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Ex-Mortgage Lender Sentenced to Prison for Fraud Scheme A former mortgage loan originator has received a prison sentence for a mortgage fraud scheme. So reports WICS in Springfield, Ill.
Facebook Parent Meta Settles Housing Discrimination Charges Meta, the company formerly known as Facebook, has reached a settlement with the Department of Justice over 2019 charges that its targeted ads facilitated housing discrimination. So reports Engadget.
Homelight Raises $60M, Acquires Accept.inc Online real estate company Homelight has announced that it has raised $60 million in capital and has acquired lending startup Accept.inc. So reports TechCrunch.

Ex-Mortgage Lender Sentenced to Prison for Fraud Scheme A former mortgage loan originator has received a prison sentence for a mortgage fraud scheme. So reports WICS in Springfield, Ill.
Facebook Parent Meta Settles Housing Discrimination Charges Meta, the company formerly known as Facebook, has reached a settlement with the Department of Justice over 2019 charges that its targeted ads facilitated housing discrimination. So reports Engadget.
Homelight Raises $60M, Acquires Accept.inc Online real estate company Homelight has announced that it has raised $60 million in capital and has acquired lending startup Accept.inc. So reports TechCrunch.
The Secret to Sales Success in Mortgage Banking Selling success requires a commitment from loan officers (LOs) to “get better every day” by learning something new and practicing the habits that separate top originators from average or subpar producers.
Ask The Expert: How Can I Become Relevant to Younger Homebuyers? Walter from New York wrote: "I keep reading about the importance of millennials in the market. I have been a loan officer and sometimes producing manager for almost 30 years. I am well beyond the age of a Millennial and so are most of the real estate agents I serve. And now we have the Generation Y coming into the market. How can I become relevant to these younger homebuyers?"

Mortgage Rates Hit Highest Since 2008 Mortgage rates have hit their highest level in almost 14 years, according to weekly data from Freddie Mac. So reports the Mortgage Research Center.
New Residential Restructures, Rebrands As Rithm Capital New Residential Investment Corp., provider of capital and services to the mortgage and financial services industry, has announced that it is internalizing its management and rebranding as Rithm Capital.

Ex-Mortgage Lender Sentenced to Prison for Fraud Scheme A former mortgage loan originator has received a prison sentence for a mortgage fraud scheme. So reports WICS in Springfield, Ill.
Facebook Parent Meta Settles Housing Discrimination Charges Meta, the company formerly known as Facebook, has reached a settlement with the Department of Justice over 2019 charges that its targeted ads facilitated housing discrimination. So reports Engadget.

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Mortgage Rates Hit Highest Since 2008 Mortgage rates have hit their highest level in almost 14 years, according to weekly data from Freddie Mac. So reports the Mortgage Research Center.
New Residential Restructures, Rebrands As Rithm Capital New Residential Investment Corp., provider of capital and services to the mortgage and financial services industry, has announced that it is internalizing its management and rebranding as Rithm Capital.
CFPB Declares 'Fresh Look' at Qualified Mortgage Rules The Consumer Financial Protection Bureau announced it will revisit, and possibly update, decade-old rules for the mortgage market.

Mortgage Rates Hit Highest Since 2008 Mortgage rates have hit their highest level in almost 14 years, according to weekly data from Freddie Mac. So reports the Mortgage Research Center.
New Residential Restructures, Rebrands As Rithm Capital New Residential Investment Corp., provider of capital and services to the mortgage and financial services industry, has announced that it is internalizing its management and rebranding as Rithm Capital.
CFPB Declares 'Fresh Look' at Qualified Mortgage Rules The Consumer Financial Protection Bureau announced it will revisit, and possibly update, decade-old rules for the mortgage market.
JPMorgan Lays Off Hundreds of Home Lending Pros JPMorgan Chase has confirmed that it will lay off hundreds of home lending employees “as a result of cyclical changes in the mortgage market.” So reports Bloomberg.
Q4 2021 Critical Defect Rate Rose to 1.95%: ACES Report ACES Quality Management has released its quarterly ACES Mortgage QC Industry Trends Report covering the fourth quarter (Q4) and full calendar year (CY) of 2021. It analyzes post-closing quality control data.