Cary Pearce of Provident Bank Mortgage Joins Bruce Norris on the Real Estate Radio Show #366

Bruce Norris is joined this week by Cary Pearce. Cary is the production manager for Provident Bank Mortgage. He is in the Inland Empire, and they do about $20 million a month. He has been with them for four and a half years and has been in the industry for 28 years. Bruce and Cary discuss the mortgage industry today compared to 2006, prices in the 80s and early 90s, the new QM rules, concerns over the new oversight,automated approvals by the FHA and GSEs, the 417 loan amount, the advantage of a conventional loan and its lower PMI factor, and much more on this week's real estate radio show and podcast.

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I Survived Real Estate 2013 Part 5 #357

On October 18, 2013, The Norris Group proudly presented I Survived Real Estate 2013. An expert line-up of industry experts joined Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and the outlook for real estate in the coming year. Over $90,000 was raised to benefit Make a Wish and St. Jude Children’s Research Hospital. In this segment, Bruce continues his discussion with Debra Still and Mark Palim, covering topics such as the impact of rising interest rates on the housing recovery, the ridiculous interest rates we see today, slowdown in sales and appreciation in prices, the increase in ARMs, popular past products not coming back, the current cap on fees, the percentage of loans in 2013 that would not meet QM, the 3-point rule and the negative impact on small loan amounts, and much, much more on this week's real estate radio show and podcast.

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Sean O'Toole Joins Bruce Norris on the Real Estate Radio Show #346

Bruce Norris is joined this week by Sean O’Toole. Sean is the founder and CEO of Property Radar, and he was the founder of Foreclosure Radar. Their website literally changed the foreclosure industry and made it much easier for people to compete against very large companies. He started buying and selling his own properties, dealing with 150 residential commercial foreclosures, and he used 15 years of software industry experience to make the job a lot easier. Bruce and Sean discuss how he got started in the foreclosure business, his new website in depth, short sales, the number of homeowners still underwater and emerging out from it, inventory levels, the predominance of refis in the lender business, the current CAP rate, the upcoming event I Survived Real Estate 2013, and much more on this weeks real estate radio show and podcast.

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Philip Tirone of the Mortgage Equity Group #159

Bruce Norris is joined by Philip Tirone. Philip Tirone is the President of the Mortgage Equity Group and author of The 7 Steps to a 720 Credit Score. Bruce and Philip discuss the state of the jumbo lending market, difficulties with appraisals, over disclosure in the market, regulation x, and new lending guidelines.

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