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Real Estate Startup Orchard Gets Into Mortgage Biz

Real Estate Startup Orchard Gets Into Mortgage Biz

Wednesday, 29 July 2020
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Real estate tech company Orchard, which offers products for home buyers and sellers, has unveiled the launch of a mortgage unit. So reports Inman. Read more...
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Better Business Bureau Warns of Foreclosure 'Rescue' Scams

Better Business Bureau Warns of Foreclosure 'Rescue' Scams

Sunday, 26 July 2020
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The Better Business Bureau is warning that a mortgage scam is picking up steam during the coronavirus crisis. So reports Tucson, Arizona’s KGUN. Read more...
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Mortgage Fraud Convictions Tossed Over Witness Evidence

Mortgage Fraud Convictions Tossed Over Witness Evidence

Tuesday, 28 July 2020
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The Ninth Circuit Court of Appeals has ordered that federal mortgage convictions against two Southern California men must be reversed. So reports Bloomberg Law and Law360. Read more...
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Bodnar of MMG: Homebuilder Sentiment at Pre-COVID-19 Levels

Bodnar of MMG: Homebuilder Sentiment at Pre-COVID-19 Levels

Friday, 17 July 2020
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Bill Bodnar of The Mortgage Market Guide discusses the average mortgage rate falling below 3% as well as homebuyer and homebuilder sentiment. He also shares his thoughts on the impact of the lockdown, pandemic and remote working arrangements on these trends. Read more...
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Bodnar of MMG: A Nice Couple of Weeks

Bodnar of MMG: A Nice Couple of Weeks

Sunday, 12 July 2020
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Bill Bodnar of The Mortgage Market Guide (MMG) discusses recent mortgage-backed securities performance, as well as all-time low mortgage rates, negative yields around the globe and more. Read more...
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Does Your Firm Employ the Buddy System?

Does Your Firm Employ the Buddy System?

Thursday, 16 July 2020
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A manager cannot be everywhere at once. We can assist the implementation of sales monitoring and effectiveness by teaming a senior originator with a rookie and making the senior originator a team leader. We call this the Buddy System. Read more...
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Owning the Customer is an Originator's Chief Responsibility

Owning the Customer is an Originator's Chief Responsibility

Friday, 17 July 2020
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During my recent MBA webinar, “Owning the Customer: Keys to Originator Success,” I asked attendees whether their originators were reaching out to former customers. Read more...
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Quicken Loans Files for IPO as Rocket Companies

Quicken Loans Files for IPO as Rocket Companies

Sunday, 12 July 2020
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Quicken Loans has filed for an initial public offering under the name Rocket Companies. So reports the Detroit Free Press. Read more...
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Mortgage Retention Startup Senso Raises $3M to Expand in U.S.

Mortgage Retention Startup Senso Raises $3M to Expand in U.S.

Wednesday, 15 July 2020
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Senso, a Toronto-based startup that uses artificial intelligence to help lenders retain mortgage and other financial clients, has raised $3 million and is looking to grow in the U.S. market. So reports Crunchbase News. Read more...
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Prosecutors Appeal 'Double Jeopardy' Ruling in Manafort Case

Prosecutors Appeal 'Double Jeopardy' Ruling in Manafort Case

Tuesday, 14 July 2020
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New York prosecutors have appealed a decision that dismissed state mortgage fraud charges against former Trump campaign chairman Paul Manafort on “double jeopardy grounds,” arguing that their case is different from the one that put him in federal prison. So reports the Associated Press. Read more...
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