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Ask The Expert: What Will the Rest of 2020 Look Like?

Ask The Expert: What Will the Rest of 2020 Look Like?

Friday, 14 August 2020
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In my previous column, Jason from California asked about the rest of 2020 and I wrote about keeping in touch in a different way this year. Here is part 2 of my response. Read more...
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Bodnar of MMG: Never-ending Stimulus

Bodnar of MMG: Never-ending Stimulus

Friday, 07 August 2020
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Bill Bodnar of The Mortgage Market Guide (MMG) discusses how The Fed is pushing everything higher except rates. He also discusses the coronavirus, stocks have gone higher, all-time closing low yields on 10-year notes, jobs, and supersized auctions from the Treasury. Read more...
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Black Knight to Buy Optimal Blue for $1.8B

Black Knight to Buy Optimal Blue for $1.8B

Saturday, 08 August 2020
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Black Knight has unveiled a $1.8 billion agreement to purchase Optimal Blue, an online mortgage marketplace that links mortgage originators to secondary investors. So reports the Jacksonville (Fla.) Daily Record. Read more...
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Court Nixes DOJ Bid to Toss Whistleblower’s Mortgage Fraud Case

Court Nixes DOJ Bid to Toss Whistleblower’s Mortgage Fraud Case

Tuesday, 11 August 2020
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The Trump administration has been hit with another setback in its effort to avoid prosecuting a whistleblower claim against Academy Mortgage. So report Law360 and Bloomberg Law. Read more...
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Fraudster Pleads Guilty to $32M in Fictitious Mortgages

Fraudster Pleads Guilty to $32M in Fictitious Mortgages

Wednesday, 12 August 2020
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A Colorado man has pleaded guilty to federal bank fraud and aggravated identity theft charges in a scheme involving almost $32 million in phony mortgages, according to authorities. So reports the Boulder, Colo. Daily Camera. Read more...
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Ask The Expert: What Will the Rest of 2020 Look Like?

Ask The Expert: What Will the Rest of 2020 Look Like?

Friday, 31 July 2020
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Jason from California asks: "In my 20 years as a loan officer, this has been the weirdest year. What do you think the rest of this year is going to look like from a production standpoint? Will the refinances continue? Will the purchase market collapse as it did the last recession?" Read more...
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There is Never a Perfect Time Change Your Sales Process

There is Never a Perfect Time Change Your Sales Process

Thursday, 30 July 2020
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In the current marketplace, where volume is overwhelming and many lenders are turning away business, it may seem counterintuitive to discuss what it will take to succeed in a 2021 purchase money environment. Nothing could be further from the truth. Read more...
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Real Estate Startup Orchard Gets Into Mortgage Biz

Real Estate Startup Orchard Gets Into Mortgage Biz

Wednesday, 29 July 2020
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Real estate tech company Orchard, which offers products for home buyers and sellers, has unveiled the launch of a mortgage unit. So reports Inman. Read more...
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Better Business Bureau Warns of Foreclosure 'Rescue' Scams

Better Business Bureau Warns of Foreclosure 'Rescue' Scams

Sunday, 26 July 2020
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The Better Business Bureau is warning that a mortgage scam is picking up steam during the coronavirus crisis. So reports Tucson, Arizona’s KGUN. Read more...
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Mortgage Fraud Convictions Tossed Over Witness Evidence

Mortgage Fraud Convictions Tossed Over Witness Evidence

Tuesday, 28 July 2020
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The Ninth Circuit Court of Appeals has ordered that federal mortgage convictions against two Southern California men must be reversed. So reports Bloomberg Law and Law360. Read more...
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