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Rocket Mortgage Launches Credit Program for First-Time Buyers

Rocket Mortgage Launches Credit Program for First-Time Buyers

Saturday, 07 January 2023
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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...
Academy Mortgage Settles Underwriting Fraud Case for $38.5M

Academy Mortgage Settles Underwriting Fraud Case for $38.5M

Saturday, 07 January 2023
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Academy Mortgage Corp. has agreed to pay $38.5 million to resolve allegations it violated the False Claims Act by improperly originating and underwriting mortgages backed by the Federal Housing Administration. So reports United Press International. Read more...
How to Coach Your Loan Officers One-on-One

How to Coach Your Loan Officers One-on-One

Saturday, 31 December 2022
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Coaching should be performed on a consistent basis, not just when there is a problem. You must schedule coaching meetings as you would any important meeting. The problem is that coaching is a time consuming task and producing managers have a full schedule. Therefore, it is crucial to utilize great time management skills. Read more...
What's the Top Sales Strategy for Thriving During An Economic Crisis?

What's the Top Sales Strategy for Thriving During An Economic Crisis?

Saturday, 31 December 2022
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In an economic climate dominated by fear and uncertainty, here’s the Number One sales strategy originators need to know to stay in the game: Don’t stop prospecting! Read more...
White-Label Mortgage Platform Provider Pylon Raises $4M

White-Label Mortgage Platform Provider Pylon Raises $4M

Friday, 30 December 2022
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Pylon, which provides a white-label technology platform that financial institutions can use throughout the mortgage process, has secured $4 million in seed funding. So reports FinSMEs. Read more...
Big Brother Alum Sued By Three State AGs Over Mortgage Scam

Big Brother Alum Sued By Three State AGs Over Mortgage Scam

Friday, 30 December 2022
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Amanda Zachman, a former contestant on popular reality show Big Brother, and the Florida-based real estate business she founded, MV Realty, have been hit with lawsuits by state attorneys general in Florida, Pennsylvania and Massachusetts for allegedly scamming homeowners. So reports Metro Philadelphia. Read more...
UWM’s Mat Ishbia Buys Phoenix Suns, Mercury

UWM’s Mat Ishbia Buys Phoenix Suns, Mercury

Friday, 30 December 2022
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United Wholesale Mortgage CEO Mat Ishbia and his brother Justin Ishbia have signed a deal to buy the Phoenix Suns and Mercury. So reports DBusiness. Read more...
Lender Sued by NASCAR Team for Breach of Sponsor Deal

Lender Sued by NASCAR Team for Breach of Sponsor Deal

Friday, 09 December 2022
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Atlanta-based mortgage lender Equity Prime Mortgage has been hit with a lawsuit by NASCAR team Jesse Iwuji Motorsport. So reports stock-car racing news blogger Toby Christie. Read more...
Two Found Guilty of Scamming 800 'Desperate' Homeowners

Two Found Guilty of Scamming 800 'Desperate' Homeowners

Friday, 09 December 2022
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A federal jury in Cincinnati has found two people guilty for taking part in a foreclosure rescue scam that prosecutors say duped almost 800 homeowners nationwide. So reports MarketWatch. Read more...
Setpoint, Fintech Startup for Mortgage Originators, Raises $43M

Setpoint, Fintech Startup for Mortgage Originators, Raises $43M

Friday, 09 December 2022
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Setpoint, a New York-based startup that builds software to help make loan transactions easier for mortgage originators, has another $43 million in the bank. So reports FinTech Magazine. Read more...

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