Comments on: Loan

By: franholz

franholz — Fri, 11 Nov 2011 01:26:40 +0000

The United States. Such a young, glorious and interesting country. never seen an entity that comes close to prestige. Good on ya yanks.

By: intzlate

intzlate — Tue, 23 Nov 2010 17:45:10 +0000

Great article about Net Promoter scores…we watch them closely at our company. I know we are way ahead of the industry (mortgage) with our region gaining a 90 net promoter score. Net promoter is an important measurement that the public should know about.

Kevin McCarthy,CMPS™
Certified Mortgage Planning Specialist
CTX Mortgage Company

By: gori

gori — Sat, 20 Nov 2010 05:30:47 +0000

There are some search result links below. Click on each bank and find the "Search" box on their page. Put in "5 Yr CD Rates/Annual Return, and 30 Yr Mortgage Rates." You may have to create a User Account and Login psswd to view this information at their website.

Good luck on your assignment.

By: rachiama

rachiama — Tue, 12 Oct 2010 11:06:58 +0000

No offense, but the question that begs to be asked is why you executed a contract knowing that you had a prepayment penalty / back payments that you wouldn't be satisfied from the proceeds at closing. Unless you have a clause allowing you to bail out of the contract in this situation, you've put yourself and the buyer in a bad situation.

You will likely never get above a first level manager at Countrywide, especially as they're downsizing rapidly and upper managers are too busy putting out fires on other loans to deal with yours. I wish you luck, but [...]

By: tera conzoraczk

tera conzoraczk — Thu, 16 Sep 2010 19:23:13 +0000

Besides that, this article and your investment analysis doesn't take into account the Origination/Closing Fees that LC charges.

That rate varies from 0.75% (for the highest FICO score borrowers) to 3.50% for most. That means on a blended basis, you're paying approximately 3% in origination fees on top of the 1% service fee being charged by Lending Club.

The real rate of return therefore isn't 9.05% but 6.05%. That's about 2x the best short-term CD out there for a lot more work and a lot more risk. It might be worth it if we were talking about being able to [...]