Originating - The Mortgage Leader

Man Sentenced for Posing as Lawyer to Help With Mortgage Debt
A 61-year-old Newport Beach, Calif., man has received a four-year prison sentence for pretending to be an attorney and stealing from clients he promised to help with their mortgage payments, court documents show. So reports Patch.com.

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Originating (834)

Mortgage Startup Doma to Go Public in $3B Deal

Friday, 05 March 2021

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Written by Chris Frankie

Proptech company Doma, formerly known as States Title, has revealed plans to hit Wall Street in a deal worth $3 billion. So reports TechCrunch. Read more...

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RMS Settles with NY Regulator for $1.5M Over Data Breach

Friday, 05 March 2021

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Written by Chris Frankie

Residential Mortgage Services will pay $1.5 million in a cybersecurity settlement with New York’s Department of Financial Services, the agency has announced. Read more...

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The Two Biggest Issues for Mortgage Bankers in 2021

Wednesday, 10 March 2021

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Written by Chris Frankie

The recent deep freeze and power grid failure in Texas has raised questions about why state government did nothing to plan for the inevitable, even after receiving years of warnings and experiencing a similar cold… Read more...

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lending

Why Sales Presentation Skills Matter

Wednesday, 03 March 2021

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Written by Chris Frankie

One positive impact of the pandemic is that originators have been forced to connect with customers via video conferencing. Before Covid-19 restrictions, some originators incorporated video into their sales process but many producers had not. Read more...

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Title Insurance Fintech Flueid Bags Capital for Growth

Friday, 26 February 2021

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Written by Chris Frankie

Flueid, a mortgage technology company with a platform touted for its title insurance features, has more money in the bank to help with its expansion efforts. Read more...

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EarnUp Nabs $25M to Help Lenders Spot At-Risk Mortgages

Friday, 26 February 2021

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Written by Chris Frankie

EarnUp, a “consumer-first payments platform,” has announced a $25 million funding round that it plans to use for a platform that helps homeowners and mortgage providers get a handle on at-risk loans. So reports The… Read more...

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Former Mass. Rep Pleads Guilty in Mortgage and Other Scams

Friday, 26 February 2021

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Written by Chris Frankie

A former Massachusetts state representative has pleaded guilty to a batch of bank and wire fraud charges. So reports State House News Service. Read more...

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lending

Ex-Mortgage Pro Awaiting Fraud Sentence Was Avid Art Collector

Friday, 19 February 2021

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Written by Chris Frankie

Former mortgage broker Chris Schaller, who pleaded guilty to wire fraud in 2020 and has yet to be sentenced, owned more than 100 paintings by folk artist George Colin. So reports the Illinois Times. Read more...

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Mortgage Fraudster Gets Year in Prison for Securities Scam

Friday, 19 February 2021

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Written by Chris Frankie

A convicted fraudster has received one-year federal prison sentence after pleading guilty to a separate charge of securities fraud, the U.S. Department of Justice has announced. Read more...

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Mortgage Startup UpEquity Lands a Fresh $25M

Friday, 19 February 2021

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Written by Chris Frankie

UpEquity, a mortgage software startup that helps first-time homebuyers make all-cash offers, has secured $25 million in a Series A funding round. So reports Austin Business Journal. Read more...

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