With the warm weather comes the unavoidable "I wish I was anywhere but at work" syndrome. I know I'd rather be out playing golf, cruising on the harbor or just sitting on the back porch watching the clouds drift by. Fortunately for you, many of your colleagues are thinking this very same thing - and some are actually doing it! So it's a great time to ramp up what you're doing and finish April strong. Make sure you check out this week's deals on Hot Transfers, then give me a call!
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| Featured Articles from DoublePositive |
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As a follow up to the post from last week on transparency of information, this post about Arizona issuing a cease & desist order against Zillow showed up on Techdirt earlier this week.
Full Story
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| Tips of the Trade |
SearchWarp |
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Well here they are... 10 LO training tips to improve efficiency and increase revenue. These tips have made me hundreds of thousands of dollars over the years and I’m confident they will do the same for you:
Full Story
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BillSparkmanTheCoach |
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The business is going through changes again. It seems like all that is for sure is change, how you are responding may be the key to your future success. It may be time to re-invent yourself, and your strategies. Last years plan is not going to be sufficient enough to get you to new levels of success. Too many loan officers today are "Playing Not To Lose", they are very tentative in their approach, not taking risks, and, expecting new results, that’s insane. You cannot get any higher using strategies that got you where you are today – So it's time to win!
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LoanOfficerSuccess |
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I am interested in developing relationships with realtors. At the moment I have not one agent I am working with. I have found that a lot of agents aren't very interested in doing business with me, due to the other number of lenders and brokers they are comfortable with. How can I work my way into getting referrals from these real estate agents and get a chunk of this purchase money?
Full Story
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| Referral Program |
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Make sure you take advantage of our referral program. For every new client you refer who orders 50 transfers, you'll get 5 free transfers — a value of up to $500! So give me a call at [~repphone~].
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| Industry Fraud |
LawFuel |
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U.S. Department of State, Diplomatic Security Service, announced that late Friday afternoon (4/13/07), defendant Ishmael Grant, 60, of Lauderhill, Florida, one of the lead defendants in a $10,000,000 scheme to defraud lenders, was found guilty by a federal jury in Fort Lauderdale.
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AnchoridgeDailyNews |
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Anchorage resident Kourosh Partow, an accused conspirator in a seven-member fraud ring that operated in Anchorage since 2002, pleaded guilty to wire fraud in federal District Court today.
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MercuryNews |
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Have inflated appraisals helped fuel the current surge in foreclosures by credit-strapped borrowers? Are they at the core of many fraud schemes?
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| Developing Your Business |
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Stop wasting your time chasing shadowy leads and get to work with Transfers from DoublePositive! Our transfers are different from traditional leads because they pass through two layers of screening and verification. You set the parameters and we'll connect you live to only qualified, interested borrowers.
If you don't have live call transfers of double-verified and interested borrowers in your leads mix, you should. There's no better time to try LIVE Hot Transfer Leads! Sign-up is free, there's no minimum order or long-term contracts and you can name your own price. Visit the link below to find out more:
Learn more about LIVE Hot Transfers!
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| Transfers Available This Week |
State |
Cost*
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| AK | $43 |
| AL | $46 |
| AR | $44 |
| AZ | $57 |
| CO | $53 |
| CT | $56 |
| DC | $49 |
| DE | $54 |
| GA | $48 |
| HI | $48 |
| IA | $51 |
| ID | $44 |
| IL | $43 |
| IN | $49 |
| KS | $41 |
| KY | $52 |
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State |
Cost*
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| LA | $45 |
| MA | $58 |
| ME | $43 |
| MI | $49 |
| MN | $54 |
| MO | $45 |
| MS | $51 |
| MT | $46 |
| NC | $43 |
| ND | $42 |
| NE | $55 |
| NH | $56 |
| NJ | $54 |
| NM | $50 |
| NV | $51 |
| NY | $53 |
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State |
Cost*
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| OH | $47 |
| OK | $39 |
| OR | $48 |
| PA | $51 |
| RI | $53 |
| SC | $49 |
| SD | $42 |
| TN | $49 |
| TX | $46 |
| UT | $47 |
| VA | $58 |
| VT | $41 |
| WA | $53 |
| WI | $46 |
| WV | $41 |
| WY | $57 |
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For pricing information on the Hot Transfers
listed above, please call us at 888-376-7484
You can also visit our site to get more information:
Learn more about DoublePositive!
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| Industry News |
LATimes |
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The layoff ax fell again Thursday in the sub-prime loan industry, with WMC in Burbank saying it would eliminate 771 jobs, more than half its workforce that remained after March cuts.
Full Story
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| Last month a legal web site was found guilty of practicing law without a license. Now online real estate appraisal service Zillow has received a cease and desist order from the state of Arizona for offering estimated home prices without a state appraiser license. The Arizona Board of Appraisal decided what Zillow is offering is essentially an appraisal, despite the fact that Zillow's website makes it clear that the figures listed are estimates and not actual appraisals. Zillow issued a statement to the effect that the company believes the estimates are not formal, and are therefore legal in Arizona. The company has responded to the Board of Appraisal's letter and is hoping to resolve the issue. As of Monday, the company continues to post online estimates for Arizona real estate.
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DMNews |
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Click fraud is still on the rise, according to recent pay-per-click fraud figures released yesterday by Click Forensics Inc. The company’s two-year-old independent click-fraud reporting service, the Click Fraud Index, found that during the first-quarter 2007 the search industry’s overall click fraud rate was 14.8 percent, up from 14.2 percent for the fourth quarter of 2006. Click fraud was at 13.7 percent for the first quarter in 2006.
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News-Press |
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Real estate schemes are a growing and complex problem, not only in Southwest Florida but across the country, authorities and industry insiders said.
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TheTrumpet |
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U.S. default rates hit an all-time high in the first quarter of 2007. Rising delinquencies will add additional pressure to a slowing housing market. But the real threat to the housing market and the economy is not the recent slew of sub-prime defaults, but the lending ramifications associated with widespread sub-prime bankruptcies.
Full Story
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RealityTimes |
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With major market players pledging new relief plans for financially-strapped subprime homeowners, the foreclosure fallout this year and next may not be as severe as some real estate analysts had forecast.
Full Story
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WebCPA |
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As expected, H&R Block Inc. announced that it has signed an agreement to sell its struggling Option One Corp. lending arm, though unit subsidiary H&R Block Corp. is not part of the deal.
Full Story
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OCRegister |
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It's by no means a rush to the traditional: Just 44 percent of March mortgages used for homebuying were fixed rate. But the last time fixed deals were so trendy was August 2003 – just a few weeks after the Federal Reserve made its last cut in the rates it controls.
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RapidCityJournal |
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A new measure that changes the licensing and bonding requirements for brokers was signed into law recently by Gov. Mike Rounds.
Full Story
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Forbes |
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Shares of Capital One Financial fell sharply in Friday trading on news that the bank missed analyst expectations for the first quarter due to mortgage-related problems.
Full Story
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BusinessWeek |
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New Jersey banking regulators on Friday ordered two more subprime lenders to stop doing business in the state.
Full Story
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| Business Solutions |
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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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| Your On-line Account |
We're working hard to make our client Extranet 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.
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| DealWire |
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Log In to Your Account | DP website
Copyright 2007 DoublePositive Group, Inc
1030 Hull Street, Suite 300 | Baltimore, MD 21230
888-376-7484
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