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Canada’s Pine Plots Mortgage Expansion with $27M Funding

Canada’s Pine Plots Mortgage Expansion with $27M Funding

Friday, 03 June 2022
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Pine, a Canadian startup offering a digital direct-to-consumer mortgage model, has banked $27 million as it plans for growth. So reports Bloomberg. Read more...
Mortgage Startup Tomo Cuts Staff by One-Third

Mortgage Startup Tomo Cuts Staff by One-Third

Friday, 03 June 2022
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Tomo, a startup that aimed to become a “Paypal for the mortgage industry,” has laid off 44 people, representing almost one-third of its headcount. So reports The Real Deal. Read more...
Mortgage Fraudster Sentenced After Conning Father

Mortgage Fraudster Sentenced After Conning Father

Friday, 03 June 2022
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A 40-year-old UK woman has been sentenced after her mortgage-fraud conviction for duping her father into buying a property. So reports the St. Helens (UK) Star. Read more...
Ask The Expert: How to Help Real Estate Agents Grow Their Biz?

Ask The Expert: How to Help Real Estate Agents Grow Their Biz?

Thursday, 02 June 2022
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Many readers have written to me about rising rates and plummeting production and I have dedicated two previous columns to addressing this topic. Here is my third and final segment on it, which will focus on delivering value to real estate agents. Read more...
Has Your Organization Mastered High-tech, High-touch?

Has Your Organization Mastered High-tech, High-touch?

Thursday, 02 June 2022
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There is no question that the pandemic accelerated trends that were already emerging in mortgage banking and, as a result, lenders have been super-focused on updating technology to try to stay ahead of the curve. While much of the emphasis has been on streamlining the loan process, the human side of the transaction needs a… Read more...
Data Provider FirstClose Banks $35M in Funding

Data Provider FirstClose Banks $35M in Funding

Friday, 27 May 2022
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FirstClose, which offers data and workflow solutions for mortgage and home equity lenders, has pocketed $35 million in equity funding, the company announced. Read more...
Loan Officer Indicted for Fraud, Identity Theft

Loan Officer Indicted for Fraud, Identity Theft

Friday, 27 May 2022
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A Florida mortgage loan officer has been indicted on federal charges of bank fraud and aggravated identity theft, prosecutors announced. Read more...
Indecomm Rolls Out GeniusWorks for Middle Office

Indecomm Rolls Out GeniusWorks for Middle Office

Friday, 27 May 2022
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Indecomm Global Services has unveiled GeniusWorks, an automation-based offering aimed at streamlining middle-office origination. Read more...
Fannie Mae Cuts Economic Outlook Due to Rates, Inflation

Fannie Mae Cuts Economic Outlook Due to Rates, Inflation

Friday, 20 May 2022
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Fannie Mae has downgraded its 2022 economic outlook, as well as its projections for home sales and mortgage originations, citing stubborn inflation and climbing interest rates. Read more...
Mortgage Industry Veteran Advises: 'Take a Deep Breath'

Mortgage Industry Veteran Advises: 'Take a Deep Breath'

Friday, 20 May 2022
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One lesson learned from 30 years in the mortgage business is that slowdowns are an inevitable part of the business cycle. That’s according to Churchill Mortgage CEO Mike Hardwick, writing for Forbes.com. Read more...

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