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Can You Afford the Cost Of Average Sales Results?

What percentage of your LOs are consistently hitting–or exceeding–their sales goals? If you’ve accepted the status quo, it may be costing you long-term stability and success. Read more...

To Succeed In This Market, Focus On Relationships: Expert

Mortgage industry veteran Ron Vaimberg has advised that the loan originators who are doing well in the current market have kept up strong relationships with realtors, financial professionals and other referral partners. So reports MReport. Read more...

Trump Lawyer Defended Subprime Mortgage Fraudster

Susan Necheles, one of the lawyers accompanying former President Donald Trump during his arraignment hearing on charges of falsifying business records, has a curious connection to the mortgage industry. So reports Slate. Read more...

SoFi Buys Wyndham Capital Mortgage to Beef Up Lineup

SoFi Technologies has acquired a fellow fintech lender, Wyndham Capital Mortgage, in an effort to offer a wide suite of mortgage products. So reports Fintech Futures. Read more...

Wells Fargo Must Face Predatory Lending Suit, Judge Rules

A federal judge has denied Wells Fargo’s request to dismiss a predatory lending complaint filed by three counties in Georgia. So reports National Mortgage Professional. Read more...

Rocket Mortgage Unveils Rocket Visa Signature Card

Rocket Mortgage has introduced a credit card that aims to help save for or pay off a home. So reports CNBC. Read more...

First Mortgage Co., McCord Must Pay $31M, Judge Rules

Oklahoma City-based mortgage company First Mortgage Co. and owner Ron McCord must pay warehouse lender CapLoc $31 million plus interest, a Manhattan federal judge has ruled. So reports NEXT Mortgage News. Read more...

Hispanic Borrowers: Are Your LOs Bypassing This Massive Opportunity?

If your loan officers are not actively courting Latino home loan prospects, you could be walking away from massive profit potential, according to the latest stats from The National Association of Hispanic Real Estate Professionals® (NAHREP). Read more...

How to Develop Your Company's Culture

Just because a company underwrites and/or approves loans quickly does not mean it is part of the culture. For example, are each and every one of the loan officers featuring this turnaround time, or are they selling rate and assuming that the quick approval is not something their clients want or need? Read more...

UWM $16B Deal at Center of Investor Suit

A blank-check company faces a lawsuit on behalf of its shareholders over a $16.1 billion deal to take United Wholesale Mortgage public. So report The Mortgage Note and Law360. Read more...

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