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2007 Mortgage-Servicing Company Rankings - Top 20

Mortgage-Servicing Company Rankings based on market share according to USA Today's article for 2007:

1. Countrywide Financial 16%

2. Wells Fargo 16%

3. Citi Mortgage 8.7%

4. Chase Home Loans 8.4%

5. Washington Mutual 6.8% (dropped -12%)

6. Bank of America 5.6%

7. Residential Capital (GMAC) 4.9%

8. IndyMac Bancorp 2.2%

9. Wachovia 2.1%

10. National City Mortgage 2.0%

11. PHH Mortgage 1.8% (Coldwell Banker Mortgage, ERA Mortgage, C21 Mortgage, etc.)

12. SunTrust Mortgage 1.6%

13. US Bank Home Mortgage 1.3%

14. Aurora Loan Services 1.2%

15. First Horizon Home Loans 1.2%

16. EMC Mortgage 1.0%

17. Dovenmuehle Mortgage .8%

18. HSBC Mortgage .7%

19. BB&T .7%

20. Morgan Stanley .7%

In case you were wondering how we stack up!

Call me so we can help you and so we can grow our business!

Sam Thompson,  PHH Mortgage

Senior Advisor - Helping you GROW your business!

www.activerain.com./luckydog1 - SC

www.activerain.com/luckydog2 - NC

http://samthompson.phhmortgage.com/

www.myphhmortgageadvisor.com/

 

2 comments • Sam Thompson • June 26 2008 09:02AM

Electronic Post Card Campaign! Cheap way to drive business to your site.

 

I just got a promotional email with a postcard graphic that gave me an idea.  Why not do this with your listings?  Have a link to your website and show them more pics while you are at it!

Sam Thompson,  PHH Mortgage

Senior Advisor - Helping you GROW your business!

www.activerain.com./luckydog1 - SC

www.activerain.com/luckydog2 - NC

http://samthompson.phhmortgage.com/

www.myphhmortgageadvisor.com/

 

1 comment • Sam Thompson • June 26 2008 08:29AM

Taking pictures for your listings! Get it right-professionally, for your biz!

 

lightscameraaction 
Since over 80% of the homebuyers are searching the internet and probably 100% of the higher-end buyers looking at the bigger houses, you need to make sure your photos on the Internet are perfect!  All of this begins with a good camera and great lighting.
 
Also, you can stage the room for a better presentation and make sure it is de-cluttered too.  A dining room table set with plates and candles will really set off a dining room!
 
You are a professional so professional photos should be part of your service!  Your images should 'pop' off the page to emotionally charge your viewers so they are more likely to remember the home and more likely to share it with others.
 
Think about investing in a good digital camera with great resolution and some lighting stands.  You can even take a class in this and make this one of your selling points in your listing presentations.
 
Another tip I got from talking to a photographer was to use a step ladder and take your photos of a room looking down to make them turn out better.
 
Along with making a better online presentation, if you make a big production out of this with the seller's help, the seller is going to be bragging on you and they'll even be bragging on the way the pictures turned out.  Both of these are helping you win more buyers and sellers once your reputation for taking additional time with your photos gets out.  The attention to the details are so important in being as good as you can be professionally in real estate.
 
If your house has up-lighting in the landscaping, make sure to take a photo at night too.  Look for ways to showcase your home and make it the best it can be so it will sell fast!
 
Think about working with a professional photographer on a big listing to really get some great pics for your nicer listings and get them to teach you how to do it better for yourself too.
 
If prospects don't like the way the house looks in print or online, they'll never call in on it, right?  So, why not take more time on this for your sellers and for your future business!
 
Anything you do to set yourself and your listing apart from the others will help you sell yourself and your listings faster.
 

Sam Thompson,  PHH Mortgage

Senior Advisor - Helping you GROW your business!

www.activerain.com./luckydog1 - SC

www.activerain.com/luckydog2 - NC

http://samthompson.phhmortgage.com/

www.myphhmortgageadvisor.com/

 

8 comments • Sam Thompson • June 22 2008 11:22PM

Sidewalk Prospecting!

You will love this!  While waiting to get into a real estate office last week (I was early), I struck up a conversation with someone walking by carrying some papers.  After some small talk, I asked her if she owned a home in the area...  Turns out she needed to refinance her home.
 
After some more small talk, she invited me into her office to take her application and now she is pre-approved, registered in a 30 yr fixed FHA loan and very happy!  Also, she put me in contact with another person in her office and they are going to call me too!
 
Moral of the story, ask questions to everyone you meet and you might get a referral!
 
Another moral, call me with your refi leads so we can make them happy too!  And, for realtors, we have special low rates like we have for active military personnel!  We love our Real Estate Agents!

 

Sam Thompson,  PHH Mortgage

Senior Advisor - Helping you GROW your business!

www.activerain.com./luckydog1 - SC

www.activerain.com/luckydog2 - NC

http://samthompson.phhmortgage.com/

www.myphhmortgageadvisor.com/

 

4 comments • Sam Thompson • June 22 2008 11:20PM

Fine Dining Prospecting!

Peace to you too! 
 
Do you have any family or friends that work in fine dining restaurants?  Do you have a good relationship with some folks at some restaurants that you eat at frequently?  Well, do they know how important direct referrals are to your business?
 
Here's the main question; do any of these restaurants have real estate books in them?
 
If they do, then, those are the ones that have potential to be a goldmine of referrals for you!
 
Just let your referral source know that you would love to help anyone that they see looking through the real estate books or talking about buying or selling a house while waiting for a table or waiting for their food to come.  Just say, "If you ever see a customer looking through a real estate book or hear them talking about real estate, please mention my name and ask them to call me for a great realtor choice!  I love referrals!"  Don't assume your friends know this. 

I recently hear a broker say his neighbor and good friend listed his home with another realtor and when he asked him why, he said that he did not think he wanted to list it for him.  Both knew about the impending move and either made the first move... Since the seller never got a call about listing it from the broker, he picked up the phone and called another agent thinking the neighbor didn't want to intrude or to be bothered...  You know what they say about assuming things!
 
Anyway, back to the restaurant sources; these guys can be your best referral sources for years to come if you will take the first step and talk to them!!
 
Also, in addition to asking for referrals, make sure to give them plenty of your business cards too!  You can even write a note on the back to remind them "thanks for the referral!"

One last thought on this.  Remember that if you get any leads from this source, they are likely to be a better quality lead because they can afford to eat at a fine dining restaurant.  The finer the restaurant, the better!!
 

Sam Thompson,  PHH Mortgage

Senior Advisor - Helping you GROW your business!

www.activerain.com./luckydog1 - SC

www.activerain.com/luckydog2 - NC

http://samthompson.phhmortgage.com/

www.myphhmortgageadvisor.com/

 

1 comment • Sam Thompson • June 15 2008 09:51PM

The tide is turning! - The buyers are back! Spread the Word.

 

The Buyers Are Back!

The 41% May home sales increase in the Northeastern US affirms what the experts say, that the housing market bottomed at the end of April.  The National Association of Realtors' (NAR) pending home sales index increased 5.2 percent in April.  It is the highest pending home sales index since October 2007.  The U.S. Census Bureau reported an 8.2 percent increase in overall housing starts for April.

Warren Buffet, respondents of the American Express Wealth in America survey and the Wall Street Journal (WSJ) all said, now is the time to buy.

Sharp home sales price reductions and reasonable mortgage rates have resulted in bargain hunters entering the market en masse, especially in areas that had double-digit price declines, said Lawrence Yun, chief economist for the NAR.

The WSJ said because the inventory of available housing is falling and should be around five months in the first quarter of '09, prices and sales should rise. 

Check out this Report - Click Here

Now's the time to get out and let your folks know that the time for waiting is over and time to act is now!  Use these statistics and quotes in your emails and ads and promote, promote, promote!

 

Sam Thompson,  PHH Mortgage

Senior Advisor - Helping you GROW your business!

www.activerain.com./luckydog1 - SC

www.activerain.com/luckydog2 - NC

http://samthompson.phhmortgage.com/

www.myphhmortgageadvisor.com/

 

5 comments • Sam Thompson • June 15 2008 09:45PM

Here's a Hot Idea for You!

 

 It is soooo HOT!!  It is too hot to be outside unless you are in a pool and that gave me an idea for you.   Why not sponsor a "Customer Appreciation Pool Party"?  Just find a pool that would be appropriate and call several service providers to help sponsor it and send out invitations to all of your past clients from several years back.  Make sure to invite any current clients too!    This will be a great way to beat the heat and have a lot of fun too, networking with past customers, service providers and current clients.  

poolparty1

  Talk your BIC into doing one for the whole office to really make this successful!  If you make it a big event, you can even promote it in your print ads and on the radio, etc., to help you draw in new prospects as well.  This will let the public know that your office has fun and they reward clients too.   At the party, you could have children and adult water games, music, volleyball and refreshments as well as a hotdog and hamburger cookout.  For offices that support my business, call me so I can help with this idea too.  I love pool parties, especially when it is 104 degrees outside like they are calling for this weekend!

Sam Thompson,  PHH Mortgage

Senior Advisor - Helping you GROW your business!

www.activerain.com./luckydog1 - SC

www.activerain.com/luckydog2 - NC

http://samthompson.phhmortgage.com/

www.myphhmortgageadvisor.com/

 

 

10 comments • Sam Thompson • June 08 2008 05:34PM

Jump out of your bowl and try us!

 

 

Hey Realtors!

I was inspired by Nemo's great escape from his bowl while watching his movie yesterday and thought I would challenge you to make the big jump too from whoever you are using to PHH MORTGAGE! 

I know our market and how to get buyers pre-approved and closed and if you ask your prospects to call me, I'll build rapport with them and promote YOU and help you even more.

The summer is here and now's the time to get out and pick up some buyers so call me so I can help YOU!

CALL ME!

Sam Thompson,  PHH Mortgage

Senior Advisor - Helping you GROW your business!

www.activerain.com./luckydog1 - SC

www.activerain.com/luckydog2 - NC

http://samthompson.phhmortgage.com/

www.myphhmortgageadvisor.com/

 

0 comments • Sam Thompson • June 08 2008 05:30PM

How hot is it in NC? - Check this out.

I just heard a story that it is so hot that the suspension bridge going into Wrightsville Beach in Wilmington has expanded to the point that they have to cool it with water so it will open and close properly with the excessive temperatures.  They say this has happened with other bridges but never with this one.  What next?

Here's the link to the story I found on the web.

 http://www.starnewsonline.com/article/20080607/ARTICLE/806070323/0/LETTERS

Sam Thompson,  PHH Mortgage

Senior Advisor - Helping you GROW your business!

www.activerain.com./luckydog1 - SC

www.activerain.com/luckydog2 - NC

http://samthompson.phhmortgage.com/

www.myphhmortgageadvisor.com/

 

4 comments • Sam Thompson • June 08 2008 05:09PM

NC Town List - For your Website Promotions

 Here's a list of NC cities and towns to help you in your capture rate with your website for NC visitors. 

North Carolina small towns include: Advance Ararat Belews Creek Bethania Boonville Clemmons Cleveland Cooleemee Danbury Dobson East Bend Germanton Hamptonville King Lawsonville Lewisville Lowgap Madison Mayodan Mocksville Mount Airy White Plains Pfafftown Pilot Mountain Pine Hall Pinnacle Rural Hall Sandy Ridge Siloam Stoneville Toast Tobaccoville Walkertown Walnut Cove Westfield Woodleaf Yadkinville Winston Salem Alamance Altamahaw Asheboro Bear Creek Bennett Biscoe Blanch Bonlee Browns Summit Burlington Bynum Candor Cedar Falls Cedar Grove Climax Colfax NC Cumnock Denton Eagle Springs Efland Elon Ether Franklinville Gibsonville Goldston Graham Gulf Haw River Highfalls High Point Hillsborough Jackson Springs Jamestown Julian Kernersville Eden Leasburg Lexington Liberty Linwood Mc Leansville Mebane Milton Mount Gilead Oak Ridge Pelham Pittsboro Pleasant Garden Prospect Hill Providence Ramseur Randleman Reidsville Robbins Ruffin Sanford Saxapahaw Seagrove Sedalia Semora Siler City Snow Camp Sophia Southmont Staley Star Stokesdale Summerfield Swepsonville Thomasville Trinity Troy Wallburg Welcome Wentworth West End Whitsett Yanceyville Greensboro Angier Apex Bahama Benson Broadway Buies Creek Bullock Bunn Butner Carrboro Cary Chapel Hill Clayton Coats Creedmoor Four Oaks Franklinton Fuquay Varina Garner Goldsboro Henderson Holly Springs Hurdle Mills Kenly Kipling Kittrell Knightdale Lillington Louisburg Macon Mamers Manson Micro Middleburg Middlesex Moncure Morrisville New Hill Norlina Oxford Pine Level Princeton Ridgeway Rolesville Rougemont Roxboro Selma Smithfield Stem Stovall Timberlake Townsville Vaughan Wake Forest Warrenton Wendell Willow Spring Wilsons Mills Wise Youngsville Zebulon Raleigh Durham Rocky Mount Aulander Aurora Bailey Bath Battleboro Belhaven Bellarthur Bethel Black Creek Blounts Creek Castalia Chocowinity Como Conetoe Conway Edward Elm City Enfield Engelhard Everetts Fairfield Falkland Farmville Fountain Fremont Garysburg Gaston Greenville NC Grimesland Halifax Hamilton Hassell Henrico Hobgood Hollister Jackson Jamesville Kelford Lewiston Woodville Littleton Lucama retirement communities NC, Macclesfield Margarettsville Milwaukee Murfreesboro Nashville Oak City Pantego Parmele Pendleton Pikeville Pinetops Pinetown Pleasant Hill Potecasi Red Oak Rich Square Roanoke Rapids Robersonville Roxobel Saratoga Scotland Neck Scranton Seaboard Severn Sharpsburg Simpson Sims Speed Spring Hope Stantonsburg Stokes Swanquarter Tarboro Tillery Walstonburg Washington Weldon Whitakers Williamston Wilson Woodland Elizabeth City Ahoskie Avon Aydlett Barco Belvidere Buxton Camden Cofield Coinjock Colerain Columbia Corapeake Corolla Creswell Currituck Durants Neck Edenton Eure Frisco Gates Gatesville Grandy Harbinger Harrellsville Hatteras Hertford Hobbsville Jarvisburg Kill Devil Hills Kitty Hawk Knotts Island Manns Harbor Manteo Maple Merry Hill Moyock Nags Head Ocracoke Plymouth Point Harbor Poplar Branch Powells Point Powellsville Rodanthe Roduco Roper Salvo Shawboro Shiloh South Mills Stumpy Point Sunbury Tyner Wanchese Waves Windsor Winfall Winton Albemarle Alexis Ansonville Badin Barium Springs Belmont Bessemer City Boiling Springs Bostic Caroleen Casar Cherryville China Grove Cliffside Concord Cornelius Cramerton Crouse Dallas Davidson Denver Earl East Spencer Ellenboro Faith Fallston Forest City Gastonia Huntersville Gold Hill Granite Quarry Grover Harris Harrisburg Henrietta High Shoals Indian Trail Iron Station Kannapolis Kings Mountain Landis Lattimore Lawndale Lilesville Lincolnton Locust Lowell Mc Adenville Mc Farlan Marshville Matthews Midland Mineral Springs Misenheimer Monroe Mooresboro Mooresville Morven Mount Holly Mount Mourne Mount Pleasant Mount Ulla Newell New London Norwood Oakboro Paw Creek Peachland NC Pineville Polkton Polkville Richfield Rockwell Rutherfordton Salisbury Shelby Spencer Spindale Stanfield Stanley Troutman Union Mills Vale Waco Wadesboro Waxhaw Wingate Charlotte Fayetteville Fort Bragg Pope A F B Aberdeen Autryville Barnesville Bladenboro Bunnlevel Calypso Cameron Carthage Clinton Cordova Cumberland Dublin Dudley Dunn Elizabethtown Ellerbe Erwin Fairmont Faison Falcon Gibson Godwin Hamlet Hoffman Hope Mills Kenansville Lakeview Laurel Hill Laurinburg Lemon Springs Linden Lumber Bridge Lumberton Marietta Marston Maxton Mount Olive Newton Grove Norman Olivia Orrum Pinehurst Parkton Pembroke Pinebluff Proctorville Raeford Red Springs Rex Rockingham Roseboro Rowland Saint Pauls Salemburg Shannon Southern Pines Spring Lake Stedman Tar Heel Turkey Vass Wade Wagram Warsaw White Oak Wilmington Ash Atkinson Bolivia Bolton Brunswick Burgaw Carolina Beach Castle Hayne Cerro Gordo Chadbourn Clarendon Clarkton Council Currie Delco Evergreen Fair Bluff Garland Hallsboro Hampstead Harrells Holly Ridge Ivanhoe Kelly Kure Beach Lake Waccamaw Leland Longwood Magnolia Maple Hill Nakina Riegelwood Rocky Point Rose Hill Shallotte Sneads Ferry Southport Supply Tabor City Teachey Oak Island Wallace Calabash Sunset Beach Ocean Isle Beach Whiteville Willard Winnabow Wrightsville Beach Kinston Albertson Alliance Arapahoe Atlantic Atlantic Beach Ayden Bayboro Beaufort Beulaville Bridgeton Cedar Island Chinquapin Comfort Cove City Davis Deep Run Dover Ernul Gloucester Grantsboro Grifton Harkers Island Havelock Cherry Point Hobucken Hookerton Hubert Jacksonville Camp Lejeune Tarawa Terrace Midway Park Mccutcheon Field La Grange Lowland Marshallberg Maury Maysville Merritt Morehead City New Bern Newport Oriental Pink Hill Pollocksville NC Richlands Salter Path Sealevel Seven Springs Smyrna Snow Hill Stacy Stella Stonewall Swansboro Trenton Vanceboro Vandemere Williston Winterville Emerald Isle Hickory Banner Elk Blowing Rock Boomer Boone Catawba Claremont Collettsville Connellys Springs Conover Creston Crossnore Crumpler Deep Gap Drexel Elkin Elk Park Ennice Ferguson Statesville Fleetwood Glade Valley Glen Alpine Glendale Springs Granite Falls Grassy Creek Lenoir Harmony Hays Hiddenite Hildebran Hudson Jefferson Jonas Ridge Jonesville Lansing Laurel Springs Linville Linville Falls Mc Grady Maiden Millers Creek Minneapolis Montezuma Moravian Falls Morganton North Wilkesboro Newland Newton Olin Patterson Pineola Piney Creek Plumtree Purlear Icard Rhodhiss Roaring Gap Roaring River Ronda Rutherford College NC Scottville Sherrills Ford Sparta State Road Stony Point Sugar Grove Taylorsville Terrell Thurmond Todd Traphill Turnersburg Union Grove Valdese Valle Crucis Vilas Warrensville West Jefferson Wilkesboro Zionville Scotts Alexander Almond Arden Bakersville Balsam Balsam Grove Barnardsville Bat Cave Black Mountain Brevard Bryson City Burnsville Candler Canton Cashiers Cedar Mountain Cherokee Chimney Rock Clyde Columbus Cullowhee Dana Dillsboro East Flat Rock Edneyville Enka Etowah Fairview Flat Rock Fletcher Fontana Dam Franklin Gerton Glenville Glenwood Hazelwood Hendersonville Green Mountain Highlands Horse Shoe Hot Springs Lake Junaluska Lake Lure Lake Toxaway Leicester Little Switzerland Lynn Maggie Valley Marion Marshall Mars Hill Micaville Mill Spring Montreat Mountain Home Naples Nebo Old Fort Otto Penland Penrose Pisgah Forest Ridgecrest Robbinsville Rosman Saluda Sapphire Scaly Mountain Skyland Spruce Pine Swannanoa Sylva Topton Tryon Tuckasegee Tuxedo Waynesville Weaverville Webster Whittier Zirconia Asheville Andrews Brasstown Culberson Hayesville Marble Murphy Warne

Sam Thompson,  PHH Mortgage

Senior Advisor - Helping you GROW your business!

www.activerain.com./luckydog1 - SC

www.activerain.com/luckydog2 - NC

http://samthompson.phhmortgage.com/

www.myphhmortgageadvisor.com/

 

2 comments • Sam Thompson • June 08 2008 04:56PM