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All 5 Suspects Guilty in $38M Mortgage Fraud Conspiracy

All 5 Suspects Guilty in $38M Mortgage Fraud Conspiracy

Tuesday, 10 March 2020
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Each of the five suspects in a mid-Atlantic mortgage fraud conspiracy that spanned four years and bilked lenders out of $38 million have either been convicted or pleaded guilty. So reports The Journal News. Read more...
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Does a 'Dumb Money' Strategy Make Sense in Selling?

Does a 'Dumb Money' Strategy Make Sense in Selling?

Wednesday, 04 March 2020
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In financial investing, there is a debate that has gone on for years: Can a non-expert or someone who randomly throws darts at a list of financial stocks make better stock picks than a professional money manager? Read more...
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Ask the Expert: I Am Losing Deals. Should I Move to a Company that is More Competitive?

Ask the Expert: I Am Losing Deals. Should I Move to a Company that is More Competitive?

Friday, 06 March 2020
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Robyn from Oklahoma asks: Rates are down and I am getting a lot of calls from previous clients that want to refinance. Unfortunately, the market seems to be very competitive and I am losing deals to other loan officers. Should I move to a company that is more competitive? Read more...
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Bill Bodnar of MMG: Where’s the Bottom?

Bill Bodnar of MMG: Where’s the Bottom?

Sunday, 01 March 2020
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Bill Bodnar of The Mortgage Market Guide discusses the massive selloff last week, the share decline in rates and developments with the COVID-19. Read more...
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Homie, a Fintech Startup, Raises $23M for Home Buying Platform

Homie, a Fintech Startup, Raises $23M for Home Buying Platform

Thursday, 05 March 2020
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Home, a real estate technology company, has announced it has raised $23 million in a Series B round of funding. Read more...
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Mortgage Fraudster, Invoking Roger Stone, Gets Light Sentence

Mortgage Fraudster, Invoking Roger Stone, Gets Light Sentence

Tuesday, 03 March 2020
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A California man who pleaded guilty in a massive mortgage fraud got a surprisingly light sentence after his defense lawyer cited the controversial sentencing of Trump associate Roger Stone to argue against prison time. So reports The Sacramento Bee. Read more...
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Wells Fargo $3B Settlement Leaves Out Mortgage Biz

Wells Fargo $3B Settlement Leaves Out Mortgage Biz

Sunday, 01 March 2020
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Wells Fargo recently agreed to pay $3 billion to settle federal charges involving the opening of bogus customer accounts. However, the company and its former executives might not be off the hook yet. So reports Reuters. Read more...
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Bill Bodnar of MMG: A Big Pricing Disconnect Once Again

Bill Bodnar of MMG: A Big Pricing Disconnect Once Again

Sunday, 23 February 2020
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Bill Bodnar of The Mortgage Market Guide discusses the technicals, how mortgage backed securities are seeing pricing get up to near term peaks, the coronavirus and how we could potentially see another leg lower in interest rates. Read more...
Baby Steps: The Best Way to Make Selling Changes

Baby Steps: The Best Way to Make Selling Changes

Wednesday, 26 February 2020
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Change is a topic that is discussed every day in the business world. Whether it is a better way to manage stress or learning social selling techniques, adopting new habits is essential if an originator wants to succeed in mortgage banking. Read more...
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The Training Loan Officers Need

The Training Loan Officers Need

Friday, 28 February 2020
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Much time is spent within the area of assessing loan officer hires. Assessments include the interview, trait testing, self-assessments and competency tests. When we find that a loan officer is deficient in their knowledge and/or skills within certain areas, how do we provide the training they need? Read more...
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