Navigating the New Terrain of Mortgage Originations

    Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.

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Originating (1421)

Father-Son Mortgage Scammers Get More Prison Time

Father-Son Mortgage Scammers Get More Prison Time

Friday, 07 February 2020
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A judge has ramped up the legal penalties against a New Jersey family for back-to-back schemes that swindled investors out of $7 million. So reports NorthJersey.com. Read more...
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Landlord to Pay $63M in Alleged Ponzi Scheme

Landlord to Pay $63M in Alleged Ponzi Scheme

Wednesday, 05 February 2020
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A court has approved the distribution of more than $63 million to investors in New York real estate developer Robert Morgan’s allegedly fraudulent real estate investment scheme, the Securities and Exchange Commission has announced. Read more...
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Ask The Expert: Should I Start My Own Mortgage Business?

Ask The Expert: Should I Start My Own Mortgage Business?

Friday, 31 January 2020
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Irv from New York asks: I have been studying the mortgage business for some time now, as I intend to make a career change in the near future. I am excited by the idea of helping people to purchase or refinance their homes while making a decent living for myself. I would be more interested… Read more...
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Black Knight: 9.4M Refi Candidates in the Market

Black Knight: 9.4M Refi Candidates in the Market

Wednesday, 29 January 2020
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We remain in an environment where even slight changes in interest rates–in either direction–can have an outsized impact on the number of refinance candidates. Read more...
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CFPB Letter Signals Changes to QM Rule

CFPB Letter Signals Changes to QM Rule

Sunday, 26 January 2020
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Kathy Kraninger, Director of the Consumer Financial Protection Bureau, recently sent a letter to Congress outlining the Bureau’s plan for a revised Qualified Mortgage (QM) Standard. Read more...
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Lawyer Gets One Year in Prison for Mortgage, Tax Scams

Lawyer Gets One Year in Prison for Mortgage, Tax Scams

Thursday, 30 January 2020
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A prominent New Jersey lawyer has been sentenced to one year and one day in prison on his conviction for making false statements in a bank loan application and failing to pay over payroll taxes withheld from employees, according to federal prosecutors. So reports InsiderNJ. Read more...
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Banks That Spend More on Tech Make Better Loans: IMF

Banks That Spend More on Tech Make Better Loans: IMF

Sunday, 26 January 2020
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Banks with bigger information technology budgets fared better during the global financial crisis, according to a new working paper from the International Monetary Fund. So reports Quartz. Read more...
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Ex-Wells Fargo CEO Fined $17.5M for Fake-Accounts Scandal

Ex-Wells Fargo CEO Fined $17.5M for Fake-Accounts Scandal

Tuesday, 28 January 2020
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Former Wells Fargo CEO John Stumpf will have to pay a $17.5 million fine for running the bank while it opened millions of fake accounts. So reports USA Today. Read more...
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Training and Coaching: How to Keep the Right Staffers

Training and Coaching: How to Keep the Right Staffers

Thursday, 23 January 2020
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The second most important management rule is keeping the right people. Thus, the key word here is support. Read more...
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Voice Assistants: The Next Great Tool for Originators

Voice Assistants: The Next Great Tool for Originators

Wednesday, 22 January 2020
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While artificial intelligence is often referenced in the media and trade papers, AI sounds more like something from Star Trek and not a practical tool for helping salespeople. Nothing could be further from the truth, especially considering the rampant growth of voice-controlled technology. In 2019, there were an estimated 3.25 billion digital voice assistants in… Read more...
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