ORIGINATING
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Do You Have a Quality Mentorship Program? 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. Having a mentorship program will also relieve the burden on branch managers who are then freed up to recruit additional producers and provides management…
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Social Selling the Key to Personal Brand Building You know the drill: social selling is a requirement for LOs who want to increase their visibility among potential customers and referral sources.
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Freddie Mac Updates Income Assessment Tool for Digital Paystubs Freddie Mac has revised its automated income assessment tool so that lenders may now use a borrower’s digital paystub data as part of their assessment of a homebuyers’ income paid through direct deposit. So reports DSNews.
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Do You Have a Quality Mentorship Program? 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. Having a mentorship program will also relieve the burden on branch managers who are then freed up to recruit additional producers and provides management field training/experience to senior-level producers.
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Social Selling the Key to Personal Brand Building You know the drill: social selling is a requirement for LOs who want to increase their visibility among potential customers and referral sources.
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Freddie Mac Updates Income Assessment Tool for Digital Paystubs Freddie Mac has revised its automated income assessment tool so that lenders may now use a borrower’s digital paystub data as part of their assessment of a homebuyers’ income paid through direct deposit. So reports DSNews.
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Colonial Savings Shutters Mortgage Origination Unit Colonial Savings has revealed that it will exit the mortgage origination business as of July 31. So reports NEXT Mortgage News.
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Man Arrested in $525,000 Mortgage Fraud Case Authorities have arrested a man accused of scamming investors out of $525,000 in a mortgage fraud scheme. So reports the Daily Voice.
BREAKING NEWS
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Bodnar of MMG: The Bond Market Is Being Held Hostage Bill Bodnar of the Mortgage Market Guide explores the impact of the debt ceiling debacle.
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Setpoint Snaps Up Resolute Diligence Solutions Real-estate funding platform Setpoint has acquired due-diligence provider Resolute Diligence Solutions. So reports FinTech Futures.
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Do You Have a Quality Mentorship Program? 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. Having a mentorship program will also relieve the burden on branch managers who are then freed up to recruit additional producers and provides management…
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Social Selling the Key to Personal Brand Building You know the drill: social selling is a requirement for LOs who want to increase their visibility among potential customers and referral sources.
Learning Center
An open sourced learning platform for the industry, by the industry
LENDING
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Bodnar of MMG: The Bond Market Is Being Held Hostage Bill Bodnar of the Mortgage Market Guide explores the impact of the debt ceiling debacle.
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Setpoint Snaps Up Resolute Diligence Solutions Real-estate funding platform Setpoint has acquired due-diligence provider Resolute Diligence Solutions. So reports FinTech Futures.
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Fannie Mae, Freddie Mac Put on Negative Watch by Fitch Fannie Mae and Freddie Mac have been put on notice of a potential credit rating downgrade after Fitch placed them on negative watch amid debt-ceiling negotiations. So reports Reuters.
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Bodnar of MMG: The Bond Market Is Being Held Hostage Bill Bodnar of the Mortgage Market Guide explores the impact of the debt ceiling debacle.
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Setpoint Snaps Up Resolute Diligence Solutions Real-estate funding platform Setpoint has acquired due-diligence provider Resolute Diligence Solutions. So reports FinTech Futures.
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Fannie Mae, Freddie Mac Put on Negative Watch by Fitch Fannie Mae and Freddie Mac have been put on notice of a potential credit rating downgrade after Fitch placed them on negative watch amid debt-ceiling negotiations. So reports Reuters.
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Rocket Launches 1% Down Home Loan Program Rocket Mortgage has rolled out a new 1% down home loan program called ONE+. So reports RISMedia.
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Mortgage Rates Rise to 10-Week High of 6.57% U.S. long-term mortgage rates have climbed to their highest level since mid-March. So reports ABC News.