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Redfin Direct Expands to Massive California Market

Redfin has launched its Redfin Direct service, which allows potential homebuyers to bid online without a real estate agent. So reports The San Diego Union-Tribune. Read more...

Ask The Expert: What Determines Success?

Q: Dave, I am thinking about becoming a loan officer. A friend of mine said that he will be training me, and I have already taken the 20-hour course. What is going to determine my success? --Peter from Seattle Read more...

Five Questions to Ask Yourself Before the New Year

For many in mortgage banking, 2019 was great; for others, not so much. In the new year, which will be here soon enough, sales organizations will need to address the challenges inherent in a marketplace characterized by the resurgence of purchase money and the reduction of refinance volume. Read more...

Bill Bodnar of MMG: A Lot to Be Thankful For in This Economy

Bill Bodnar of the Mortgage Market Guide discusses all the positive markers that point to more good times ahead. Specifically, he points to durable items, a pickup in housing, the tight labor market, rising starts, good existing home sales and the Goldilocks scenario. Read more...

Florida Mortgage Broker Pleads Guilty to $5M Condo Scam

A mortgage broker and a housing developer have each pleaded guilty to conspiring to deceive banks that ended up losing $5 million as a result of a condo-conversion scheme. So reports the Tampa Bay Times. Read more...

Zillow CEO Imagines a 'Trade-In Experience' for Your Home

Zillow’s move into iBuying is a first step into a bigger makeover for the process of purchasing a home, CEO Richard Barton has said. So reports CNBC. Read more...

California Mortgage Fraudster Gets Prison in $10M Scheme

A federal judge has handed down a three-year prison sentence to a California man accused of mortgage fraud. So reports the Times-Herald. Read more...

Bill Bodnar of MMG: Three Reasons Housing Will Keep Shining

Bill Bodnar of the Mortgage Market Guide (MMG) points a reaccelerating housing market, the strong labor market and interest rates remaining low as the three reasons. Read more...

Ask The Expert: Should I Be Focusing on Selling More Adjustables Now?

Q: Dave, I see more prospects asking about adjustable rates in the past several months. Should I be focusing on selling more adjustables? --Sally from Kansas Read more...

New Tool from Nexsys Simplifies Communication Between Lenders and Homeowners Insurance Providers

Nexsys Technologies, a FinTech company providing advanced technology solutions for mortgage origination and closing, announced the launch of Clear HOI, a tool that digitizes the communication between mortgage lenders and homeowners insurance companies. Read more...

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