January 5th, 2009
post by Sam Collins
I considered today the first day of 2009. We were busy with adding our latest new benefit for our REMALO Members, called the Seniors Right to Know Network web site.
This new web site, http://www.SeniorsRightToKnow.org is specifically an added benefit for REMALO members who want to get their free listing on our consumer oriented web site.
The goal for the Seniors Right to Know Website is to provide information about reverse mortgages to seniors. Our network of members will provide the information the senior has requested and follow up with them to see if they require more guidance or if they may be interested in moving forward.
All members agree to a strict Code of Ethics and the highest professional standards when dealing with seniors who inquire about information.
The response today from members was overwhelming, as many of you took advantage of this great new feature.
If you are not a REMALO member you will want to consider joining, to receive this additional benefit and much, much more.
Start off 2009. This exclusive benefit available only to REMALO members. To join: Click Here.
Remember, keep moving forward to stay ahead in reverse.
Tags: Added Benefit, Advantage, Code Of Ethics, Guidance, Members, Network Web, New Feature, New Members, Oriented Web, Professional Standards, remalo, reverse mortgages, Sam Collins, Seniors, Site Web, Strict Code
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January 4th, 2009
post by Sam Collins

What is your biggest challenge for 2009?
Your challenge may be more free time for you and your family, reduce your operating expenses, develop a referral program, expand your network, join a club or chamber, do more direct mail, get a web site, hold a annual celebration for your current data base, get organized, get your data base working for you, subscibe to a new member organization, attend a conference, and the list goes on and on.
Of course all of these challenges are mute unless you have a direction or a game plan to score the results you desire. Check out my “Back to Work” blog to list your accomplishments for 2008 and goals for 2009.
Our goal here at REMALO is to make sure we provide you with tools and information to help you be more successful. However, we need your help to insure we provide you with the tools you need. Please take a minute and let me know your comments as to your biggest challenge for 2009.
Note: new content on www.remalo.org to help you with 2009.
Remember, keep moving forward to stay ahead in reverse.
Please add your comments
in the Leave a Reply below->
Tags: Celebration, Challenges, Current, Data Base, Direct Mail, Direction, Free Time, Game Plan, Member Organization, New Member, Operating Expenses, Referral Program, Reply, reverse mortgage, Sam Collins, Score
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January 1st, 2009
post by Sam Collins
It’s official, 2009 is here and there is no looking back. 2009 brings the hope and vitality of a new beginning. New dreams, new goals, and new challenges will mark the beggining.
Today is a great day to take time out of your day and review 2008:
Top 5 accomplishments in 2008:
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5.
Top 5 things not accomplished in 2008:
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5.
Next, don’t fret too much over what happened. The mark of success and winners in life are those who can adapt, learn from their mistakes, and move forward with a positive attitude and willingness to change.
Make a list of your top 5 Daily and Yearly goals for 2009:
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2.
3.
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5.
After making your list of the top fab 5, post them where you can see them on a daily basis. These posts will serve as a gentle reminder of your committment to attain your goals for 2009. Most goals made are similar to making New Year’s Resolutions , and as common, most resolutions have immediate actions, yet as time goes by the resolutions disappear and actions demonstrated in the past continue. Obviously, it is important to continue things that have worked for you in the past, however, future success will be dependent on change. As we have witnessed this past year, you can be assured our industry will continue to evolve.
Good luck with your goals and your success for 2009.
Remember, keep moving forward to stay ahead in reverse.
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December 30th, 2008
post by Sam Collins
It won’t be long now. In a couple more days we will turn over the chapter on 2008 and head into a new beginning in 2009. This year has been challenging for all facets of the financial world. I have had the pleasure of speaking with many of you to try to get your feedback on the past year. The general consensus was that many of you have had a great year and exceeded your goals, yet many were disappointed in their numbers for 2008.
The biggest concern seems to be that many of our senior clients are reluctant and lack confidence in the general state of the economy. This mental apathy leads itself to create an even slower sales cycle than normal. The other concern is attaining enough leads to keep our pipelines full to the point where we can create a steady flow of income. These two challenges should be your top focal points for the coming year.
Lead strategies, proven marketing programs and creative - stick to it plans will be the focus for me and my coaching members for the 2009. Our goal will be to stick to our ‘knitting’, by working on our business, unearth opportunities and capitalize on every possible item, paying closer attention to the person we see in the mirror every morning, and emphasize that we will deliver more value than is expected to our clients, by thinking outside of the box. Measure twice and cut once. We want to measure everything we do to make sure it is bringing bottom line results.
Despite the economy you must commit to invest. Investing in both time and money to work smarter and use the tools we have at our disposal. Look at what has happened to technology. It still amazes me when I speak with an originator and they say they do not have a web site. Why not? Today, it is virtually impossible not to have a web site and the prices are so low, what is stopping you. The solutions are many and you see how affordable it really is at this site, click here. Some say, the company has a web site, I don’t need one. If you don’t mind, I disagree. Reverse mortgages are all about you and your relationships you build with your clients. Obviously, you want to check with your company to insure you are in compliance.
OK, I wish you all a healthy and happy New Year’s for 2009.
Remember, keep moving forward to stay ahead in reverse.
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December 29th, 2008
post by Sam Collins
January 1, 2009 is the effective date to get your HECM purchases started. I have spoken to several originators who already have some purchases in the works and just waiting for the effective date.
HUD issued some guidance with mortgage letter 2008-33. Here is the link to give you more detail..
http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/files/08-33ml.doc , it is also posted on REMALO, Mortgagee Letters.
HUD also is a getting its counselors on board with the new program. To see a power point of the training program HUD put together for its counselors, go to the REMALO home page, it is a featured article.
Also, if you visit the home page of REMALO, you can hear the audio portion Q & A posed by HECM couselors during their training session, it is posted under “Member Resources”, “Audios”.
For more information on purchases, check out REMALO home page, “Government Resources”, then
“FHA” open the file and go to ” HUD develops Q & A for Purchases”, page
Keep a look out for my new “HECM” purchase program for you to present to your Realtors. Expected completion for you in early January. If interested in advance copy, I am offering 50% off for first 10 originators, email me sam@remalo.org Just leave me your contact info and say “OK Sam”.
Remember, keep moving forward to stay ahead in reverse.
Tags: Counselors, Featured Article, FHA, Government Resources, HUD, January 1, Mortgagee Letters, Realtors, remalo, REMALO Blog, REVERSE MORTGAES, reverse mortgage associaiton for loan officers, Sam Collins
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