subject: What Mortgage Industry Insiders Read To Stay Up To Date In Their Business by:Rob Lawrence [print this page] Keeping up-to-date on everything going on in the mortgage industry can be a daunting task. With all of the coming changes from HUD and RESPSA, staying aware of rules and regulations is not only a necessityit's an absolute must! You do not want to risk a career you have worked so hard for!
Here are some of the best mortgage publications every insider reads. You should too! Not only is there plenty of information regarding RESPA's new rules, but there are some great sales and marketing ideas. If you want to grow your business to the next level, make an investment and become a subscriber to each of them. Your bank account will thank you! ;-)
PUBLICATIONS:
Broker Magazine
A great magazine with an emphasis on sales and marketing tactics. The articles are detailed and well written. One magazine, I look forward to reading every month and my office is never without!
The official trade magazine of the Mortgage Bankers Association of America. Although geared more towards actual lenders than brokers, each issue contains a wealth of information. Especially if you are a mortgage broker who wants to someday transition to becoming a full-fledged lender.
One of the earliest industry publications, Mortgage Originator Magazine is considered to be the granddaddy of mortgage how-to advice. Their website has a great mortgage discussion board. Publishes the annual Top Originators List for the country. Only the very best can achieve this high honor (some day I'll be there, and you will too!)
Publishes an individual mortgage newspaper for each state. Usually, it is also the official publication of the State's mortgage industry association. One of the few publications that contains State specific information. Ask to be added to their mailing list. Sometimes they give away free subscriptions.
One of the few industry publications dedicated to the technology aspects of the industry. Covers topics such as loan origination software, better pipeline management, and mortgage servicing. It's what every IT Director in the mortgage industry reads.
Another great publication with excellent "intelligence". Has a great people and places section. I like to read this to keep up with the hiring and firing in the industry. It's amazing how often people move around!
Confused by the thousands of loan programs out there? Get the Scotsman Guide. This is one of the few publications I rely on daily to help place those difficult loans. Has loan matrixes and underwriting guidelines. This one magazine alone will save you hours of hunting around. Close one loan with it, and you've paid for the equivalent of a 15-20 year subscription!!!
A great website put together by Karen Deis, an industry veteran. I have a lot of respect for her and her work. Some interesting ideas can be found on her site.
More of an industry directory. Has thousands of links to other mortgage sites, including net branch, and companies who hire at home loan officers. Also, has a free monthly mortgage newsletter with the latest happenings.
Tips from some of the top producers in the industry! All free! You can't beat that price!!! Sign up for the monthly newsletter. This is high quality stuff!
Information truly is power, and I want us all to benefit from each other's knowledge.
About the author
Rob Lawrence is ranked one of top national trainers in the mortgage industry. He is the currently the CEO of Battlecall.com, coaching, tools and resources to turn mortgage professionals into mortgage warriors. Visit http://www.battlecall.com for his free "Sink Or Swim" weekly newsletter, mortgage training, marketing advice and more! Jumpstart your career in the mortgage business, starting today.
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