Navigating the New Terrain of Mortgage Originations

    Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.

Subscribe to this RSS feed
Originating

Originating (1421)

The Flaws of 100% Commission Pay Plans

The Flaws of 100% Commission Pay Plans

Wednesday, 21 October 2020
Originating
Written by
The 100% commission pay structure has long been considered the gold standard in mortgage lending as the best way to motivate originators to generate more volume. Implicit in a 100% commission pay structure is that a large reward is available for sales professionals who do well. Read more...
Tagged under
4 Keys to Working Smarter

4 Keys to Working Smarter

Wednesday, 14 October 2020
Originating
Written by
I recently spoke to a leading sales group in mortgage banking on what it will take for lenders and originators to succeed in 2025. I realize that it is hard to focus on the future when the present is so hectic in mortgage origination. However, 2025 is only 1,500 days from now. Read more...
Tagged under
Mortgage Startup Better.com Could Be Worth $4B

Mortgage Startup Better.com Could Be Worth $4B

Friday, 25 September 2020
Originating
Written by
Online mortgage loan startup Better.com has seen its fortunes rise as Americans have refinanced to take advantage of low interest rates. So reports The Information. Read more...
Tagged under
12 Mortgage, Real Estate Pros Charged in Multi-Year Fraud Scheme

12 Mortgage, Real Estate Pros Charged in Multi-Year Fraud Scheme

Friday, 25 September 2020
Originating
Written by
A dozen people, among them mortgage and real estate professionals, face charges after federal prosecutors say they defrauded Fannie Mae and Freddie Mac in a four-year scheme resulting in the approval of more than 100 mortgages. So reports the Atlanta Journal-Constitution. Read more...
Tagged under
Jewels, Rolex Watches Seized from Fugitive in Mortgage Scam

Jewels, Rolex Watches Seized from Fugitive in Mortgage Scam

Tuesday, 29 September 2020
Originating
Written by
British authorities have seized diamond-encrusted Rolex watches, flashy necklaces, and gold and silver from the safe deposit box of a fugitive wanted for his alleged role in a £50 million ($64 million) mortgage scam. So reports Reuters. Read more...
Tagged under
Does Your Sales Strategy Align with How Consumers Want to Buy?

Does Your Sales Strategy Align with How Consumers Want to Buy?

Thursday, 01 October 2020
Originating
Written by
Since the COVID-19 outbreak, the normal way of doing things is being redefined on a daily basis. Many financial experts consider this global pandemic to be a “black swan” event. Read more...
Tagged under
When Training and Coaching, Conflicts Will Arise

When Training and Coaching, Conflicts Will Arise

Wednesday, 30 September 2020
Originating
Written by
Training and coaching often leads to inevitable conflicts. Some will be minor, such as disagreements regarding goals and responsibilities and some will be major, such as disciplinary actions. Regardless of the level or cause of conflict, a manager must be prepared to deal with the issues raised. Read more...
Tagged under
Ask The Expert: Why is the Cost of Jumbo Financing So High?

Ask The Expert: Why is the Cost of Jumbo Financing So High?

Wednesday, 23 September 2020
Originating
Written by
Several loan officers have inquired: Why is the cost of jumbo financing so high at this time? For the past few years, it has been the same as conforming pricing and sometimes even lower than conforming. Now it is much higher--if you can find it at all. Why has this market changed so much? Read more...
Tagged under
SEC Drops Charges in Massive Mortgage Fraud Case

SEC Drops Charges in Massive Mortgage Fraud Case

Friday, 18 September 2020
Originating
Written by
The SEC has agreed to settle its civil case against upstate New York developer Robert C. Morgan without seeking a fine. So reports Buffalo News. Read more...
Tagged under
Home-Flipper Opendoor to Go Public Via Blank-Check Company

Home-Flipper Opendoor to Go Public Via Blank-Check Company

Friday, 18 September 2020
Originating
Written by
Real estate startup Opendoor has confirmed plans to go public through a merger with the Social Capital Hedosophia II, a special purpose acquisition company associated with investor Chamath Palihapitiya. So reports TechCrunch. Read more...
Tagged under

FOLLOW US