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Online Mortgage Broker 'Own Up' Looks to Grow with $12M Round

Online Mortgage Broker 'Own Up' Looks to Grow with $12M Round

Friday, 15 January 2021
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Own Up, a digital mortgage marketplace, has raised $12 million that it says it will use to invest in technology and expand its customer support team. Read more...
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Purported Mortgage Auditor Indicted for Fraud

Purported Mortgage Auditor Indicted for Fraud

Friday, 15 January 2021
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A business owner whose company claimed to perform mortgage auditing services has been charged with conspiracy to commit wire fraud and 12 counts of wire fraud. So reports the Jacksonville (Fla.) Daily Record. Read more...
Fintech Sagent Adds Fannie Mae, Digital Risk Alumni to Board

Fintech Sagent Adds Fannie Mae, Digital Risk Alumni to Board

Friday, 08 January 2021
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Mortgage and consumer loan fintech Sagent has added former Fannie Mae executive Marianne Sullivan and Digital Risk co-founder Jeffrey Taylor to its board of directors, the Pennsylvania-based company has announced. Read more...
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Mortgage Startup SimpleNexus Secures $108M in Funding

Mortgage Startup SimpleNexus Secures $108M in Funding

Friday, 08 January 2021
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Digital mortgage platform developer SimpleNexus has locked in an additional $108 million in funding, the Utah-based company has announced. Read more...
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Feds Sue Ex-Reality TV Stars in Brooklyn Mortgage Fraud Case

Feds Sue Ex-Reality TV Stars in Brooklyn Mortgage Fraud Case

Friday, 08 January 2021
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The federal government has filed a civil lawsuit against three men who allegedly orchestrated a mortgage fraud scheme involving nine homes in Brooklyn, New York. So reports Patch.com. Read more...
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Ask The Expert: The LO Before Me Was Terrible, How Can I Win Over Agents?

Ask The Expert: The LO Before Me Was Terrible, How Can I Win Over Agents?

Wednesday, 27 January 2021
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Rebecca from Wisconsin asks: "I work from inside a real estate office under a joint marketing agreement with the real estate company. I was just assigned to the office recently, but the agents don't seem to be open to working with me because of the poor job the previous loan officer did in that office.… Read more...
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Ask The Expert: How Do I Market An Open House?

Ask The Expert: How Do I Market An Open House?

Wednesday, 20 January 2021
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Jonathan from Maryland asked: "You have talked about adding value to an agent. The example you gave was marketing an open house, instead of providing open house flyers. I am not sure how to market an open house since I am used to marketing financing rates and programs to real estate agents and consumers." Read more...
Steps to Set Up a Successful Mentorship Program

Steps to Set Up a Successful Mentorship Program

Wednesday, 13 January 2021
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The purpose of a mentorship program is to facilitate field training for new hires that are not experienced so that they will receive the support they need to transition into productive members of the sales force. Read more...
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Is Anyone Interested In Executive Management Anymore?

Is Anyone Interested In Executive Management Anymore?

Thursday, 28 January 2021
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A senior executive at an independent mortgage firm recently confided how hard it is to interest branch managers in taking executive-level positions. What he hears most frequently from branch managers is: “I wouldn’t want your job! Too many headaches!” Read more...
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The Hardest Career Decision a Loan Officer Will Ever Make

The Hardest Career Decision a Loan Officer Will Ever Make

Thursday, 21 January 2021
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Once loan officers (LOs) reach a certain level of success, they will inevitably face the decision of whether to form a team or operate as an individual contributor in their lender’s organization. What success looks like for each originator is different. Read more...
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