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Does Your Sales Group Only Encourage 'Unicorn' Feedback?

Does Your Sales Group Only Encourage 'Unicorn' Feedback?

Thursday, 12 March 2020
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In recent conversations with mortgage sales managers, many lamented that senior managers at their companies don’t want to hear the truth about potential issues. According to the sales managers I spoke with, senior executives only want to hear how wonderful everything is and that nothing needs to be improved. Read more...
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Cloud-Based Fintech Thought Machine Raises $83M

Cloud-Based Fintech Thought Machine Raises $83M

Friday, 13 March 2020
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Thought Machine, a startup offering a cloud-based consumer banking platform, has raised $83 million in Series B funding. So reports TechCrunch. Read more...
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Lawyer for Live Well CEO Touts 'David Vs. Goliath' Case

Lawyer for Live Well CEO Touts 'David Vs. Goliath' Case

Wednesday, 11 March 2020
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Ben Dusing, the Kentucky-based attorney for Michael Hild, the former Live Well Financial CEO accused of a $140 million bond fraud scam, is billing the case as “David versus Goliath.” He says of himself: “There are advantages to being an outsider.” So reports WCPO, a local affiliate of ABC. Read more...
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All 5 Suspects Guilty in $38M Mortgage Fraud Conspiracy

All 5 Suspects Guilty in $38M Mortgage Fraud Conspiracy

Tuesday, 10 March 2020
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Each of the five suspects in a mid-Atlantic mortgage fraud conspiracy that spanned four years and bilked lenders out of $38 million have either been convicted or pleaded guilty. So reports The Journal News. Read more...
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Does a 'Dumb Money' Strategy Make Sense in Selling?

Does a 'Dumb Money' Strategy Make Sense in Selling?

Wednesday, 04 March 2020
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In financial investing, there is a debate that has gone on for years: Can a non-expert or someone who randomly throws darts at a list of financial stocks make better stock picks than a professional money manager? Read more...
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Ask the Expert: I Am Losing Deals. Should I Move to a Company that is More Competitive?

Ask the Expert: I Am Losing Deals. Should I Move to a Company that is More Competitive?

Friday, 06 March 2020
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Robyn from Oklahoma asks: Rates are down and I am getting a lot of calls from previous clients that want to refinance. Unfortunately, the market seems to be very competitive and I am losing deals to other loan officers. Should I move to a company that is more competitive? Read more...
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Bill Bodnar of MMG: Where’s the Bottom?

Bill Bodnar of MMG: Where’s the Bottom?

Sunday, 01 March 2020
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Bill Bodnar of The Mortgage Market Guide discusses the massive selloff last week, the share decline in rates and developments with the COVID-19. Read more...
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Homie, a Fintech Startup, Raises $23M for Home Buying Platform

Homie, a Fintech Startup, Raises $23M for Home Buying Platform

Thursday, 05 March 2020
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Home, a real estate technology company, has announced it has raised $23 million in a Series B round of funding. Read more...
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Mortgage Fraudster, Invoking Roger Stone, Gets Light Sentence

Mortgage Fraudster, Invoking Roger Stone, Gets Light Sentence

Tuesday, 03 March 2020
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A California man who pleaded guilty in a massive mortgage fraud got a surprisingly light sentence after his defense lawyer cited the controversial sentencing of Trump associate Roger Stone to argue against prison time. So reports The Sacramento Bee. Read more...
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Wells Fargo $3B Settlement Leaves Out Mortgage Biz

Wells Fargo $3B Settlement Leaves Out Mortgage Biz

Sunday, 01 March 2020
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Wells Fargo recently agreed to pay $3 billion to settle federal charges involving the opening of bogus customer accounts. However, the company and its former executives might not be off the hook yet. So reports Reuters. Read more...
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