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LO Got NFL Tickets, Car in $12.4M Fraud Scheme: Feds

LO Got NFL Tickets, Car in $12.4M Fraud Scheme: Feds

Sunday, 25 June 2023
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A mortgage loan officer received Kansas City Chiefs playoff tickets and a Chevrolet Tahoe in return for enabling a Missouri businessman’s $12.4 million COVID-19 fraud scheme, according to federal prosecutors. So reports the Omaha World-Herald. Read more...
Housing Affordability Crisis Hits These Buyers Hardest

Housing Affordability Crisis Hits These Buyers Hardest

Monday, 19 June 2023
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To be sure, the housing affordability crunch has hit potential homebuyers nationwide. However, a new joint report from the National Association of Realtors (NAR) and Realtor.com reveals that one particular group has been impacted more than any other: middle-income buyers. Read more...
Ask The Expert: Do I Have to Turn to Planners When Seeking Alternative Biz Sources?

Ask The Expert: Do I Have to Turn to Planners When Seeking Alternative Biz Sources?

Monday, 19 June 2023
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Doug from Boston wrote in: "Dave, I read your advice about alternative business sources, and I really appreciate your thoughts on this topic. I have been focused in this area as well. However, I don’t agree with your example of working with financial planners. I don’t believe in financial planners because they are just usually… Read more...
How Diversity and Inclusion Can Lead to Mortgage Biz Success

How Diversity and Inclusion Can Lead to Mortgage Biz Success

Monday, 19 June 2023
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Leaders from Bank of America, Fannie Mae, Brace, and Arrive Home have detailed how diversity & inclusion (D&I) or diversity, equity, and inclusion (DEI) can help drive success in the mortgage industry. So reports TheMReport. Read more...
Woman Ordered to Pay $1M Over Loan Fraud Scheme

Woman Ordered to Pay $1M Over Loan Fraud Scheme

Monday, 19 June 2023
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A Tennessee federal court judge has sentenced a woman to more than 10 years in prison and a nearly $1 million repayment after pleading guilty to bank fraud and conspiracy to commit money laundering. So reports local ABC affiliate WATE. Read more...
Better.com Exits Real Estate Business

Better.com Exits Real Estate Business

Monday, 19 June 2023
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Better.com, the digital mortgage lender, has laid off its real estate team and shuttered the related business. So reports TechCrunch. Read more...
5 Keys to Finding More Business Now

5 Keys to Finding More Business Now

Wednesday, 14 June 2023
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As we approach the mid-point of 2023, if you’re still in the mortgage lending business, you’re one of the industry’s professionals. The folks who were just passing through to cash-in on the easy refinance business have moved on. Read more...
Can Home Equity Lending Products Ease Market Gridlock?

Can Home Equity Lending Products Ease Market Gridlock?

Saturday, 10 June 2023
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Rising interest rates, limited inventory and the housing affordability crunch have made origination tougher in 2023. But, some lenders and LOs are finding relief from marketplace gridlock by offering home equity lending products, a customer-centric move that can pay off in the long run. Read more...
Business Services Startup Instabase Launches AI Hub

Business Services Startup Instabase Launches AI Hub

Friday, 09 June 2023
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Instabase, a startup that helps businesses automate their processes by making sense of unstructured data, has introduced AI Hub, a library of AI apps. So reports VentureBeat. Read more...
Roofing Exec’s Mortgage Fraud Conviction Upheld on Appeal

Roofing Exec’s Mortgage Fraud Conviction Upheld on Appeal

Friday, 09 June 2023
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The head of a Florida roofing company’s appeal of his sentence for mortgage fraud and conviction for COVID-19 relief fraud has been rejected by a federal appeals court. So reports the Naples (Fla.) Daily News. Read more...

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