Wednesday, July 29, 2009
Taking Inventory of What I've Got To Work With
We're continuing to experience changes in the mortgage business that makes it more and more difficult to close loans. Even really good loans.
Everyone is extremely frustrated at not know the changes to the guidelines, yet, the whining is not near what it was a year ago. We've grown so accustomed to changes that we've come to expect it.
It is all some much out of our control with appraisals management companies, new time lines for collecting money and strict guidelines imposed by congress on estimating the "good faith" estimate.
So, everyday we need to take a good inventory of what who and what we have to work with. It changes too fast to set back and relax.
What's in our box? What do we have to win with? What agendas are with us, and what's against us?
Everyone is extremely frustrated at not know the changes to the guidelines, yet, the whining is not near what it was a year ago. We've grown so accustomed to changes that we've come to expect it.
It is all some much out of our control with appraisals management companies, new time lines for collecting money and strict guidelines imposed by congress on estimating the "good faith" estimate.
So, everyday we need to take a good inventory of what who and what we have to work with. It changes too fast to set back and relax.
What's in our box? What do we have to win with? What agendas are with us, and what's against us?
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