start with yours! Thanks, Mark

doak1: (December 15, 2010 4:02am)

2011 Business Resolution: I resolve to identify the top 20% of my list in terms of revenue, pay each of those a personal visit in 2011, and send the rest a video "Tip of the Day" each Monday.

GC: (December 15, 2010 3:57am)

Statistics are a funny thing, as in "Loans per Originator".Many of those "not yet renewed" FL originators have already left the business, many have gone the Federale route, and many are probably hooked up with licensed shills to do loans on the "down low". In addition, that numerator called "Loans per" just got hammered the past several weeks as the half-century record of low rates have come and gone (see Bill Gross, PIMCO). Lastly, FL is the worst state to use as an example of "new clients" for remaining originators. There's more horses needing a 19th Century blacksmith at the Hialeah, Hollywood and other FL racetracks than buyers needing a 21st Century NMLS (ooh!!) certified loan originator. Remember, most buyers have already been steered to the realtor's in-house lender.

Venture: (December 15, 2010 3:39am)

2011 Business Resolution - Complete one thing at a time and move on to the next item. By the end of the year, I will have accomplished 10x more than this year

Loan Producer: (December 15, 2010 3:29am)

2011 New Years Resolution keep Pushing Forward never looking back

JohneePA: (December 15, 2010 3:09am)

2011 New Year's Resolution . . . Do NOT repeat 2010!!!

sarah44: (December 15, 2010 3:05am)

To stay up to date with TBWS. Update my client list, and personally visit Realtors and potential clients in out lying areas that people do not go to.

jplapf: (December 15, 2010 3:04am)

Since over half the originators will be leaving the market, marketing to these wonderful people for their data bases will be in order for the new year. Of course if I were a proactive manager, I would have already distributed this information to the chosen few who are still "putting their poles in the water" and provide them with additional "bait" for their pole.

DallasBill: (December 15, 2010 2:51am)