Welcome to Straight Talk About Mortgages!

So what’s Straight Talk About Mortgages?

It’s actually a couple of things:

It’s a blog – it’s a place where educated professionals in the lending profession talk about what’s happening in the mortgage world.

  • They talk about the every day things – like what’s the market doing today?
  • They talk about the more complex issues – like the Federal Reserve and it’s impact on the mortgage market.
  • They talk about operational issues – like how is the new RESPA 2010 regulations going to impact closings?
  • They talk about a lot of the things that buyers and borrowers and sellers and real estate professionals are concerned about and pay attention to as they navigate the market that we’re all in today.
  • They do it in a way that makes it all understandable.
  • They do it with a large amount of Straight Talk and virtually no “spin.”
  • The only agenda is very simple – educate people so that they understand the housing and mortgage market better and “raise the bar” so that all professionals in the business operate at a higher level.

It’s a Team – What’s the “Straight Talk Team?”

  • No, it’s not a new mortgage company.    All of the lenders involved in Straight Talk work at different financial institutions.
  • Instead of competing, we’re working together to increase the likelihood that consumers will expect and receive Straight Talk and common sense answers from the mortgage lender that they choose.
  • Our goal is to have the entire country covered by Feb. 14, 2010.   That means that no matter where you are in need of a mortgage, we’ve got someone who can help you.
  • Does it cost you anything to work with a member of the Straight Talk Team?    Absolutely no more than it would if you contact that lender and worked directly with them.   There are no referral fees or membership fees charged or paid by any of the lending professionals involved with Straight Talk.
  • Do all of the lenders who are on the Straight Talk Team write on the Straight Talk blog?   No they don’t.   Why not?   A variety of reasons.
  • The Straight Talk Code of Conduct – All of the lenders who are on the Straight Talk Team have agreed to a very simple code of conduct:   1) Tell the truth.    2) Be a professional   3) Care about the people who come to you for advice, counsel and financing.   4) Above all, TALK STRAIGHT.

It’s an answer to the Question: “Why Do We Need Straight Talk in the Mortgage World?”

This in many ways is “self evident” but we think it needs to be said any way:

  • We need Straight Talk because the mortgage world is more confusing than it has ever been.
  • We need Straight Talk because it’s never been harder to get a mortgage than it is right now.
  • We need Straight Talk because the housing market is a rather treacherous place right now.
  • We need Straight Talk because a LOT of what’s going on in Washington and on Wall Street is having and will have a big impact on Main Street and people deserve to know about them.

Because if we had STRAIGHT TALK ABOUT MORTGAGES, the mess that’s happened over the last couple of years wouldn’t have been nearly as bad.

So, come into our world of mortgages, ask questions, poke around, kick the tires, and expect us to be honest with you.    Because that’s what this site is about……..