ORIGINATING

    Fannie Mae Trims Mortgage Originations Forecasts Fannie Mae announced it expects further slowing in housing as the economy heads for a modest recession in 2023, and it has cut its projections for the mortgage industry accordingly.
    Reggora Integrates Appraisal Order Platform Into Custom Systems Appraisal management software company Reggora has announced that its order management software embeds fully into mortgage lenders’ custom loan origination systems.
    Sham Mortgage Relief Biz Cost Borrowers Millions: Feds The Federal Trade Commission and the California Department of Financial Protection and Innovation have announced legal action against various companies and their owners who, the regulators claim, ran a sham mortgage relief operation that bilked borrowers out of millions.
    Are Your LOs Properly Qualifying Prospects? When I’m conducting sales reviews, less experienced originators will often lament they really connected with a prospect but their pitch didn’t lead to a sale. “What went wrong?” they ask.
    Ask The Expert: How Do I Catch the 'Big Fish' Producer? Brad from Chicago asked: "I enjoyed your remarks about a diversified target list with regard to new agents and top producing agents. I have in my sites an agent which is in the top ten in my area. I know this is a tall order and I have had no success thus far, but I am determined to break the ice. I have plenty of small-to-medium producing agents, but this…

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