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We knew that January was going to be a big month, but who knew how big? Thanks to a surge in mortgage applications, and a drop in interest rates, it looks as though the housing market may be a step closer to stabilizing.
Let's keep the heat on and try to make January a record month.
To help you do this, and give you greater autonomy with  , DoublePositive has embarked on an initiative to create a variety of web-based tools. First among them is online training for our clients. We've recently released a demo of our Hot Transfers client site to teach clients how to access consumer information, run reports, manage their accounts and place reorders. In addition to viewing the demo after first signing up with us, clients will have access to it within the Hot Transfers client site for refreshers on certain functions as needed. Check out the demo!
Have a great day
P.S. Starting this weekend our hours are changing. Beginning this Saturday January 20 you can receive transfers from 11:00AM-4:00PM EST. Also, Friday hours will now end at 7:00PM EST as of Friday January 19.
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| THIS WEEK'S HEADLINES |
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- Keep the mortgage or pay off the house?
- Buy home now or save for later?
- Deducting mortgage loan points
- Massive Fraud Bust Nets 61 Defendants
- Demand soars in first week of new year
- Mortgage rates stay flat
- FHA Maximum Mortgage Limits Announced
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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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| What Your Customers Are Reading About |
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| Bankrate |
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| Mortgage burnings used to be a ritual that families hoped to be lucky enough to perform. But times have changed. Now growing older and retiring doesn't necessarily mean you don't continue to pay the mortgage every month.
Full Story
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| Bankrate |
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| My husband and I are planning to save a down payment of $50,000 for a house in five to seven years. We're starting from scratch here. Should we put the money into a money market account or invest the money in mutual funds?
Full Story
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| Bankrate |
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| But many homeowners overlook another the tax break available for points paid to get a home loan. In some cases, points also could shave tax bills for folks who refinanced or got an equity loan or line of credit.
Full Story
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| Industry News |
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| Originator Times |
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| Last week indictments were handed down against 61 defendants that included mortgage brokers, loan officers, title company officers, 3rd party down payment providers, 45 buyers and sellers, and at least one appraiser. The case involves 38 properties financed by $2.85 million in mortgages.
Full Story
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| Reuters |
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| U.S. mortgage applications skyrocketed during the first week of 2007 as interest rates fell for the first time in five weeks, lending support to the view that the housing market is stabilizing, an industry trade group said on Wednesday.
Full Story
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| Bankrate |
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| Even a stronger-than-expected employment report couldn't lift long-term mortgage rates this week.
Full Story
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| Originator Times |
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| A recent mortgagee notice sent by HUD outlined the mortgage limits for FHA insured loans effective January 1, 2007. An excerpt is printed below.
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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888-376-7484
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