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MBA Sees Originations Rebound in 2024 as Rates Potentially Ease

The Mortgage Bankers Association has forecast a strong recovery for mortgage originations in 2024, following a modest recession that will bring down mortgage rates. So reports Business Insider. Read more...

Freddie Mac Adds Down Payment Assistance Tool

Freddie Mac has unveiled DPA One, a free online resource to help mortgage lenders match borrowers to down payment assistance programs. So reports DSNews. Read more...

Truv Integrates With nCino Mortgage Suite to Help Verify Income

Truv’s customer-permissioned data platform has integrated nCino Mortgage Suite, which enables income and employment verification for home loan applicants. So reports The Title Report. Read more...

Ask The Expert: Should I Purchase An Expensive Marketing System?

Carla from Alabama writes: "I am thinking about purchasing an expensive marketing system which will enable me to do extensive online marketing and bring in leads from different areas of the country. I am able to do loans in most all states and I believe I can double my income, which will more than pay… Read more...

Storytelling: The Key to More Powerful Sales Presentations

Storytelling is one of the most powerful tools that originators have to help engage prospects and referral sources. The best producers incorporate storytelling into their sales presentations to forge stronger relationships and persuade borrowers or referral sources to work with them. Read more...

How to Push Past Procrastination and Achieve Your Goals

Procrastination. It happens to every mortgage manager or LO at some point or another no matter how dedicated and driven they are. Whether it’s coaching your team or making prospecting calls to Realtors, putting off important tasks can throw a wrench in the works and negatively impact your bottom line. Fortunately, there are simple steps… Read more...

UWM, G-Rate Raise Conforming Loan Limits

United Wholesale Mortgage and Guaranteed Rate have preemptively boosted their mortgage limits to $750,000 for the continental United States. So report Bankrate and Inman. Read more...

CoreLogic Launches First Joint Platform with Roostify

CoreLogic has rolled out its first combined offering with Roostify, a digital mortgage technology provider that it recently acquired. So reports MortgageOrb. Read more...

Former Live Well Bond Maven Avoids Prison Time

Live Well Financial’s former chief bond trader, Darren Stumberger, has been sentenced to time served over his role in the fraud scheme that forced the mortgage company into bankruptcy. So reports Richmond BizSense. Read more...

Who Makes the Best Mentor?

Mentoring is a time intensive activity. So much so that this is sometimes the main reason a vast majority of managers have refused to bring in novice loan officers in the past. Or, if they do, the loans officer does not get the direction they need. Read more...

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