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Mortgage Business Books
| Last Updated |
Tuesday, December 20, 2011 |
12:06 PM |
Texas Time |
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A Look Back at Ameriquest
A new book by a seasoned journalist provides a behind-the-scenes look at subprime wholesale lending and Wall Street through the eyes of Ameriquest Mortgage and Lehman Brothers.
In his richly documented narrative, investigative reporter Michael Hudson traces the rise and fall of the subprime lending industry through the stories of the two corporate heavyweights.
His chronicle of the melding of Orange County, Calif., and Wall Street is propelled by the limitless ambition of Roland Arnall, the man who launched three of the industry's biggest players -- Long Beach Mortgage, Ameriquest Mortgage and Argent Mortgage -- and expanded them with steady supplies of cash from Wall Street's biggest banks.
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Appraisal Help
Recent offerings by service providers are aimed at helping appraisals improve their reports and helping lenders maintain adequate oversight. The new offerings include a consulting service and a book.
$1 Billion Bet Against Subprime was Good
A few investors were savvy enough to bet against subprime mortgages before it all went bust. One of them began betting against subprime loans in 2005 and eventually upped his bet to $1 billion.
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Retail Mod Services Sprouting Up
As up-front fees become more difficult to collect on loan modifications, fewer new modification firms are emerging. But a cottage industry of free and paid services is emerging to help borrowers complete modifications themselves. One of the offerings is a new book.
FHA Daily
A net branch company is recruiting mortgage brokers by focusing on streamline refinances of loans insured by the Federal Housing Administration, while a tour has been launched to help loan officers boost their FHA productivity. Also on the market is an FHA book and a new certification for government underwriters.
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Sales Super Stardom
The first step to becoming a sales superstar includes making a personal declaration to become successful and then removing the mental roadblocks that keep success at an arm's length, according to a book reviewed by MortgageDaily.com. Essentially, the mind of a sales superstar must first be created.
So this begins the philosophy teaching of How To Be A Sales Superstar: Break All the Rules and Succeed While Doing It.
Its author Mark Tewart takes a contrarian approach to guiding the masses to super sales stardom. This begins with gaining the right frame of mind.
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Brokers, Appraisers and Securitizers Blamed for Meltdown (book review)
The former owner of a failed wholesale lender has authored a book that discusses his take on the causes of the mortgage meltdown. Among the culprits: mortgage brokers, appraisers, investment bankers and ratings agencies. Lenders, on the other hand, were merely mentioned as victims. |
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Sales Steps (book review)
A successful salesperson starts with a vision then creates a blueprint, according to the latest sales book reviewed by MortgageDaily.com. A focused execution completes the sales process.
Formula Boosts Closings (book review)
Knowledge, skill and motivation are three components essential to sales success -- especially as the overall market struggles, according to a new sales book reviewed by MortgageDaily.com. |
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Mortgage Advertising News News stories about mortgage advertising.
Mortgage Advertising Reach mortgage executives, mortgage brokers and other people in mortgage lending.
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Mortgage Leads That Close
Real-time mortgage leads. Free filters. Start closing more business today!
www.ezratequotes.com/mortgage-leads
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Mortgage Industry Books
Read about books reviewed by MortgageDaily.com reporters. Book subjects include mortgage banking, loan originating and selling.
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