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Originating (1379)

The Recruitment Package

The key to marketing is to make your company look different in a positive manner. When most people are interviewed, they rarely receive anything but directions to the office. Loan officer candidates are maybe offered a rate sheet and perhaps some flyers. Shouldn’t we have a professional presentation to attract a professional? Read more...

Are Your LOs Adding Value to Their Customer Relationships?

In my loan officer sales training programs, I’m often surprised by how many originators believe the value they bring to customers is simply providing funding at closing. While helping borrowers purchase or refinance a home is certainly the outcome of a loan officer’s sales efforts, the best originators think differently about their role. Read more...

Better.com Makes Third Round of Layoffs in Five Months

Online mortgage lender Better.com has notified employees of its third set of layoffs in less than five months. So reports TechCrunch. Read more...

Blend Labs Cuts 200 Jobs Less Than a Year After Going Public

Blend Labs, a publicly traded mortgage technology company, has revealed that it will lay off 200 people, representing about 10% of its workforce. So reports MarketWatch. Read more...

Developer Bob Morgan Pays $16.3M to End Mortgage Fraud Case

Robert “Bob” Morgan has agreed to surrender $16.3 million to settle prosecutors’ mortgage fraud charges against the Rochester, N.Y., developer. So reports The Buffalo News. Read more...

Podcast: How Financial Literacy Makes Women Wealthy

Jen Du Plessis, host of Mortgage Lending Mastery, interviews Loral Langemeier, a money expert and the CEO and Founder of Live Out Loud, Inc. Read more...

Ask The Expert: More Insights on Conventional Loans Vs. FHA Loans

In a previous column, I answered a question from Gerry from California about conventional loans compared to FHA loans. I have some additional thoughts on the topic.  Read more...

During Volatile Markets, Referral Relationships Matter More Than Ever

In my recent conversations with senior executives, many sales leaders are panicked about their drop in sales volume and how tough the remainder of the year looks for their organizations. While the refinance boom’s record profits are quickly fading in the rearview mirror, the traditional purchase money market looms large on the road to success… Read more...

Dan Gilbert Taps Nic Barlage As Cleveland Cavaliers CEO

Dan Gilbert’s Cleveland Cavaliers, Rocket Mortgage FieldHouse and Rock Entertainment Group have announced Nic Barlage as their new CEO. So reports WKYC. Read more...

Developer Bob Morgan Pleads Guilty to Mortgage Fraud

Robert “Bob” Morgan has pleaded guilty to wire fraud conspiracy, potentially ending a sweeping mortgage fraud probe against the Rochester, N.Y., developer. So reports the Rochester Democrat and Chronicle. Read more...

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