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Rocket and UWM Raise Pressure on Smaller Competitors

Rocket and UWM Raise Pressure on Smaller Competitors

Monday, 05 September 2022
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Rocket Mortgage and United Wholesale Mortgage have been taking aggressive steps to win market share at a time when smaller rivals have been scaling back or shuttering. So reports The Financial Times. Read more...
Better.com Wavers on Plan to Go Public, As Layoffs Continue

Better.com Wavers on Plan to Go Public, As Layoffs Continue

Monday, 05 September 2022
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Online real-estate startup Better.com has indicated in regulatory filings that its plan to go public via an arrangement called a SPAC has been losing steam. So reports The Daily Beast. Read more...
Real Estate Lawyer, Wife Sentenced to Prison for Mortgage Scams

Real Estate Lawyer, Wife Sentenced to Prison for Mortgage Scams

Monday, 05 September 2022
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An ex-real estate lawyer and his wife have received prison time over multiple mortgage fraud scams. So reports the Cape Cod Times. Read more...
What Defines Good Sales Training?

What Defines Good Sales Training?

Saturday, 20 August 2022
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Fact: Every day, senior managers must contend with mortgage originators who are not generating enough volume. In many cases, sales training can improve performance and move the needle on sales results–IF the training has the right components. Read more...
loanDepot Leaves Wholesale Mortgage Space, Cuts Jobs

loanDepot Leaves Wholesale Mortgage Space, Cuts Jobs

Saturday, 20 August 2022
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loanDepot has announced that it is exiting the wholesale channel as it posted a $223.8 million net loss for the second quarter. Read more...
Wells Fargo Eyes Retreat from Mortgage Business

Wells Fargo Eyes Retreat from Mortgage Business

Saturday, 20 August 2022
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Wells Fargo is looking to cut back its sprawling mortgage operations. So reports Bloomberg. Read more...
Steven Schnall, Quontic Bank CEO, Dies in Accident

Steven Schnall, Quontic Bank CEO, Dies in Accident

Saturday, 20 August 2022
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Steven Schnall, an entrepreneur who built a successful mortgage business as CEO of Quontic Bank, has died in a motorcycle accident at age 55. So reports The Real Deal. Read more...
Fugitives Nabbed Over Multi-State Mortgage Fraud Scheme

Fugitives Nabbed Over Multi-State Mortgage Fraud Scheme

Sunday, 07 August 2022
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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. Read more...
AmCap Home Loans Picks Usherpa CRM Technology

AmCap Home Loans Picks Usherpa CRM Technology

Friday, 05 August 2022
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AmCap Home Loans has chosen Usherpa as the automated marketing and SmartCRM solution for its more than 500 loan originators and 140 branches. Read more...
Rocket Launches Rate Drop Advantage, New Home Equity Loan

Rocket Launches Rate Drop Advantage, New Home Equity Loan

Friday, 05 August 2022
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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.  Read more...

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