Originating

Originating (1370)

The Key to Improving 'B' Originators

During a recent conversation, a mortgage banking executive shared how difficult it is for some originators to transition from the easy business of borrowers shopping for lower interest rates to the arguably tougher sell: convincing prospects that financing a home loan for 30 years is in their best interest. Read more...

What Went Wrong With Zillow’s Home-Flipping Business?

Zillow’s recent announcement that the online real estate company would be ending its home-buying business and cutting 25% of its workforce appears to have been the result of market forces colliding with short time frames. So reports Quartz. Read more...

Podcast: California MBA CEO Susan Milazzo Blazes Her Own Trail

California Mortgage Bankers Association CEO and industry innovator Susan Milazzo talks about getting started in the mortgage industry and what CMBA is doing to bring value to the business. Read more...

Rocket Mortgage Teams with Salesforce on Originations

Rocket Mortgage has joined forces with Salesforce to enable financial institutions to use Rocket’s mortgage origination technology. So reports Atlanta Agent. Read more...

What Bill Parcells Can Teach Mortgage Bankers

The latest MBA industry forecast indicates a precipitous 62% drop in refinance volume for 2022. I think that all managers knew this day would come and it has finally arrived. The refinance party is over. The key question for leaders now: What strategies will they implement to generate loan volume in a purchase money environment? Read more...

Podcast: Optifunder’s Brian Abbott Has a Tool for Funding Loans

Brian Abbott, chief operating officer at Optifunder, describes how his firm’s warehouse management platform helps originators fund loans at the lowest cost of funds. Listen to his perspective in a recent episode of the Fintech Hunting podcast. Read more...

Hawaii Mortgage Fraud Costs Alleged Scammer $1.5M

A Hawaii woman has been ordered to pay more than $1.5 million in civil fines and penalties for a mortgage scam that cost a couple their home. So reports the Honolulu Star-Advertiser. Read more...

Online Mortgage Startup Maxwell Grabs a Fresh $52.5M

Maxwell, a digital mortgage startup that caters to small and mid-size lenders, has another $52.5 million in the bank. So reports Bloomberg. Read more...

Podcast: Practical Tips On How to Track Conversions and Make More Money

If you get a hundred leads a month but only close seven, there’s a problem. Read more...

The Solution to Poor Online Customer Reviews

During my training classes, I always ask students to check online ratings to see how borrowers feel about their lender’s customer experience. Read more...

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