Originating

Originating (1392)

Owning the Customer is an Originator's Chief Responsibility

During my recent MBA webinar, “Owning the Customer: Keys to Originator Success,” I asked attendees whether their originators were reaching out to former customers. Read more...

Quicken Loans Files for IPO as Rocket Companies

Quicken Loans has filed for an initial public offering under the name Rocket Companies. So reports the Detroit Free Press. Read more...

Mortgage Retention Startup Senso Raises $3M to Expand in U.S.

Senso, a Toronto-based startup that uses artificial intelligence to help lenders retain mortgage and other financial clients, has raised $3 million and is looking to grow in the U.S. market. So reports Crunchbase News. Read more...

Prosecutors Appeal 'Double Jeopardy' Ruling in Manafort Case

New York prosecutors have appealed a decision that dismissed state mortgage fraud charges against former Trump campaign chairman Paul Manafort on “double jeopardy grounds,” arguing that their case is different from the one that put him in federal prison. So reports the Associated Press. Read more...

Bodnar of MMG: It's Still All About the Growing Number of Cases

Bill Bodnar of The Mortgage Market Guide discusses the coronavirus developments, the recent jobs report, the holiday weekend and what's ahead for the coming week. Read more...

Why Quality Mortgage Processors Are Essential to Sales Success

I often write about what it takes for originators and managers to succeed in an ultra-competitive mortgage environment. Today, I want to discuss another person on the sales team who is indispensable: the mortgage processor. While mortgage processors are thought of as working behind-the-scenes, they are primary drivers of an excellent customer experience. Read more...

Ask The Expert: Improving Poor Performance (pt. 2)

In a previous column, Ben from the South wrote to me asking about how to improve his poor performance. This is part two of my response. As a reminder, Ben told me “I have been struggling in the industry for several years. I just can’t seem to get to the point where I can make… Read more...

Bodnar of MMG: 3 Things I Am Watching This Week

Bill Bodnar of The Mortgage Market Guide says there are three things he will be looking at this week. They include the coronavirus increase in several states, the policy response to the outbreak and the technicals. Read more...

Fintech Giant Wirecard Collapses, Ex-CEO Arrested After $2B Goes Missing

Payments processing giant Wirecard has filed for insolvency amid a massive accounting scandal that led to the resignation and subsequent arrest of its CEO over a missing $2 billion. So reports CNN. Read more...

Mortgage Fraudster Gets Another 25 Months for Auto Scam

A used car dealer has been sentenced to 25 months in prison for running an auto loan scam while he was on supervised release for a prior mortgage fraud conviction. So reports Patch.com. Read more...

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