Automated Trading Strategies a Question of Semantics (07/15/2010)
(...) I will try to explain better. Taking the above example, "I will focus on newly issued NASDAQ stocks trading under two dollars and I will buy them on the first pull back after an initial price surge", I can convert the statement into a more precise trading statement by saying: "If this is a NASDAQ market and if the average close of the past 10 days is less than $2 THEN if there is a price expansion on a daily bar AND where the daily range of that expansion bar is three times the average range of the previous 10 daily bars AND the high of the expansion bar is higher than the lowest low of the past 10 bars PLUS three times the average range of those 10 bars THEN I will BUY IF AND WHEN price comes back to the expansion bar's high minus one half of the average range of the past 10 bars." The second statement is a mouthful, but it is precise, it is programmable and its validity can be tested in any market. (...)

BPOs a Key to Short Sale Success (06/27/2010)
(...) Once a value is grossly underestimated based on the BPO, the file will be closed almost immediately, unless you jump in and negotiate with reason and facts as to why your offer is an accurate representation of the market value. The problem: The person performing the BPO is hired by the lender, which is usually a local real estate agent, and may not know the market of the subject property. In one of our short sale files, we had a subject property that was on the border of a neighborhood that clearly had a 50-100K difference in value. (...)

How to trade intelligently through Nifty tips (05/31/2010)
(...) He should be able to formulate and execute a trading plan for a day. Traders can only regulate the distinction between then good and the bad days. They only know how to execute their trading strategies in the right manner to minimize the losses incurred on a bad day. (...)

Characteristics of Good Loan Officers (05/31/2010)
(...) You have to be a self-starter and be able to stay on top of all aspects of your job.Many loan officers starting out are fortunate enough to have bosses who help steer their career paths in the right direction. Still other lenders simply say to the loan officer newbie, ‘‘Okay, we’re going to pay you a big commission to bring in these deals, but you have to bring them in!’’Being your own boss means that, whether you’re self-employed or not, you must have the ability to establish and follow a marketing plan as well as adapt easily to the constant changes in business climates that directly affect your plan. (...)

The Loan Processor (05/31/2010)
(...) If something hasn't arrived, the processor will track it down and get it.Your processor is your partner doing the paperwork while you're out getting new business or making sales calls. It's a lot of work and sometimes thankless. (...)

The Loan Underwriter (05/31/2010)
(...) If the bank statements show $9,999, then regardless of how close $9,999 is to $10,000, the underwriter can’t approve the loan. It doesn’t meet the guidelines.Underwriters can also make judgment calls about a loan application as long as the calls are within bounds of the loan guidelines. (...)

Mortgage Banker vs. Mortgage Broker (05/31/2010)
(...) Later on in my lending career I worked for a small mortgage banker. Still later, that company was bought by a regional bank. Still later, we were swallowed up again by a national bank. (...)

Negotiating Underwriting Guidelines for a Mortgage Approval (05/31/2010)
(...) The underwriter notices that the borrower has two last names in her credit report. This might indicate that she was previously married. Or it could be nothing more than a mistake on the report . (...)

Mortgage brokers; advantages and disadvantages of dealing with a broker (05/18/2010)
(...) No one lender offers loans in every market niche. For example, many lenders won't offer loans to borrowers with poor credit, borrowers who can't document their income, borrowers who can't make any down payment, borrowers who want to purchase a condominium as an investment, borrowers with very high existing debts, borrowers who need to close within 72 hours, or borrowers who reside abroad. The list goes on and on. (...)

Is There a Broker inside You (05/15/2010)
(...) But try to be objective and to find houses that are really comparable. Neither the lovely chartreuse you've painted the living room nor the walk-in closet you're so proud of having built will raise your home's value. But an additional bathroom might. (...)

How to find an online CFD broker (02/15/2010)
(...) Choose a broker with good client references and testimonials. Don't forget to check its experience and track record. If the broker has years of experience, it's very likely that it's a legitimate and viable investment tool. (...)

Margin Trading 101 (12/12/2009)
(...) Also, there are different rules for margin trading from country to country - brokerage firms that allow their clients to engage in margin trading must be aware of the different laws and regulations in each country they do business in so they can maintain global regulatory compliance. These are just a few of the many reasons why margin trading is a risky situation for brokers as well as their clients. However, a new range of software solutions such as the Utopia Credit and Risk System from Davidsohn Global Technologies can help manage their risk and maximize their margin trading profits. (...)

Moving Contract Regulations Are Deficient When It Comes To Protecting From Moving Scams (12/04/2009)
(...) .Once our things were on the truck, the foreman told me that if I didn't give him $400, what he called a 'good tip', he would price the move at $9600 and if I paid him the "tip", he would price it at $7500. When I told him I didn't have half of $9600 up front, he told me my household goods could be auctioned off to fulfill the contract. (...)

WHAT IS A BROKER (05/18/2008)
(...) There are brokers who are opportunists, selling the latest stock idea and then moving on to the next one, and there are thoughtful and responsible brokers, genuinely interested in meeting the investment objectives of their customers. For the responsible investor relations professional who chooses to include brokers in the mix, the broker to be sought after is the one who is thoughtful, knowledgeable, understands research and how to do it, has a large and well established following, and is interested in good relations with good investor relations people not for the free lunch, but for the useful information. The others should be dealt with cautiously. (...)