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Five Questions to Ask Yourself Before the New Year

Five Questions to Ask Yourself Before the New Year

Wednesday, 04 December 2019
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For many in mortgage banking, 2019 was great; for others, not so much. In the new year, which will be here soon enough, sales organizations will need to address the challenges inherent in a marketplace characterized by the resurgence of purchase money and the reduction of refinance volume. Read more...
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Bill Bodnar of MMG: A Lot to Be Thankful For in This Economy

Bill Bodnar of MMG: A Lot to Be Thankful For in This Economy

Monday, 02 December 2019
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Bill Bodnar of the Mortgage Market Guide discusses all the positive markers that point to more good times ahead. Specifically, he points to durable items, a pickup in housing, the tight labor market, rising starts, good existing home sales and the Goldilocks scenario. Read more...
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Florida Mortgage Broker Pleads Guilty to $5M Condo Scam

Florida Mortgage Broker Pleads Guilty to $5M Condo Scam

Tuesday, 03 December 2019
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A mortgage broker and a housing developer have each pleaded guilty to conspiring to deceive banks that ended up losing $5 million as a result of a condo-conversion scheme. So reports the Tampa Bay Times. Read more...
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Zillow CEO Imagines a 'Trade-In Experience' for Your Home

Zillow CEO Imagines a 'Trade-In Experience' for Your Home

Tuesday, 03 December 2019
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Zillow’s move into iBuying is a first step into a bigger makeover for the process of purchasing a home, CEO Richard Barton has said. So reports CNBC. Read more...
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California Mortgage Fraudster Gets Prison in $10M Scheme

California Mortgage Fraudster Gets Prison in $10M Scheme

Monday, 02 December 2019
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A federal judge has handed down a three-year prison sentence to a California man accused of mortgage fraud. So reports the Times-Herald. Read more...
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Bill Bodnar of MMG: Three Reasons Housing Will Keep Shining

Bill Bodnar of MMG: Three Reasons Housing Will Keep Shining

Monday, 25 November 2019
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Bill Bodnar of the Mortgage Market Guide (MMG) points a reaccelerating housing market, the strong labor market and interest rates remaining low as the three reasons. Read more...
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Ask The Expert: Should I Be Focusing on Selling More Adjustables Now?

Ask The Expert: Should I Be Focusing on Selling More Adjustables Now?

Friday, 22 November 2019
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Q: Dave, I see more prospects asking about adjustable rates in the past several months. Should I be focusing on selling more adjustables? --Sally from Kansas Read more...
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New Tool from Nexsys Simplifies Communication Between Lenders and Homeowners Insurance Providers

New Tool from Nexsys Simplifies Communication Between Lenders and Homeowners Insurance Providers

Thursday, 21 November 2019
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Nexsys Technologies, a FinTech company providing advanced technology solutions for mortgage origination and closing, announced the launch of Clear HOI, a tool that digitizes the communication between mortgage lenders and homeowners insurance companies. Read more...
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J.D. Power Ranks Customers’ Favorite Mortgage Originators for 2019

J.D. Power Ranks Customers’ Favorite Mortgage Originators for 2019

Monday, 18 November 2019
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Quicken Loans took the top spot on J.D. Power’s ranking of customer satisfaction with primary mortgage originators for the 10th straight year, according to a report by the market information services company. Read more...
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Ex-mortgage Broker Gets 8 Years in Jail for $1M Car Loan Fraud

Ex-mortgage Broker Gets 8 Years in Jail for $1M Car Loan Fraud

Wednesday, 20 November 2019
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A federal judge has sentenced a former mortgage broker from Maryland to more than eight years in prison for a $1 million scam involving fake auto loan applications. So reports The Baltimore Sun. Read more...
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