One of the most important things when searching for a loan officer is to find one that is not only personable and cares about your best interests, but it also knowledgeable and in touch with the mortgage markets. There are so many things that go into a loan and interest rates that it takes someone very dedicated to stay on top of it. One of the services that January Financial subscribes to is called the Mortgage Market Guide. This outstanding newsletter is written by a team of market experts in New York whose sole job is to keep an eye on mortgage-back securities (which is where rates come from) and let us know whether they're going to go up, stay down, or stay the same.

This allows us to stay on top of your loan and make sure that not only are you getting the best program for your life situation and goals, but also that we're locking you in with the best possible rate based on market conditions. Below is an example of the daily newsletter that we get from MMG. A lot of it may sound like gibberish to you, but to us it's invaluable.

MMG Update - Friday, May 25, 2007 10:50am ET

Current Trend Direction: Lower

Risks favor: Cautiously Floating as long as Bond stays above floor of support at $97.81

Current Price of FNMA 5.5% Bond: $97.81, -6bp

After yesterday's impressive 25 basis point reversal higher off of the intraday lows, Mortgage Bonds are trading slightly lower this morning and are sitting on very important support at the $97.81 level.

Existing Home Sales for April was reported at 5.99 Million units, which was below expectations of 6.13 Million. This slower pace of sales lifted the inventory of unsold existing homes to a 8.4 Month level, which was a sizable jump from last month's reading of 7.3 Months. Lawrence Yun, National Association of Realtor's Senior Economist, had this to say about the report "We’ve been anticipating slower home sales because many sub-prime loan products are no longer available. In addition, increased scrutiny by lenders is stopping risky mortgage origination, which is good for both consumers and the lending community. Fortunately, a wide availability of conventional mortgage products and the 4.5 million jobs created over the past 24 months will help to stabilize the market going forward.” But no matter how you look at it, this month's report was lousy.

Next week the economic calendar expands dramatically with several heavy-hitting reports. Tuesday kicks off the week with Consumer Confidence; Wednesday has the latest FOMC meeting minutes; Thursday brings 1^st Quarter Preliminary GDP, the Chicago PMI, and Initial Jobless Claims; and Friday brings “thunder and lightening” with the May Jobs Report and Core PCE Inflation. Traders will probably keep most of their “trading powder” dry until Friday.

Technically, bonds are showing some signs of a possible rebound. Yesterday ended with a “Hanging Man” candlestick indicating the market may have found a bottom to the recent downward trend. However, this candlestick requires further confirmation with a subsequent move higher and we have not yet seen this so far this morning. Bonds remain “oversold” according to the stochastic oscillator and there is the possibility of a positive stochastic crossover buy signal if we get some favorable price action today.

Mortgage Bonds are sitting on an important floor of support at $97.81. The reason this floor is so important is that the next floor is located an enormous 72bp lower. As we have recently seen with the break of the 200-day Moving Average, a fall below an important floor will lead to more price declines.

We need to see bonds bounce off of the current floor and move back above resistance at $97.97 to break above the downward sloping Upper Trend Line. Unfortunately, the current trend clearly remains negative with prices below all of their major moving averages and their descending Upper Trend Line. There currently are support levels at prior intra-day lows at $97.81, recorded on Oct. 25, 2006; and $97.09, hit on Aug. 14, 2006. Nearest overhead resistance is found at $97.97.

Last night we did a presentation here in our office for Nouveau Riche University (NRU), an outstanding new real estate educational company that not only educates their members, but also facilitates them buying properties and provides an income stream as well. The NRU community provides a great way for both beginning and advanced investors to become better investors, and they accomplish that through the EPIC Solution:

E - Education. NRU offers both at-home, remote study and live classes. These classes cover a wide gamut of topics and are available for many different experience levels, anything from 100 level classes like "Buy and Hold" or "Building Your Team" to 400 level classes like "Multi-Family Dwellings" and "Short Sales". These classes are taught by full-time investors, not teachers or seminar leaders, and all have one goal in mind - to create action and get people started or moving in purchasing more real estate.

P - Properties. Through the Investor Concierge (www.investorconcierge.com) members of NRU can go online and buy great investment properties right from their own living room. These properties are Found, Fixed, Tenanted, Funded, and Managed by a local franchise of the Real Market Experts and typically come with anywhere from $15-25K in instant equity and $2-400 in monthly cash flow. I've personally purchased a property through NRU in Colorado that had $35K in equity and around $400/mo. in positive cash flow, and I've never seen it!

I - Income. Since NRU doesn't advertise or spend money on flashy TV spots, the operating expenses are kept very low. Instead of trying to convince strangers to buy, NRU depends on the referrals of it's members to keep the organization growing and will pay a 50% referral fee to anyone a member shares the program with that signs up. This has created an incredible income stream for some members, some of who are making over $100K per MONTH sharing NRU with their communities.

C - Community. NRU provides an incredible community for members where they can learn from more experienced investors, have resources that are never more than a phone call away, and all the support someone could need in order to become a successful investor. As we all know, the size of your net worth is proportional to the size of your network, and NRU is an oustanding way to dramatically increase the size of your network in a relatively short period of time.

If this sounds like something you may be interested in, give me a call or shoot me an email and I'd be happy to share more information. This weekend there will be an Intensive in Anaheim, where prospective students can see the education live and experience what it's like to be at the live college and meet some of the people involved. I can't recommend it highly enough...

If you're interested in investing in real estate but aren't sure where to start, let me know. I have access to some outstanding properties right now that will allow you to get started with a minimal amount down and positive cash flow right out of the gate. We've partnered with a major investment boutique firm in Encinitas, CA that allows us to offer properties that have already been pre-screened and have a solid team in place. These properties are available in Texas, South Carolina, Georgia and Ohio, all places with very positive fundamentals and solid cash flow numbers to start. For more information, call (949.305.6355) or email (carey@januaryfinancial.com)!

Apparently things have gotten into so much of a routine that I haven't been able to post in almost six months. Well, time to get back on the horse. Things have been a little up and down for us lately with all the changes in the mortgage and real estate markets, but we're very well positioned for just this type of thing and are weathering the storm well. In particular, by providing services to real estate investors and dealing strictly with referrals, our business continues to grow and our client base is extremely loyal.

One item we've recently rolled out for our clients is an amazing credit restoration service. In an industry that seems to have a higher-than-average complement of sharks and sleazy salespeople, we've found a processing center that is not only completely honest and full of integrity, but also provides outstanding results! I'm going to include the email we sent out to our client base below, as it explains the service in more detail. If you're interested in finding out more, just drop me an email!!

Dear Friends:

You were doing 80 mph in a 50 mph zone, you're not surprised when the police officer pulls you over and hands you a ticket. You go to court to try to get the fine lowered, but before you have a chance to plead your case the judge announces, "Case dismissed."

You must have a confused look on your face because the district attorney leans over and whispers, "The cop filled out the ticket wrong. You're off the hook on a technicality."

What would you say if I told you that the same thing could happen with your credit report?

The Fair Credit Reporting Act (FCRA) has been revised and creditors are now being held accountable to higher standards of reporting. It is possible that some of the derogatory items on your credit report could be removed, not because you don't actually owe the money but because your creditor reported the debt incorrectly. In other words, you're off on a technicality.

You may be curious, perhaps skeptical, wondering how much your credit score could actually be improved.

Chris from Torrance, CA was skeptical too. He signed up and his credit score went from 540 to 624 in less than three months, saving him thousands of dollars on his mortgage payment.

Susan from Washington, DC saw her credit score go from 661 to 720 in 2 months: she couldn't believe it when she was offered 0% financing on a new car from a dealership that had offered her 4% just two months earlier.

The credit restoration process that Chris and Susan went through is unique and highly effective. Rather than focusing on the derogatory marks, credit representatives focus on the laws creditors break when reporting items to the bureaus.

Unlike other "credit cleanup" companies, this service won't just write a couple of dispute letters and call it a day. Credit specialists will evaluate your current situation, guide you through the process, and tailor their services to your specific needs and goals. They will fight to protect your credit, even settling with creditors on your behalf!

January Financial's mission and passion is to help you improve your financial well-being. The cost of poor credit is a price you don't need to pay, and our goal is to guide you towards the highest credit score and lowest financing costs possible.

If you're curious about whether this credit restoration service would work for you, don't wait another minute! Simply respond to this email with "Credit Restoration" in the subject line and we will email you a complete informational packet, following up with a phone call within 24 hours to discuss any questions you might have.

To respond takes only a moment, but that moment may be the key to a higher credit score and brighter financial future.