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Mortgage Point Use Soared in 2022: Zillow

The share of homebuyers choosing to buy mortgage points in order to reduce their monthly payments rose sharply last year, Zillow Home Loans has found. So reports MortgageOrb. Read more...

Ask The Expert: More Thoughts On Beating This Extra Long Slump

In my last column, I answered a question from "Perplexed in Arizona" about today's touch market conditions. I have more thoughts. Read more...

The Fail-safe Strategy to Generate More Loan Volume

Limited housing inventory, affordability concerns and fallout from inflation continue to complicate the mortgage banking landscape. For lenders struggling to fill their pipelines with new loan applications, the answer may lie in expanding their product lines, according to Joe Camerieri, EVP of sales and strategy at Mortgage Cadence. Read more...

Black Knight Launches Mobile App for MLOs

Black Knight has rolled out a new mobile app for its Optimal Blue PPE pricing and eligibility product. So reports MortgageOrb. Read more...

FHFA Looks to Formalize Fair Lending Rule

The Federal Housing Finance Agency has asked for comment on a proposed rule meant to formalize the regulator’s approach to fair housing and fair lending oversight. So reports DSNews. Read more...

CFPB Staffer Forwarded Consumer Records to Personal Email

The Consumer Financial Protection Bureau has disclosed that an employee who is no longer with the agency sent confidential details for hundreds of thousands of consumers to their personal email account. So reports NBC News. Read more...

3 Strategies to Grow Your Referral Network

Most (92%) participants in a Loan Officer Hub originator survey say the most reliable way to expand your referral network is to “provide value.” Read more...

Guaranteed Rate Launches Reverse Mortgage Training for LOs

Guaranteed Rate has begun offering a new training program to certify loan officers in reverse mortgages. So reports RISMedia. Read more...

First Federal Bank Buys BNC National Bank’s Mortgage Biz

First Federal Bank has announced a deal to acquire certain assets and liabilities of BNC National Bank’s mortgage unit. So reports M&A Navigator. Read more...

Mortgage LO Faces 90 Years for Faking Clients' Child Support

A Florida-based mortgage loan officer has been convicted of forging documents to show that clients were divorced or receiving child support. The charges carry a maximum of 90 years in prison. So reports Orlando-News.com. Read more...

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