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FHFA Looks to Formalize Fair Lending Rule

FHFA Looks to Formalize Fair Lending Rule

Sunday, 23 April 2023
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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

CFPB Staffer Forwarded Consumer Records to Personal Email

Sunday, 23 April 2023
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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

3 Strategies to Grow Your Referral Network

Sunday, 16 April 2023
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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 Launches Reverse Mortgage Training for LOs

Sunday, 16 April 2023
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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 Buys BNC National Bank’s Mortgage Biz

Sunday, 16 April 2023
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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

Mortgage LO Faces 90 Years for Faking Clients' Child Support

Sunday, 16 April 2023
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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...
Ask The Expert: Is It Just Me, Or Is This Slump Lasting Extra Long?

Ask The Expert: Is It Just Me, Or Is This Slump Lasting Extra Long?

Saturday, 08 April 2023
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Perplexed in Arizona wrote in asking: This tough market has gone on for a long time. I have been in the industry for over 20 years, but never remember a slump lasting this long. Is my memory wrong and, either way, how do I keep my attitude right with so many challenges today? Read more...
Can You Afford the Cost Of Average Sales Results?

Can You Afford the Cost Of Average Sales Results?

Saturday, 08 April 2023
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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

To Succeed In This Market, Focus On Relationships: Expert

Friday, 07 April 2023
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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

Trump Lawyer Defended Subprime Mortgage Fraudster

Friday, 07 April 2023
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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...

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