ORIGINATING
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Fugitives Nabbed Over Multi-State Mortgage Fraud Scheme Three people involved in an alleged scam resulting in millions of dollars in fraudulent mortgages have been arrested after several months on the run. So reports MarketWatch.
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AmCap Home Loans Picks Usherpa CRM Technology AmCap Home Loans has chosen Usherpa as the automated marketing and SmartCRM solution for its more than 500 loan originators and 140 branches.
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Rocket Launches Rate Drop Advantage, New Home Equity Loan Rocket Mortgage announced Rate Drop Advantage, a program that covers a significant chunk of closing costs for a refinancing if interest rates drop and a homebuyer refinances within three years of buying a home.
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Fugitives Nabbed Over Multi-State Mortgage Fraud Scheme Three people involved in an alleged scam resulting in millions of dollars in fraudulent mortgages have been arrested after several months on the run. So reports MarketWatch.
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AmCap Home Loans Picks Usherpa CRM Technology AmCap Home Loans has chosen Usherpa as the automated marketing and SmartCRM solution for its more than 500 loan originators and 140 branches.
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Rocket Launches Rate Drop Advantage, New Home Equity Loan Rocket Mortgage announced Rate Drop Advantage, a program that covers a significant chunk of closing costs for a refinancing if interest rates drop and a homebuyer refinances within three years of buying a home.
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Better.com Confirms Plans to Go Ahead with Public Offering Online mortgage lender Better.com has signaled that it is still aiming to hit the public markets via a deal with a blank-check company, or SPAC. So reports TechCrunch.
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Real Estate Manager Pleads Guilty to $50M Mortgage Fraud A Hartford, Conn., real estate portfolio manager has pleaded guilty to a charge stemming from a mortgage fraud scheme involving almost $50 million in loans. So reports the Hartford Business Journal.
BREAKING NEWS
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Santander Bank, Rocket Mortgage Team Up Rocket Mortgage is now the exclusive preferred mortgage provider for Santander Bank customers, the companies announced.
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Rate Locks Fall in July for Fourth Straight Month: Black Knight Rate lock activity slid 14.4% in July, marking a fourth consecutive month of declines. That’s according to Black Knight’s latest Originations Market Monitor report.
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Fugitives Nabbed Over Multi-State Mortgage Fraud Scheme Three people involved in an alleged scam resulting in millions of dollars in fraudulent mortgages have been arrested after several months on the run. So reports MarketWatch.
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AmCap Home Loans Picks Usherpa CRM Technology AmCap Home Loans has chosen Usherpa as the automated marketing and SmartCRM solution for its more than 500 loan originators and 140 branches.
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LENDING
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Santander Bank, Rocket Mortgage Team Up Rocket Mortgage is now the exclusive preferred mortgage provider for Santander Bank customers, the companies announced.
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Cost-Cutting Leads Lenders' 2022 Business Priorities: Fannie Mae Reducing expenses has become the most commonly cited business priority among senior mortgage executives surveyed by Fannie Mae, the mortgage finance giant announced.
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Rate Locks Fall in July for Fourth Straight Month: Black Knight Rate lock activity slid 14.4% in July, marking a fourth consecutive month of declines. That’s according to Black Knight’s latest Originations Market Monitor report.
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Santander Bank, Rocket Mortgage Team Up Rocket Mortgage is now the exclusive preferred mortgage provider for Santander Bank customers, the companies announced.
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Cost-Cutting Leads Lenders' 2022 Business Priorities: Fannie Mae Reducing expenses has become the most commonly cited business priority among senior mortgage executives surveyed by Fannie Mae, the mortgage finance giant announced.
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Rate Locks Fall in July for Fourth Straight Month: Black Knight Rate lock activity slid 14.4% in July, marking a fourth consecutive month of declines. That’s according to Black Knight’s latest Originations Market Monitor report.
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Mortgage Demand Posts First Weekly Increase Since June A key weekly measure of mortgage demand has edged upward, marking its first weekly rise since June 24. So reports CNBC.
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Loan Transfers Hurt Customer Satisfaction: J.D. Power Customer satisfaction suffers when a loan is transferred from an originator to a different servicer. That’s according to J.D. Power’s 2022 U.S. Mortgage Servicer Satisfaction Study.