Originating

Originating (1418)

Man Arrested for Mortgage Scam That Cost Woman Her Home

A Maryland man has been arrested for mortgage fraud that allegedly caused a Maryland woman to lose her home. So reports The Washington Post. Read more...

Mortgage Broker Fined for Attacking Clients on Yelp

A California mortgage broker will have to pay up after allegedly posting sensitive information about his clients in retaliation for their negative reviews of his business on Yelp. So reports CBS News. Read more...

Rocket Mortgage Now NFL’s Official Mortgage Sponsor

Rocket Mortgage by Quicken Loans has announced that it has inked a multi-year deal to become the NFL’s official mortgage sponsor. So reports the Detroit Free Press. Read more...

Ask The Expert: Can An FHA Loan Be Used for a Cash-out Refinance of an Owner-occupied Single-family Residence?

Edward from Lincoln Nebraska asks Dave Hershman: I am new to originating. I have a couple of general questions that I hope you can answer, as I have not been getting much guidance from my company. Read more...

How to Set New Employees Up for Success

The first day is the most important day of a new employee’s career with your company. Changing jobs is traumatic enough. Coming to a strange place and witnessing no support the first day can be devastating. Read more...

It’s Time to Change Originator Responsibilities

When I am conducting sales training at lenders, it is clear that originators are asked to perform an inordinate number of duties that are not selling activities. The typical lender expects originators to generate their own business; put a file together; follow up with customers; and retain the customers once the loan has closed. Read more...

3 'OK Boomer' Moments in Mortgage Banking

The catchphrase “OK Boomer” caught fire in 2019, trending in the media and on the Internet. The saying gained popularity when CNN showed a video of Chlöe Swarbrick speaking about the Zero Carbon Bill in New Zealand. Read more...

Blackfin Taps Mortgage Tech Vet to Run Ops

Blackfin Group has hired Lloyd Booth, who has 30 years of mortgage technology experience, as chief operating officer and chief technology officer, the company announced. Read more...

Court Rebukes 'Sovereign Citizen' Cop in Mortgage Scheme

A court has given an unusual reprimand to a former Windsor, Conn. police “Officer of the Year” who was sentenced to two and a half years in prison for falsely claiming to have paid off the judge in his foreclosure case. So reports The Hartford Courant. Read more...

Mortgage Relief Scammers Must Pay $18.5M

A judge has ruled in favor of the Federal Trade Commission against several companies accused of operating mortgage debt relief scams, the FTC has announced. The U.S. District Court for the District of Nevada also slapped an $18.5 million judgment against the scammers. Read more...

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