Comments on: Zillow Launches On-Line Mortgage Rate Quotes

By: Zillow Launches On-Line Mortgage Rate Quotes

Zillow Launches On-Line Mortgage Rate Quotes — Sun, 27 Apr 2008 19:17:57 +0000

[...] tamny wrote an interesting post today onHere’s a quick excerptEarlier this month I wrote about Zillow stepping into the mortgage rate quote arena…well tonight’s the big night. They are scheduled to launch at 9 pm PST. I’m honored to have been included as one the mortgage professionals to review … [...]

By: Rhonda Porter

Rhonda Porter — Tue, 08 Apr 2008 01:04:37 +0000

Jillayne, it’s been 4 days since your rate quote and a request for a bona fide GFE from the lender at ZM…any luck?

By: Rhonda Porter

Rhonda Porter — Tue, 08 Apr 2008 01:03:03 +0000

I never cared to work with WaMU…I managed to send one loan to them over my mortgage career. I prefer lenders we have a correspondent relationship with. These are interesting times.

By: Roger Ingalls

Roger Ingalls — Mon, 07 Apr 2008 23:57:28 +0000

WAMU just announced that they are pulling out of the wholesale channel.

Last day to submit April 10th, must fund by June 16th.

This is just too sad….they were a good wholesale lender.

By: The Odysseus Medal competition — Voting for the People’s Choice Award is open | BloodhoundBlog: Real estate marketing and technology blog | Realtors and real estate, mortgages, lending, investments

Sun, 06 Apr 2008 19:18:22 +0000

[...] Here is this week’s short-list of Odysseus Medal nominees: Rhonda Porter, Zillow Launches On-Line Mortgage Rate QuotesGina Gardner, Dog Eat Dog: Zillow Mortgage Reflects National Trends in SellingBrian Brady, Zillow Mortgage Marketplace: One Way Transparency Like A Bad Online Dating SiteDan Melson, Zillow’s New Mortgage Quote ForumSean Purcell, Zillow Mortgage: I’m Still Looking for the Yellow Brick RoadTrace Richardson, 11.5 Reasons Why the Zillow Mortgage MarketPlace Will Not Work in its Current Form and Will Likely Move to Exclude Most Lenders in the FutureJeff Corbett, Zillows Mortgage Community. The Consumer is Ready, But is The Mortgage Professional?Jeff Corbett, Zillows Mortgage Community, On The Cusp of an Anonymous Transparent Credit and Personal Information eXchange Between Mortgage Professionals and Consumer, to Create a Highly Trusted Mortgage Transaction CommunityRhonda Porter, Zillow’s On Line Mortgage Leads: Is It For You?Wade Young, Zillow Marketplace: My ConcernsTodd Carpenter, Zillow Mortgage Marketplace launches. What it means to consumers and loan originators.Brian Brady, Zillow Mortgage Bourse: How To Acquire Long-Term ClientsTodd Carpenter, I don’t have time for any salesmen, I have a war to fight. Yes, it’s another freaking post about Zillow.Morgan Brown, Zillow Mortgage Launches – How do you rate? [...]

By: Chris Worsley

Chris Worsley — Sat, 05 Apr 2008 01:38:57 +0000

Hello Jillayne,

As to comments #7 & #10, surviving spring break, did you try interesting your teenage charges in the project of mailing dollar bills back and forth to Mount Vernon?

Sincerely,

Chris

By: Jillayne Schlicke

Jillayne Schlicke — Sat, 05 Apr 2008 00:13:46 +0000

Hi Rhonda,

No, nothing yet.

By: Rhonda Porter

Rhonda Porter — Fri, 04 Apr 2008 23:31:17 +0000

Jillayne, did you get your GFE? If your ZMLO was gambling the rate on the jobs report, they did well. The industry is full of rate gamblers.

By: Rhonda Porter

Rhonda Porter — Fri, 04 Apr 2008 23:30:15 +0000

Roger, I look forward to what you think…I think “game” is an appropriate term. Brian Brady did a good post over at BHB regarding “not wanting to be first” to make an offer…I totally relate and I don’t see myself being a “player”. I even unsubscribed from email updates of new “leads”. It’s a huge time commitment to play the Zillow mortgage game and I’d rather dedicate my time and efforts to my bona fide clients.

Please let us know what you think after you visit.

By: Roger Ingalls

Roger Ingalls — Fri, 04 Apr 2008 23:16:17 +0000

Lax:

Because lenders want to make the largest profit they can.

There’s is insufficient incentive to offer the LOWEST rate up front.

I’ll go play the Zillow game soon. Thanks for sharing.