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New Consumer Financial Protect Board goes live today

New Consumer Financial Protect Board goes live today. The CFPB is part of last years Dodd / Frank financial reform disaster bill. In theory, the new agency sounds great. The reality is something completely different.

For starters… they are already going after the wrong people…

Here is another great video from the boys over at TBWS.

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All mortgage brokers are gone, so the housing industry is fixed? WRONG

The real estate industry is a mess… But who is to blame, and who is fixing it?

IN the panic and adolescent reaction to the sub prime mortgage meltdown, Congress led by two totally unknowledgeable politicians, Barney Frank and Chris Dodd, ran amok in Washington with a 2800 page bill to reform the world; we only hope more intelligent heads will begin to prevail and correct the mess those two have made. Part of that mess was a pathetic, thinly hidden attempt to get rid of mortgage brokers. Seems to have worked… Last I saw, mortgage brokers now only account for about 6% of the mortgage loan business, where in 2006 – it was something like 60%.

Has it works? Watch another great video by Frank and Brian of TBWS

Phony rate quotes, slick advertising, bait-n-switch… beware

Shopping for a home mortgage loan? Despite Government efforts, the industry is still full of slick advertising, phony rate quotes, and bait-n-switch offers from home mortgage loan companies and banks you probably don’t want to really do business with. Joe Metzler explains…

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Need a home mortgage loan in MN or WI? Try www.StPaul-mortgage.com or www.mortgage-duluth.com

The newest NEW Good Faith Estimate for 2011

On January 1, 2010, the government came out with a new Good Faith Estimate document for home buyers. The new document, supposedly designed to help consumers better shop for a mortgage, was and is a complete flop.

A year later, they are testing a new, new Good Faith Estimate from the new Consumer Financial Protection Bureau. You can give your input to the CFPB… Watch to learn how.

What do YOU think? Is this one a flop too? Post below!

Are you a pop tart agent?

Are you a pop tart Real Estate Agent? Do you instantly jump when a new buyer calls? Stop wasting your time, set proper expectations. Is your buyer really pre-approved for a home mortgage loan? Learn more with Joe Metzler and Dave Harvey of Cambria Mortgage, and the MN Real Estate Daily Show.

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NAR fees are up, and I’m on a budget

NAR fees are up, advertising costs are up, real estate sales are down, but as a Real Estate Agent, you need to find more clients, and you need to do it on a budget. Here are a few simple tools to increase your business and make more money from Joe Metzler at Cambria Mortgage, and the Mn Real Estate Daily Show.

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Zero Down Home Loans Are Back

Zero down payment home loans are back. Actually, some of them never went away. VA and USDA Rural Development are two very popular home loan options. Learn more by watching this ROYAL performance… CG LIVE from London!

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IRS Reports First Time Home Buyer Tax Credit Abuse


The IRS says there was significant abuse and fraudulent claims related to the $8000 First Time Home Buyers tax credit. Pretty shocking numbers… $29 Billion dollars given to 4 million people, and the fraud amounted to…

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WOW your sellers with simple internet marketing

WOW your sellers with Internet Marketing.

As an agent, you can sell homes. The number 1 issue most Realtors face is
finding the next client.  So now you’ve gotten a listing, but are your
clients saying WOW and referring you to others? Today, it is simple to WOW a
seller with free, or close to free internet marketing of their home.  Learn
how with this short video from
Joe Metzler of Cambria Mortgage, St Paul, MN

How to have Real Estate Success in a down market

Look, there is no magic trick to being a successful Real Estate Agent. Winning agents in a down market don’t make excuses, they make the sales calls they need to make to generate new business. Partnering with a successful and motivated Loan Officer and Lender enhances your success. Watch this motivational clip by Joe Metzler of Cambria Mortgage, St Paul, MN

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Fannie Mae HomePath offers 3.5% in closing costs (temporarily)

Fannie Mae temporarily offers 3.5% in closing cost incentive to home buyers purchasing a Fannie Mae HomePath eligible foreclosed home.

But wait,  beware of the small print… this is a limited time special incentive offer…. Watch to learn more

Cambria Mortgage is a HomePath Lender in the Minneapolis and St Paul area, and for all of Minnesota and Wisconsin.

Search for HomePath Homes in MN and WI

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Grow Your Real Estate Business for Free if you know the secret

MN Real Estate Agents, Are you closing deals, making money, and growing your business, or are you killing your future business.

Learn how to grow your business with the right attitude and the right mortgage lending partners.