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Former Porn Lawyer Gets Prison for Mortgage Scam

Former Porn Lawyer Gets Prison for Mortgage Scam

Tuesday, 11 February 2020
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Paul Nicoletti, former attorney for the litigious pornography company Malibu Media, is headed to prison for his role in a phony mortgage scheme. So reports Michigan’s The Oakland Press. Read more...
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Rocket Mortgage Paid Out $1.75M During Super Bowl

Rocket Mortgage Paid Out $1.75M During Super Bowl

Saturday, 08 February 2020
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Quicken Loans announced that its Rocket Mortgage business handed out $1.75 million in its Super Bowl Squares game during this year’s Super Bowl LIV match-up between the Kansas City Chiefs and the San Francisco 49ers. Read more...
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Experts Win on Value—Generalists Die on Price

Experts Win on Value—Generalists Die on Price

Thursday, 06 February 2020
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“Experts Win on Value—Generalists Die on Price” is a quote by well-known marketing guru David Newman, who I think is a smart sales consultant. Similar to Seth Godin, Newman is right on the money when it comes to succeeding in today’s attention-deficit selling world. Read more...
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Ask The Expert: How Can I Compete with Overpromisers?

Ask The Expert: How Can I Compete with Overpromisers?

Tuesday, 04 February 2020
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Thomas from Vermont asks: I am a fairly new broker with a small integrity driven firm. While my knowledge is perhaps not as vast as a seasoned broker, I often find potential clients are being promised things that truly cannot be delivered. How can I keep my integrity and show a client the process without… Read more...
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Churchill Mortgage Goes Digital in Partnership with Infosys

Churchill Mortgage Goes Digital in Partnership with Infosys

Sunday, 02 February 2020
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Churchill Mortgage has announced a partnership with Infosys, the India-based information technology giant, “to dynamically change the way it does business in a significant way.” Read more...
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Father-Son Mortgage Scammers Get More Prison Time

Father-Son Mortgage Scammers Get More Prison Time

Friday, 07 February 2020
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A judge has ramped up the legal penalties against a New Jersey family for back-to-back schemes that swindled investors out of $7 million. So reports NorthJersey.com. Read more...
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Landlord to Pay $63M in Alleged Ponzi Scheme

Landlord to Pay $63M in Alleged Ponzi Scheme

Wednesday, 05 February 2020
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A court has approved the distribution of more than $63 million to investors in New York real estate developer Robert Morgan’s allegedly fraudulent real estate investment scheme, the Securities and Exchange Commission has announced. Read more...
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Ask The Expert: Should I Start My Own Mortgage Business?

Ask The Expert: Should I Start My Own Mortgage Business?

Friday, 31 January 2020
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Irv from New York asks: I have been studying the mortgage business for some time now, as I intend to make a career change in the near future. I am excited by the idea of helping people to purchase or refinance their homes while making a decent living for myself. I would be more interested… Read more...
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Black Knight: 9.4M Refi Candidates in the Market

Black Knight: 9.4M Refi Candidates in the Market

Wednesday, 29 January 2020
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We remain in an environment where even slight changes in interest rates–in either direction–can have an outsized impact on the number of refinance candidates. Read more...
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CFPB Letter Signals Changes to QM Rule

CFPB Letter Signals Changes to QM Rule

Sunday, 26 January 2020
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Kathy Kraninger, Director of the Consumer Financial Protection Bureau, recently sent a letter to Congress outlining the Bureau’s plan for a revised Qualified Mortgage (QM) Standard. Read more...
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