News From The Loan Cave

http://www.realtor.org/rmodaily.nsf/pages/News2010012001

Express Capital will need to continue to adapt to these changes.  Last week FHA waived its 90 day flip rule.  Now it makes it more difficult in other ways......1 step forward, 2 steps back.  Not exactly saying its bad in whole, just makes our lives more difficult to obtain loans.

Our Staff has been faced with many changes in the industry yet again we continue to move forward despite uncertainties of the future.  Lately, we have taken an exam to retrieve our MLO (Mortgage Loan Originator) licenses.  Also required was 20 hours of classroom instruction.  We are happy to announce that we have all passed the test and we are ready to take 2010 by storm.  We have implemented our company "capes" as a symbol of our heroic efforts on each and every loan we do.  We see this catching on as we embrace our newfound staple of branding for Express Capital Mortgage.