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Woman Left Fraud History Out of Mortgage Application: DOJ

Woman Left Fraud History Out of Mortgage Application: DOJ

Friday, 09 April 2021
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A Rhode Island woman failed to mention in her mortgage application that she owed the government almost $400,000 for fraud, according to a federal indictment. So reports Patch.com. Read more...
Ex-Nike Manager Pleads Guilty to Scam Involving Phony Mortgage

Ex-Nike Manager Pleads Guilty to Scam Involving Phony Mortgage

Friday, 09 April 2021
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A former Nike manager accused of defrauding the company of almost $1.5 million has pleaded guilty to charges that include bogus mortgage paperwork. So reports Portland Business Journal. Read more...
Mortgage Business Owners Make 'America’s Most Wanted'

Mortgage Business Owners Make 'America’s Most Wanted'

Friday, 09 April 2021
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The married owners of a Hawaii mortgage business that purported to help out homeowners at risk of foreclosure have landed a place in an episode of “America’s Most Wanted.” So reports local TV station KHON2. Read more...
Ask The Expert: How Can I Get Prospects the New $15k Homebuyer Tax Credit?

Ask The Expert: How Can I Get Prospects the New $15k Homebuyer Tax Credit?

Thursday, 08 April 2021
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Myra from Georgia asked: "I have been told that the President’s tax credit has been passed. How can my prospects get the $15,000 which will help tremendously for a down payment? I have not seen many details published, but all of my real estate agents are excited."  Read more...
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5 Ways to Win in a Purchase Money Market in the New Reality

5 Ways to Win in a Purchase Money Market in the New Reality

Wednesday, 07 April 2021
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During my recent conversations with sales leaders, managers across the board expressed concern about their originators adapting to the new environment of rising interest rates and the shift to purchase money. Read more...
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Digital Mortgage Platform Maxwell Lands $16.3M in Funding

Digital Mortgage Platform Maxwell Lands $16.3M in Funding

Friday, 02 April 2021
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Maxwell, a digital platform serving small to mid-size mortgage originators, has raised $16.3 million that it plans to use for product development, market penetration and hiring. So reports Crowdfund Insider. Read more...
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Roofing Exec Convicted Over COVID-19 Loan Fraud

Roofing Exec Convicted Over COVID-19 Loan Fraud

Friday, 02 April 2021
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The head of a Florida roofing company has been convicted for misusing coronavirus relief funds to buy a 40-foot catamaran. So reports Business Observer. Read more...
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Six Family Members Admit to $1.3M Mortgage Scam

Six Family Members Admit to $1.3M Mortgage Scam

Friday, 02 April 2021
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Six members of a South Florida family have pleaded guilty for their roles in a mortgage fraud involving more than $1.3 million on 10 real estate transactions. So reports The Miami Herald. Read more...
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How Well Are Your Originators Managing Their Most Important Asset?

How Well Are Your Originators Managing Their Most Important Asset?

Tuesday, 30 March 2021
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Since 1999, I have analyzed top originators’ practices and personality traits—that’s 22 years and counting! I have conducted numerous validation studies in collaboration with psychologists to pinpoint the innate competencies that drive individuals to succeed in mortgage sales. Read more...
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Guaranteed Rate Launches Mortgage Tech Spin-Off Gateless

Guaranteed Rate Launches Mortgage Tech Spin-Off Gateless

Friday, 26 March 2021
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Guaranteed Rate has unveiled the creation of a new mortgage technology company, Gateless. So reports Dodd-Frank Update. Read more...

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