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Developer Gets 20 Months for Condo Conversion Scam

Developer Gets 20 Months for Condo Conversion Scam

Thursday, 27 February 2020
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A Florida real estate developer has received a sentence of 20 months in federal prison for a mortgage fraud scheme involving a hotel that had been converted into condominiums. So reports the Florida Business Observer. Read more...
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Real Estate Firm Owner Who ‘Targeted Vulnerable’ is Convicted

Real Estate Firm Owner Who ‘Targeted Vulnerable’ is Convicted

Tuesday, 25 February 2020
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A Massachusetts real estate broker and owner of his own company, Eastern Funding & Investment, has been found guilty on multiple counts of larceny. So reports the Attleboro, Mass. Sun Chronicle. Read more...
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Fintechs House Canary and Reggora Rake in VC Funding

Fintechs House Canary and Reggora Rake in VC Funding

Wednesday, 19 February 2020
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Two fintech startups of note to the mortgage industry, House Canary and Reggora, have announced multi-million-dollar funding rounds. So reports Crowdfund Insider. Read more...
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BoA and Feds Vie to Reclaim Mansion from 'Reverend'

BoA and Feds Vie to Reclaim Mansion from 'Reverend'

Thursday, 20 February 2020
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Bank of America (BoA) and the Internal Revenue Service (IRS) are in a legal fight with a self-proclaimed “reverend” over ownership of a Dallas mansion and its related tax liens. So reports The Dallas Morning News. Read more...
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When You Speak to Groups, Does Anyone Listen?

When You Speak to Groups, Does Anyone Listen?

Friday, 21 February 2020
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When conducting training on lead generation, I often see originators who are not good speakers in front of a group. Some originators think they don’t need this skill set. Read more...
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MBA Prez Predicts 9% Increase in Originations in 2020

MBA Prez Predicts 9% Increase in Originations in 2020

Sunday, 16 February 2020
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MBA President and CEO Bob Broeksmit said the organization anticipates a 9% increase to a new record in originations. He made those comments while speaking at the 2020 Commercial Real Estate Finance/Multifamily Housing Convention & Expo. Read more...
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Black Knight, Quicken Loans Broaden Partnership

Black Knight, Quicken Loans Broaden Partnership

Tuesday, 18 February 2020
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Black Knight and Detroit-based Quicken Loans announced the companies have broadened their relationship as Quicken Loans extended its contract for Black Knight’s MSP servicing system and is adding multiple Black Knight solutions. Additionally, Black Knight purchased the source code for Quicken Loans’ “Cyclops” mortgage servicing customer relationship management (CRM) software. Read more...
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Bill Bodnar of MMG: Can Rates Go Even Lower?

Bill Bodnar of MMG: Can Rates Go Even Lower?

Sunday, 16 February 2020
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Bill Bodnar of The Mortgage Market Guide discusses why bonds are unable to break above current resistance levels even in the face of highly uncertain events, such as the coronavirus outbreak. He notes there is some chatter about rates going even lower, but in his view, there is also a chance they could go higher.… Read more...
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Customized Content: The Secret Sauce in Modern Mortgage Marketing

Customized Content: The Secret Sauce in Modern Mortgage Marketing

Wednesday, 19 February 2020
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Personal connections are everything in business—you’ve worked hard to build these relationships, so don’t let all that hard work go to waste. In today’s increasingly competitive mortgage marketplace, engaging customers with content that is relevant to them is essential for securing repeat business and referrals. But who’s got the time, tools or skill sets to… Read more...
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Ask The Expert: How Long Should I Wait Before Calling a Lost Prospect?

Ask The Expert: How Long Should I Wait Before Calling a Lost Prospect?

Friday, 14 February 2020
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Brent from Oklahoma asks: You have previously talked about calling back a prospect you lost. I thought that was a good idea. How long should I wait after losing the prospect? What should I say? Read more...
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