Originating - The Mortgage Leader

Rising Mortgage Rates and Their Impact on the Housing Market
Explore the effects of rising mortgage rates on the housing market, with insights into buyer behavior and real estate trends amidst economic shifts.

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Originating (1379)

Ask The Expert: Where Should I Look for Alternative Sources of Business?

Sunday, 04 June 2023

Originating

Written by The Mortgage Leader

Bert from Missouri wrote in: "I am looking for alternative sources of business aside from my referrals from previous customers and real estate agents. Where do you think I should start?" Read more...

Get Back to Basics to Drive Better Sales Results

Sunday, 04 June 2023

Originating

Written by The Mortgage Leader

As loan officers scramble to hit production goals in this challenging market, many lenders are searching for answers in all the wrong places. While adopting new technology or holding a big sales rally might seem like the logical next step, these options are not enough to generate loan demand long-term. Read more...

JPMorgan Lays Off 1,000 First Republic Employees

Sunday, 04 June 2023

Originating

Written by The Mortgage Leader

After buying collapsed bank First Republic, JPMorgan Chase has begun laying off 15% of its workforce, or about 1,000 people. So reports BBC News. Read more...

Nations Lending Picks Blend for Digital Mortgage Platform

Sunday, 04 June 2023

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Written by The Mortgage Leader

Nations Lending has announced that it will use cloud banking service provider Blend’s Mortgage Suite to build a lending platform that streamlines the mortgage origination process. So reports MortgageOrb. Read more...

OneMain Financial Fined $4.25M Over Cybersecurity Incidents

Sunday, 04 June 2023

Originating

Written by The Mortgage Leader

OneMain Financial Group has agreed to pay a $4.25 million penalty to New York state to settle allegations the non-prime mortgage lender and servicer failed to adequately protect customer data. So reports SC Media. Read more...

Do You Have a Quality Mentorship Program?

Friday, 26 May 2023

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Written by The Mortgage Leader

The purpose of a mentorship program is to facilitate field training for new hires that are not experienced so that they will receive the support they need to transition into productive members of the sales force. Having a mentorship program will also relieve the burden on branch managers who are then freed up to recruit… Read more...

Social Selling the Key to Personal Brand Building

Friday, 26 May 2023

Originating

Written by The Mortgage Leader

You know the drill: social selling is a requirement for LOs who want to increase their visibility among potential customers and referral sources. Read more...

Freddie Mac Updates Income Assessment Tool for Digital Paystubs

Friday, 26 May 2023

Originating

Written by The Mortgage Leader

Freddie Mac has revised its automated income assessment tool so that lenders may now use a borrower’s digital paystub data as part of their assessment of a homebuyers’ income paid through direct deposit. So reports DSNews. Read more...