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Welcome back, and Happy New Year. As you probably know, the first week of the New Year typically sees more borrowers enquiring about mortgages than any other week of the year. However, this is also the time when most of your colleagues are still recovering from the holidays. So if you're in the office this week, you have a huge advantage on getting your business jumpstarted in 2007. Let us know if we can help, give us a call 888-376-7484.
Have a great week.
P.S. Do you get the Scotsman Guide? There’s a great article written by our VP of Sales on page 149. If you don’t get the Scotsman Guide, you can view the article at doublepositive.com under latest news.
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| THIS WEEK'S HEADLINES |
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- FTC extends date for enforcement of policy
- Existing Home Sales Creep Up - Prices Fall
- Home loan demand plummets as refinancing dives
- 2.2 Million Borrowers Face Foreclosure on Subprime
- New Home Sales Rise 3.4 Percent
- Home Sales, Applications Feel Holiday Lull
- Rate survey and analysis
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LIVE Hot Transfers not in your marketing portfolio?
Get Started Today! Plus, get answers to all of your questions by chatting online with one of our Senior
Account Executives. Click to Chat |
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| REGULATORY UPDATE |
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| The FTC announced on December 18 that it will extend beyond January 2, 2007 its policy of not bringing enforcement actions against sellers and telemarketers delivering pre-recorded messages in accordance with the previously proposed safe harbor until the completion of the prerecorded call amendment proceeding. This means that prerecorded solicitation messages to customers with whom you have a valid established business relationship will be permitted as long as the safe harbor provisions are met.
Provided by DNCSolutions
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| INDUSTRY NEWS |
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| ORIGINATOR TIMES |
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| Existing-home sales continued to recover last month following a rise in October, with the level of sales activity suggesting a turn in the market, according to the National Association of Realtors
Full Story
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| REUTERS |
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| U.S. mortgage applications plummeted last week to the lowest in nearly five months, as home refinancing loan demand plunged amid climbing interest rates, an industry trade group said on Wednesday.
Full Story
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| ORIGINATOR TIMES |
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| A new Center for Responsible Lending (CRL) study reveals that 2.2 million American households will lose their homes and as much as $164 billion due to foreclosures
Full Story
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| ORIGINATOR TIMES |
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| U.S. Commerce Department reported that sales of newly built, single-family homes rose 3.4 percent to a seasonally adjusted annual rate of 1.05 million units in November. Sales also were revised upward for the three previous months.
Full Story
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| BUSINESSWEEK ONLINE |
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| Application activity faltered last week as rates edged up and holiday duties rose to the tops of priority lists.
Full Story
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| BANKRATE |
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| Bankrate's weekly survey of large lenders tells you where mortgage rates are, and our analysis hints at where they're headed.
Full Story
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| YOUR ON-LINE ACCOUNT |
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We're working hard to make our client Extranet at Clients.DoublePositive.com an increasingly useful tool. We'll provide weekly updates on improvements recently released and those coming soon. We want to know what enhancements are most valuable to you! We'll use your feedback to prioritize our development, so please email us now with your suggestions!
Current Features
- Enhanced Analytics - Track Transfers...by loan officer! -- Now for each Transfer you receive...you can track it back to the loan officer in your organization who handled the call.
- Online Ordering and Credit Card Processing
- Streamlined Credit Review -- Submit transfers for credit review and receive responses directly from the Billable Transfers Report page of our extranet.
- Real-time On-Hold Control -- Put your account on hold or make it active instantly whenever you like, just by clicking a link.
Coming Soon:
- Online Invoices and Receipts
- Real-time Transfer Emails -- Know what transfers your loan officers are receiving in real time with emails that include borrower information.
- Web-based Training and Support
- Additional Services for Loan Officers -- Pull credit or order an appraisal online directly from our extranet (small per-request fee applies).
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| Post your classified ad below, there's no charge! |
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Our newsletter reaches over 4,000 mortage companies and professionals each week. Would you like them all to see your classified message for free? Let us know!
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Post Your Classified Advertisement Here! >>
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LendingSuccess. Increase your income and close more with LendingSuccess, Magazine. Email us to request a free online version of the current issue. LendingSuccess.com
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MortgagePro News is offering a complimentary LIFETIME subscription to DoublePositive clients. This e-mail newsletter is sent out two days per week with commentary, industry trends, and tips you'll use over and over. To take advantage of this offer, please contact us. MortgageProNews.com
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Mortgage Originator magazine is offering a complimentary 6-month subscription to DoublePositive clients. To take advantage of this offer, please contact me. (Current subscribers to Mortgage Originator magazine are not eligible for this offer.) MortgageOriginator.com
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DNCSolution is a family of Internet-based products that handle the full range of Do Not Contact (Do Not Call, Do Not Fax, Do Not E-mail, Do Not Mail) compliance. DNCSolution also addresses the privacy directives and opt-in/opt-out preferences of your prospects and customers. DNCSolution.com
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Leads360’s lead tracking software can give you visibility over your sales force and get valuable insight into your contact ratio. Contact Leads360 today and learn how we can help you increase your contact ratio by more than 20% in the first month. Call 1-888-508-4462 or visit Leads360.com
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Clarity Training Group provides professional sales training and consulting services. Today's market is fiercely competitive - Clarity Training Group gives your organization an edge. Clarity offers on-site training, training via teleconference, or through on-line courses. ClarityTrainingGroup.com
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Log In to Your Account | mortgage.doublepositive.com
Copyright 2006 DoublePositive Marketing Group, Inc
1030 Hull Street, Suite 300 | Baltimore, MD 21230
888-376-7484
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