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MBANJ Proposes Permanent Work-from-Home Capability for Originators

MBANJ Proposes Permanent Work-from-Home Capability for Originators

Friday, 05 February 2021
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The Mortgage Bankers Association of New Jersey has announced its proposal to state regulators that would provide for mortgage loan originators to work from home on a permanent basis. Read more...
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Mortgage Scam Victim Sentenced for Money Laundering

Mortgage Scam Victim Sentenced for Money Laundering

Friday, 05 February 2021
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A Florida woman who allegedly started money laundering after falling victim to a mortgage scam has been sentenced to prison, according to the U.S. Attorney’s office in Atlanta. Read more...
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Illinois Mortgage Pros Indicted in $3M Mortgage Scheme

Illinois Mortgage Pros Indicted in $3M Mortgage Scheme

Friday, 05 February 2021
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In Illinois, two mortgage professionals are among those indicted for allegedly participating in a mortgage scam that bilked financial institutions out of at least $3 million. So reports The Chicago Sun-Times. Read more...
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Rocket Mortgage Touts Digital Platform in Super Bowl Ads

Rocket Mortgage Touts Digital Platform in Super Bowl Ads

Friday, 05 February 2021
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Rocket Mortgage debuted two new commercials during Super Bowl LV, highlighting the digital service of the nation’s largest mortgage broker. Read more...
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Mortgage Originators: Don't Be a Copycat!

Mortgage Originators: Don't Be a Copycat!

Wednesday, 03 February 2021
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In mortgage banking, it is commonplace for originators to adopt the practices of successful producers. If one salesperson rises at 4:00 a.m., everyone else feels they must follow suit. Read more...
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ServiceLink Integrates Title Decisioning with Cloudvirga Platform

ServiceLink Integrates Title Decisioning with Cloudvirga Platform

Friday, 29 January 2021
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ServiceLink has announced that its EXOS Express Pass title decision technology has been integrated with Cloudvirga’s digital mortgage platform. Read more...
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Ex-Gang Member Wants Jail Release in Mortgage Fraud Case

Ex-Gang Member Wants Jail Release in Mortgage Fraud Case

Friday, 29 January 2021
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A former member of the 311 Boyz gang has argued that a Las Vegas court should have released him after posting bond on charges of a mortgage scam. So reports the Las Vegas Review-Journal. Read more...
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Call Center Manager Pleads Guilty to $2.5M Mortgage Scam

Call Center Manager Pleads Guilty to $2.5M Mortgage Scam

Friday, 29 January 2021
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A call center manager in Everett, Washington used many thousands of bogus mail ads to bilk about 1,000 homeowners out of $2.5 million, according to federal charges. So reports the Everett Herald. Read more...
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Better Mortgage Nabs CTO Ahead of Prospective Public Offering

Better Mortgage Nabs CTO Ahead of Prospective Public Offering

Friday, 22 January 2021
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Better Mortgage, aka Better.com, has rounded out its C-suite as the company is speculated to be preparing for an initial public offering. So reports TechCrunch. Read more...
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1st Alliance Lending Faces CFPB Lawsuit Over Mortgage Practices

1st Alliance Lending Faces CFPB Lawsuit Over Mortgage Practices

Friday, 22 January 2021
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The Consumer Financial Protection Bureau has announced a lawsuit against Hartford, Conn.-based 1st Alliance Lending and three individuals for allegedly unlawful mortgage-lending practices. Read more...
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