[Dawn]

GCA Forums News: Domestic Headline Summary on Monday, April 21, 2025

Financial Markets:

Stock Market Crash:

• Affected by future economic policy uncertainties, geopolitical conflicts, and tech stock sell-offs, the Dow Jones Industrial Average declined by over 1,000 points.
• Similarly, the S&P 500 and NASDAQ suffered major dips.

Critical Trump’s:

• Economically, President Donald Trump did not blame Jerome Powell for the Federal Reserve not assisting America economically through monetary actions, clearly pivoting policy.
• Markets have voiced their concerns.

Economic Indicators

Unemployment Rate:

• Jumps slightly on the latest unemployment figures, adding up to 4.1 percent, suggesting that the economy is, in fact, cooling.

GDP:

• Consumer spending and business investments have diluted GDP growth to 1.8 percent in the last quarter, falling short of expectations.

CPI:

• The inflation rate has climbed to ease at 2.9, which tells the US Fed to pause interest hikes, resulting in the CPI needing to be checked.

Real Estate and Housing:

Housing Market:

• House prices continue to increase due to record-low stock levels.
• However, sales volume is declining within the cap on urban dwellers due to real difficulty in vacancies.
• Therefore, the real estate industry is facing mixed signals.

Mortgage Rates:

• Since the Federal Reserve has delayed making any decisions regarding further hikes, the 30-year fixed mortgage rate is currently sitting at 4.25%.
• This new development has increased the cost of borrowing for potential homebuyers.

Housing Inventory vs. Demand:

• The starter home supply section has a glaring lack of supply, with demand heavily outpacing supply.
• This is creating a bidding war in many markets, raising prices.

Business News:

Corporate Earnings:

• A report from several market-leading companies offered mixed earnings.
• Technology companies like Apple and Amazon reported solid growth, while traditional sectors like automotive and retail are struggling.

Tariffs:

• President Trump’s tariff policies on China and other nations are still under as much scrutiny as always.
• While the policies are intended to protect local industries, they have prompted retaliatory stances that impact trade relations internationally, making trade more expensive for US firms.

Federal Reserve:

Interest Rates

• The Fed decided to keep the interest rate unchanged at 2.50%-2.75%, which has invited cut or raise talks.
• The Fed has taken the approach of managing inflation gently without killing economic growth.

Monetary Policy:

• The most recent Fed statement suggests that a rate cut is more likely than not if the economy continues to weaken.
• However, no immediate policy changes will be made.

Political Impact on Market Channels:

Trump’s Policies:

• In addition to imposing tariffs, the Trump administration has been actively working on comprehensive tax reforms, spending cuts, and deregulation, which have had mixed impacts on fuel tax investor confidence.
• Furthermore, his Fed policy blame adds more uncertainty for economic policymakers.

As of April 21, 2025, the economy remains deeply troubled as the stock market continues its spiral into sharp decline. There is still ongoing political slippage toward economic stagnation. The housing market faces supply deficit challenges due to interest rates that are rising ever higher. Investors and policymakers are enduring inflation, employment levels, and the Russia-Ukraine confrontation, and the Eurozone’s waning economic Europe clouds Overhang’s slit confusion, crippling the economy’s problems with that information. The other things to watch with increasing attention are the Fed’s next steps and any potential changes in Trump’s economic policies, which might not slow down after starting to pick up again.

[Dawn]

Mortgage Rates forecast. Rates have been on a roller coaster ride since last week. I got three refinance applications last Thursday, and after I got all the customer’s docs and was ready to submit them, I lost the three files to refinance because mortgage rates skyrocketed. The 10-year treasury was under 3.9% at one time, and then it shot right up. The ten-year treasuries are at 4.35 today. Please explain the mortgage rates forecast and the yield of ten-year treasuries. There is no reason why the Dow Jones Industrial Average should shoot up 2,900 points yesterday. Any upward or downward movement, like a 2,900 movement in either direction, is not healthy for the market. The Dow Jones is inflated and should be half of what it is now. Why is Trump doing with his decision to increase tariffs, not increase tariffs, have a 90-day hold on any tariffs, and change his mind on serious matters, thus affecting the capital and financial markets? Where is Bitcoin? Also, why is silver tanking 29 dollars per ounce from almost 35 dollars per ounce? How is the mortgage and real estate industry doing? Are more NMLS mortgage loan originators leaving the business? Are more mortgage brokers and mortgage bankers closing up shop? Are realtors leaving the business? Is the mortgage and real estate industry in crisis mode?

[Dawn]

A Step-by-Step Process On How To Potty Train Adult Rescue German Shepherds

Recognizing the Difficulty

Rescue German Shepherds, like Skylar or Bailey, are challenging to potty train due to their anxiety, potential lack of prior exposure to training, and history as skittish rescues.

Other factors include:

• No previous training: They may never have been taught proper elimination habits.
• Anxiety or fear: Skittish dogs might feel too vulnerable to eliminate outdoors.
• Distraction: Playing outside diverts their attention from bathroom needs.
• Comfort association: They associate indoors with safety for vulnerable moments.
• Scent marking: Previous accidents create scent cues that encourage repeat behavior.

Defining the steps toward success in a Consistent Schedule

As a German Shepherd owner, you must understand that dogs thrive on routine.

They require:

• Feeding Times: 2-3 regular meals daily.
• Potty breaks: first thing in the morning, after meals, before bed, and every 2-3 hours).
• Play sessions (Separate from Potty Sessions): Clearly defined designated play times not associated with potty breaks.

Designate a Specific Potty Area:

• Pick a quiet place in your yard with minimal traffic and distractions.
• During potty breaks, take them directly to this spot (not playtime).
• In the beginning, use leashes to maintain focus and prevent play.
• Consider marking the area with their waste to encourage inmates to explode.

Advanced Techniques of Training

Getting Rid of Boring Potty Break

To resolve the issue of dogs not pottying while playing outside, try this:

• The dogs can be walked only on a leash for potty purposes ( this should be separate from outside play).
• Stand in one location with no interaction, play, or excitement.
• Give verbal instructions to Pohon, such as “doo-doo” or “Do your female Sanchez the business.”
• Focus on the 10 – 15.
• Wait 10 – 15 minutes.
• If there is no success, bring them inside but confine them in a small area or crate.
• Try again in 15 minutes.
• They shall eventually eliminate outside, reward immediately with calm praise.

Catch the Dogs Without The Frisbee Rule

• Watch for signals of sniffing, circling, and restlessness.
• Rush them outside at the first move of signaling.
• Use extremely high-value treats restricted to potty rewards when they are eliminated outdoors.

Prevent Accidental Indoor Trigger

• Consider tethering the dog to you when indoors and supervise constantly.
• Limit access to previous accident locations using baby gates or closed doors.
• With enzymatic cleansers that remove scent markers, clean these areas thoroughly.

The ‘Outdoor Extension’ Technique

Since your dogs eliminate within 15 minutes of coming inside:

• After play sessions, don’t come directly inside.
• Transition to the designated potty area on a leash.
• Wait quietly for 15-20 minutes (when they typically have “accidents”).
• Reward any elimination before coming inside.
• If there is no success, crate or confine upon returning inside, try again in 15 minutes.

Special Considerations for Skittish Rescue Dogs

• Create Safety in Vulnerability
• Skittish dogs like Skylar and Bailey may feel too exposed when eliminating outdoors.
• Provide privacy and anti-visual barriers, such as bushes, tall grass, or temporary visual barriers.
• Maintain distance from perceived threats like roads, neighbors, and other animals.
• Stay nearby for security, but don’t stare directly or hover.
• Consider a covered area if weather is a stress factor.

Manage Emotional States

• Potty breaks should be low-pressure.
• Indoor accidents should not be scolded (increases anxiety and hiding behavior).
• Use a happy but quiet voice for encouragement.
• Positive associations should be built with the outdoor potty area through praise and treats.

Gradual Confidence Building

• If they’re very fearful, start with shorter outdoor sessions.
• Use familiar scents like bedding and toys in the potty area.
• Positive experiences should form a gradual increase in outdoor comfort.
• Look into Thunder Shirts or calming pheromones for extremely anxious dogs.

Troubleshooting Common Problems

• They Play Outside But Don’t Eliminate
• Separate playtime from unclipped potty breaks.
• Take them out on the leash for elimination first before play.
• After the play, have a quiet ‘potty time’ before coming indoors.
• If they don’t eliminate after a play session, confine when returning indoors, then try again in 15 minutes.

They Hide to Have Accidents

• This tells you they understand elimination gets a reaction but do not comprehend the proper location.
• Increase surveillance, limit access to concealment spaces, and restrict hiding spots.
• Double down on rewards for success outside as well.
• Don’t punish for accidents indoors.

Regression During Training

• Try all the basics.
• Schedule frequent outings.
• Temporarily increase supervision without reason.
• Look for medical issues that might be causing urgency or discomfort.
• Look for new potential environmental stressors.

Long-Term Success Strategies

• Incremental Freedom
• Grant one-room freedom after successful elimination outdoors.
• Increase indoor freedom as reliability improves.
• Continue monitoring for several months before granting full house access.

Maintain the Schedule

• Place feeding and breaks consistently even after success.
• German shepherds do better with predictable routines in the long term.

Ongoing Reinforcement

• Outdoor potty sessions will still be occasionally rewarded.
• Always reinforce appropriate behavior.
• The verbal cue connection must continue to be retained.

When to Seek Additional Help

If any of the following conditions are true, a vet or a trainer should be consulted:

• After 3-4 weeks, with consistent training, there is no visible improvement.
• Sustained periods of very high stress or anxiety.
• Suspicion of a medical problem, such as Increased frequency, urinating, straining to urinate, or blood in urine or stool.
• Loss of previously achieved milestones.

Skylar and Bailey, as timid rescue dogs, will require understanding, consistency, and patience but can learn appropriate elimination behavior. Don’t forget that adult rescue dogs take significantly longer to train than puppies, but with committed effort, they will manage. The most important thing is to restrict the possibility of indoor accidents, concretely associating outdoor eliminations with positive reinforcement and separating play time from potty time.

[Dawn]

This has been going on for several months. I’d happily help you with potty training advice for your rescue German Shepherds, Skylar and Bailey. Before I research specific techniques for skittish rescue dogs, I’d like to ask a couple of questions to customize the advice better: 1. Have you tried any specific potty training methods with them already that haven’t worked? 2. Do they have any particular triggers or patterns for their indoor accidents (specific times, locations, or situations)?

[Dawn]

Below are some commonly asked questions (FAQs) regarding the seamless transition of real estate agents into dually licensed realtors and mortgage loan originators (MLO) business development managers (BDM).

What is the primary benefit of a dually licensed realtor and MLO?

• The primary benefit is earning commission from the real estate transaction and originating the mortgage loan, which greatly increases profit.

Must I be an active real estate agent to participate in this program?

• Yes.
• To participate in the dually licensed program, you must be an active, licensed real estate agent in good standing.

What does it take to get NMLS licensed?

• To obtain NMLS licensing, you must complete pre-licensing education, pass the national and state-specific examinations, have a background check, and pay the respective fees.
• These requirements differ by state.

Am I free to choose my partner loan officer?

• Normally, yes. As a dually licensed real estate agent, you can select the NMLS-licensed loan officer you wish to partner with.

How does the structure of compensation work?

• The standard real estate commission is earned from the sale of property, and another commission is earned from the origination of a mortgage loan.
• Specific terms and rates depend on the agreements with the partner loan officer and mortgage lender.

What are the requirements after getting the NMLS license?

• To maintain an NMLS license, continuing education courses must be completed.
• The specifics and how often these are needed varies with each state.

Is there a specific time commitment required for mortgage origination?

• Various time commitments can be available, but the loan officer takes on most mortgage origination work in most situations.
• Personal involvement will largely be limited to client referrals and communications with the loan officer.

Can I still work with other loan officers if I have a preferred partner?

• Generally, working with other loan officers is flexible, but that is subject to your agreements and the policies of the mortgage lenders you work with.

What support is provided by the mortgage lender?

• To assist you in successfully originating mortgage loans, mortgage lenders typically offer training, marketing, and ongoing support.
• The lender’s support does vary from lender to lender.

Are there any regulatory issues I need to be concerned about?

• You must follow state and federal regulations concerning your business’s real estate and mortgage operations.
• You must also follow the conduct, disclosure, and anti-fraud policies.

In what ways the program is favorable for homebuyers?

• One integrated team handles their mortgage and real estate needs. It offers better service, so homebuyers get more comprehensive service and an easy-to-access process.

I am licensed in multiple states. Can I still participate in this program?

• You must hold an NMLS license from at least one state to be eligible.
• They can expand your services if you are licensed in multiple states, but you must meet each state’s selection criteria.

What if I continue not attending meetings or changing my partner loan officer?

• The details might change based on your understanding with your partner loan officer and the mortgage lender.
• In most cases, you can opt out of the program or change partners.
• However, in doing so, certain steps may need to be followed and legal agreements met.

Are any further supplementary expenses to be incurred from becoming a dually licensed real estate agent and MLO?

• Obtaining the NMLS license requires expenses such as pre-licensing education, the relevant exam, obtaining a background check, and continuing education.
• Additional expenses include forming a partnership with a mortgage lender and those incurred from advertising and operational functions.

What general information do I need for the dually licensed program?

• You may familiarize yourself with other states’ NMLS licensing requirements to properly strategize your approach, identify a reputable mortgage lender participating in the BDM program, and complete all the design and licensure prerequisites.
• Consulting with contacts already present in the industry might also prove useful, as they can provide valuable tips.
• https://gcamortgage.com/realtor-mlo-career-opportunities/

gcamortgage.com

REALTOR-MLO Career Opportunities

Dually licensed REALTOR-MLO Career Opportunities at GCA Mortgage Group for full time real estate agent to get compensated on both sides

[Dawn]

Obtaining an NMLS ID Number takes an orderly approach if you want to get licensed as a mortgage loan originator:

NMLS Website:

Launch by going to the official NMLS website at nmls.org where you can find all the information related to your requirements.

Create Account:

Register for an account if you do not possess one. This account will mark the starting point in your name for the licensing progression.

Complete Application:

Complete the online application form considering your license is active. The form will slot in gaps with relevant personal information, employment details, qualifications.

Meet Pre-Licensure Education and Examination requirements:

Depending on your state, you will have to finish a particular number of pre-licensure educational sessions and clear the pertaining SAFE Mortgage Loan Originator Test. Verify the requirements from the respective NMLS website or from the regulating body in your state.

Undergo Background Check:

It will be mandatory for you to complete a criminal background scrutiny along with filing the required fingerprint requisites.

Settlement of Associated Charges:

There is a payment requirement concerning the application, background scrutiny and interrogation. Ensure that you go through every charge and make all necessary payments so as to avoid unnecessary postponements.

Getting Your NMLS ID Number:

The system generates an NMLS ID Number for you after your application has been assessed and accepted. This number is issued to you so that your licensing status can be monitored throughout the industry.

Make Sure to Check Information on State Requirements:

Be mindful that every state has regulations unique to them, so be sure to check with your state’s regulatory body for any supplementary or distinctive necessary documentation.

Upon completion of these steps, you should be ready to acquire your NMLS ID and work as a licensed mortgage loan originator. If further assistance is required, feel free to reach out to the NMLS Customer Care or your state’s regulatory body.

[Dawn]

Identifying wholesale lenders who deal directly with companies and work with mortgage brokers requires some digging, but several helpful tools are available.

Industry Associations

• You have the National Association of Mortgage Brokers (NAMB).
• Then, there is the Commercial Finance Association (CFA).
• The AACFB American Association of Commercial Finance Brokers.
• The NEFA National Equipment Finance Association.

Online Directories and Marketplaces

• You also have Scotsman.
• Funding Tree.
• ConnectOne and other FinanceHub members.
• Commercial Loan Direct.

Networking Events and Conferences

• You have the Finance Expo and the National Mortgage Brokers Conference.
• Then there are the ELFA conventions.

LinkedIn Groups and Forums

• Commercial Lending Network.
• Mortgage Professional Network.

Commercial Real Estate Finance Professionals.

• Broker-Friendly Wholesale Lenders

The following are broker-friendly wholesale lenders with direct deals.

• Ready Capital and Silver Hill Funding for commercial lending.
• The same goes for Intercontinental Capital Group and Liberty SBF.

We have United Wholesale Mortgage, Hotpoint Financial, Flagstar Bank, loanDepot Wholesale, and Caliber Home Loans for mortgage lending.

I suggest the relevant industry associations first. Many wholesalers attend regional broker finance events to recruit. The associations will keep you updated with catalogs of wholesale lenders and will negotiate the best terms for association members.

Is there a specific type of wholesale lending you would like information about? Where does the consultant come in as a broker?

https://www.youtube.com/watch?v=wNbW9P_Ba-A

[Dawn]

Here’s some rehabilitation evidence that may be useful for your application for license reinstatement:

Rehabilitation Evidence That May Be Compelling

Professional Development

• Achievements in real estate or mortgage lending that go beyond the basic requirements.
• Relevant continuing education (a course) exceeds the minimum further schooling requirements.
• Completion of ethics-specific coursework.
• Participating in professional mentorship programs

Employment History

• I am pleased to submit employment references with positive feedback.
• I have been actively employed since the revocation.
• Positive commendations from employers for responsible positions (even if I was non-licensed).
• Compliance with company policies and procedures.
• Work documentation detailing adherence to stipulated company policies.

Responsible Character References

• Letters addressed to me from business partners who understand my professional morality.
• Contemporary character references from community head (clergy, served in elective leadership, etc.).
• Testaments from clients who I have aided in non-licensed roles.
• Witnesses who can speak about your rehabilitation and altered ways of doing things.

Financial Responsibility

• Pristine credit report, along with fulfilling financial obligations on a timely basis, no outstanding judgments or liens, and stable personal finances.
• Supported by documents showcasing tax compliance.

Community Participation

• Pro bono advisory role provided in a non-licensed capacity without charge.
• Served hours documenting community work.
• Volunteer work (especially in housing-related causes).
• Direct acknowledgment of past issues.
• Steps taken to address those issues provide explanations that require addressing the need to be rationalized.
• Provide detailed self-statements clarifying the explanation actions focused on.
• Evidence of altered conditions or practices.
• Demonstration of understanding related to operational policies.

Regulatory Compliance

• Unblemished criminal history after the suspension.
• Verification of applicable restitution payment documents.
• Compliance with any judicial obligations.
• Settlement of all relevant civil proceedings concerning the suspension, if applicable

Clear Recommended Changes for Your Case

• Documentation explaining the specific reason for your suspension.
• Documents that prove the issues leading to your disciplinary action were incorrect.
• Additional instruction associated with the prior infraction.

For the strongest arguments, add these documents to a tidy portfolio that includes a letter explaining how the documents show your rehabilitation and commitment to social responsibility in the profession. An attorney can help tailor the package to address regulatory concerns effectively.

Do you have anything else you want to know about the supplementary application materials or strategies for the reinstatement hearing, if necessary?

[Dawn]

Considering it has been 11 years since your last license was revoked (in 2014), you may be able to either apply for reinstatement or get a new license, subject to the following caveats:

Regarding California DRE License:

• The revocation of a California Department of Real Estate is between 1 and 4 years, depending on the infraction command.
• You most likely have surpassed even the longest-standing period after 11 years.

Most likely, you will have to apply afresh, which means you will need to:

• Complete requisite education.
• Pass the California Real Estate exam.
• Undergo a background investigation.

For NMLS License:

• Applications with a previous revocation of NMLS are evaluated individually.
• The prior revocation will need to be stated clearly in the application.
• Provide circumstantial information and documents that prove good character and complete rehabilitation.

Critical documents needed:

• From the California DRE, check if your eligibility limit has been crossed.
• Obtain your official record of discipline to know what information is public.
• A lawyer dealing with real estate license issues could come in handy.
• Submit proof of good conduct and character following the suspension.
• Your specific reason for the suspension will greatly affect your acceptance changes.
• Line yourself with some effective rehabilitation plans before gathering your documents.

Some offenses lack waiting periods and steep waiting periods, while other infractions have straightforward waiting periods.

Do you want me to elaborate on the rehabilitation evidence that may support your application?