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NYC Council Candidate Swamped in Mortgage Legal Drama

NYC Council Candidate Swamped in Mortgage Legal Drama

Saturday, 12 June 2021
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A New York City candidate for City Council, who pleaded guilty last year to starting a riot over COVID-19 rules, is separately embroiled in a long-running legal saga over a mortgage to a Brooklyn home he didn’t necessarily own. So reports The New York Daily News. Read more...
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EMM Loans Releases the Fannie Mae RefiNow Program

Monday, 07 June 2021
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EMM Loans, LLC. of Cherry Hill N.J, just released the Fannie Mae (FNMA) RefiNow Program. The RefiNow program offers expanded eligibility requirements that will give an estimated two million additional borrowers a chance to refinance to a lower interest rate and reduce their monthly mortgage payments. Read more...
Ask The Expert: How Do I Overcome Call Reluctance?

Ask The Expert: How Do I Overcome Call Reluctance?

Sunday, 06 June 2021
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Brad from Georgia writes: "My business has suffered for years because I have call reluctance. I know I should be calling previous prospects and more, but I can’t seem to muster the courage to call. And when I do start to make calls, I never stick with it for very long."  Read more...
Homeward, Startup for All-Cash Offers, Nabs $371M

Homeward, Startup for All-Cash Offers, Nabs $371M

Saturday, 05 June 2021
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Homeward, an Austin-based startup that helps homebuyers make all-cash offers to speed up the purchase process, has an additional $371 million to spend. So reports TechCrunch. Read more...
Proptech Startup Spruce Secures $60M in Funding

Proptech Startup Spruce Secures $60M in Funding

Saturday, 05 June 2021
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Spruce, a proptech company that helps facilitate online real estate transactions, has announced that it now has another $60 million in the bank. Read more...
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...

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