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If you're investigated for complaints about perfectly legitimate calls, do you have the records to defend yourself? According to Ken Sponsler of DNCSolution.com, many federal and state enforcement actions can be traced back to insufficient compliance recordkeeping. Keep reading below to find out what you need to do to protect yourself.
And in case you missed it, our market-driven pricing model has gone public! Try it and let us know what you think! Name-Your-Price for Hot Transfers
Have a great day!
P.S. Check out the Demo, and make sure you check out the new design and new features at the client Extranet.
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| DoublePositive |
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| Do you have live call transfers of double-verified and interested borrowers in your leads mix? You should, and we can help. You can call me at [~repphone~], Click to Chat or just Get Started! |
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| Regulatory Updates |
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| DNC Solutions |
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| I often comment about the critical importance of compliance-related recordkeeping. Many federal and state enforcement actions can be traced back to insufficient compliance recordkeeping. A fairly significant number of consumer complaints are about perfectly legitimate telemarketing calls. But if you are investigated for complaints about perfectly legitimate calls, do you have the records to defend yourself? Too often, we have seen that companies do not and they may not realize it until it’s too late.
Full Story
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| What Your Customers Are Reading About |
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| Bankrate |
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| I have heard so many debates on paying off the mortgage versus not paying off the mortgage, but to me it's a no-brainer. I want to pay off my mortgage! Here's my plan: I have $40,900 as a principal balance and about 20 years left on my mortgage. The total principal and interest each month is $323.38.
Full Story
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| MarketWatch |
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| Question: Interesting article. I never knew what trigger lists were before today. What steps can we advise our customers to take to "opt out" of trigger lists? Dave Means, Superior Value Mortgage, Nashua, N.H.
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| Industry News |
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| Originator Times |
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| The National Association of Realtors told a Senate panel that NAR supports stronger anti-predatory lending legislation and more consumer education on nontraditional mortgage products.
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| Reuters |
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| U.S. stocks fell on Friday after Countrywide Financial Corp. became the latest mortgage lender to warn of rising defaults, while chip maker Micron Technology Inc.'s poor forecasts shook the tech sector.
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| CNNMoney |
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| Tapping into your home's value isn't easy - especially if you want to keep living there.
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| Originator Times |
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| Doug Duncan, Chief Economist and Senior Vice President of Research and Business Development for the Mortgage Bankers Association, testified before a hearing of the Senate Committee on Banking, Housing and Urban Affairs. Duncan addressed predatory lending, home foreclosures and federal efforts to protect consumers.
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| Reuters |
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| Housing activity has slowed from recent years but the dragdown should not lead to a recession, mortgage finance company Freddie Mac (NYSE:FRE - News) said on Thursday in its monthly economic outlook.
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| Reuters |
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| U.S. stocks fell on Thursday as warnings of losses stemming from bad home loans by two of the top three U.S. subprime mortgage lenders hurt shares of home loan companies and banks like Citigroup Inc.
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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!
On-line Account Features
- New site design
- 6 Hour Window a requirement
- View/Edit Users – Password entries are now validated to be at least 5 alphanumeric characters
- 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 - Online reordering is as easy as ever; it now stores the previous credit card you used from the last order.
- 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.
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| Post your classified ad below, there's no charge! |
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Our newsletter reaches over 14,000 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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 GoToMyPC is the fast, easy and secure way to access your PC from any Web browser or wireless device in real time. Access Your PC from Anywhere
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 The Internet is the new yellow pages. More and more, consumers turn to the web first to research and find nearby retailers and local service providers—at the rate of 213 million searches every single day. Simply put, if you’re not online, those people can’t find your store or purchase from you. And LeadConnect™ is the simple, affordable, and effective solution that targets and showcases your business to local shoppers on the web, driving more buyers directly to you. Help your customers find you!
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 What is RingCentral? Hailed by Inc. Magazine as "Best for...Toll-Free Numbers", RingCentral enables mobile professionals and small businesses to effectively manage communications, project a professional image, and win customers. RingCentral combines a toll-free or local number with a Virtual PBX, Auto-Attendant, Voicemail, Internet Fax, Call Forwarding, Click-to-Call, and many other time and money-saving features. Get a unique Toll-Free and/or Local number with voicemail for as low as $9.99 a month!
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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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1030 Hull Street, Suite 300 | Baltimore, MD 21230
888-376-7484
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