Rasmussen: Tea Party outpolls Republicans - On Politics - USATODAY.com

The notion that the Tea Party movement is a vocal minority in the Republican Party may have been put to rest today. A new three-way generic ballot from Rasmussen Reports finds that a Tea Party candidate would fare better than a Republican candidate, 23% to 18%, with the Democratic candidate coming out on top at 36%. The poll also found 22% remained undecided.

There is even better news for a Tea Party candidate when it comes to independents. They chose the Tea Party candidate (33%) over both the Democratic (25%) and Republican (12%) candidates. Nearly a third of independents were undecided at 30%.

Interested in knowing more? Interested in becoming a delegate for the Tea Party?
http://patriotcaucus.pbworks.com/
http://taxdayteaparty.com/2009/12/patriot-caucus/

Ken Cook: Hall of Fame, Booster | Real Estate Technology Conference | REtechSouth

RETSO welcomes you to Ken Cook’s Share the Love PageKenCook
Ken loves you and RETSO loves you both right back!

All of us at REtechSouth believe that ‘together we’re better’ and that’s why we work closely with people like Ken – and now you! Relationships are what make our industry succeed, and we are happy to share the love and help facilitate opportunities to connect people. Making technology more human is a big part of what REtechSouth hopes to accomplish every day.

Ken is supporting RETSO 2010 and this page allows us to pass along exclusive savings to you. Purchase your tickets through the links below and enjoy 10% savings on all ticket types, courtesy of your friend Ken!

http://www.retechsouth.com/kencook/ - we are expecting 750 plus this year for the 2 day event in Gwinnett Georgia. Join me on Thursdays at noon for RETech Radio at http://blogtalkradio.com/jckc (30 minute show)

Agents respond to sweeping FHA changes on the horizon

Fed Chair Ben Bernanke recognizes the importance of keeping interest rates low at this crucial time.
Fed Chair Ben Bernanke recognizes the importance of keeping interest rates low at this crucial time.
AP Photo/Mark Lennihan

Reaction is wide ranging on the heels of the announcement by Secretary of Housing and Urban Development Secretary (HUD) Shaun Donovan's announcement that sweeping changes are coming for guidelines for loans insured by the Federal Housing Administration (FHA). Earlier this week Donovan announced to Congress the levels of reserves for FHA are nearly 1.5% lower than mandated by law. In an effort to recover the reserves the department expects to announce several changes in early 2010. Changes may come as early as the first week of January.

Skin in the game is the phrase of the day

""Certainly credit score isn't a guarantee that people will stay in their homes, but the more 'skin in the game' a person has the less likely they are to walk away without fighting for it." Says Jessica Horton of Jessica Horton and Associates in Hampton, Georgia.

It's a touchy subject and I invite your comments on Examiner.com

http://www.examiner.com/examiner/x-30970-Atlanta-Mortgage-Industry-Examiner~y...

Massive and sweeping changes to lending

Just when you thought the changes were slowing here come some of the most sweeping changes in the mortgage industry in decades. Brokers are all but gone - down to numbers less than 20% of less than two years ago. In Georgia alone the number of licensed mortgage brokers has dropped from 8700 to only 1800 in less than 24 months. Brokers may very well soon be all but dinosaurs.

Get ready for the opportunity to participate, and present, to hundreds of real estate and mortgage people across the nation about how to beat the changes and still provide services for your clients. Bankers, lenders, real estate agents, appraisers, and others will be invited to join.

Stay tuned! (Ken Cook 678-439-8683 or reibroker@gmail.com)

FTC and HUD urge caution about loss mitigation and foreclosure rescue companies

Article this morning on Examiner.com should be shared with all of your friends, family or clients who may be facing foreclosure, default or bankruptcy.

With the equity bleeding out of American housing, increasing numbers of jobless home owners and Federal bank bailouts not working according to plan it is the perfect storm for raiders of hope. 

http://www.examiner.com/examiner/x-30970-Atlanta-Mortgage-Industry-Examiner~y2009m11d24-FTC-and-HUD-urge-caution-about-loss-mitigation-and-foreclosure-rescue-companies

Mortgage interest rates vary

When shopping for a home loan it requires only a couple of telephone calls to discover interest rates are not created equally.

My first Sunday morning Examiner.com article. We mortgage people are constantly explaining why a borrower is not getting the same rate they saw or heard in an advertisement and why even the company who advertised it will not honor it for them. This article will help.

Georgia FHA Home Loan Info

"They" call it "The New Subprime" when actually nothing could be farther from the truth. FHA insurance has been around since the days of the Great Depression. What "they" are referring to is the nasty little fact that "subrpime loans", which were given a huge boon as a result of the Federal Reinvesment Act of 1998, allowed people with less than stellar credit, income and assets to purchase homes. FHA has never actually been "subprime" from that viewpoint.   FHA home loans, in Georgia and beyond, have always required the applicants to demonstrate common sense in their payment history, stable income and verifiable assets. Nothing has changed in that department except that lenders have "tightened up" on credit score requirements. In fact, all FHA home loans at most companies require what is called a Fannie Mae Desktop Underwriter Approve/Eligible or Refer/Eligible conditional approval before they can even be sent to a Direct Endorsement or higher underwriter.   To learn more about FHA home loans in Georgia you can telephone Ken Cook at 678-439-8683 which is his cell number and follow http://twitter.com/GeorgiaFHA on Twitter.