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James B. Nutter & Co. Faces DOJ Fraud Lawsuit

James B. Nutter & Co. Faces DOJ Fraud Lawsuit

Friday, 13 November 2020
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The Department of Justice has hit James B. Nutter & Co. with a civil lawsuit claiming improprieties in the Kansas City home lender’s reverse mortgage business. So reports the Kansas City Star. Read more...
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Better.com Eyes IPO Worth More Than $4B

Better.com Eyes IPO Worth More Than $4B

Friday, 13 November 2020
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Better.com is working with Morgan Stanley and Bank of America on plans for an initial public offering that could happen as early as January, according to sources familiar with the situation. So reports Bloomberg. Read more...
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Rocket CEO Credits Tech Spend for Record Q3 Volume

Rocket CEO Credits Tech Spend for Record Q3 Volume

Friday, 13 November 2020
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Rocket Companies CEO Jay Farner has said that the mortgage lender’s record third-quarter loan volume is thanks to investments it made in technology. So reports CNBC. Read more...
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Lender Price Adds Quontic Bank to Digital Mortgage Marketplace

Lender Price Adds Quontic Bank to Digital Mortgage Marketplace

Friday, 06 November 2020
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Lender Price, which offers mortgage loan pricing and origination technology, has introduced multi-channel digital lender Quontic Bank to its Lender Price Marketplace. Read more...
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'Mortgage Recovery' Tax Fraudster Gets 6.5 Years in Prison

'Mortgage Recovery' Tax Fraudster Gets 6.5 Years in Prison

Friday, 06 November 2020
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The leader of a $2.5 million “mortgage recovery” tax scheme must serve six and a half years in federal prison, a judge has ordered. So reports the Atlantic City, N.J., Daily Voice. Read more...
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Roofing Exec May Lose Boat Over Alleged COVID-19 Scam

Roofing Exec May Lose Boat Over Alleged COVID-19 Scam

Friday, 06 November 2020
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Federal authorities have added mortgage fraud to the list of charges against Florida roofing executive Casey David Crowther, already indicted for allegedly misusing coronavirus relief funds. So reports Business Observer. Read more...
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The Real Reason Why Originators Lose Customers

The Real Reason Why Originators Lose Customers

Wednesday, 11 November 2020
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With borrowers still coming to originators in droves because of low interest rates, losing referral sources or former customers doesn’t seem like a big deal. There is always someone else to replace them in a hot market. Read more...
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When to Mentor, When to Coach

When to Mentor, When to Coach

Thursday, 12 November 2020
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What is the difference between mentoring and coaching? Is there a difference between the two? The answer is yes. Read more...
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Ex-Zillow Execs Raise $40M for Mortgage Startup Tomo

Ex-Zillow Execs Raise $40M for Mortgage Startup Tomo

Friday, 30 October 2020
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Former Zillow Group executives Greg Schwartz and Carey Armstrong have secured $40 million in seed funding for their newly revealed digital mortgage company, Tomo Networks. So reports GeekWire. Read more...
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Mortgage Rescue Scam Leads to 20 Years in Prison

Mortgage Rescue Scam Leads to 20 Years in Prison

Friday, 30 October 2020
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A fraudulent mortgage relief scheme in Hawaii has landed a Louisiana man a 20-year prison sentence. So reports Maui Now. Read more...
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