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How Well Are Your Originators Managing Their Most Important Asset?

How Well Are Your Originators Managing Their Most Important Asset?

Tuesday, 30 March 2021
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Since 1999, I have analyzed top originators’ practices and personality traits—that’s 22 years and counting! I have conducted numerous validation studies in collaboration with psychologists to pinpoint the innate competencies that drive individuals to succeed in mortgage sales. Read more...
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Guaranteed Rate Launches Mortgage Tech Spin-Off Gateless

Guaranteed Rate Launches Mortgage Tech Spin-Off Gateless

Friday, 26 March 2021
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Guaranteed Rate has unveiled the creation of a new mortgage technology company, Gateless. So reports Dodd-Frank Update. Read more...
Landlord Admits to $150M Fraud Scheme

Landlord Admits to $150M Fraud Scheme

Friday, 26 March 2021
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The owner of 70 multi-family properties has pleaded guilty to running what federal prosecutors described as a $150 million bank and securities scam lasting 10 years. So reports the Teaneck, N.J. Daily Voice. Read more...
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Three Real Estate Pros, Others Plead Guilty in Mortgage Scam

Three Real Estate Pros, Others Plead Guilty in Mortgage Scam

Friday, 26 March 2021
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Eleven people, including three real estate agents, have pleaded guilty to a multi-year mortgage fraud scheme. So reports the Atlanta Agent. Read more...
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Your Unique Selling Proposition is Key to Converting Candidates

Your Unique Selling Proposition is Key to Converting Candidates

Tuesday, 23 March 2021
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It makes sense that, in order to attract candidates, you really have to answer the all important question: Why should I come to work for your company? With all the other choices out there, what makes your company unique? Read more...
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Lenders’ Biggest Dilemma: Invest in Training Or Be Replaced

Lenders’ Biggest Dilemma: Invest in Training Or Be Replaced

Wednesday, 24 March 2021
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In the last few weeks, nearly every conversation I’ve had with senior mortgage executives has centered on one of two issues: finding sales and processor talent, and delivering an excellent customer experience throughout the loan process. Read more...
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Black Knight Buys Cloud-Based Mortgage Broker LOS from NexSpring

Black Knight Buys Cloud-Based Mortgage Broker LOS from NexSpring

Thursday, 18 March 2021
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Black Knight has acquired a cloud-based loan origination system (LOS) from NexSpring Financial to broaden its ability to serve mortgage brokers, the company announced. The new digital lending platform will be a key part of the company’s ecosystem. Read more...
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Rocket Mortgage Renames Michigan State Basketball Team

Rocket Mortgage Renames Michigan State Basketball Team

Thursday, 18 March 2021
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Rocket Mortgage has announced a five-year sponsorship deal with the Michigan State University men’s basketball team, which will result in a longer name for the Big Ten squad. So reports The Detroit News. Read more...
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PHH Mortgage Escapes Part of Loan Payoffs Class Action

PHH Mortgage Escapes Part of Loan Payoffs Class Action

Thursday, 18 March 2021
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PHH Mortgage, a non-bank mortgage service and originator, doesn’t have to face a portion of a proposed class action about its accounting for insurance proceeds in loan payoff statements, a federal judge has ruled. That’s according to court documents, and as Law360.com reports. Read more...
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Florida Developer Owes $26M In Sprawling Fraud Scheme

Florida Developer Owes $26M In Sprawling Fraud Scheme

Thursday, 18 March 2021
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A judge has ordered South Florida developer Joseph Walsh Sr. to pay $26 million in connection with a 60-unit Royal Palm Beach office condominium. So reports The Real Deal. Read more...
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