Originating

Originating (857)

Originator Bilked Black Seniors Out of Millions: Lawsuit

Northwestern University’s Bluhm Legal Clinic has filed a civil lawsuit on behalf of 45 homeowners, trying to void reverse mortgages that were allegedly fraudulently procured by Chicago mortgage originator Mark Diamond. So reports CBS 2 Chicago. Read more...

3 Creative Ways Loan Officers Can Stay in Touch with Clients Over the Holidays

The real estate market is notorious for slowing down during the holiday season. As a loan officer, you may be wondering whether you should take your foot off the gas pedal too. Read more...

Mortgage Fraudster Pleads Guilty in 'Straw' Borrower Scam

A New Jersey man has pleaded guilty to one count of conspiring to commit bank fraud in part of a mortgage scheme that allegedly involved hundreds of thousands of dollars. So reports NorthJersey.com. Read more...

Home Point Financial Rebrands as Homepoint

Home Point Financial has announced that it is rebranding and will now be known as simply Homepoint. Read more...

Internet Lender SoFi Eyes Deal to Go Public

Digital lending startup Social Finance, better known as SoFi, has held talks with blank-check companies about going public. So reports Reuters. Read more...

Ask The Expert: How Do I Get Back to Focusing on Purchases in 2021?

Cheryl from Florida asked: "I read the forecast by the MBA which says there will be less refinances next year. I have been doing mostly refinances and I have no idea how to get back to focusing on purchases. What do you recommend?" Read more...

Mortgage Origination and the Digital Revolution

In early December, Warner Bros. announced that all of its 2021 movie releases—17 in all–will be available on HBO Max (a streaming service) on the same day they debut in movie theatres. This is a major break from previous practices that had given movie theatres a competitive advantage by delaying a film’s release to streaming… Read more...

Three Mortgage-Tech Startups Win Support From Flagstar Bank

Flagstar Bank has selected the startups Home Lending Pal, Stavvy and RealKey to take part in its Flagstar MortgageTech Accelerator program. Read more...

Nine Arrested, Indicted in Alleged $6M Mortgage Scam

California state authorities have announced the arrests and indictments of nine people in an alleged mortgage scheme that led to a loss of about $6 million. So reports KTXL in Sacramento. Read more...

Manafort’s Mortgage Fraud Dismissal Appealed to N.Y. High Court

Mortgage fraud charges against President Trump’s former campaign chairman Paul Manafort are rearing their head once again. So reports NBC News. Read more...

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