Originating

Originating (1372)

Baby Steps: The Best Way to Make Selling Changes

Change is a topic that is discussed every day in the business world. Whether it is a better way to manage stress or learning social selling techniques, adopting new habits is essential if an originator wants to succeed in mortgage banking. Read more...

The Training Loan Officers Need

Much time is spent within the area of assessing loan officer hires. Assessments include the interview, trait testing, self-assessments and competency tests. When we find that a loan officer is deficient in their knowledge and/or skills within certain areas, how do we provide the training they need? Read more...

Brace Raises $10M to Shake Up Mortgage Servicing With AI

Digital mortgage-servicing platform Brace has announced another $10 million in Series A funding led by Point72 Ventures, which brings the company’s total funding to $15 million in under two years. Read more...

Developer Gets 20 Months for Condo Conversion Scam

A Florida real estate developer has received a sentence of 20 months in federal prison for a mortgage fraud scheme involving a hotel that had been converted into condominiums. So reports the Florida Business Observer. Read more...

Real Estate Firm Owner Who ‘Targeted Vulnerable’ is Convicted

A Massachusetts real estate broker and owner of his own company, Eastern Funding & Investment, has been found guilty on multiple counts of larceny. So reports the Attleboro, Mass. Sun Chronicle. Read more...

Fintechs House Canary and Reggora Rake in VC Funding

Two fintech startups of note to the mortgage industry, House Canary and Reggora, have announced multi-million-dollar funding rounds. So reports Crowdfund Insider. Read more...

BoA and Feds Vie to Reclaim Mansion from 'Reverend'

Bank of America (BoA) and the Internal Revenue Service (IRS) are in a legal fight with a self-proclaimed “reverend” over ownership of a Dallas mansion and its related tax liens. So reports The Dallas Morning News. Read more...

When You Speak to Groups, Does Anyone Listen?

When conducting training on lead generation, I often see originators who are not good speakers in front of a group. Some originators think they don’t need this skill set. Read more...

MBA Prez Predicts 9% Increase in Originations in 2020

MBA President and CEO Bob Broeksmit said the organization anticipates a 9% increase to a new record in originations. He made those comments while speaking at the 2020 Commercial Real Estate Finance/Multifamily Housing Convention & Expo. Read more...

Black Knight, Quicken Loans Broaden Partnership

Black Knight and Detroit-based Quicken Loans announced the companies have broadened their relationship as Quicken Loans extended its contract for Black Knight’s MSP servicing system and is adding multiple Black Knight solutions. Additionally, Black Knight purchased the source code for Quicken Loans’ “Cyclops” mortgage servicing customer relationship management (CRM) software. Read more...

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