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Storytelling: The Key to More Powerful Sales Presentations

Storytelling: The Key to More Powerful Sales Presentations

Wednesday, 18 October 2023
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Storytelling is one of the most powerful tools that originators have to help engage prospects and referral sources. The best producers incorporate storytelling into their sales presentations to forge stronger relationships and persuade borrowers or referral sources to work with them. Read more...
How to Push Past Procrastination and Achieve Your Goals

How to Push Past Procrastination and Achieve Your Goals

Saturday, 14 October 2023
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Procrastination. It happens to every mortgage manager or LO at some point or another no matter how dedicated and driven they are. Whether it’s coaching your team or making prospecting calls to Realtors, putting off important tasks can throw a wrench in the works and negatively impact your bottom line. Fortunately, there are simple steps… Read more...
UWM, G-Rate Raise Conforming Loan Limits

UWM, G-Rate Raise Conforming Loan Limits

Saturday, 14 October 2023
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United Wholesale Mortgage and Guaranteed Rate have preemptively boosted their mortgage limits to $750,000 for the continental United States. So report Bankrate and Inman. Read more...
CoreLogic Launches First Joint Platform with Roostify

CoreLogic Launches First Joint Platform with Roostify

Saturday, 14 October 2023
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CoreLogic has rolled out its first combined offering with Roostify, a digital mortgage technology provider that it recently acquired. So reports MortgageOrb. Read more...
Former Live Well Bond Maven Avoids Prison Time

Former Live Well Bond Maven Avoids Prison Time

Saturday, 14 October 2023
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Live Well Financial’s former chief bond trader, Darren Stumberger, has been sentenced to time served over his role in the fraud scheme that forced the mortgage company into bankruptcy. So reports Richmond BizSense. Read more...
Who Makes the Best Mentor?

Who Makes the Best Mentor?

Saturday, 07 October 2023
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Mentoring is a time intensive activity. So much so that this is sometimes the main reason a vast majority of managers have refused to bring in novice loan officers in the past. Or, if they do, the loans officer does not get the direction they need. Read more...
Newrez Opens Onward Home Mortgage with Keller Williams

Newrez Opens Onward Home Mortgage with Keller Williams

Saturday, 07 October 2023
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Mortgage lender and servicer Newrez has teamed up with Keller Williams Georgia Legacy Group to roll out a new joint venture mortgage company, Onward Home Mortgage. So reports TheMReport. Read more...
Washington Trust Settles Redlining Case for $9M

Washington Trust Settles Redlining Case for $9M

Saturday, 07 October 2023
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Washington Trust has agreed to pay $9 million to settle allegations that the 200-year-old community bank discriminated against Black and Hispanic borrowers. So reports The Providence Journal. Read more...
Real Estate CEO Admits to Falsifying Mortgage Documents

Real Estate CEO Admits to Falsifying Mortgage Documents

Saturday, 07 October 2023
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A former Michigan real estate executive now based in California faces up to five years in prison after pleading guilty to a scheme to falsify documents submitted to mortgage lenders, according to federal authorities. So reports The Real Deal. Read more...
Rocket Pro TPO Expands Its Conforming Loan Limits

Rocket Pro TPO Expands Its Conforming Loan Limits

Monday, 02 October 2023
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In November the Federal Housing Finance Agency (FHFA) typically publishes the changes to its conforming loan limits for loans purchased by Fannie Mae and Freddie Mac. The Housing and Economic Recovery Act (HERA) requires that the baseline conforming loan limit be adjusted each year to reflect the change in the average U.S. home price. Since housing prices… Read more...

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