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Hi Gang,
Between us all I imagine we’ve got the entire wholesale and retail lending universe covered; but alas, I alone do not. If you have guideline changes, announcements from banks, or other interesting tidbits of information send them my way.
I’ve created a new email address for you: tips@blownmortgage.com
When banks change guidelines, eliminate or add products or simply send out stuff that makes you scratch your head send them to us.
100% privacy guarantee - In over a year of blogging I have always kept the privacy of my readers in the highest confidence and will continue to do so. If you’d rather get some publicity I’m happy to oblige as well. Just let me know.
I’ve got my google alerts, marketwatch alerts, feed reader, my old email address that gets rate sheets and product changes, and favorite tipsters, but I’m looking to know more and you’re the perfect people to help. So send whatever you’ve got to tips@blownmortgage.com and help keep the knowledge flowing.
- Morgan
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Hi Gang,
On Saturday I’m headed to Mexico via a nice cruise from San Diego down to Mazatlan, Cabo, et al. I’ll be gone about 10 days. I’m trying to load up some posts in the meantime, but I would love some guest posts while I’m gone.
I’ll open it up to any Blown Mortgage reader. Hit me up with an email with your post and I’ll queue it up while I’m gone. Put your name, business and a link at the bottom so you get some props for your work.
Last year when I went on vacation I had the good fortune of having some amazing guest posts and I’m hoping that luck finds me again for this brief respite.
All submissions considered, but I of course retain final editorial control. Thanks for caring and reading. You guys rock.
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I’ve been making a few changes around Blown Mortgage today, the biggest of which is upgrading to the new WordPress 2.5 release. I’ve also added links to my:
Friend me up if you feel like it (h/t GaryVee). Blown Mortgage isn’t anything with out you guys, so since we’re friends already we might as well make it official.
I also added Eco-Safe, which is an app that lets you email a copy of a page on the site or save it as a PDF instead of printing it out. So if you like and article or page please use the links in the right-hand sidebar and we can save a sheet of paper or two.
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Hey gang - just a big thank you for the 1,500 of you who have Blown Mortgage in your feed reader. I remember back when I had 1 and it was me. I am humbled that another 1,499 decided that what Blown Mortgage has to say is worthy of a spot in their readers as well. So thank you graciously. It means a lot to yours truly.
I have another big announcement to make. I’m leaving the mortgage industry. I’ve been offered the opportunity to be the director of marketing for a company up in the Bay Area and I’ve accepted the position. I’m super-excited at the new opportunity. Ironically, I got the job because of this blog.
I am excited because as many of you know I was not a pure originator, but mainly a back-office, marketing, operations guy and since there hasn’t been a need for a big marketing campaign I’ve been doing mostly originations, QC and compliance and HR stuff - which is not my idea of a fun day. See my “About” page for a litany of what I’ve been responsible in the past.
The blog will live on. I still have access to all the information, emails, insight, etc. So you can expect the news and updates from the front lines as usual. I’ve actually ensured that I’ll have access to the notices, etc. out to the origination community to be sure I’ll be on top of everything.
So thanks to everyone for reading, I hope you continue to do so; and I wish all of my readers good luck.
If you’re angry, or a “hater” go ahead with all of the “you couldn’t hack it comments” or other vitriol you feel like throwing at me; you’re more than welcome to do so in the comments section of this post.
– Morgan

photo credit: Gustavo (lu7frb)
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Hi folks,
I’m in NYC today and Dallas tomorrow at a pair of talks. I’ll hopefully have some news tonight and some analysis of the new Fannie and Freddie new jumbo-conforming mortgages when I get settled.
Morgan
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I just wanted to take a minute to say thank you to those that have contributed to Blown Mortgage over the last couple of months. Tom, Chris, Graeme, Matthew, Ricardo and Sean. I greatly appreciate your effort, expertise and insight that you have brought to Blown Mortgage. Thank you deeply for your support and contributions.
I have decided to turn Blown Mortgage back to a one-man band after a trial run at multi-contributors. It wasn’t for anything other than a selfish interest on my part to feel reconnected with the Blown Mortgage crew. I felt too disconnected without any need to contribute that often, check back on conversations, or other. Essentially I was letting the blog and you all down.
To fix it I had to bring it back to the form when it inspired me most - when it was a sounding board for what I thought about the industry. So here we are again.
Thank you so much to the contributors mentioned above. Without them there is no telling where Blown Mortgage would be and I appreciate their contributions immensely.
Humbly,
Morgan
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As if you haven’t noticed lately I’ve eschewed rapid-fire news updates in favor of less frequent, more in-depth thought pieces. I figure you can read the news anywhere; but maybe I have a gem or two in my head that may add some color to the landscape.
However, I have a nagging urge to report the news as it breaks. I feel I owe it to you all. I just don’t have the time to review, quote and comment here now or in the foreseeable future.
Enter Twitter. If you are unfamiliar with Twitter ask your kids. They’ll tell you that it’s the latest in short-form communication that’s been hot with the Web 2.0 crowd for the last year.
If you want a stream of news updates on the mortgage industry (and some random thoughts from yours truly) follow me on Twitter at: http://twitter.com/morganb
You’ll get the links to the top headlines with a few words of thought. Much better than nothing.
WARNING: You’ll get some random football updates, thoughts on Facebook and more but primarily mortgage stuff will be flowing your way.
Hat tip to Brian Brady for the idea.
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The Mortgage Lender Implode-O-Meter announced today the settlement of the lawsuit filed against them by the Loan Center of California. This is great news for all bloggers who have sought to tell the truth while covering the mortgage industry implosion. When the lawsuit was first announced many bloggers (including myself) wondered aloud about the stability of blogging about real issues in a litigious environment. And while I always thought the suit was frivolous; this settlement is welcome news to all of us who have covered the mortgage morass.
Aaron over at the site makes a good point that it is still frightening that the suit was not thrown out under Anti-SLAPP legislation; but nonetheless the settlement brings to an end the tenuous stand-off between LCC and the leading site covering the mortgage implosion.
As is made clear by the costs we faced in the suit, providing a forum for whistleblowing and debate on critical contemporary issues remains a risky and expensive proposition. It is virtually “death upon challenge” for any individual or small-scale operation. It is thus unclear to us why anyone would ever get involved in such an enterprise if they truly understood the peril they were placing themselves in. We certainly would not have, if we knew then what we know now.
Congrats Aaron for settling without litigation and may you (and all of the other bloggers) continue to be protected in the coverage of the mortgage meltdown.
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Today we welcome Tom Vanderwell as a new contributor to the growing Blown Mortgage team of writers. I’ll let Tom tell you all about his background; but with more than 20 years in the business I’m looking forward to his insights here.
Welcome aboard Tom!
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