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Are Your LOs Ready to Sell in the AI Age?

Are Your LOs Ready to Sell in the AI Age?

Saturday, 30 September 2023
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With the mainstreaming of ChatGPT and similar applications, there's no turning back from artificial intelligence (AI). Read more...
Live Well Financial CEO Loses Second Bid for New Trial

Live Well Financial CEO Loses Second Bid for New Trial

Saturday, 30 September 2023
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A federal judge has denied Live Well Financial CEO Michael Hild’s most recent request for a new trial following his fraud conviction. So reports Richmond BizSense. Read more...
Mortgage Machine Launches Origination Platform for Lenders

Mortgage Machine Launches Origination Platform for Lenders

Saturday, 30 September 2023
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Mortgage Machine Services has introduced its eponymous Mortgage Machine platform, an “out-of-the-box, all-in-one” loan origination system meant to speed up operations for residential mortgage lenders. So reports MortgageOrb. Read more...
LenderLogix Raises $500K to Spur Lending in Low-Income Areas

LenderLogix Raises $500K to Spur Lending in Low-Income Areas

Saturday, 30 September 2023
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Buffalo, New York-based startup LenderLogix has secured additional funding to help it build out its platform CRA Analytics, which aims to boost mortgage lending in low-income communities nationwide. So reports The Buffalo News. Read more...
Ask The Expert: I Keep Getting Beat On Price, What Can I Do?

Ask The Expert: I Keep Getting Beat On Price, What Can I Do?

Saturday, 23 September 2023
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John from Texas previously wrote in about getting beat out on price. I have already written about this in two previous columns, but this is an important topic, and I have even more thoughts on it. Read more...
Sherlock: 3 Sales Training Pitfalls To Avoid

Sherlock: 3 Sales Training Pitfalls To Avoid

Saturday, 23 September 2023
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The best mortgage managers recognize that updating their sales team’s selling skills is mandatory if their LOs want to remain top of mind and relevant in the marketplace. However, all sales training is not created equal. Read more...
Home Point Settles IPO Class Action for $5M

Home Point Settles IPO Class Action for $5M

Saturday, 23 September 2023
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Home Point has agreed to cough up $5 million to settle investors’ proposed class action lawsuit claiming the wholesale mortgage lender made inflated claims ahead of its initial public offering in January 2021. That’s according to Stanford Law School’s Securities Action Clearinghouse and Law360. Read more...
Ocrolus Launches 'Instant' for AI-Fueled Document Insights

Ocrolus Launches 'Instant' for AI-Fueled Document Insights

Saturday, 23 September 2023
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Ocrolus, an artificial-intelligence document platform for lending decision makers, has rolled out Instant, which automatically provides analysis about financial documents. So reports MortgageOrb. Read more...
RE/MAX Settles Commission Lawsuits for $55M

RE/MAX Settles Commission Lawsuits for $55M

Saturday, 23 September 2023
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RE/MAX has agreed to pay $55 million to resolve a pair of class-action lawsuits claiming that the brokerage colluded with the National Association of Realtors to inflate agent commissions, according to a regulatory filing. So reports The Real Deal. Read more...
Fintech Startup Roam Bets on Assumable Mortgages

Fintech Startup Roam Bets on Assumable Mortgages

Friday, 15 September 2023
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Roam, a startup specializing in assumable mortgages—loans that home sellers can transfer to the buyer—has opened its doors. So reports The Real Deal. Read more...

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