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Guaranteed Rate Owes $15M in Whistleblower Settlement

Guaranteed Rate, a mortgage company based in Chicago, has reached a $15 million settlement with the government in a federal whistleblower lawsuit. So reports The Chicago Tribune. Read more...

Fintech Hunting Podcast: COVID-19, Originator Rate Sheets and Liquidity

This podcast from Fintech Hunting features Kevin Peranio, Chief Lending Officer at PRMG. Read more...

Restarting vs. Resetting Your Business Sales Model

Amid the COVID-19 global pandemic, where every day is unpredictable—coupled with extreme financial market fluctuations—it feels like being on a roller coaster without any guardrails. The best way to describe today’s financial marketplace is simply as an economic upheaval. Read more...

Home Equity Fintech Noah Raises $150M in Funding

Noah, the home equity finance startup that until recently was known as Patch Homes, has raised $150 million in funding. So reports Crunchbase. Read more...

NFL Retiree Convicted of Mortgage Fraud Seeks Early Release

Robert "Bubba" Pena, a 70-year-old former NFL lineman serving a federal prison sentence for stealing $2.5 million in payments on home loans sold as government-backed securities, has asked for early release due to the coronavirus. So reports Law360. Read more...

Mortgage Broker on Bail in Fraud Case Adds DWI Charge

A mortgage broker who was one of four indicted last year in an alleged mortgage fraud scheme totaling hundreds of millions of dollars has added some lesser counts to his rap sheet. So reports the Buffalo News. Read more...

One on One Coaching: What's Your Strategy?

Coaching should be performed on a consistent basis--not just when there's a problem. The challenge is that coaching is a time consuming task and producing managers have a full schedule. Read more...

Bodnar of MMG: There's Hope

Bill Bodnar of The Mortgage Market Guide says the optimism about reopening the economy has brought about hope, which is so important. Read more...

Fintechs Brace and Ocrolus Partner on Mortgage Platform

Fintech firms Brace and Ocrolus have announced they are teaming up on Brace’s mortgage platform for mortgage lenders and servicers. Read more...

PGA’s Rocket Mortgage Classic May Tee Off in July Without Fans

The tee time for the PGA’s Rocket Mortgage Classic will probably be moved to July, without an audience. So reports MLive. Read more...

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