Subscribe to this RSS feed
Originating

Originating (1388)

Why Sales Differentiation Matters in a Purchase Money Market

Why Sales Differentiation Matters in a Purchase Money Market

Friday, 09 July 2021
Originating
Written by
In my training classes, there is often a lot of discussion about who is responsible for establishing a differentiation strategy in an originator’s territory. Most producers believe that differentiation has to do with their lender’s branding and marketing and is not about them personally. Read more...
Are You Hiring Radical Change Agents?

Are You Hiring Radical Change Agents?

Sunday, 27 June 2021
Originating
Written by
Jamie Dimon, Chairman and CEO of JPMorgan Chase Bank and respected banking industry guru recently said in an interview that bankers lack imagination when it comes to envisioning what their customers need. Read more...
Ruth Lee Talks Digital Mortgages, Why Lenders Struggle With Tech and More: Podcast

Ruth Lee Talks Digital Mortgages, Why Lenders Struggle With Tech and More: Podcast

Saturday, 26 June 2021
Originating
Written by
Ruth Lee, founder and CEO of the Denver-based mortgage advisory firm Big Think, discusses mortgage technology, the impact of COVID and more on the Fintech Hunting Podcast. Read more...
Husband and Wife Indicted in $2.5M Mortgage Scam

Husband and Wife Indicted in $2.5M Mortgage Scam

Saturday, 26 June 2021
Originating
Written by
A federal grand jury has indicted a husband and wife in connection with a mortgage fraud that cost financial institutions at least $2.5 million, authorities announced. Read more...
Lower, Fintech Platform for First Homes, Raises $100M

Lower, Fintech Platform for First Homes, Raises $100M

Saturday, 26 June 2021
Originating
Written by
Ohio-based home finance platform provider Lower has another $100 million in the bank that it plans to use to add new features. So reports TechCrunch. Read more...
Boomerang and Novice Loan Officers

Boomerang and Novice Loan Officers

Sunday, 20 June 2021
Originating
Written by
You have likely heard the term “boomerang buyers” referring to homeowners who lost their homes during the recession and are now eligible to purchase again. The concept of boomerang loan officers is not as well-known but should become more and more important with regard to recruiting in the future. Read more...
Culling the Herd: A Smarter Way to Reduce Your Sales Staff

Culling the Herd: A Smarter Way to Reduce Your Sales Staff

Sunday, 20 June 2021
Originating
Written by
In my recent conversations with mortgage executives, many are considering reducing their sales staff now that volume has slowed. The consensus is that now is a good time to cull bottom-tier producers who are only generating 20% of the total volume. However, because mortgage lending is characterized by perpetual “boom or bust” cycles, I believe… Read more...
Homebuying Startup Flyhomes Raises $150M

Homebuying Startup Flyhomes Raises $150M

Sunday, 20 June 2021
Originating
Written by
Flyhomes, a real estate startup that helps home buyers make cash offers, has added another $150 million in funding. So reports The Seattle Times. Read more...
Former Small-Town Mayor Faces Mortgage Fraud Probe

Former Small-Town Mayor Faces Mortgage Fraud Probe

Saturday, 19 June 2021
Originating
Written by
The embattled former mayor of Moss Point, Miss., is being investigated in Texas for mortgage fraud, according to court filings. So reports the Biloxi Sun Herald. Read more...
Ex-Mortgage Broker Charged in $1M Scam

Ex-Mortgage Broker Charged in $1M Scam

Saturday, 19 June 2021
Originating
Written by
A former mortgage broker has been arrested on a fraud charge in connection with a mortgage loan modification and investment scheme. So reports Business Observer. Read more...

FOLLOW US