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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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Trump Commutes Sentence for Ex-Mortgage Honcho

Trump Commutes Sentence for Ex-Mortgage Honcho

Friday, 22 January 2021
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Former mortgage executive Michael Astley is among the 144 people pardoned or granted sentence commutations by former President Donald Trump before he left the White House. So reports Newsday. Read more...
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Digital Mortgage Servicer Brace Nabs $15.7M in Funding

Digital Mortgage Servicer Brace Nabs $15.7M in Funding

Friday, 15 January 2021
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Mortgage fintech Brace has announced $15.7 million in Series B funding. So reports Crowdfund Insider. Read more...
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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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