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Ex-Loan Officer Pleads Guilty to Fraud, Arson

Ex-Loan Officer Pleads Guilty to Fraud, Arson

Thursday, 04 May 2023
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A former Illinois loan officer and bank vice president has pleaded guilty to federal charges of bank fraud and arson. So reports local FOX 2 News. Read more...
Home Prices Rise for Third Straight Month

Home Prices Rise for Third Straight Month

Thursday, 04 May 2023
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Home prices increased a seasonally adjusted 0.45% in March from February, according to Black Knight’s monthly Mortgage Monitor report. So reports CNBC. Read more...
Ask The Expert: How Can I Manage My Time When I'm Always Putting Out Fires?

Ask The Expert: How Can I Manage My Time When I'm Always Putting Out Fires?

Tuesday, 02 May 2023
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Dave from California wrote in: "I read your answer on time management. While it all seems logical, it is not reality. I set things up every day with a list and priorities. And then the fires hit, and I rarely get things done to my satisfaction. The next day starts, and it happens again. I… Read more...
Ask The Expert: How Do I Organize My Day to Be More Productive?

Ask The Expert: How Do I Organize My Day to Be More Productive?

Tuesday, 02 May 2023
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Chad From Boston wrote: "Things are going well. I'm really working hard and staying motivated. I'm reading and learning as much as possible. Sometimes I feel like my time management needs a lot of work. It's not that I don't work hard, rather it's that I'm not sure I have developed a system that is… Read more...
How to Deliver a Referral-worthy Customer Experience

How to Deliver a Referral-worthy Customer Experience

Friday, 28 April 2023
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Providing a better customer experience is at the heart of long-term success in mortgage banking. While this concept is a no-brainer for lenders and LOs, actually delivering on this promise is not as clear or easy. Read more...
Should You Hire Part-time Loan Officers?

Should You Hire Part-time Loan Officers?

Friday, 28 April 2023
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Though the vast majority of loan officers are full time, the question about part-time LOs will come up from time to time. Read more...
Government-Backed Mortgage Fee Changes Take Effect

Government-Backed Mortgage Fee Changes Take Effect

Friday, 28 April 2023
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Adjustments to the upfront fees on mortgage loans guaranteed by Fannie Mae and Freddie Mac take effect May 1. So reports CBS News. Read more...
Home Point Lays Off More Than 100 Workers After Sale

Home Point Lays Off More Than 100 Workers After Sale

Friday, 28 April 2023
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Ann Arbor, Michigan-based Home Point Capital has revealed that it is shedding most of its jobs in the state after The Loan Store Inc. bought the lender’s wholesale mortgage origination arm. So reports The Detroit News. Read more...
Mortgage Point Use Soared in 2022: Zillow

Mortgage Point Use Soared in 2022: Zillow

Friday, 28 April 2023
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The share of homebuyers choosing to buy mortgage points in order to reduce their monthly payments rose sharply last year, Zillow Home Loans has found. So reports MortgageOrb. Read more...
Ask The Expert: More Thoughts On Beating This Extra Long Slump

Ask The Expert: More Thoughts On Beating This Extra Long Slump

Sunday, 23 April 2023
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In my last column, I answered a question from "Perplexed in Arizona" about today's touch market conditions. I have more thoughts. Read more...

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