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Mortgage LO Faces 90 Years for Faking Clients' Child Support

Mortgage LO Faces 90 Years for Faking Clients' Child Support

Sunday, 16 April 2023
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A Florida-based mortgage loan officer has been convicted of forging documents to show that clients were divorced or receiving child support. The charges carry a maximum of 90 years in prison. So reports Orlando-News.com. Read more...
Ask The Expert: Is It Just Me, Or Is This Slump Lasting Extra Long?

Ask The Expert: Is It Just Me, Or Is This Slump Lasting Extra Long?

Saturday, 08 April 2023
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Perplexed in Arizona wrote in asking: This tough market has gone on for a long time. I have been in the industry for over 20 years, but never remember a slump lasting this long. Is my memory wrong and, either way, how do I keep my attitude right with so many challenges today? Read more...
Can You Afford the Cost Of Average Sales Results?

Can You Afford the Cost Of Average Sales Results?

Saturday, 08 April 2023
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What percentage of your LOs are consistently hitting–or exceeding–their sales goals? If you’ve accepted the status quo, it may be costing you long-term stability and success. Read more...
To Succeed In This Market, Focus On Relationships: Expert

To Succeed In This Market, Focus On Relationships: Expert

Friday, 07 April 2023
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Mortgage industry veteran Ron Vaimberg has advised that the loan originators who are doing well in the current market have kept up strong relationships with realtors, financial professionals and other referral partners. So reports MReport. Read more...
Trump Lawyer Defended Subprime Mortgage Fraudster

Trump Lawyer Defended Subprime Mortgage Fraudster

Friday, 07 April 2023
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Susan Necheles, one of the lawyers accompanying former President Donald Trump during his arraignment hearing on charges of falsifying business records, has a curious connection to the mortgage industry. So reports Slate. Read more...
SoFi Buys Wyndham Capital Mortgage to Beef Up Lineup

SoFi Buys Wyndham Capital Mortgage to Beef Up Lineup

Friday, 07 April 2023
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SoFi Technologies has acquired a fellow fintech lender, Wyndham Capital Mortgage, in an effort to offer a wide suite of mortgage products. So reports Fintech Futures. Read more...
Wells Fargo Must Face Predatory Lending Suit, Judge Rules

Wells Fargo Must Face Predatory Lending Suit, Judge Rules

Friday, 31 March 2023
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A federal judge has denied Wells Fargo’s request to dismiss a predatory lending complaint filed by three counties in Georgia. So reports National Mortgage Professional. Read more...
Rocket Mortgage Unveils Rocket Visa Signature Card

Rocket Mortgage Unveils Rocket Visa Signature Card

Friday, 31 March 2023
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Rocket Mortgage has introduced a credit card that aims to help save for or pay off a home. So reports CNBC. Read more...
First Mortgage Co., McCord Must Pay $31M, Judge Rules

First Mortgage Co., McCord Must Pay $31M, Judge Rules

Friday, 31 March 2023
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Oklahoma City-based mortgage company First Mortgage Co. and owner Ron McCord must pay warehouse lender CapLoc $31 million plus interest, a Manhattan federal judge has ruled. So reports NEXT Mortgage News. Read more...
Hispanic Borrowers: Are Your LOs Bypassing This Massive Opportunity?

Hispanic Borrowers: Are Your LOs Bypassing This Massive Opportunity?

Thursday, 30 March 2023
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If your loan officers are not actively courting Latino home loan prospects, you could be walking away from massive profit potential, according to the latest stats from The National Association of Hispanic Real Estate Professionals® (NAHREP). Read more...

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