Real Finance Solutions Blog

Real Finance Advocate (cRFA) Certification Intro

2010-10-13T08:37:00.000-07:00

We had a great group of real estate professionals at the Eastern Panhandle Board of Realtors in Martinsburg, WV this month. Twenty agents and five brokers are now certified as Real Finance Advocates (cRFA).

It's time to get the word out that there are a lot of honest, ethical real estate professionals in the business that are willing to step up and "stand guard for consumers" so that they can avoid getting ripped off by predatory business practices.

Click on the link if you would like to know more about the Real Finance Advocate (cRFA) certification program.

Or email Boyd@realfinancesolutions.com to schedule a conference call.

Real Finance Advocate (cRFA) Certification Introduction

2010-10-13T08:36:00.000-07:00

Do You Owe More on Your Home than it Appraises For?

2010-10-11T11:03:00.001-07:00

Are you a Victim of Deceptive Predatory Lending Practices?

Is your Value of your home UPSIDE DOWN?

Find out if you may be a Victim of Mortgage Compliance Violations involving Predatory, Deceptive, Discriminatory and Unfair Lending and Servicing Practices.

These Unfair Lending Practices have placed thousands of HOMEOWNERS all over the United States into Non-Affordable Mortgage Programs.

Programs are now available that can perform a "Mortgage Loan Audit " that will identify multiple State and Federal Loan Transaction violations including, but not limited to, the Real Estate Settlement Procedures Act ("RESPA"), the Truth in Lending Act ("TILA"), the Fair Housing Act and the Equal Credit Opportunity Act ("ECOA") including "significant mortgage compliance violations" involving predatory, deceptive, discriminatory and unfair lending and servicing practices.

Your Mortgage Loan Audit gives leverage directly to Homeowners, Investors, and Borrowers that may have been cheated or taken advantage of by Deceptive Mortgage Brokers, Bankers and Lenders.

Homeowners are being victimized all over the country by Predatory Mortgage Lenders and Banks not acting in regulatory compliance, charging excessive loan fees to borrowers, and in many cases utilizing Fraudulent, Abusive, Discriminatory, Deceptive Lending Practices.

If you suspect that you may be a victim, and were placed into a Non-Affordable Mortgage, paid excessive fees or were taken advantage of by your Lender, principal mortgage reduction attorneys and staff will help give you the leverage needed to fight back against the lenders, this leverage will help get you an affordable resolution offer from the lender based on our documented findings.

In many audit cases, the Debt to Income (DTI) ratio on a loan transaction at time of settlement exceeds 50%, making the loan predatory. In most cases it is found that the Loan Originator inflated your income on the Uniform Residential Loan Application (form 1003).

A new underwriting review of your closed loan transaction can be performed based on your actual gross monthly income average for the two year time period prior to the date of settlement to verify your actual DTI; to determine if in fact you were placed into a Non-Affordable Mortgage Payment Program.

Your mortgage documentation will be reviewed and a Qualified Written Request (QWR) of documented findings can be submitted on your behalf to your Lender including an Addendum relating to servicing related criteria.

The Lender will have 20 business days per RESPA to respond to the written request and 60 business days to resolve/settle this matter.

At Real Finance Solutions one of our Missions is to help Protect the "American Dream of Home Ownership". We work with a principal mortgage reduction company that can offer a no obligation, free initial consultation to homeowners.

We welcome the opportunity to talk with you and to discuss how we may assist in getting you an Affordable Resolution.

For a free consultation email support@realfinancesolutions.com or visit http://boyd.rfsconsultant.com/ and complete the Free Consultation Application for a consultant to contact you.

Up-front MIP Refund Update

2010-10-11T11:00:00.001-07:00

Notice on Up-front Mortgage Insurance Premium Refunds:

Due to the change in up-front mortgage insurance premiums (UFMIP), there may be an opportunity for FHA-to-FHA refinance borrowers to receive cash refunds for unearned MIP premiums that had been financed through their FHA-insured loan. FHA is now reviewing a process to provide the benefit of the unearned MIP to eligible borrowers. FHA will be releasing policy guidance shortly.

Debt Settlement Services

2010-04-30T16:39:00.000-07:00

REAL FINANCE SOLUTIONS New Debt Settlement Services

Click on the link below to read about our new partnership with Debt Zero.

Articles

NOW HIRING!

2009-06-16T09:14:00.000-07:00

NOW HIRING!

ARE YOU READY?

ARE YOU READY to provide real finance solutions to consumers and earn additional income NOW?

ARE YOU READY to build a consulting business that allows you the opportunity to use your talents to help others as you help yourself?

ARE YOU READY to work with a team that is passionate about helping others avoid getting ripped off by predatory lending practices?

ARE YOU READY to manage a nationwide team of consultants and receive bonuses on team production as well as your own?

ARE YOU READY to feel good about who you are and what you do?

ARE YOU READY to find a way to build a nest egg that will allow you to retire the way you have always dreamed of?

If so, we have the Solution!
REAL FINANCE SOLUTIONS is a consumer advocate consulting system that allows you to build a profitable business on a full time or part time basis. Exceptional training provided. We’re ready when you are!

Visit us online

RealFinanceSolutions.com or Email Boyd@RFSweb.net

2009-06-16T07:11:00.000-07:00

What Consumer Sentiment Surveys Mean To Housing Markets
Posted by Ed Holingshead: 16 Jun 2009 08:00 AM PDT
Americans are feeling better about their budgets right now, raising the possibility of a full economic recovery.

According to a University of Michigan and Reuters, Consumer Sentiment rose for the fifth straight month in June.

Consumer Sentiment is now at its highest levels since September 2008, the month in which Lehman Brothers failed, Fannie Mae and Freddie Mac were nationalized, and the global financial crisis is believed to have peaked.

Rising confidence levels are important to the economy -- and to housing --because a confident consumer is more likely to make the big-ticket purchases that propel the economy forward.
This includes buying new homes.

That said, the Consumer Sentiment Survey has its flaws.

For one, the survey's sample set includes just 500 families. This is hardly a cross-section of America. Secondly, when people feel better about their finances, it doesn't always lead to additional consumer spending -- it could lead to more saving.

What people say they'll do and what they actually do can be two very different things, but if consumer spending does increase in the months ahead, expect home sales to benefit on the willingness of families to "take more chances" and expect mortgage rates to suffer on concerns for inflation.

2009-06-10T08:49:00.000-07:00

Want To Know Why Mortgage Rates Are Up Over 1.125 Percent In 10 Days?
Posted By: Ed Holingshead 09 Jun 2009 08:00 AM PDT

Since Memorial Day, conforming mortgage rates have jumped by more than 1.125 percent, adding thousands of dollars to the annual cost of homeownership.To the casual observer, the moves may seem random. There's a reason this is happening, however. It starts with inflation.As an economic force, inflation erodes the value of the U.S. Dollar. Left unchecked, it drives up the Cost of Living as each dollar "buys less" at the supermarket, gas station, or anywhere else.But with respect to mortgage rates, inflation's impact is more immediate.

Because inflation devalues the dollar over the long-term, it renders long-term mortgage bonds a less attractive investment for traders. If bond investors are repaid in U.S. Dollars, after all, it would make the investment worth less if the dollar is in an inflationary freefall. Therefore, in situations when inflation is likely to present, we find that traders often sell out of their mortgage bond positions which, in turn, drives down the bond prices. Then, because bond yields move in the opposite direction of bond prices, rising rates are the inevitable result.

Lately, Wall Street is fearing inflation for a number of reasons:Job losses are slowing, adding to consumer spending expectationsGas prices have risen 41 days in a row. The federal government is increasing the money supplyThese 3 factors -- plus a few others -- are all coming to a head around the same time and traders are getting defensive with their portfolios. As a result, they're selling their mortgage bond positions and it's driving mortgage rates higher.Rates may continue to trek toward 7 percent through July and August, or they may retreat toward 5 percent. We can't know for sure. What we can know, though, is that volatility in rates should continue until the economic picture gets more clear. That could be next week, or next year. For now, be ready to lock at a moment's notice. Mortgage rates are changing quickly.

2009-06-10T08:44:00.000-07:00

How To Receive A Cash Gift For Downpayment
Tighter mortgage guidelines since late-2008 are forcing home buyers to make bigger downpayments. Anecdotally, the change has led to a surge in buyers taking gifts of cash from family members.

If you're among those accepting a cash gift from family, it's important to know that you can't just deposit the money in your bank account.

There is a proper way to accept a cash gift and it requires 3 distinct steps:

Complete and sign an acceptable gift letter
Document the gifter's withdrawal of funds with teller receipts
Document the giftee's deposit of funds with teller receipts

See, mortgage lenders pay close attention to gifts-for-downpayments. For one, lenders have to make sure that downpayment cash is "clean" (i.e. not laundered). And, secondly, they want the gift to really be a gift and not a loan-in-disguise.

This is why lenders will often require that a signed, dated letter accompany the home loan application.

As an example:

I am the [relationship to recipient] of [name of recipient] and this letter serves as evidence that I am gifting [name of recipient] [amount of gift] to be used for the purchase of the home at [complete address of property].

This is a gift -- not a loan -- and there is no expectation of repayment.
Signed, [Signature of gifter]

To further appease lenders, gift recipients should make sure that gift funds are not commingled at the time of deposit. If the gift is for $12,000, for example, the bank's deposit slip should indicate that a $12,000 deposit was made -- nothing more, nothing less.

Don't add a random $50 check to the deposit, in other words. If you have a separate deposit to make, make it as a subsequent transaction with its own receipt.

It's also worth noting that gifting funds between family members can create both legal and tax liabilities. If you're unsure about how donating or receiving a gift may impact you, call or email me directly. If I can't help you with your questions, I can refer you to somebody that can.

Posted by Ed Holingshead on June 10, 2009

NOTE: Gift funds are reviewed in the Real Finance seminar and a gift letter form can be downloaded by designees from the members only website. Email Boyd@RFSweb.net for additional information.

Avoiding Foreclosure; Who to call when lender won't talk to you

2009-01-31T09:15:00.000-08:00

You've done all your homework, talked to a housing counselor and tried to talk to your lender. But, the lender won't work with you. What do you do now?
For an FHA-insured loanYour lender has to follow FHA servicing guidelines and regulations for FHA-insured loans. If your lender is not cooperative, contact FHA's National Servicing Center at toll free (888) 297-8685 or via email.

For a VA-insured loanFirst, visit the VA Foreclosure Alternatives page. If you need assistance or have additional questions, talk to a Loan Service Representative.

For conventional loansIf you have a conventional loan, first talk to a HUD approved Housing Counselor (or call (800) 569-4287). They may be able to help you with your lender. You can also contact Hope Now (1-888-995-HOPE) to ask for assistance in working with your lender.

Down Payment Assistance Reform

2009-01-31T08:08:00.000-08:00

The purpose of this post is to support The Nehemiah Program and their efforts to restore down payment assistance programs. I sent the following letter in support of H.R. 600. They make it very easy to get your veiwpoint across. If you would like to add your support visit http://capwiz.com/nehemia/home/ or click on the link for Nehemiah in Helpful Websites on this blog to learn more about how you can help.

Letter I posted...

I support H.R. 600. This bi-partisan legislation will reform and restore DPA for hundreds of thousands of qualified homebuyers each year who need the help, while ensuring DPA remains a program run by credible nonprofit organizations.

Reformed DPA will help stimulate the housing market by providing working-class Americans with a path to homeownership and generate $150 billion in home sales this year.

H.R. 600 will set FICO score eligibility thresholds for DPA participants, require homeownership counseling is made available to recipients, and better regulate entities that provide DPA.

Creating opportunities for homeownership is the cornerstone to strengthening a crumbling housing market and breathing life back into the economy.

The current economy offers some very good buys on homes in many markets. If a buyer could overcome the barrier of the down payment and be able to purchase a home with a low interest rate they could very well be able to own their own home with a monthly payment lower than the rent they are currently paying.

The key is the consumer education and having consumers work with honest, ethical real estate and mortgage professionals, such as,Residential Finance Specialist (RFS) designees.

RFS designees have received advanced training in financing and are dedicated to protecting the consumers interest in real estate transactions. One of the first questions they ask borrowers is "What is your monthly comfort zone for payments on your new home?"
They understand that a borrower may qualify for a higher payment but if they are not comfortable with that payment that it would be better to purchase a less expensive home.

Simply taking the opportunity away from homebuyers that do not have the ability to come up with a downpayment does not solve the current economic crisis we are in. It only allows those that have money be in a position to take advantage of the good buys that are on the market today.

Sincerely,

Patricia Boyd, RFS
Residential Finance Specialist

Loan Modification Services

2008-11-26T18:20:00.000-08:00

Attention Real Estate & Mortgage Professionals. If you would like to learn how to add loan modification or loss mitigation services to your business email Mike Boyd at mboyd44@gmail.com or call 678-796-3964. The key is to work with an honest, ethical attorney based mitigation company that will work in your client's best interest. These services will help save your clients money and help you increase your bottom line at the same time.

Loss mitigation is the process of trying to stop a home foreclosure before it occurs. The loss mitigation process can be led by either an employee or representative of the lender or a third party that works strictly for the best interests of the home owner. Keep in mind that the employee of the lender will work in the best interest of the lender not the borrower. The loss mitigation process is often better handled by a third party due to their experience and the ability to deal with the lending company without a personal attachment to the situation. There are many companies offering these services today. Many are not attorney based and have no experience with RESPA or TILA violations. They simply entered the market to capitalize on the current market conditions. Working with an attorney based company with past experience with RESPA and TILA and mortgage closings should be your first choice.

Loss mitigation was introduced as a collaborative effort between the federal government and the mortgage industry. The program was established to help home owners that were facing the loss of their homes due to delinquent payments. A professional loss mitigation counselor will work with the home owner as well as the lender to find an alternative to foreclosure.

There are several options when it comes to loss mitigation and the main focus should be to keep the home owner in their home. Typical services include:

 Loan Modification
 Repayment Plan or Forbearance Agreement
 Foreclosure Refinance
 Short Sale
 Chapter 13 Bankruptcy
 Partial Claim
 Special Forbearance
 Deed-in-lieu of Foreclosure

A loss mitigation counselor should try to set up a loan modification plan or a repayment plan that is realistic for the home owner as well as the lending institution. It is important that the plan be realistic when it comes to the home owners ability to repay the modified payment plan and to cover other expenses with a small cushion left over for miscellaneous living expenses. It does not help the borrower or the lender if the loan is modified and the borrower cannot make the new payments on time.

Loss mitigation first goal is to keep the home owner in their home. If that does not seem like a realistic outcome, every attempt should be made to help the home owner get the most for their home as they possibly can before a foreclosure sale takes place. This may include deed-in-lieu of foreclosure, a partial forbearance or a short payoff if a qualified purchaser can be found.

Taking the time to know what the borrowers rights are in the foreclosure process, it is possible to use the loss mitigation process to help the borrower get back on track with mortgage payments and give them an opportunity to get their home sold instead of going into foreclosure. In today's market Lenders want to keep the home owner in their home and it is up to the home owner to show that they will be able to catch up or maintain the mortgage payment in the future. Most companies will require the borrower to complete a financial worksheet and to provide proof of income.

The real estate and mortgage professinal that can help clients explore their options to avoid foreclosure will be in high demand in today's market.

New RFS Website Now Online!

2008-07-27T16:57:00.000-07:00

Visit our new RFS website at www.RFSweb.net.

RESPA Reform

2008-06-29T09:55:00.000-07:00

HUD PROPOSES MORTGAGE REFORM TO HELP CONSUMERS BETTER UNDERSTAND THEIR LOAN, SHOP FOR LOWER COSTS
Jackson: Need for reform is now; proposal to save consumers almost $700
WASHINGTON – In an effort to significantly improve the complicated, unclear and costly homebuying process, U.S. Housing and Urban Development Secretary Alphonso Jackson today proposed mortgage reform designed to help consumers better understand their loan terms so that they can shop more effectively for the largest purchase of their lives.

HUD's proposal reforms the more than 30-year old rules of the Real Estate Settlement Procedures Act (RESPA), and improves disclosure of the loan terms and closing costs consumers pay when they buy or refinance their home. For the first time ever, HUD is proposing that mortgage lenders and brokers provide consumers with a standard Good Faith Estimate. By more openly disclosing the key elements of the loan and by controlling fee inflation, the Department seeks to provide consumers with enough information to allow them to shop more effectively for the lowest cost loan. HUD's economic analysis finds that by offering consumers clearer, more certain cost estimates, the average borrower will save nearly $700.

"A lot of the mortgage problems we see today are directly related to the fact that few people fully understand this process," said Jackson. "Buying a home can be very intimidating. Consumers have had no assurance that the loan terms and closing costs they are offered will reflect what they confront at the settlement table, and that's been one of the factors driving the current housing downturn. Our proposal fixes that. We owe it to the American homebuyer to give them the information they need to make smart choices."

Brian Montgomery, HUD's Assistant Secretary for Housing, added, "It's not right that millions of consumers go to the settlement table without fully understanding the mountain of paperwork they're asked to sign and, on top of that, expected to pay thousands of dollars in closing costs for services they've never heard of. This new Good Faith Estimate will give families the tools they need to understand what they’re getting into before they sign on the dotted line."

In light of recent increases in loan defaults and foreclosures, the need for reform is imperative. When President Bush announced his comprehensive plan to address rising foreclosures last August, he pledged to offer new mortgage rules that would help families to avoid getting into trouble in the first place. This proposed RESPA rule makes good on that pledge.

HUD is proposing to offer consumers a standard Good Faith Estimate (GFE) that will substantially enhance disclosure of all important aspects of the loan, including:

The interest rate and monthly payment;
Whether the interest rate and principal balance can increase and by how much; and
Whether the loan has a prepayment penalty or balloon payment.
The proposed Good Faith Estimate would consolidate closing costs into major categories to prevent "junk fees" and display total estimated settlement charges prominently on the first page so the consumer can easily compare loan offers. In addition, HUD's new proposed rule would specify the charges that can and cannot change at settlement. If a fee changes, HUD proposes to limit the amount it can change. HUD also proposes to modify the HUD-1 settlement statement to help consumers compare the anticipated charges on the Good Faith Estimate and their actual charges.

The Good Faith Estimate would also require that lender payments to mortgage brokers (often called Yield Spread Premiums) be disclosed. It is HUD's belief that these payments are directly dependent on the interest rates that consumers agree to and therefore ought to be disclosed. To ensure that HUD's new proposal would not create a consumer bias against brokers, the Department did rigorous consumer testing and found the proposed Good Faith Estimate helped consumers to select the lowest cost loan more 90 percent of the time, regardless of whether the loan was originated by a lender or a broker.

Finally, HUD is proposing that settlement agents read a "closing script" to borrowers at the settlement table and that a copy be provided to the borrower. This closing script would ensure that the settlement agent not only compares the borrower's estimated and actual charges, but would detail the key terms of the loan. HUD's extensive consumer testing found borrowers appreciated the enhanced disclosures, believed the loan details on the closing scripts were clear and understandable, and reacted positively to having the scripts read out loud.

Legislative Changes to RESPA

To further bolster consumer protection and to ensure uniform and consistent enforcement of RESPA, HUD intends to seek legislative changes to the Act that will complement the regulatory improvements made by the rule. Currently, RESPA does not provide HUD with enforcement mechanisms for some of the most important consumer disclosures and protections. A lack of enforcement authority and clear remedies for violations of critical sections of RESPA negatively impact consumers and diminish the effectiveness of the statute.

HUD will seek the authority to impose penalties for violations of specific sections of RESPA, including Section 4 (provision of uniform settlement statement); Section 5 (GFE and settlement costs booklet); Section 6 (loan servicing); Section 8 (prohibition against kickbacks, referral fees, and unearned fees); Section 9 (title insurance); and portions of Section 10 (regarding escrow accounts). In addition, HUD proposes the authority for the Secretary and State regulators to seek injunctive and equitable relief for violations of RESPA; require delivery of the HUD-1 to the borrower three days prior to closing; and establish a uniform statute of limitations applicable to governmental and private actions under RESPA.

How to Buy & Sell Your Home Wtihout Getting Ripped Off! book review

2008-06-22T07:20:00.000-07:00

Patricia Boyd, the author and co-founder of the Residential Finance Specialist (RFS) (formerly known as the CFS) designation program wrote a book for consumers based on the philosophy of the RFS program. This book promotes working with an honest, ethical real estate power team and promotes the value of RFS designees.

Book Pioneers New Philosophy:
Real Estate Consumer Advocacy
Review by Ray Bowie, Naples, Florida
Books on buying and selling real estate abound, but it is truly rare to read a real estate book that breaks new ground -- or indeed, pioneers a new philosophy and launches a new movement: real estate as consumer advocacy.

This seminal work, authored by real estate sales and financing experts Patricia Boyd and Lonny Coffey, sounds the clarion call to buyers and sellers -- as well as to real estate brokers, mortgage lenders and other service providers --for a new consumer orientation in real estate transactions.
As the authors note, real estate transactions have heretofore been treated as the selling of a product, whether the product be the property itself or the mortgage loan that finances it. The historical focus has, therefore, been on salesmanship: getting the property sold or the loan made. Lacking in this focus has been the interests of the real estate consumer -- the buyer or the seller. This book introduces something new and something revolutionary into the world of real estate transactions: a view of the buying or selling of real estate as a "consumer-driven" process, of buyers and sellers as informed consumers, and of real estate brokers and mortgage lenders as consumer advocates. The book serves as a road map for buyers and sellers who want to participate actively and intelligently in their realty transactions... and who want to stop getting "ripped off" by brokers, lenders and other service providers who put their own interests ahead of the consumer's interests. Just as importantly, the book shows real estate brokers and mortgage lenders how to work with this dawning new world of informed consumers -- not in the old way as salesmen, but rather as professional consumer advocates. It is the twin goal of the book, one it certainly attains, of educating real estate buyers and sellers how to be informed consumers and also training brokers, lenders and service providers as to how to be their advocates.

Patricia Boyd brings vast experience as a top-producing real estate broker, real estate trainer and instructor and Residential Finance Specialist, to produce a practical, well-written and inspiring book that may well launch a new way of buying and selling real estate. As a former real estate broker with a number of professional Realtor designations (ABR, CIPS, CRB, CRS, and GRI), and now as a real estate attorney actively advocating the interests of buyer and seller clients, I applaud this book as the herald of a new real estate consumer revolution.

RFS Licensed Facilitation Centers (LFC's)

2008-06-22T06:59:00.000-07:00

Key Points

¨ RFS LFC’s are independent contractors
¨ RFS LFC’s are responsible for marketing and delivering RFS® seminars
¨ RFS LFC’s are responsible for all expenses related to marketing/delivering seminars
¨ RFS LFC’s are entitled to wholesale pricing on all RFS® seminars and products
¨ C.E. credit is available for the RFS® designation seminar in most states

LFC Categories

1. Independent Educators as Certified Instructors (CI’s)

Individuals that have been trained and licensed by Patricia Boyd but are not a part of a formal school or training institution.

2. Schools or Training Institutions

Established real estate schools that offer RFS® seminars and products as well as curriculum not associated with RFS®.

3. Contact boydrfs@gmail.com for more information about becoming a RFS LFC

RFS Contact Info

2008-06-22T06:56:00.000-07:00

RFS Contact Info

Contact Phone FAX Email
Patricia Boyd 678.796.4613 boydrfs@gmail.com
Mike Boyd 678.796.3964 mboyd44@gmail.com
Charles Dahlheimer 314.664.8552 314.664.6310 charlesd@rfcouncil.com
Linda Dahlheimer Linda@rfcouncil.com

QP IIIx Real Estate Calculator

2008-06-22T06:54:00.000-07:00

The Qualifier Plus IIIx is the recommended calculator for the RFS® seminar. We have collaborated to create a “RFS Success Kit” that includes:

¨ QPIIIx Calculator
¨ Quick-Start Tutorial CD
¨ Step-by-step Workbook

About Patricia Boyd

2008-06-22T06:44:00.000-07:00

Patricia Boyd is the author of the RFS Seminar, "Real Finance: A Consumer Advocate Approach to Real Estate & Mortgages.

Boyd received her Real Estate Broker’s License at the University of Texas in Arlington. She has been in the real estate and mortgage industry as a top producer since 1980. In 1987 she began educating Realtors, loan originators and underwriters.

In 1989 she recognized that finance was a core competency that must be developed for a truly successful real estate career. She wrote and published two books on real estate finance, Real Accountability in Your Real Estate Team and Real Finance: The Key to Listing & Selling Real Estate. She then developed seminars and created the Residential Finance Specialist (RFS®) designation program. She is also the author of a book for consumers titled How to Buy & Sell Your Home Without Getting Ripped Off! This book promotes working with RFS® designees. She was also the show host for Take Charge! on RealNet Direct TV.

RFS Motto

2008-06-22T06:39:00.000-07:00

RFS Motto

"The only room never full is the room for improvement"

RFS Vision & Mission Statement

2008-06-22T06:35:00.000-07:00

Vision Statement

The RFS Seminar helps real estate and mortgage professionals add value to their services and protect their clients from being ripped off by predatory business practices.

Integrity is the cornerstone of the RFS designation.

Mission Statement

The RFS Seminar helps real estate and mortgage professionals create wealth and financial independence as they gain recognition for honesty, ethics and exceptional service. RFS designees achieve incomparable success as they provide counseling to consumers to help them avoid getting ripped off when buying, selling, investing or refinancing real estate.