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Short-Sale Mortgage Scheme Nets Two-Year Prison Sentence

A man has been sentenced to two years in prison for bank fraud and conspiracy to commit bank fraud in connection with a real estate short-sale scheme, according to federal authorities. So reports local news site RiverBender.com. Read more...

Mob Associate Gets Four Years for Real Estate Scam

A man associated with the Philadelphia mob has been sentenced to four years and one month in prison for his part in a scam that included stealing would-be homebuyers’ down payments, according to federal authorities. So reports the Philly Voice. Read more...

Ask The Expert: Prospects Are Shopping More Because Rates Have Risen

Diane from New York asked: "As rates have moved up, my prospects have been shopping me more. They have been told that rates are in the '2’s' for so long that it seems they don’t believe me that rates have gone up. This is especially true for my refinance business--even for those who have high… Read more...

Ask The Expert: How Can My Clients Get the 'New' $15K Tax Credit

Myra from Georgia asked: "I have been told that the President’s tax credit has been passed. How can my prospects get the $15,000 which will help tremendously for a downpayment? I have not seen many details published, but all of my real estate agents are excited." Read more...

5 Strategies for Mastering Virtual Sales Presentations

Last year was especially challenging for sales professionals after in-person sales calls ground to a halt due to the pandemic. Many originators were forced to adapt to the new world of virtual selling—and fast! Read more...

5 Strategies for Mastering Virtual Sales Presentations

Last year was especially challenging for sales professionals after in-person sales calls ground to a halt due to the pandemic. Many originators were forced to adapt to the new world of virtual selling—and fast! Read more...

Woman Left Fraud History Out of Mortgage Application: DOJ

A Rhode Island woman failed to mention in her mortgage application that she owed the government almost $400,000 for fraud, according to a federal indictment. So reports Patch.com. Read more...

Ex-Nike Manager Pleads Guilty to Scam Involving Phony Mortgage

A former Nike manager accused of defrauding the company of almost $1.5 million has pleaded guilty to charges that include bogus mortgage paperwork. So reports Portland Business Journal. Read more...

Mortgage Business Owners Make 'America’s Most Wanted'

The married owners of a Hawaii mortgage business that purported to help out homeowners at risk of foreclosure have landed a place in an episode of “America’s Most Wanted.” So reports local TV station KHON2. Read more...

Ask The Expert: How Can I Get Prospects the New $15k Homebuyer Tax Credit?

Myra from Georgia asked: "I have been told that the President’s tax credit has been passed. How can my prospects get the $15,000 which will help tremendously for a down payment? I have not seen many details published, but all of my real estate agents are excited."  Read more...

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