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UWM CEO: Work with Rocket or Us, But Not Both

UWM CEO: Work with Rocket or Us, But Not Both

Friday, 05 March 2021
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Mat Ishbia, CEO of United Wholesale Mortgage (UMW) put mortgage brokers on notice, saying they can either work with UWM or Rocket Mortgage, parent of Quicken Loans, but not both firms. So reports The Detroit Free Press. Read more...
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Fraudster Who Didn’t Own Miami Property Tried to Sell It

Fraudster Who Didn’t Own Miami Property Tried to Sell It

Friday, 05 March 2021
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An unidentified scammer tried to sell a vacant Miami lot that a local man already owned, and this isn’t uncommon. So reports NBC Miami. Read more...
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Mortgage Startup Doma to Go Public in $3B Deal

Mortgage Startup Doma to Go Public in $3B Deal

Friday, 05 March 2021
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Proptech company Doma, formerly known as States Title, has revealed plans to hit Wall Street in a deal worth $3 billion. So reports TechCrunch. Read more...
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RMS Settles with NY Regulator for $1.5M Over Data Breach

RMS Settles with NY Regulator for $1.5M Over Data Breach

Friday, 05 March 2021
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Residential Mortgage Services will pay $1.5 million in a cybersecurity settlement with New York’s Department of Financial Services, the agency has announced. Read more...
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The Two Biggest Issues for Mortgage Bankers in 2021

The Two Biggest Issues for Mortgage Bankers in 2021

Wednesday, 10 March 2021
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The recent deep freeze and power grid failure in Texas has raised questions about why state government did nothing to plan for the inevitable, even after receiving years of warnings and experiencing a similar cold snap in 2011. Read more...
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Why Sales Presentation Skills Matter

Why Sales Presentation Skills Matter

Wednesday, 03 March 2021
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One positive impact of the pandemic is that originators have been forced to connect with customers via video conferencing. Before Covid-19 restrictions, some originators incorporated video into their sales process but many producers had not. Read more...
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Title Insurance Fintech Flueid Bags Capital for Growth

Title Insurance Fintech Flueid Bags Capital for Growth

Friday, 26 February 2021
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Flueid, a mortgage technology company with a platform touted for its title insurance features, has more money in the bank to help with its expansion efforts. Read more...
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EarnUp Nabs $25M to Help Lenders Spot At-Risk Mortgages

EarnUp Nabs $25M to Help Lenders Spot At-Risk Mortgages

Friday, 26 February 2021
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EarnUp, a “consumer-first payments platform,” has announced a $25 million funding round that it plans to use for a platform that helps homeowners and mortgage providers get a handle on at-risk loans. So reports The Fintech Times. Read more...
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Former Mass. Rep Pleads Guilty in Mortgage and Other Scams

Former Mass. Rep Pleads Guilty in Mortgage and Other Scams

Friday, 26 February 2021
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A former Massachusetts state representative has pleaded guilty to a batch of bank and wire fraud charges. So reports State House News Service. Read more...
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Ex-Mortgage Pro Awaiting Fraud Sentence Was Avid Art Collector

Ex-Mortgage Pro Awaiting Fraud Sentence Was Avid Art Collector

Friday, 19 February 2021
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Former mortgage broker Chris Schaller, who pleaded guilty to wire fraud in 2020 and has yet to be sentenced, owned more than 100 paintings by folk artist George Colin. So reports the Illinois Times. Read more...
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