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Nine Plead Guilty in $6M SoCal Mortgage Relief Scam

Nine Plead Guilty in $6M SoCal Mortgage Relief Scam

Friday, 28 May 2021
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Nine people have entered guilty pleas in a Southern California mortgage relief scam that resulted in a loss of about $6 million, California’s attorney general has announced. Read more...
3 Solutions to Win: 'It's a Dog Fight in Mortgage Origination'

3 Solutions to Win: 'It's a Dog Fight in Mortgage Origination'

Thursday, 27 May 2021
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Recently, a mortgage executive exclaimed, “It’s a dog fight in mortgage origination!” as he described the current lending environment. Indeed, fierce competition, crazy pricing and non-existent housing inventory have created additional challenges in an already volatile marketplace. Read more...
It is Time to Get Serious About Prospecting

It is Time to Get Serious About Prospecting

Monday, 24 May 2021
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In 2020, many originators pushed prospecting to the backburner. Thanks to the record-breaking refinance boom, originators were able to hit volume and income goals without much effort in the prospecting department. This year, a very different story is playing out. Read more...
Who Are Your Target Candidates?

Who Are Your Target Candidates?

Monday, 24 May 2021
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In this article we will discuss your possible targets. Identifying the entire range of possibilities will bring you closer to realizing the objective of increasing your choices when it comes to candidates. Read more...
Wealth Management Startup Finary Raises $2.7M in Funding

Wealth Management Startup Finary Raises $2.7M in Funding

Monday, 24 May 2021
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Finary, a Paris-based startup that lets users aggregate their savings, investments, mortgage, real estate assets and cryptocurrencies, has raised $2.7 million (€2.2 million) to fuel its expansion. So reports TechCrunch. Read more...
Former Live Well CEO Changes Lawyers, Gets Sentencing Break

Former Live Well CEO Changes Lawyers, Gets Sentencing Break

Monday, 24 May 2021
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Sentencing for Michael Hild, after his conviction in a massive scam that led to the collapse of his mortgage firm Live Well, has been delayed due to him recently switching lawyers. So reports Richmond (Va.) BizSense. Read more...
Two Arrested for Fraudulent $1.8B Property Deal

Two Arrested for Fraudulent $1.8B Property Deal

Monday, 24 May 2021
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Federal authorities announced the arrest of two New York men for their roles in allegedly falsifying loan documents as part of a $1.8 billion multifamily housing purchase. Read more...
Bank of America’s Mortgage Fees Spark Racketeering Class Action

Bank of America’s Mortgage Fees Spark Racketeering Class Action

Thursday, 13 May 2021
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A proposed class action lawsuit accuses Bank of America of running a racketeering scam by jacking up mortgage fees with unnecessary property inspections. So reports Law360. Read more...
12 Indicted in $15M Mortgage Fraud and 'Green' Loan Scam

12 Indicted in $15M Mortgage Fraud and 'Green' Loan Scam

Thursday, 13 May 2021
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The California Attorney General’s Office has unveiled indictments against 12 people for their roles in an alleged mortgage fraud and “green” loan scheme. So reports the Los Angeles Daily News. Read more...
Mortgage Startup Better.com Goes Public Via $7.7B SPAC Deal

Mortgage Startup Better.com Goes Public Via $7.7B SPAC Deal

Thursday, 13 May 2021
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Startup mortgage lender Better.com has revealed that it is going public through a merger with the special purpose acquisition corporation Aurora Acquisition Corp. So reports TechCrunch. Read more...

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