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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Do You Have a Quality Mentorship Program?

Do You Have a Quality Mentorship Program?

Friday, 26 May 2023
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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… Read more...
Social Selling the Key to Personal Brand Building

Social Selling the Key to Personal Brand Building

Friday, 26 May 2023
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You know the drill: social selling is a requirement for LOs who want to increase their visibility among potential customers and referral sources. Read more...
Freddie Mac Updates Income Assessment Tool for Digital Paystubs

Freddie Mac Updates Income Assessment Tool for Digital Paystubs

Friday, 26 May 2023
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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. Read more...
Colonial Savings Shutters Mortgage Origination Unit

Colonial Savings Shutters Mortgage Origination Unit

Friday, 26 May 2023
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Colonial Savings has revealed that it will exit the mortgage origination business as of July 31. So reports NEXT Mortgage News. Read more...
Man Arrested in $525,000 Mortgage Fraud Case

Man Arrested in $525,000 Mortgage Fraud Case

Friday, 26 May 2023
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Authorities have arrested a man accused of scamming investors out of $525,000 in a mortgage fraud scheme. So reports the Daily Voice. Read more...
Getting A Grip On the Housing Affordability Crunch

Getting A Grip On the Housing Affordability Crunch

Monday, 22 May 2023
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A recent study conducted by Lending Tree brought the housing affordability crunch into focus and identified the demographic groups most likely to be impacted. If lenders and LOs are going to effectively serve potential borrowers, understanding the scope of the affordability crisis is an essential part of the puzzle. Read more...
Fintech Startup Maxwell Buys LenderSelect Mortgage Group

Fintech Startup Maxwell Buys LenderSelect Mortgage Group

Monday, 22 May 2023
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Maxwell, which offers a digital mortgage platform tailored to small and midsize mortgage lenders, has purchased LenderSelect Mortgage Group from Blue Ridge Bank. So reports NEXT Mortgage News. Read more...
Grand View Financial’s Sedlar Convicted in $7M Mortgage Scam

Grand View Financial’s Sedlar Convicted in $7M Mortgage Scam

Monday, 22 May 2023
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The former president of mortgage company Grand View Financial, Robert Sedlar, has been found guilty on 100 felony counts for running a $7 million fraudulent scheme across California. So reports the Daily Republic. Read more...
Ransomware Gang Claims Academy Mortgage Cyberattack

Ransomware Gang Claims Academy Mortgage Cyberattack

Monday, 22 May 2023
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Academy Mortgage has joined the list of organizations that the ALPHV/BlackCat ransomware organization claims to have targeted with cyberattacks. So reports The Cyber Express. Read more...
Special Report: How to Navigate the 2023 Non-QM Arena

Special Report: How to Navigate the 2023 Non-QM Arena

Friday, 19 May 2023
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Non-QM lending has snapped back nicely from its pandemic doldrums, with 2022 a particularly robust year for originations earning a four percent share of the total mortgage market. Now, the question is, what do lenders and investors need to be alert for to be able to negotiate this year’s non-QM markets?        … Read more...

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