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Originating (1379)

Citigroup Adds to Mortgage Job Cuts

Citigroup has shed mortgage underwriting jobs as part of hundreds of cuts that also affect investment banking and technology. So reports Banking Dive. Read more...

FTC Votes 4-0 to Block Black Knight’s Acquisition by ICE

The Federal Trade Commission voted 4-0 for a lawsuit to stop Black Knight’s proposed $13 billion purchase by Intercontinental Exchange. So reports Bloomberg. Read more...

Convicted Scammer Admits to $20M Fraud During Pretrial Release

A Florida businessman has acknowledged committing loan fraud while on federal pretrial release, after being sentenced to 25 years in prison for a separate $179 million mortgage scam, according to the Department of Justice. So reports the Orlando Sentinel. Read more...

Ask The Expert: When to Ask a Customer for a Referral?

Juan from Florida asked: "I understand that I should be asking more often, however, I find it hard to find the right timing. When is the best time to ask for a referral from a present customer?" Read more...

Unlock Long-Term Success with This Unbeatable Strategy

Originators who want to achieve long-term success should take a page from top producers’ playbooks and strive to serve customers as professional FAs. Read more...

Ask The Expert: The Last Six Months Were the Worst of My Career. Any Suggestions?

Carolyn from Boston wrote in: "The past six months have been very tough. I have been in the business for over 20 years and have never struggled so badly from a production standpoint. Many loan officers and real estate agents I know are leaving the business. This is my career—I am not going anywhere. But… Read more...

Elevate Your Sales Team’s Success with This Simple Strategy

I’ve long believed that success in mortgage origination requires implementing the right sales tactics on a daily basis. Read more...

FTC May Fight Black Knight’s $13B Takeover by ICE

The Federal Trade Commission will likely move to block Black Knight’s $13 billion acquisition by Intercontinental Exchange, sources familiar with the situation say. So reports Politico. Read more...

Better.com Tool Lets Amazon Employees Buy Homes with Stock

Amazon has partnered with Better.com to allow employees to use vested company stock as collateral for home mortgages. So reports Business Insider. Read more...

Mortgage Loan Officer Lied About Child Support, Feds Say

A Florida-based mortgage loan officer forged documents to show that clients were divorced or receiving child support, according to a federal indictment. So reports the Orlando Sentinel. Read more...

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