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Ex-Obama Official Talks Plea Deal in Mortgage Fraud Case

Ex-Obama Official Talks Plea Deal in Mortgage Fraud Case

Saturday, 05 June 2021
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A former Obama administration official charged with stealing $218,000 from a charter school network he founded and using the funds for a lower mortgage rate on a $2.4 million Manhattan apartment is in talks for a plea deal, a court filing shows. So reports Bloomberg. Read more...
Digital Closing Platform Snapdocs Is Now a Unicorn

Digital Closing Platform Snapdocs Is Now a Unicorn

Friday, 28 May 2021
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Snapdocs investors reckon that the startup, which offers a digital closing platform, is worth more than $1 billion—meaning it is officially a unicorn. So reports The Real Deal. Read more...
Banker Pleads Guilty in Mortgage Fraud Tied to S.F. Giants Owner

Banker Pleads Guilty in Mortgage Fraud Tied to S.F. Giants Owner

Friday, 28 May 2021
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Former Sterling Bank & Trust executive YiHou Han has pleaded guilty to her role in an alleged mortgage scheme that prosecutors say helped reap $115 million for an owner of the San Francisco Giants baseball team. So reports The Detroit News. Read more...
Nine Plead Guilty in $6M SoCal Mortgage Relief Scam

Nine Plead Guilty in $6M SoCal Mortgage Relief Scam

Friday, 28 May 2021
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Nine people have entered guilty pleas in a Southern California mortgage relief scam that resulted in a loss of about $6 million, California’s attorney general has announced. Read more...
3 Solutions to Win: 'It's a Dog Fight in Mortgage Origination'

3 Solutions to Win: 'It's a Dog Fight in Mortgage Origination'

Thursday, 27 May 2021
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Recently, a mortgage executive exclaimed, “It’s a dog fight in mortgage origination!” as he described the current lending environment. Indeed, fierce competition, crazy pricing and non-existent housing inventory have created additional challenges in an already volatile marketplace. Read more...
It is Time to Get Serious About Prospecting

It is Time to Get Serious About Prospecting

Monday, 24 May 2021
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In 2020, many originators pushed prospecting to the backburner. Thanks to the record-breaking refinance boom, originators were able to hit volume and income goals without much effort in the prospecting department. This year, a very different story is playing out. Read more...
Who Are Your Target Candidates?

Who Are Your Target Candidates?

Monday, 24 May 2021
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In this article we will discuss your possible targets. Identifying the entire range of possibilities will bring you closer to realizing the objective of increasing your choices when it comes to candidates. Read more...
Wealth Management Startup Finary Raises $2.7M in Funding

Wealth Management Startup Finary Raises $2.7M in Funding

Monday, 24 May 2021
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Finary, a Paris-based startup that lets users aggregate their savings, investments, mortgage, real estate assets and cryptocurrencies, has raised $2.7 million (€2.2 million) to fuel its expansion. So reports TechCrunch. Read more...
Former Live Well CEO Changes Lawyers, Gets Sentencing Break

Former Live Well CEO Changes Lawyers, Gets Sentencing Break

Monday, 24 May 2021
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Sentencing for Michael Hild, after his conviction in a massive scam that led to the collapse of his mortgage firm Live Well, has been delayed due to him recently switching lawyers. So reports Richmond (Va.) BizSense. Read more...
Two Arrested for Fraudulent $1.8B Property Deal

Two Arrested for Fraudulent $1.8B Property Deal

Monday, 24 May 2021
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Federal authorities announced the arrest of two New York men for their roles in allegedly falsifying loan documents as part of a $1.8 billion multifamily housing purchase. Read more...

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