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Digital Mortgage Platform Maxwell Lands $16.3M in Funding

Maxwell, a digital platform serving small to mid-size mortgage originators, has raised $16.3 million that it plans to use for product development, market penetration and hiring. So reports Crowdfund Insider. Read more...

Roofing Exec Convicted Over COVID-19 Loan Fraud

The head of a Florida roofing company has been convicted for misusing coronavirus relief funds to buy a 40-foot catamaran. So reports Business Observer. Read more...

Six Family Members Admit to $1.3M Mortgage Scam

Six members of a South Florida family have pleaded guilty for their roles in a mortgage fraud involving more than $1.3 million on 10 real estate transactions. So reports The Miami Herald. Read more...

How Well Are Your Originators Managing Their Most Important Asset?

Since 1999, I have analyzed top originators’ practices and personality traits—that’s 22 years and counting! I have conducted numerous validation studies in collaboration with psychologists to pinpoint the innate competencies that drive individuals to succeed in mortgage sales. Read more...

Guaranteed Rate Launches Mortgage Tech Spin-Off Gateless

Guaranteed Rate has unveiled the creation of a new mortgage technology company, Gateless. So reports Dodd-Frank Update. Read more...

Landlord Admits to $150M Fraud Scheme

The owner of 70 multi-family properties has pleaded guilty to running what federal prosecutors described as a $150 million bank and securities scam lasting 10 years. So reports the Teaneck, N.J. Daily Voice. Read more...

Three Real Estate Pros, Others Plead Guilty in Mortgage Scam

Eleven people, including three real estate agents, have pleaded guilty to a multi-year mortgage fraud scheme. So reports the Atlanta Agent. Read more...

Your Unique Selling Proposition is Key to Converting Candidates

It makes sense that, in order to attract candidates, you really have to answer the all important question: Why should I come to work for your company? With all the other choices out there, what makes your company unique? Read more...

Lenders’ Biggest Dilemma: Invest in Training Or Be Replaced

In the last few weeks, nearly every conversation I’ve had with senior mortgage executives has centered on one of two issues: finding sales and processor talent, and delivering an excellent customer experience throughout the loan process. Read more...

Black Knight Buys Cloud-Based Mortgage Broker LOS from NexSpring

Black Knight has acquired a cloud-based loan origination system (LOS) from NexSpring Financial to broaden its ability to serve mortgage brokers, the company announced. The new digital lending platform will be a key part of the company’s ecosystem. Read more...

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