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17 Arrested Over $3.6M Real Estate Fraud Scheme

17 Arrested Over $3.6M Real Estate Fraud Scheme

Friday, 03 November 2023
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Montreal police have arrested 17 people on charges involving a real estate fraud ring that allegedly pilfered more than $5 million CAD ($3.6 million). So reports The Montreal Gazette. Read more...
Ask The Expert: How Come Top Producers Keep Brushing Me Off?

Ask The Expert: How Come Top Producers Keep Brushing Me Off?

Thursday, 02 November 2023
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Many readers have written in and contributed to this question: Most of my real estate agents are new and they do not produce much, but they keep me busy chasing low-quality leads. My manager suggested that I focus on top producers. However, when I approach them, I get 'I am a listing agent, so don’t… Read more...
Barriers to Homeownership: How to Bridge the Gap

Barriers to Homeownership: How to Bridge the Gap

Thursday, 02 November 2023
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The barriers to homeownership remain significant. That's according to the latest NAR surveys of Realtors and potential borrowers. Lenders and LOs are challenged to overcome these obstacles if they want to grab their share of a shrinking market and generate revenue. Read more...
Ask The Expert: Focusing On Referrals Over a Pricey Marketing System

Ask The Expert: Focusing On Referrals Over a Pricey Marketing System

Monday, 30 October 2023
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In my previous column, I answered a question from Carla from Alabama who was thinking about buying an expensive marketing system. I have some additional thoughts.  Read more...
Visual Capitalist Charts Mortgage Banking Highs and Lows

Visual Capitalist Charts Mortgage Banking Highs and Lows

Monday, 30 October 2023
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Mortgage boom or bust cycles are nothing new. But what’s different about our current marketplace involves the degree of fluctuation we’ve seen in the last few years. Read more...
Justice Department: Redlining Settlements Top $107M

Justice Department: Redlining Settlements Top $107M

Monday, 30 October 2023
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The Department of Justice announced it has secured more than $107 million for communities of color through its crackdown on mortgage lending discrimination. So reports DSNews. Read more...
Essent Guaranty Integrates with Mortgage Cadence

Essent Guaranty Integrates with Mortgage Cadence

Monday, 30 October 2023
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Essent Guaranty, a private mortgage insurer, has announced an integration with software maker Mortgage Cadence’s Loan Fulfillment Center. So reports The Daily Gazette. Read more...
Feds Drop Mortgage Charge in PPP Fraud Guilty Plea

Feds Drop Mortgage Charge in PPP Fraud Guilty Plea

Monday, 30 October 2023
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A New England man who has pleaded guilty to four counts of wire fraud in connection with an alleged pandemic-era loan scam will not have to face a fifth charge relating to mortgage fraud, according to authorities. So reports The Maine Wire. Read more...
MBA Sees Originations Rebound in 2024 as Rates Potentially Ease

MBA Sees Originations Rebound in 2024 as Rates Potentially Ease

Friday, 20 October 2023
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The Mortgage Bankers Association has forecast a strong recovery for mortgage originations in 2024, following a modest recession that will bring down mortgage rates. So reports Business Insider. Read more...
Freddie Mac Adds Down Payment Assistance Tool

Freddie Mac Adds Down Payment Assistance Tool

Friday, 20 October 2023
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Freddie Mac has unveiled DPA One, a free online resource to help mortgage lenders match borrowers to down payment assistance programs. So reports DSNews. Read more...

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