John Walsh, President at Total Mortgage Services, LLC
In case you may have missed it, Total Mortgage president John Walsh has been featured in a number of high-profile media reports in recent weeks and months.
In an article published last week by both the Wall Street Journal and MarketWatch, reporter Amy Hoak reported on the June 30 deadline for people closing on mortgages that are eligible for the first-time home buyer and repeat home buyer tax credits, and Mr. Walsh was quoted and interviewed for the article.
Mr. Walsh had a byline article published in Scotsman Guide last week, highlighting the advantages of working with a mortgage broker compared to retail mortgage originators and national banks. In the article, Mr. Walsh points out brokers can shop for, and deliver, better rates to borrowers than many retail mortgage operations, while providing superior customer service.
Mr. Walsh also mentioned that because so many brokers have left the market, those who still remain tend to be the most-qualified and most-knowledgeable working in their profession. They’re also the ones who met certification and licensing requirements, which have served to weed out weaker market participants.
On May 18, Mr. Walsh participated in a question-and-answer interview session with MortgageOrb, in which he analyzed the state of the national housing markets, including the high number of distressed properties, along with the impact of the tax credits. From his analysis in that piece, he assessed, “what I can say with some certainty is if we experience an increase in the number of distressed properties hitting the market, housing prices will resume declining. This assumes interest rates and other market factors remain the same.”
Earlier this year, Mr. Walsh had been interviewed and quoted for various other articles published in The New York Times, National Mortgage News, Bankrate.com, Connecticut Business News Journal, and the New Haven Register.
Total Mortgage Services, LLC (http://www.TotalMortgage.com) is an industry leading direct mortgage lender and mortgage broker, having funded over $4 billion in mortgage loans since 1997. Licensed in over twenty states, Total Mortgage offers a variety of products and programs including fixed-rate loans, adjustable-rate loans (ARMs), jumbo loans, FHA mortgages and more. Visit TotalMortgage.com for today’s current mortgage rates.
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