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)

First American Unveils Mortgage Fraud Scoring Tool

Friday, 12 February 2021

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Written by Chris Frankie

First American’s data and analytics division has rolled out a mortgage tool it calls AppIntelligence Score, or AI Score. Read more...

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lending

Manafort Dodges Mortgage Fraud Case After Trump Pardon

Friday, 12 February 2021

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Written by Chris Frankie

The New York State Court of Appeals has declined to review a lower court’s dismissal of state mortgage fraud charges against Donald Trump’s former campaign chairman Paul Manafort after the ex-president pardoned Manafort in a… Read more...

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Assisted Living Boss Pleads Guilty in $3.6M Mortgage Scam

Friday, 12 February 2021

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Written by Chris Frankie

A Texas assisted living facility’s owner has pleaded guilty to defrauding the U.S. Department of Housing and Urban Development and will pay restitution, according to the Department of Justice. So reports McKnight’s Senior Living. Read more...

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3 Simple Ways for Originators to Drive Business Growth

Wednesday, 17 February 2021

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Written by Chris Frankie

The housing market was on fire last year due to the historically low mortgage rates in our country. According to a recent Forbes report, experts anticipate that buyer demand will be high in 2021 too. Read more...

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lending

Ask The Expert: When Promised Referrals Don't Materialize

Thursday, 11 February 2021

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Written by Chris Frankie

Rachel from Missouri asks: "I have had several meetings with real estate agents, and they all promised me business, but they never refer anyone. I am following up with them diligently by email and by… Read more...

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lending

Are You Rolling the Dice for Better Sales Results?

Wednesday, 10 February 2021

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Written by Chris Frankie

The most common selling mantras are based on the concept of “doing more.” Managers have forever emphasized that if originators simply work harder, knock on more doors or make more calls, sales success is guaranteed.… Read more...

MBANJ Proposes Permanent Work-from-Home Capability for Originators

Friday, 05 February 2021

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Written by Chris Frankie

The Mortgage Bankers Association of New Jersey has announced its proposal to state regulators that would provide for mortgage loan originators to work from home on a permanent basis. Read more...

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Mortgage Scam Victim Sentenced for Money Laundering

Friday, 05 February 2021

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Written by Chris Frankie

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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lending

Illinois Mortgage Pros Indicted in $3M Mortgage Scheme

Friday, 05 February 2021

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Written by Chris Frankie

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

Friday, 05 February 2021

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Written by Chris Frankie

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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