Ask The Expert: I'm Tired of Getting Beat on Rate. What Can I Do?

    In my past column, I answered a question I have been getting from many loan officers regarding losing business based on rates. I have more thoughts on the subject. But first, as a reminder, here's the question: "I am so tired of getting beat out on rate. I have been in the business for 20 years and it seems either I have lost my touch, or has the world gone mad? Either way, it is totally demotivating."

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Real Estate Lawyer, Wife Sentenced to Prison for Mortgage Scams

An ex-real estate lawyer and his wife have received prison time over multiple mortgage fraud scams. So reports the Cape Cod Times.

handcuffs 354042 640small 280x186Barry Wayne Plunkett Jr. got a sentence of 78 months in prison and five years of supervised release, while Nancy Plunkett was sentenced to one year and one day in prison plus five years of supervised release, according to authorities. Both reside in Hyannis Port, Mass.

They allegedly failed to pay off mortgages for clients after home loan refinances. The couple has been ordered to pay millions in restitution.

Read the full article from Cape Cod Times.

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