TheMReport

February 2016 - The Industry's Best Kept Secret

TheMReport — News and strategies for the evolving mortgage marketplace.

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TH E M R EP O RT | 11 FROM THE SOURCE SHARE THIS: RENT VS. BUY CALCULATOR SmartAsset.com Strong data is a housing professional's best friend, and it is key to understanding the mind of the potential homebuyer. One key metric that can help you better understand the customer psyche is the rent vs. buy dilemma, which many new buyers face in today's mar - ket. Taking on the added burden of a mortgage payment can seem daunting to younger or new homeowners, so alleviate their fears by showing them just how much they can—and will—save in the long term by buying. READ THIS: SUPERBOSSES: HOW EXCEPTIONAL LEADERS MASTER THE FLOW OF TALENT By Sydney Finkelstein While bad bosses fail for a variety of reasons, exceptional ones all have certain common- alities. Sydney Finkelstein, the Steven Roth Professor of Management and Director of the Center for Leadership at the Tuck School of Business at Dartmouth College, spent 10 years researching these collective traits of good bosses, and these, along with more than 200 interviews with business executives make up the book Superbosses. Among many things, Finkelstein found that great bosses are efficient at both finding and nurturing new talent. WATCH THIS: HUD SECRETARY CASTRO'S INTERVIEW WITH STEPHEN COLBERT CBS.com Widely rumored to be on Hillary's Clinton's short list of possible running mates, HUD Secretary Julián Castro's interview with Stephen Colbert is a must-watch. Castro appeared on "The Late Show" on January 11—just one night before President Obama's final State of the Union address. An archive of the video, which covers everything from housing initiatives to the VP rumors, can be found on CBS.com. TWEET THIS: @SPEAKERRYAN Newly installed Speaker of the House Paul Ryan caught our attention when he used #LastSOTU to Tweet out, "Our economy is weak. Wages are stagnant. 45 million people are living in poverty. This is not good enough, Mr. President," before the State of the Union Address. To see additional quips, Congressional updates, and photos from Ryan, follow @SpeakerRyan on Twitter. Knowledge WHY LIA? The Largest Provider of E&O Insurance to AMCs in the U.S. SINCE 1977 POLICIES SPECIFICALLY DESIGNED FOR AMCS COMPETITIVELY PRICED COVERAGE NATIONWIDE COVERAGE WITH "A" RATED COMPANIES STATE AMC BONDS WITH NO ADDED FEES Contact Susan Lomeli Susan@liability.com Ph: (800) 334-0652 X 139 Fax: (805) 962-0652 www.liability.com CA License #0764257 Administrators & Insurance Services LIA_AMC_Print_Ad_Knowledge_2.2917x9.125.indd 1 2/11/15 7:18 PM JULIÁN CASTRO AND STEPHEN COLBERT

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