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The Learning Center
Our Learning Center ensures that every reader has a resource that helps them establish and maintain a competitive advantage, or leadership position. For instance, loan originators and brokers will have one-click access to resources that will help them increase their productivity. Search topics by category and keyword and generate free videos, webinars, white papers and other resources. If you would like to add your content to the learning center, please click here or email Tim Murphy at [email protected].
Chris Frankie
Couple Get Long Prison Terms in Religious Rent-to-Own Scam
- Tuesday, 06 October 2020
A couple received lengthy prison sentences for orchestrating Kingdom Connected Investments, a fraudulent rent-to-own scheme that was marketed as Christian-based. So reports the Greenville (S.C.) News.
Read more...$3T in Mortgage Volume and Its Unintended Consequences
- Thursday, 08 October 2020
Recently, the MBA reported that 2020 has been the best year in the industry since 2003 and that the volume generated to date is already $1 trillion more than in 2019. One of the few positive spots in the economy has been the housing market where there are not enough real estate sellers and affordable housing.
Read more...The Flaws of 100% Commission Pay Plans
- Wednesday, 21 October 2020
The 100% commission pay structure has long been considered the gold standard in mortgage lending as the best way to motivate originators to generate more volume. Implicit in a 100% commission pay structure is that a large reward is available for sales professionals who do well.
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