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Blend Labs Goes Public, Rises to $4B Valuation

Blend Labs has made its debut as a public company, giving the digital mortgage technology provider a stock-market valuation of more than $4 billion. So reports TechCrunch. Read more...

Seven Charged Over Mortgage Scam in Southern California

An alleged mortgage fraud scheme in Tustin and Santa Ana, Calif., has led to charges against seven defendants. So reports The Orange County Register. Read more...

Exec Who Copped to Mortgage Fraud Appeals Prison Sentence

The head of a Florida roofing company has appealed his prison sentence and $2.7 million forfeiture order after pleading guilty to mortgage fraud and being found guilty on other counts, including bank fraud. So reports the local Fort Myers News-Press. Read more...

Digital Lender Blend Labs Aims to Raise $360M in IPO

Mortgage-focused online lending platform Blend Labs has revealed that it hopes to raise as much as $360 million in its initial public offering. So reports Reuters. Read more...

BlackFin’s Landon Explains How Tech Can Help Mortgage Biz

Cecilia Janson, partner and chief delivery officer at BlackFin Group, breaks down technology’s role in addressing mortgage lenders’ challenges during a recent episode of the Fintech Hunting podcast. Read more...

Evaluating the Part-time Question

Though the vast majority of loan officers are full time, the part-time question will come up once in a while. For example, perhaps a boomerang loan officer has a full time job but wants to produce a few loans each month. Or perhaps a rookie does not want to let go of their present job… Read more...

Why Sales Differentiation Matters in a Purchase Money Market

In my training classes, there is often a lot of discussion about who is responsible for establishing a differentiation strategy in an originator’s territory. Most producers believe that differentiation has to do with their lender’s branding and marketing and is not about them personally. Read more...

Are You Hiring Radical Change Agents?

Jamie Dimon, Chairman and CEO of JPMorgan Chase Bank and respected banking industry guru recently said in an interview that bankers lack imagination when it comes to envisioning what their customers need. Read more...

Ruth Lee Talks Digital Mortgages, Why Lenders Struggle With Tech and More: Podcast

Ruth Lee, founder and CEO of the Denver-based mortgage advisory firm Big Think, discusses mortgage technology, the impact of COVID and more on the Fintech Hunting Podcast. Read more...

Husband and Wife Indicted in $2.5M Mortgage Scam

A federal grand jury has indicted a husband and wife in connection with a mortgage fraud that cost financial institutions at least $2.5 million, authorities announced. Read more...

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