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Mortgage Scam Victim Sentenced for Money Laundering

Mortgage Scam Victim Sentenced for Money Laundering

Friday, 05 February 2021
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A Florida woman who allegedly started money laundering after falling victim to a mortgage scam has been sentenced to prison, according to the U.S. Attorney’s office in Atlanta. Read more...
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Illinois Mortgage Pros Indicted in $3M Mortgage Scheme

Illinois Mortgage Pros Indicted in $3M Mortgage Scheme

Friday, 05 February 2021
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In Illinois, two mortgage professionals are among those indicted for allegedly participating in a mortgage scam that bilked financial institutions out of at least $3 million. So reports The Chicago Sun-Times. Read more...
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Rocket Mortgage Touts Digital Platform in Super Bowl Ads

Rocket Mortgage Touts Digital Platform in Super Bowl Ads

Friday, 05 February 2021
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Rocket Mortgage debuted two new commercials during Super Bowl LV, highlighting the digital service of the nation’s largest mortgage broker. Read more...
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Mortgage Originators: Don't Be a Copycat!

Mortgage Originators: Don't Be a Copycat!

Wednesday, 03 February 2021
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In mortgage banking, it is commonplace for originators to adopt the practices of successful producers. If one salesperson rises at 4:00 a.m., everyone else feels they must follow suit. Read more...
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ServiceLink Integrates Title Decisioning with Cloudvirga Platform

ServiceLink Integrates Title Decisioning with Cloudvirga Platform

Friday, 29 January 2021
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ServiceLink has announced that its EXOS Express Pass title decision technology has been integrated with Cloudvirga’s digital mortgage platform. Read more...
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Ex-Gang Member Wants Jail Release in Mortgage Fraud Case

Ex-Gang Member Wants Jail Release in Mortgage Fraud Case

Friday, 29 January 2021
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A former member of the 311 Boyz gang has argued that a Las Vegas court should have released him after posting bond on charges of a mortgage scam. So reports the Las Vegas Review-Journal. Read more...
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Call Center Manager Pleads Guilty to $2.5M Mortgage Scam

Call Center Manager Pleads Guilty to $2.5M Mortgage Scam

Friday, 29 January 2021
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A call center manager in Everett, Washington used many thousands of bogus mail ads to bilk about 1,000 homeowners out of $2.5 million, according to federal charges. So reports the Everett Herald. Read more...
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Better Mortgage Nabs CTO Ahead of Prospective Public Offering

Better Mortgage Nabs CTO Ahead of Prospective Public Offering

Friday, 22 January 2021
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Better Mortgage, aka Better.com, has rounded out its C-suite as the company is speculated to be preparing for an initial public offering. So reports TechCrunch. Read more...
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1st Alliance Lending Faces CFPB Lawsuit Over Mortgage Practices

1st Alliance Lending Faces CFPB Lawsuit Over Mortgage Practices

Friday, 22 January 2021
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The Consumer Financial Protection Bureau has announced a lawsuit against Hartford, Conn.-based 1st Alliance Lending and three individuals for allegedly unlawful mortgage-lending practices. Read more...
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Trump Commutes Sentence for Ex-Mortgage Honcho

Trump Commutes Sentence for Ex-Mortgage Honcho

Friday, 22 January 2021
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Former mortgage executive Michael Astley is among the 144 people pardoned or granted sentence commutations by former President Donald Trump before he left the White House. So reports Newsday. Read more...
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