It doesn’t happen very often any more, but every once in a while, we (as banking and finance industry members) fall into a special moment and meet someone that’s got some seriously strong industry “Cred” because they’ve seen virtually everything there is to see.  When those people speak, you want to listen. Their perspective is from personal experience; it’s not from a book.  Today, we have the opportunity to partake in one of these special moments.

In Today’s Rick’s Picks, meet Crescent Founder Alex Williams as he shares on

• 40+ years of Industry “death knells” in 60 seconds or less
• QM
• 2014 and beyond

Carve out five minutes for some great perspective with Alex’s entertaining delivery style.  Enjoy!

We’ve now passed the threshold into 2014 and QM, and we’re all still here.  Whew.

In this Rick’s Picks:

• Appraisals
• ARM Disclosures
• ATR
• and More, all in less than 4 minutes!

It’s that time of year again! Time to sign your checks and documents with the year 2014 instead of 2013.
…Wait…
Does anyone even write checks anymore?

Anyway, this is the last edition of Rick’s Picks for the year, and it includes:

• A glimpse at the future of Crescent from Fowler Williams, the President of Crescent Mortgage
• Compliance for January 2014
• Outtakes from Rick and Fowler
• More fun along the way – all in UNDER 4 Minutes

Thank you for your business this year! Wishing you and your team a prosperous 2014!

-Rick

On December 9, Crescent Express (our software platform) was updated.  It took some people by surprise, but never fear…Charity Smith, Crescent’s National Trainer was available to step in and do some quick training for Rick’s Picks!

In this Episode:

• Training on the updated Crescent Express site
• Charity Smith bails Rick out of a jam
• Fowler Williams
• Bill Fowler
• huh?
• All in less than 4 minutes!!

Quick Reference Guide Link

As we near the end of 2013, we have a lot to be thankful for.
We’re still employed in this unique business…that’s definitely something!

In this Holiday precursor episode of Rick’s Picks:

• Crescent has a special gift for its loyal customers
• Rick meets the Grinch?
• And More, all in less than 4 minutes!

TRAINING LINK

This is a special episode for Rick’s Picks…

Not only is it the 22nd Episode, but for those viewers that are willing to set aside 5 minutes, a view of the Control Room is in store! Not often do you get a behind the scenes look at how this whole production gets put together…

In this episode of Rick’s Picks:

• Market Trends (Some very good news)
• Rick’s Picks Top 5 (prepare for 2014 NOW)
• Rick and the producer hash it out on the set??

Full of info and literally only 5 minutes long!

Link to MGIC’s Q3 Market Data

Through the course of the last week and a half, with the “Partial Government ShutDown” in full swing, many have been asking the same questions. We answer them in today’s Rick’s Picks:

• Rick enlists the “help” of the On Location Correspondent to demystify current events
• Answers on 4506t issues
• Direct Sellers: Are you complying with the NEW Agency QC requirements?

All that and more, in under 5 minutes!

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 FNMA Bulletin 2013-5

If you’ve been paying attention to previous episodes of Rick’s Picks, you’ve seen coverage on multiple high LTV programs that can offer solutions for your purchase borrowers, to replace the volume you’ve most likely lost from
from the increase in rates over the past few months.

In Today’s Episode of Rick’s Picks:

• Review of Previous Episodes
• Good Overview of My Community Program
• Payment Breakdown Comparison between FHA and the MCM
• Bloopers are Back!  Watch til the end…