Here’s the most important reading of the week, hands down: “The Fight Over Foreclosure Fees” What’s being discussed, in accurate detail, is the very future of our industry.
“No aspect of the U.S. mortgage business will go untouched by this,” said one attorney I spoke with, on condition of anonymity. “It won’t be long [...]

“”People are not in it to flip like back in the old economy. The new economy dictates that you have to have a long time horizon.”
–Matt Martinez
I read a really strange article on CNN Money last week. The entire point of the article was about how Real Estate investors are helping neighborhoods and cities around [...]

There’s been a strange mix of headlines about Deutsche Bank this week. One Tuesday, the Wall Street Journal was reporting about their role in financing the housing bubble, and the ugly fact that despite being “among the first to flag weaknesses in the market as early as 2005,” Deutsche Bank continued to make billions [...]

This Friday, we’re debuting the newest version of the Short Sale Engine .. and it’s the most radical update we’ve done so far. We’ve never integrated more features and more user requests, and based on the beta testing last week, we’re extremely proud to introduce our most powerful software yet.
We’ve got a short, [...]

We’ve gotten quite a few questions lately about the Short Sale industry that’s been growing throughout 2010, and by far the most common question is this:
“What’s the average success rate for a Short Sale?”
The hard truth of it is, nobody knows. Back in February 2009, a research firm called Campbell Communications did a study [...]

Mike Calhoun: My Vision >>
Here’s a fact that woke me up more than the coffee did: “25.5 percent of consumers now have a credit score of 599 or below.” Wow…Good morning!!
We’re working harder every day because this Short Sale market just keeps building momentum. Thanks to ActiveRain, we’ve got a lot of new readers [...]

Mike Calhoun: My Vision >>
I’ve been reading up on Strategic Defaults since the weekend, and I think I broke my brain.
I’m hoping our readers can help me set it straight again. Like you, I’ve seen “Strategic Defaults” back in the news in a big way, and like any other important trend in our industry, I [...]

Last year, most of the questions we got were about SEO and lead generation. This year, it seems like everyone has reached the next level — because now, the questions are about building credibility and strong branding. To me, there couldn’t be a better time to be in business, because that’s exacty what my vision [...]

Transactional Funding is one of those things that simply sounds too good to be true. I’ve talked to a lot of new Real Estate investors who were downright skeptical about it, assuming it had to be some kind of scam. In fact, Transactional Funding is good business across the board .. and more importantly, it [...]

Mike Calhoun: My Vision >>
Back when I first started talking about the Short Sale Engine to every Realtor and investor who asked, I met a lot of skeptics. People didn’t see the relevance yet. Short Sales were still new .. still obscure .. and people just thought I was pushing some weird “niche product.” Fast [...]