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Lenders Using LodeStar Closing Fee Tech Required One Cure Every 22K Quotes

Mortgage loan originators using the closing fee calculator technology of LodeStar Software Solutions in 2022 averaged one inaccuracy requiring a cure out of every 22,000 fee estimates or quotes, according to the company. Read more...

Ask The Expert: How Do I Start Getting Referrals?

Denise from New Jersey wrote in: "I have read several of your statements on the topic of referrals. It seems like everyone is trying to sell me a referral-based system. I realize that I need to get more referrals, but I don't know where to start. Can you give me some direction? Or should I… Read more...

90% Of Success Depends on This Single Skill: CNBC

According to self-made millionaire Steve Adcock, 90% of success depends on one single skill that he says young people are terrible at: interviewing. Adcock, a former software developer who retired at age 35, recently shared 5 tips to get it right. Read more...

Wells Fargo Backs Away from Mortgage Business It Once Ruled

Wells Fargo, once America’s largest mortgage lender, has signaled a retreat from the industry. So reports CNN. Read more...

Police Nab Accused Mortgage Scammer Who Posed as Rapper

Police have arrested a man who is accused of using the name of a famous Chicago rapper for more than a year in a scheme that involved pretending to pay people’s mortgage bills. So reports CBS Chicago. Read more...

Blend Labs Enters Fourth Round of Layoffs

Blend Labs has begun its fourth round of layoffs in the past year. So reports The Real Deal. Read more...

3 Common Myths Can Sabotage Your Sales Results

Mortgage managers who fall prey to these myths may be holding your sales organization back. Read more...

Ask The Expert: How Can I Plan for a More Successful Year in 2023?

Claudia from Baltimore wrote in: "Like many loan officers, this year was not really good for me. I was not really prepared for the market to change so quickly, even though I knew it was coming. I just did not plan well for it. This year, I am determined to set up a plan. But… Read more...

Housing Slump Led to 'Scariest Year' of My Life: A Mortgage Broker's Tale

A 32-year-old mortgage broker has gone public about the toll the housing market’s slump has taken on his personal finances and mental health. So reports MarketWatch. Read more...

Rocket Mortgage Launches Credit Program for First-Time Buyers

Rocket Mortgage rolled out Purchase Plus, a program offering first-time homeowners in underserved areas of six cities as much as $7,500 in mortgage credits. So reports Seeking Alpha. Read more...

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