Saturday, December 5, 2009

Ken Cook: Hall of Fame, Booster | Real Estate Technology Conference | REtechSouth

RETSO welcomes you to Ken Cook’s Share the Love PageKenCook
Ken loves you and RETSO loves you both right back!

All of us at REtechSouth believe that ‘together we’re better’ and that’s why we work closely with people like Ken – and now you! Relationships are what make our industry succeed, and we are happy to share the love and help facilitate opportunities to connect people. Making technology more human is a big part of what REtechSouth hopes to accomplish every day.

Ken is supporting RETSO 2010 and this page allows us to pass along exclusive savings to you. Purchase your tickets through the links below and enjoy 10% savings on all ticket types, courtesy of your friend Ken!

http://www.retechsouth.com/kencook/ - we are expecting 750 plus this year for the 2 day event in Gwinnett Georgia. Join me on Thursdays at noon for RETech Radio at http://blogtalkradio.com/jckc (30 minute show)

Posted via web from Georgia FHA

Agents respond to sweeping FHA changes on the horizon

Fed Chair Ben Bernanke recognizes the importance of keeping interest rates low at this crucial time.
Fed Chair Ben Bernanke recognizes the importance of keeping interest rates low at this crucial time.
AP Photo/Mark Lennihan

Reaction is wide ranging on the heels of the announcement by Secretary of Housing and Urban Development Secretary (HUD) Shaun Donovan's announcement that sweeping changes are coming for guidelines for loans insured by the Federal Housing Administration (FHA). Earlier this week Donovan announced to Congress the levels of reserves for FHA are nearly 1.5% lower than mandated by law. In an effort to recover the reserves the department expects to announce several changes in early 2010. Changes may come as early as the first week of January.

Skin in the game is the phrase of the day

""Certainly credit score isn't a guarantee that people will stay in their homes, but the more 'skin in the game' a person has the less likely they are to walk away without fighting for it." Says Jessica Horton of Jessica Horton and Associates in Hampton, Georgia.

It's a touchy subject and I invite your comments on Examiner.com

http://www.examiner.com/examiner/x-30970-Atlanta-Mortgage-Industry-Examiner~y2009m12d5-Agents-respond-to-sweeping-FHA-changes-on-the-horizon

Posted via web from Georgia FHA

Tuesday, December 1, 2009

Massive and sweeping changes to lending

Just when you thought the changes were slowing here come some of the most sweeping changes in the mortgage industry in decades. Brokers are all but gone - down to numbers less than 20% of less than two years ago. In Georgia alone the number of licensed mortgage brokers has dropped from 8700 to only 1800 in less than 24 months. Brokers may very well soon be all but dinosaurs.

Get ready for the opportunity to participate, and present, to hundreds of real estate and mortgage people across the nation about how to beat the changes and still provide services for your clients. Bankers, lenders, real estate agents, appraisers, and others will be invited to join.

Stay tuned! (Ken Cook 678-439-8683 or reibroker@gmail.com)

Posted via web from Georgia FHA