Thursday, October 4, 2007

Some Major Search Engines

Bloggers often ask how to get their blog listed in the major search engines.

Here’s how:

1. Submit Directly: Submit your blog via Google’s free submitting form. http://www.google.com/addurl/?continue=/addurl

2. Submit your sitemap to Google. http://www.google.com/webmasters/sitemaps/

3. Submit your site to DMOZ, the Open Directory Project. Keep in mind that DMOZ is run by volunteers; therefore it may take some time before you are listed and a submission does not guarantee listing.

4. Get a Qualified Backlink: Get linked from a website that search engines crawl regularly and add your link to forum signatures. Google states, “Google's robots jump from page to page on the web via hyperlinks, so the more sites that link to your pages, the more likely it is that we'll find them quickly.”

5. If your blog isn’t already listed in Google’s Blog search engine, you can submit it manually. Add your blog to Google’s Blog Search. http://blogsearch.google.com/ping

It usually takes a new website about a month before it’s fully indexed by Google. Google Blog Search indexes blogs by their site feeds, so be sure that you publish a site feed.

Keep in mind that, while Google dominates the web, it isn’t the only search engine on the web.

Yahoo Search is one of the major search engines and directories online as well, so you are going to want to submit your blog to Yahoo’s Directory. http://add.yahoo.com/fast/add?17051064
It could take eight to ten weeks before you are listed in Yahoo.Yahoo Site Explorer allows you to explore all the web pages indexed by Yahoo Search. siteexplorer.search.yahoo.com

Tuesday, October 2, 2007

Mortgage bank

A Mortgage bank specializes in originating and/or servicing mortgage loans.
A mortgage bank is a state-licensed banking entity that makes mortgage loans directly to consumers. Generally, a mortgage bank utilizes funds from the secondary mortgage market such as Fannie Mae, Freddie Mac, or other large mortgage servicing companies. They require secondary market funds because a mortgage bank is a non-depository institution, which means they do not receive income from deposits, as a savings bank does.
A mortgage bank can vary in size. Some mortgage banking companies are nationwide. Some may originate a large loan volume exceeding that of a nationwide commercial bank. Many mortgage banks employ specialty servicers such as Real Time Resolutions, for tasks such as repurchase and fraud discovery work.
Their two primary sources of revenue are from loan origination fees, and loan servicing fees (provided they are a loan servicer). Many Mortgage bankers are opting not to service the loans they originate. By selling them shortly after they are closed and funded, they are eligible for earning a service released premium. The secondary market investor that buys the loan will earn revenue for the servicing of the loan for each month the loan is kept by the borrower.
Unlike a federally chartered savings bank, a mortgage bank generally specializes only in making mortgage loans. They do not take deposits from customers. Their funds come primarily from the secondary wholesale market. Examples of the secondary market lenders most known are Fannie Mae, and Freddie Mac.
A mortgage bank generally operates under the different banking laws applicable to each state they do business in.
For a complete list of mortgage bankers by state, check with the state banking or financial department of each state individually. Whereas a federal bank may operate under federal law, a consumer may have additional rights under the applicable state banking law in terms of consumer protection.
Mortgage Bankers can be very competitive in mortgage lending as they specialize in only lending, and do not have to factor in subsidizing any losses in other departments such as traditional banking. At the same time they often do not have the same access to low cost adjustable rate mortgages which are typically associated with federal banks and access to federal money.