No one likes to be blindsided, caught off guard or experience an unexpected, non-beneficial surprise. It’s bad enough getting hit up the side of the head when you’re nose to nose and toes to toes with an opponent. At least in that scenario you [...]
Listen to what Dr. Emmett Brown, the Nutty Professor in the film Back to the Future, said to Marty McFly when asked how the Flux Capacitor works: “First, you turn the time circuits on. This one tells you where you’re going. This one tells [...]
During our career as investors, and now as a note servicing company for the private cash flow industry, one double-sided lament we continually hear is the complaint about the shortage of business opportunity - and the competition spawned by the proliferation of new cash [...]
The Global Positioning System (GPS) is a satellite-based navigation system that works in any weather conditions, anywhere in the world, 24 hours a day. There are no subscription fees or setup charges to use GPS. The receiver can determine the user's position and record [...]
There has been an enormous amount of chatter, prognostications and articles written about the cause, effect and the long and short term fallout of the current economic downturn. The slippery slide into recession lead by the housing market continues to raise havoc on Wall [...]
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The article discusses the requirements for a valid security interest under the Uniform Commercial Code (UCC). A security interest is a interests in personal property or fixtures that secures payment or performance of an obligation. The security interest gives the secured party the right to take possession of the collateral if the debtor defaults. The UCC sets forth requirements for the creation and perfection of security interests. To create a security interest, the debtor must grant the secured party a security interest in the collateral. The debtor must also sign a security agreement that sets forth the terms of the security interest. The secured party must then file a financing statement with the appropriate government authority. The security interest is perfected when the debtor has granted the secured party a security interest in the collateral, the debtor has signed a security agreement, and the secured party has filed a financing statement.
The article discusses the comeback of seller-financed mortgages and how they are being used more now than they have been in the past. There are several reasons for this, including the fact that more people are now interested in buying homes than they were during the recession, and that seller-financed mortgages offer more flexibility than traditional mortgages. Private mortgage loan servicing companies are seeing an increase in business as a result of the resurgence of seller-financing, and are working to ensure that they are able to meet the needs of their clients.
This article, written by Roberta Standen, is about excusitus, or the "failure disease." Standen believes that the root cause of failure is often a lack of personal accountability, and that the way to cure oneself of this disease is to take personal responsibility for one's actions.
As a private mortgage loan servicing company, we agree with Standen's assessment of excusitus and believe that taking personal responsibility for one's actions is key to overcoming this disease. We believe that our role in helping our clients overcome excusitus is to provide them with the support and resources they need to succeed. We will continue to work hard to help our clients overcome this disease and achieve their financial goals.
Roberta Standen worked in the loan servicing industry for many years. In her experience, she found that sales skills are necessary in every aspect of the job. In loan servicing, employees are constantly interacting with customers and trying to solve their problems. It is important to be able to listen to customers and understand their needs. Employees also need to be able to explain things clearly and be patient. Standen believes that being a good salesperson is the key to being successful in loan servicing.
The Socio-cultural myth continues to be with us even today. If you don't punch the clock at 8:00 and leave at 5:00, have benefits and a retirement plan, you are not a success. Those of us who have chosen to leave the "real job" [...]
