Top 5 Mortgage Marketing Posts of the week – July ’09 Week 1

by David Orsini on July 6, 2009

  1. The “Acres of Diamonds” in Your Own Backyard – The Mortgage Cicerone is on his soapbox again. Originators need to mine their own client list for referral and refinance opportunities.
  2. Thoughts on Social Media and Branding – Rob Hahn describes branding as a promise and social media is a very powerful branding chanel.
  3. Why Loan Officers Kill Deals - Ken Cook describes how full transparency is best for everyone during the loan process. Setting improper expectations with a borrower and not coming through is not going to get you any referrals from them or their realtor; not to mention it is unethical. Mortgage professionals need to join the Mortgage Revolution and always give the truth.
  4. Shouldn’t reverse mortgages allow repair set-aside money released in draws? – This is a really good article describing a flaw in the current reverse mortgage system. Contractors cannot take a draw for materials prior to doing the work; so they are taking on all the risk.
  5. Elite Originators Aren’t Elite Because They Wear Nice TiesMark Green talks about what it takes to be successful in this business. Two of the main keys are mining your database and not being afraid to re-invest into your business.

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