Subscribe to this RSS feed
Originating

Originating (1372)

PHH Mortgage Escapes Part of Loan Payoffs Class Action

PHH Mortgage Escapes Part of Loan Payoffs Class Action

Thursday, 18 March 2021
Originating
Written by
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...
Tagged under
Florida Developer Owes $26M In Sprawling Fraud Scheme

Florida Developer Owes $26M In Sprawling Fraud Scheme

Thursday, 18 March 2021
Originating
Written by
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...
Tagged under
Ask The Expert: More Strategies to Generate Referrals

Ask The Expert: More Strategies to Generate Referrals

Monday, 15 March 2021
Originating
Written by
In my last column, I answered a question from a "Struggling Loan Officer." Here are some more thoughts on the topic. Read more...
Tagged under
Are Your Originators Ready for a Purchase Money Market?

Are Your Originators Ready for a Purchase Money Market?

Monday, 15 March 2021
Originating
Written by
While mortgage rates are still historically low, many lenders were caught off guard when rates recently rose. They thought that interest rates wouldn’t increase until later in the year. Read more...
Tagged under
Fintech Startup Plaid Launches Income Verification Tool

Fintech Startup Plaid Launches Income Verification Tool

Friday, 12 March 2021
Originating
Written by
Plaid has unveiled a new income verification offering, called Income, which aims to help people verify their income in order to qualify for mortgages and other big-ticket commitments. So reports TechCrunch. Read more...
Tagged under
Convicted Mortgage Fraudster Gets 21 Months for Auto Scam

Convicted Mortgage Fraudster Gets 21 Months for Auto Scam

Friday, 12 March 2021
Originating
Written by
A man who was previously convicted of mortgage fraud and was serving federal supervised release has received a 21-month prison sentence for his part in a separate auto loan scam, authorities said. So reports the Middletown (Conn.) Press. Read more...
Tagged under
Acquitted New York Developer Faces Fresh Fraud Charges

Acquitted New York Developer Faces Fresh Fraud Charges

Friday, 12 March 2021
Originating
Written by
Upstate New York developer Bob Morgan, who five months earlier beat a federal mortgage fraud case, has been charged once again with mortgage fraud. So reports the Rochester (N.Y.) Democrat & Chronicle. Read more...
Tagged under
Ask The Expert: How Can I Take My Production to the Next Level?

Ask The Expert: How Can I Take My Production to the Next Level?

Wednesday, 10 March 2021
Originating
Written by
A struggling loan officer asked: I had a pretty decent year last year, but I can’t seem to get over the hump and move to the next level from a production standpoint. My biggest issue is time. I spend so much time closing loans, I can’t seem to find the time to market. What do… Read more...
Tagged under
UWM CEO: Work with Rocket or Us, But Not Both

UWM CEO: Work with Rocket or Us, But Not Both

Friday, 05 March 2021
Originating
Written by
Mat Ishbia, CEO of United Wholesale Mortgage (UMW) put mortgage brokers on notice, saying they can either work with UWM or Rocket Mortgage, parent of Quicken Loans, but not both firms. So reports The Detroit Free Press. Read more...
Tagged under
Fraudster Who Didn’t Own Miami Property Tried to Sell It

Fraudster Who Didn’t Own Miami Property Tried to Sell It

Friday, 05 March 2021
Originating
Written by
An unidentified scammer tried to sell a vacant Miami lot that a local man already owned, and this isn’t uncommon. So reports NBC Miami. Read more...
Tagged under

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline