Originating

Originating (1113)

Remote Mortgage Originations Here to Stay in Pennsylvania

Pennsylvania has made permanent an emergency order issued by Governor Tom Wolf during the early stages of the COVID-19 pandemic that allows brokers to originate mortgages remotely. So reports the Pittsburgh Tribune-Review. Read more...

Fannie Mae Reaches $53M Settlement Over Discrimination Claims

Fannie Mae has agreed to pay $53 million to settle allegations by the National Fair Housing Alliance and 19 local housing groups that the mortgage finance giant discriminated against communities of color after the 2008 financial crisis. So reports the Cleveland Scene. Read more...

BofA Director's Family Feud Hints at Potential Mortgage Fraud

A family dispute swirling around a Bank of America board director has dredged up indications of possible mortgage fraud committed against JPMorgan Chase and Morgan Stanley. So reports Financial Planning. Read more...

Constellation Mortgage Solutions Acquires ReverseVision

Constellation Mortgage Solutions, a portfolio of financial technology solutions in the mortgage space, says it has acquired ReverseVision, a provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales origination software. Read more...

Better.com Exodus Continues After CEO Vishal Garg’s Return

Better.com has lost more executives in the wake of CEO Vishal Garg firing 900 employees over Zoom, taking a break, and returning to the office. So reports TechCrunch. Read more...

Mortgage Scam Sends Tampa Paralegal to Federal Prison

Conspiring to commit bankruptcy fraud in an effort to defraud mortgage companies and homeowners has landed a Tampa paralegal in federal prison for 15 months. So reports the Business Observer. Read more...

Rocket Pro TPO Launches Crews

What are two of the biggest challenges brokers have when dealing with wholesalers? Many would say getting the loans closed on time and being able to effectively communicate with the lender so that they can keep their borrower informed and address issues that may be holding up the loan. Read more...

Ask The Expert: How Can I Drive Better Results This Year?

Jackie from Ohio wrote: "I really want to have a better year [in 2022]. I really don’t think my results were that great considering the refinances and hot real estate market. But I don’t know where to start. Any help you can give me would be greatly appreciated." Read more...

More Ways to Widen Your Recruiting Focus

In a previous column, I wrote about ways to widen your recruiting focus by implementing marketing activities using your sphere. I have some additional insights to share that can help you recruit smartly and increase your production at the same time. Read more...

How to Resolve the Talent Acquisition and Retention Crisis

There is no hotter topic in business than the Great Resignation—the mass exodus of employees from their jobs that began in 2021. The disruption caused by the global pandemic enabled many employees to rethink their careers, work/life balance, long-term goals and working conditions. The result? A large percentage of workers quit in search of a… Read more...

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