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Bill Bodnar of MMG: Watch for Fed Comments on 2% Inflation Target

Bill Bodnar of the Mortgage Market Guide discusses last week's volatility, homebuying demand, the economy, and what the Fed may say at this week's meeting. Read more...

Developer Pleads Guilty to Condo Conversion Fraud

Marek Harrison, a real estate developer based in Plant City, Florida, has acknowledged running a mortgage fraud scheme involving the condominium conversion of a former hotel near Walt Disney World. So reports the Tampa Bay-Lakeland Business Observer. Read more...

Live Well CEO Gets a Breather on SEC Charges

The head of a Virginia reverse mortgage lender that abruptly shut down earlier this year can hit pause on at least one of the legal cases against him. So reports Richmond BizSense. Read more...

Redfin Direct Expands to Massive California Market

Redfin has launched its Redfin Direct service, which allows potential homebuyers to bid online without a real estate agent. So reports The San Diego Union-Tribune. Read more...

Ask The Expert: What Determines Success?

Q: Dave, I am thinking about becoming a loan officer. A friend of mine said that he will be training me, and I have already taken the 20-hour course. What is going to determine my success? --Peter from Seattle Read more...

Five Questions to Ask Yourself Before the New Year

For many in mortgage banking, 2019 was great; for others, not so much. In the new year, which will be here soon enough, sales organizations will need to address the challenges inherent in a marketplace characterized by the resurgence of purchase money and the reduction of refinance volume. Read more...

Bill Bodnar of MMG: A Lot to Be Thankful For in This Economy

Bill Bodnar of the Mortgage Market Guide discusses all the positive markers that point to more good times ahead. Specifically, he points to durable items, a pickup in housing, the tight labor market, rising starts, good existing home sales and the Goldilocks scenario. Read more...

Florida Mortgage Broker Pleads Guilty to $5M Condo Scam

A mortgage broker and a housing developer have each pleaded guilty to conspiring to deceive banks that ended up losing $5 million as a result of a condo-conversion scheme. So reports the Tampa Bay Times. Read more...

Zillow CEO Imagines a 'Trade-In Experience' for Your Home

Zillow’s move into iBuying is a first step into a bigger makeover for the process of purchasing a home, CEO Richard Barton has said. So reports CNBC. Read more...

California Mortgage Fraudster Gets Prison in $10M Scheme

A federal judge has handed down a three-year prison sentence to a California man accused of mortgage fraud. So reports the Times-Herald. Read more...

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