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Podcast: Insellerate’s Calla Casanova Talks 'Customers for Life' With interest rates widely predicted to increase and mortgage volumes to decline in 2022, Insellerate product marketing executive Calla Casanova breaks down the importance to lenders of creating “customers for life.”
Better.com Cuts Loose 900 Workers on Day After Cash Infusion Online mortgage lender Better.com has confirmed that it is laying off 9% of its 10,000-employee staff, or roughly 900 people, one day after announcing a fresh capital infusion. So reports TechCrunch.
Ex-Mortgage Exec Heading to Jail, Ordered to Pay $52M for Fraud A federal court has sentenced the former head of an Oklahoma City-based mortgage company to serve more than eight years in prison and pay $51.8 million in restitution for defrauding homeowners, banks and Fannie Mae. So reports local KFOR.

Podcast: Insellerate’s Calla Casanova Talks 'Customers for Life' With interest rates widely predicted to increase and mortgage volumes to decline in 2022, Insellerate product marketing executive Calla Casanova breaks down the importance to lenders of creating “customers for life.”
Better.com Cuts Loose 900 Workers on Day After Cash Infusion Online mortgage lender Better.com has confirmed that it is laying off 9% of its 10,000-employee staff, or roughly 900 people, one day after announcing a fresh capital infusion. So reports TechCrunch.
Ex-Mortgage Exec Heading to Jail, Ordered to Pay $52M for Fraud A federal court has sentenced the former head of an Oklahoma City-based mortgage company to serve more than eight years in prison and pay $51.8 million in restitution for defrauding homeowners, banks and Fannie Mae. So reports local KFOR.
What Can LOs Learn from Tom Brady? As an avid football fan, I am amazed at Tom Brady’s incredible performance week after week in a sport where the average career for most professional players is just 2.5 years (Chron.com).
Ask The Expert: Is a Marketing Firm a Good Way to Engage Previous Customers? Rose Marie from North Carolina writes: "I have not done a good job of keeping up with previous customers. I am about to contract with a marketing company which has a retention program. Does that sound like a good idea?"

Mortgage Bailouts’ Expiration Puts Thousands in Tight Spot As mortgage bailout initiatives sparked by COVID-19 begin to run out, hundreds of thousand homeowners face the prospect of foreclosure or being forced to sell their homes. So reports CNBC.
Zillow Faces Lawsuits After Shuttering iBuying Business Zillow has been hit with a pair of shareholder lawsuits claiming that the online real estate company misled investors about the strength of its recently scrapped iBuying business. So reports Realty Biz News.

Podcast: Insellerate’s Calla Casanova Talks 'Customers for Life' With interest rates widely predicted to increase and mortgage volumes to decline in 2022, Insellerate product marketing executive Calla Casanova breaks down the importance to lenders of creating “customers for life.”
Better.com Cuts Loose 900 Workers on Day After Cash Infusion Online mortgage lender Better.com has confirmed that it is laying off 9% of its 10,000-employee staff, or roughly 900 people, one day after announcing a fresh capital infusion. So reports TechCrunch.

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Mortgage Bailouts’ Expiration Puts Thousands in Tight Spot As mortgage bailout initiatives sparked by COVID-19 begin to run out, hundreds of thousand homeowners face the prospect of foreclosure or being forced to sell their homes. So reports CNBC.
Zillow Faces Lawsuits After Shuttering iBuying Business Zillow has been hit with a pair of shareholder lawsuits claiming that the online real estate company misled investors about the strength of its recently scrapped iBuying business. So reports Realty Biz News.
Mortgage Rates Hold Mostly Steady Amid Omicron, Fed Worries Long-term mortgage rates have hovered nearly in place during a week when the first U.S. case of the Omicron variant was found and the Federal Reserve suggested that it would begin tightening credit sooner than previously indicated. So reports MarketWatch.

Mortgage Bailouts’ Expiration Puts Thousands in Tight Spot As mortgage bailout initiatives sparked by COVID-19 begin to run out, hundreds of thousand homeowners face the prospect of foreclosure or being forced to sell their homes. So reports CNBC.
Zillow Faces Lawsuits After Shuttering iBuying Business Zillow has been hit with a pair of shareholder lawsuits claiming that the online real estate company misled investors about the strength of its recently scrapped iBuying business. So reports Realty Biz News.
Mortgage Rates Hold Mostly Steady Amid Omicron, Fed Worries Long-term mortgage rates have hovered nearly in place during a week when the first U.S. case of the Omicron variant was found and the Federal Reserve suggested that it would begin tightening credit sooner than previously indicated. So reports MarketWatch.
It’s Official: FHFA Confirms Loan Limit Boost to Almost $1M The Federal Housing Finance Agency has announced a widely predicted increase in conforming loan limits that raises the size of loans that the federal government will back to nearly $1 million in high-cost areas. So reports Fox Business.
Bodnar of MMG: What's Next After a Crazy Week? Bill Bodnar of The Mortgage Market Guide (MMG) shares his thoughts on the crazy week with Omicron and the Fed Chair flip flopping on inflation and speeding up the tapering.