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Non-QM Mortgage Leaders Discuss How to Profit in Growing Space

Non-QM Mortgage Leaders Discuss How to Profit in Growing Space

Thursday, 16 June 2022
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“Non-QM” mortgages, or mortgages that are not required to meet the Consumer Financial Protection Bureau’s standard documentation procedures, have nearly doubled their share of the mortgage market in 2022. So reports TheMReport. Read more...
Rocket Mortgage Cuts Ties with Golfer Joining Saudi Tour

Rocket Mortgage Cuts Ties with Golfer Joining Saudi Tour

Thursday, 16 June 2022
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Dan Gilbert’s Rocket Mortgage has parted ways with golfer Bryson DeChambeau, who won the Rocket Mortgage Classic in 2020 and inked a sponsorship agreement with the home-lending company last year. So reports Golf Digest. Read more...
Redfin, Compass Deliver Pink Slips Amid Slowing Market

Redfin, Compass Deliver Pink Slips Amid Slowing Market

Thursday, 16 June 2022
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Faced with rising rates and falling sales, real estate companies Redfin and Compass have each unveiled a round of layoffs. So reports CNBC. Read more...
How to Get the Appointment with Your Recruiting Targets

How to Get the Appointment with Your Recruiting Targets

Sunday, 12 June 2022
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While it is important to identify your recruiting targets and the tools to help you reach and provide value to these targets, it is also important to know what to say to prospects. The ability to uncover the needs of your prospects is essential. Read more...
Getting Comfortable with Sales Discomfort

Getting Comfortable with Sales Discomfort

Sunday, 12 June 2022
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During a recent conversation, a senior executive and I discussed how hard it’s been for some originators to transition from the refinance boom to the tougher grind of purchase money. Read more...
Mr. Cooper Lays Off Another 5% of Workforce

Mr. Cooper Lays Off Another 5% of Workforce

Sunday, 12 June 2022
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After a round of layoffs earlier this year, Mr. Cooper has given pink slips to an additional 420 employees, or about 5% of its headcount. So reports The Real Deal. Read more...
Ex-Better.com Exec Claims CEO Misled Investors

Ex-Better.com Exec Claims CEO Misled Investors

Sunday, 12 June 2022
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A former Better.com executive has sued the company and CEO Vishal Garg for allegedly misleading investors ahead of a planned merger with a special-purpose acquisition company, or SPAC. So reports The Wall Street Journal. Read more...
United Wholesale CEO Loses Out on Bid for Denver Broncos

United Wholesale CEO Loses Out on Bid for Denver Broncos

Sunday, 12 June 2022
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A bidding group organized by United Wholesale Mortgage CEO Mat Ishbia is out of the running for the Denver Broncos. So reports Yahoo Sports. Read more...
Canada’s Pine Plots Mortgage Expansion with $27M Funding

Canada’s Pine Plots Mortgage Expansion with $27M Funding

Friday, 03 June 2022
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Pine, a Canadian startup offering a digital direct-to-consumer mortgage model, has banked $27 million as it plans for growth. So reports Bloomberg. Read more...
Mortgage Startup Tomo Cuts Staff by One-Third

Mortgage Startup Tomo Cuts Staff by One-Third

Friday, 03 June 2022
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Tomo, a startup that aimed to become a “Paypal for the mortgage industry,” has laid off 44 people, representing almost one-third of its headcount. So reports The Real Deal. Read more...

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