Friday, February 6, 2015

Hi Benjamart,
 

Have you noticed how craft beers are such a “thing” these days?

 

Even up here in my tiny part of the world, we have two micro-breweries starting up…

 

I’m not complaining, of course - I could enjoy a pint of Old MacFuggle’s any night of the week.

 

Sometimes it seems like the business world is splitting into two: the multi-nationals and the local guys.

 

The big players have tons of money; the small operations have creativity.

 

So guess which camp you want to be in?

 

There’s no point trying to be big (and bland). You don’t have the muscle.

 

You’re better off being unique and interesting.

 

That’s achievable.

 

One way to do that is through your newsletter, which gives you enough space to display your special brand.

 

The content you choose, the opinions you share and the stories you tell will make you stand out.

 

In a world of big-budget sameness, you can be the person who is interesting and entertaining.

 

That’s much more attractive.

 

And it’s pretty easy.

 

Our newsletters can be edited as much as you wish. Take our content, then play with it until your heart’s content.

 

Here’s where to start.

 

http://www.readymortgagenewsletters.com

 

Simon Payn
 
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The Village Barn, 195 Highland Street
PO Box 261
Haliburton, Ontario K0M 1S0
Canada
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Thursday, February 5, 2015

New mortgage and property guides from L&C.   View it in your browser.
Houses and coins
Mortgage Rates Cut Again
Our resident mortgage guru Pete loves nothing more than the arrival of a new product guide, however even he can't believe the number of cuts lenders have made over the past few weeks. Rates keep getting better and costs keep falling, so if you are looking for a new deal or buying a home have a look at our best buys here.
Best buys..
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L&C partners Winston's Wish in 2015
We are pleased to announce our partnership with Winston's Wish, the UK's leading childhood bereavement charity. As well as donating £1 for every case where customers arrange one or more life, critical illness or income protection policy we will also be fundraising throughout the year. To see what we've been up to follow us on Twitter or Like http://www.facebook.com/londonandcountry on Facebook our Facebook page.
More details..
Try our new mortgage guides for useful help and information..
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First time buyers

Helpful guides for anyone taking that first step on the property ladder.
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Buy to Let guides

Full of useful information for new and established landlords.
 
Read our guides
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Remortgage guides

Everything you need to know about switching your mortgage deal.
 
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Wednesday, February 4, 2015

Hi Benjamart,
 

“I don’t want to cold call.”

 

That was the response someone gave to why they want a newsletter.

 

Hey – I’m with you on that one!

 

Cold calling is horrible.

 

And in the vast majority of cases (but not all), it’s a poor use of your time.

 

Cold calling positions you as desperate.

 

It automatically gives the other person the upper hand in the relationship.

 

That’s why I don’t do it.

 

The whole newsletter thing is about eliminating cold calling from your routine.

 

Here’s why:

 

• Newsletters position you as an authoritative expert in your field – more like a doctor than a door-to-door vacuum cleaner salesperson.

• Newsletters are economical – you reach many people at the same time.

• Newsletters encourage repeat business (which is more profitable than new business).

• Newsletters create additional sales of additional products (which increases your per-client revenue).

• Newsletters allow you to tell your story in a positive, non-threatening way.

• Newsletters allow you to focus on servicing your existing, high value clients, instead of wasting time with people who are not even proven to be interested in what you have to say.

 

So that’s why I recommend the following structure:

 

• Always be collecting contact information for people who have indicated an interest in what you have to offer.

• Follow up with regular newsletters that contain interesting, entertaining and relevant information.

• Pick up the phone and reply to emails when people are ready to buy.

 

And that’s it.

 

http://www.readymortgagenewsletters.com

 

Simon Payn
 
If you no longer wish to receive our emails, click the link below:
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Ready to Go Newsletters
The Village Barn, 195 Highland Street
PO Box 261
Haliburton, Ontario K0M 1S0
Canada
(877) 976-6368

Tuesday, February 3, 2015


Fannie Mae and Freddie Mac wrapped up their repurchase investigations on seasoned loans at the end of 2013. And, yet, plenty of buyback risk remains.

From the government-sponsored enterprises, the risk is now mostly focused on newly originated loans, which are undergoing more reviews and getting kicked back for smaller infractions. Elsewhere in the federal government, two long-armed statutes, the Financial Institutions Reform, Recovery and Enforcement Act and the False Claims Act, are helping the U.S. Department of Justice (on behalf of the FHA) to scrutinize legacy loans—and secure payouts in the hundreds of millions or even billions of dollars. And non-agency MBS investors are also still pursuing, and securing, big-money financial solace for claims based on old loans.

In an updated 7th edition of the Complete Guide to Mortgage Buybacks, Inside Mortgage Finance looks at the current state of repurchases and indemnifications, from legacy issues to new production, from agency and government-backed loans to non-agency securities to mortgage insurance.

The guide includes sections on

  • Fannie Mae and Freddie Mac, including information on their revised rep-and-warrant framework and quality control and loan-review procedures;
  • The FHA and Ginnie Mae, with information on the FHA's plan to reduce the need for credit overlays and tips for handling indemnification requests;
  • Non-Agency MBS, with discussions of litigation and settlements and tactics that have increased the statutes of limitations;
  • Mortgage Insurers and the new master policies;
  • Lender Issues, including impacts on smaller lenders and correspondents; and
  • Buybacks Data, with charts detailing bank and thrift repurchase activity and agency GSE buyback actions for 6M14.

Partial Table of Contents
Fannie Mae and Freddie Mac
+Revised Rep-and-Warrant Framework
+Increase in Loan File Reviews

+Controlling Risk by Managing Loan Quality
+Qualified Mortgages
+Revisions to Buyback Requirements
+Discretionary File Reviews
+Accuracy of Submissions
+Post-Purchase Corrections
+Eligibility Violations
+Freddie's Quality-Control Focus
+Targeted Sampling
+Quality Control Trends and Findings
+Contract Issues with the GSEs
+Suggestions for Lenders
+The False Claims Act
+The Financial Institutions Reform, Recovery, and Enforcement Act
+Settlements with Lenders

The FHA and Ginnie Mae
+Blueprint for Access
+Monetary Recoveries from Settlements with Lenders
+HUD's Auditing Options
+Indemnification Procedures
+Issues Prompting Indemnification Requests
+Suggestions for Handling Indemnification Requests
+Appeals Process
+Litigation Trends
+Issues with Mortgage Insurance Certificates
+Mortgagee Review Board Actions

Non-Agency MBS
+BofA's Settlement as a Model
+RMBS Working Group
+DOJ's Use of FIRREA
+Statute of Limitations
+Settlements of FHFA Lawsuits
+SEC Seeks Admissions of Guilt

Mortgage Insurers
+Master Policy from GSEs
+Mortgage Insurance Stand-In Program

Lender Issues
+Impact on Smaller Lenders
+Large Firms Seeking Buybacks from Correspondent Lenders
+Suggestions for Fighting Buyback Requests

Know your buyback exposure and your options.



Inside Mortgage Finance Publications, Inc.
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Tel: 800-570-5744, www.insidemortgagefinance.com

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