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Fintech Startup Roam Bets on Assumable Mortgages Roam, a startup specializing in assumable mortgages—loans that home sellers can transfer to the buyer—has opened its doors. So reports The Real Deal.
Real Estate Investor Sentenced to Prison Over HELOC Scam A New Jersey federal judge has sentenced a real estate investor to two years in prison over a scheme that involved obtaining multiple home equity lines of credit on properties he owned, according to authorities. So reports NJBiz.
Divvy Homes, Once Worth $2B, Starts Third Round of Layoffs Divvy Homes, a real estate startup valued at $2 billion in August 2021, has commenced its third round of layoffs in the past year. So reports TechCrunch.

Fintech Startup Roam Bets on Assumable Mortgages Roam, a startup specializing in assumable mortgages—loans that home sellers can transfer to the buyer—has opened its doors. So reports The Real Deal.
Real Estate Investor Sentenced to Prison Over HELOC Scam A New Jersey federal judge has sentenced a real estate investor to two years in prison over a scheme that involved obtaining multiple home equity lines of credit on properties he owned, according to authorities. So reports NJBiz.
Divvy Homes, Once Worth $2B, Starts Third Round of Layoffs Divvy Homes, a real estate startup valued at $2 billion in August 2021, has commenced its third round of layoffs in the past year. So reports TechCrunch.
More Important Sphere Components In a prior column, I wrote about how your sphere is a compendium of your life. Your sphere must take into account every aspect of your life, including your relationships, experiences, skills, interests, ethnic background, strengths and even your weaknesses.
Level-up Your Personal Brand for Prospecting Success Developing a strong personal brand is essential if LOs want to capture the attention of borrowers and referral sources. The best originators are masters at cultivating a powerful online presence enabling them to stay top of mind among their ideal audience.

Mortgage Rates Hold Above 7% for Fifth Straight Week U.S. long-term mortgage rates have remained above 7% for five consecutive weeks amid ongoing inflation concerns. So reports CNN.
Millennials, Gen Z Losing Hope in Home Ownership: Redfin New survey results from Redfin suggest that millennials and Gen Z are feeling gloomy about the prospects that they will share in the American Dream. So reports DSNews.

Fintech Startup Roam Bets on Assumable Mortgages Roam, a startup specializing in assumable mortgages—loans that home sellers can transfer to the buyer—has opened its doors. So reports The Real Deal.
Real Estate Investor Sentenced to Prison Over HELOC Scam A New Jersey federal judge has sentenced a real estate investor to two years in prison over a scheme that involved obtaining multiple home equity lines of credit on properties he owned, according to authorities. So reports NJBiz.

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Mortgage Rates Hold Above 7% for Fifth Straight Week U.S. long-term mortgage rates have remained above 7% for five consecutive weeks amid ongoing inflation concerns. So reports CNN.
Millennials, Gen Z Losing Hope in Home Ownership: Redfin New survey results from Redfin suggest that millennials and Gen Z are feeling gloomy about the prospects that they will share in the American Dream. So reports DSNews.
Trident Mortgage Launches Subsidy Fund After Redlining Settlement Trident Mortgage has rolled out an $18.4 million mortgage assistant program as part of a settlement announced by the Department of Justice last year over “deliberate discrimination against minority families.” So reports NEXT Mortgage News.

Mortgage Rates Hold Above 7% for Fifth Straight Week U.S. long-term mortgage rates have remained above 7% for five consecutive weeks amid ongoing inflation concerns. So reports CNN.
Millennials, Gen Z Losing Hope in Home Ownership: Redfin New survey results from Redfin suggest that millennials and Gen Z are feeling gloomy about the prospects that they will share in the American Dream. So reports DSNews.
Trident Mortgage Launches Subsidy Fund After Redlining Settlement Trident Mortgage has rolled out an $18.4 million mortgage assistant program as part of a settlement announced by the Department of Justice last year over “deliberate discrimination against minority families.” So reports NEXT Mortgage News.
FHFA Seeks More Input on Credit Score Shift The Federal Housing Finance Agency has revealed plans for more stakeholder forums, listening sessions and other public engagement ahead of Fannie Mae and Freddie Mac’s new credit score requirements. So reports MortgageOrb.
MMG's Bodnar: It's All About Inflation and Oil Bill Bodnar of the Mortgage Market Guide (MMG) digs into inflation and oil and their impact on the mortgage market.