Navigating the New Terrain of Mortgage Originations

    Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.

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Originating

Originating (1421)

Mob Associate Gets Four Years for Real Estate Scam

Mob Associate Gets Four Years for Real Estate Scam

Saturday, 17 April 2021
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A man associated with the Philadelphia mob has been sentenced to four years and one month in prison for his part in a scam that included stealing would-be homebuyers’ down payments, according to federal authorities. So reports the Philly Voice. Read more...
Ask The Expert: Prospects Are Shopping More Because Rates Have Risen

Ask The Expert: Prospects Are Shopping More Because Rates Have Risen

Friday, 09 April 2021
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Diane from New York asked: "As rates have moved up, my prospects have been shopping me more. They have been told that rates are in the '2’s' for so long that it seems they don’t believe me that rates have gone up. This is especially true for my refinance business--even for those who have high… Read more...
Ask The Expert: How Can My Clients Get the 'New' $15K Tax Credit

Ask The Expert: How Can My Clients Get the 'New' $15K Tax Credit

Friday, 09 April 2021
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Myra from Georgia asked: "I have been told that the President’s tax credit has been passed. How can my prospects get the $15,000 which will help tremendously for a downpayment? I have not seen many details published, but all of my real estate agents are excited." Read more...
5 Strategies for Mastering Virtual Sales Presentations

5 Strategies for Mastering Virtual Sales Presentations

Friday, 09 April 2021
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Last year was especially challenging for sales professionals after in-person sales calls ground to a halt due to the pandemic. Many originators were forced to adapt to the new world of virtual selling—and fast! Read more...
5 Strategies for Mastering Virtual Sales Presentations

5 Strategies for Mastering Virtual Sales Presentations

Friday, 09 April 2021
Originating
Written by
Last year was especially challenging for sales professionals after in-person sales calls ground to a halt due to the pandemic. Many originators were forced to adapt to the new world of virtual selling—and fast! Read more...
Woman Left Fraud History Out of Mortgage Application: DOJ

Woman Left Fraud History Out of Mortgage Application: DOJ

Friday, 09 April 2021
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A Rhode Island woman failed to mention in her mortgage application that she owed the government almost $400,000 for fraud, according to a federal indictment. So reports Patch.com. Read more...
Ex-Nike Manager Pleads Guilty to Scam Involving Phony Mortgage

Ex-Nike Manager Pleads Guilty to Scam Involving Phony Mortgage

Friday, 09 April 2021
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A former Nike manager accused of defrauding the company of almost $1.5 million has pleaded guilty to charges that include bogus mortgage paperwork. So reports Portland Business Journal. Read more...
Mortgage Business Owners Make 'America’s Most Wanted'

Mortgage Business Owners Make 'America’s Most Wanted'

Friday, 09 April 2021
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The married owners of a Hawaii mortgage business that purported to help out homeowners at risk of foreclosure have landed a place in an episode of “America’s Most Wanted.” So reports local TV station KHON2. Read more...
Ask The Expert: How Can I Get Prospects the New $15k Homebuyer Tax Credit?

Ask The Expert: How Can I Get Prospects the New $15k Homebuyer Tax Credit?

Thursday, 08 April 2021
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Myra from Georgia asked: "I have been told that the President’s tax credit has been passed. How can my prospects get the $15,000 which will help tremendously for a down payment? I have not seen many details published, but all of my real estate agents are excited."  Read more...
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5 Ways to Win in a Purchase Money Market in the New Reality

5 Ways to Win in a Purchase Money Market in the New Reality

Wednesday, 07 April 2021
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During my recent conversations with sales leaders, managers across the board expressed concern about their originators adapting to the new environment of rising interest rates and the shift to purchase money. Read more...
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