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Mortgage Startup SimpleNexus Secures $108M in Funding

Digital mortgage platform developer SimpleNexus has locked in an additional $108 million in funding, the Utah-based company has announced. Read more...

Feds Sue Ex-Reality TV Stars in Brooklyn Mortgage Fraud Case

The federal government has filed a civil lawsuit against three men who allegedly orchestrated a mortgage fraud scheme involving nine homes in Brooklyn, New York. So reports Patch.com. Read more...

Ask The Expert: The LO Before Me Was Terrible, How Can I Win Over Agents?

Rebecca from Wisconsin asks: "I work from inside a real estate office under a joint marketing agreement with the real estate company. I was just assigned to the office recently, but the agents don't seem to be open to working with me because of the poor job the previous loan officer did in that office.… Read more...

Ask The Expert: How Do I Market An Open House?

Jonathan from Maryland asked: "You have talked about adding value to an agent. The example you gave was marketing an open house, instead of providing open house flyers. I am not sure how to market an open house since I am used to marketing financing rates and programs to real estate agents and consumers." Read more...

Steps to Set Up a Successful Mentorship Program

The purpose of a mentorship program is to facilitate field training for new hires that are not experienced so that they will receive the support they need to transition into productive members of the sales force. Read more...

Is Anyone Interested In Executive Management Anymore?

A senior executive at an independent mortgage firm recently confided how hard it is to interest branch managers in taking executive-level positions. What he hears most frequently from branch managers is: “I wouldn’t want your job! Too many headaches!” Read more...

The Hardest Career Decision a Loan Officer Will Ever Make

Once loan officers (LOs) reach a certain level of success, they will inevitably face the decision of whether to form a team or operate as an individual contributor in their lender’s organization. What success looks like for each originator is different. Read more...

7 Lessons From the Year 2020

Traditional selling as we know it has been dead for a long time but the global pandemic was the nail in the coffin for the order-taker sales model. Read more...

The Hidden Challenges in 2021 for Mortgage Lenders

In a recent Inman article, a Keller Williams executive discussed the challenges facing the company in 2021. Read more...

Ask The Expert: More Thoughts On Refocusing on Purchases

In my last column, Cheryl from Florida asked about refocusing on purchases in 2021. Here are some additional insights. Read more...

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