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Better.com CEO Gets Back to Work After Controversial Layoffs Better.com CEO Vishal Garg, who co-founded the mortgage tech startup in 2016, has returned to work following a month-long “break,” according to an internal memo. So reports TechCrunch.
Mortgage Lenders’ Fraud Costs Have Soared Since Pandemic Fraud costs and cyberattack volumes for U.S. mortgage lenders have jumped over the past two years, according to new research. So reports SC Magazine.
Podcast: BeSmartee’s Tim Nguyen Addresses Recent Acquisition BeSmartee CEO and co-founder Tim Nguyen has discussed what’s new at the fintech company, including recent deal news. Hear it in a new episode of the Fintech Hunting podcast.

Better.com CEO Gets Back to Work After Controversial Layoffs Better.com CEO Vishal Garg, who co-founded the mortgage tech startup in 2016, has returned to work following a month-long “break,” according to an internal memo. So reports TechCrunch.
Mortgage Lenders’ Fraud Costs Have Soared Since Pandemic Fraud costs and cyberattack volumes for U.S. mortgage lenders have jumped over the past two years, according to new research. So reports SC Magazine.
Podcast: BeSmartee’s Tim Nguyen Addresses Recent Acquisition BeSmartee CEO and co-founder Tim Nguyen has discussed what’s new at the fintech company, including recent deal news. Hear it in a new episode of the Fintech Hunting podcast.
Rocket Mortgage Continues Its Innovative Marketing with Super Bowl Sweepstakes In 2014, Rocket Mortgage offered a $1 billion (yes that’s a “b”) reward to anyone that could fill out a perfect March Madness bracket. In 2016, it sponsored the NCAA's first ever basketball game on an aircraft carrier (Michigan State vs North Carolina on the USS Carl Vinson).
Board: Disbar Judge Convicted of Mortgage Fraud A former Illinois judge who was convicted and sentenced to one year in prison for participating in a $1.4 million mortgage scam is now poised to lose her law license. So reports Reuters.

Bodnar of MMG: Can the Fed Act as Tough as It's Talking? The bond market is trying to find a bottom in price/peak in rates, says Bill Bodnar of the Mortgage Market Guide (MMG). "It's all about the Fed and can they act as tough as they are talking? Next week bring the Fed Meeting.
December 2021 Forbearance Rate Slides to 1.41% The share of mortgage borrowers under agreements to pause or reduce payments continued to slide to end 2021, according to new data from the Mortgage Bankers Association. So reports RISMedia.

Better.com CEO Gets Back to Work After Controversial Layoffs Better.com CEO Vishal Garg, who co-founded the mortgage tech startup in 2016, has returned to work following a month-long “break,” according to an internal memo. So reports TechCrunch.
Mortgage Lenders’ Fraud Costs Have Soared Since Pandemic Fraud costs and cyberattack volumes for U.S. mortgage lenders have jumped over the past two years, according to new research. So reports SC Magazine.

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Bodnar of MMG: Can the Fed Act as Tough as It's Talking? The bond market is trying to find a bottom in price/peak in rates, says Bill Bodnar of the Mortgage Market Guide (MMG). "It's all about the Fed and can they act as tough as they are talking? Next week bring the Fed Meeting.
December 2021 Forbearance Rate Slides to 1.41% The share of mortgage borrowers under agreements to pause or reduce payments continued to slide to end 2021, according to new data from the Mortgage Bankers Association. So reports RISMedia.
United Wholesale Strikes Chord with Rebranded Music Venue United Wholesale Mortgage has announced a partnership with a venerable Detroit-area music venue that is rebranding under its original name. So reports Detroit Free Press.

Bodnar of MMG: Can the Fed Act as Tough as It's Talking? The bond market is trying to find a bottom in price/peak in rates, says Bill Bodnar of the Mortgage Market Guide (MMG). "It's all about the Fed and can they act as tough as they are talking? Next week bring the Fed Meeting.
December 2021 Forbearance Rate Slides to 1.41% The share of mortgage borrowers under agreements to pause or reduce payments continued to slide to end 2021, according to new data from the Mortgage Bankers Association. So reports RISMedia.
United Wholesale Strikes Chord with Rebranded Music Venue United Wholesale Mortgage has announced a partnership with a venerable Detroit-area music venue that is rebranding under its original name. So reports Detroit Free Press.
Mortgage Rates Climb for Third Week, Topping 3.5% U.S. long-term mortgage rates have notched their consecutive weekly increase, returning to their highest since the start of the pandemic. So reports CNN.
Home Construction Caps 2021 With a Boom U.S. homebuilding had a robust finish to last year, with construction starts rising 1.4% in December, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. So reports Builder.