home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/
twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

Mortgage Broker News | Originator Newsletter
Stories about mortgage brokering and broker programs. Profiles of successful mortgage brokers. Articles about mortgage brokers who excel at other activities. Broker lawsuits and criminal broker activity.


Mortgage Broker Turns Power Broker?

Simi Valley originator goes for governorship

August 15, 2003

By ANNE LINEBERRY


You've probably already heard about the actor, the porn star, the comedian and the columnist running for governor of the Golden State, but hey, it IS California, so none of that should be surprising.

Also in the fray is mortgage broker Douglas Anderson.

The 55-year old Anderson lives in Simi Valley and owns First Pacific Financial, a mortgage brokerage in Moorpark. The company mainly handles commercial and multifamily lending, Anderson said in a phone interview, estimating that they do between $10 and $20 million a year in those products.

Single-family dwellings are also handled by his company, he said, but for the most part those consist of loans made to already existing customers.

A broker for about 22 years, Anderson founded First Pacific Financial in 1988 and says that 80 to 85 percent of his business is by word-of-mouth. That's how he intends to garner votes as well. The company has three other employees who will be picking up the extra work as Anderson begins a trek around the state speaking to the voters.

In addition to the website, andersonforgovernor.org, buttons, and t-shirts, Anderson said he planned on speaking to students on college campuses, Moose lodges and other venues where he can get his concerns voiced about several issues, but most importantly illegal immigration and the education system.

"I want to get people back into politics," he said.

Anderson, a resident of California for 47 years, believes illegal immigration is a problem that must be addressed now and is concerned that other candidates may shy away from the issue.

His proposals include calling the National Guard to the border and allowing police to check for immigration status when conducting traffic stops.

His other major concern is the educational system. Part of the problem, he says, is that teachers teach how to pass a test, rather than actual concepts and facts.

He said that although he realized that his chances of coming out on top of the other 134 candidates is unlikely, he's hoping that hammering away on his issues will cause the more potential winners to address it.

California voters have voted to recall Democratic governor Gray Davis, who recently won a second term to that office.

Once the recall petitions were verified, candidates with the requisite 65 voter signatures (from the same party) and a $3,500 filing fee were allowed a place on the ballot. The election will be held on October 7.

Though he holds long odds on himself gaining the office, Anderson, a republican, believes his chances are still better than the current governor, Gray Davis.


Anne Lineberry is MortgageDaily.com's editor. She previously worked as an online editor/producer for DallasNews.com and on the Metropolitan desk for the print edition of The Dallas Morning News. Email Anne at [email protected]



SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders