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3 Keys to Better LO Retention and Satisfaction

3 Keys to Better LO Retention and Satisfaction

Sunday, 25 June 2023
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More mortgage industry professionals are living paycheck to paycheck, according to a May 2023 study conducted by payroll tech firm Everee. The 2023 Mortgage Industry Commission & Retention Report identified key insights about managers, LOs, processors, underwriters and other commission-based mortgage banking employees. Read more...
Figure Technologies Unveils Wholesale Lending Platform

Figure Technologies Unveils Wholesale Lending Platform

Sunday, 25 June 2023
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Figure Technologies has introduced a wholesale lending platform that allows mortgage brokers to access the company’s technology for home-equity lines of credit. So reports Home Equity Lending News. Read more...
Should Mortgage Offices Be Full Again? There’s No Single Answer

Should Mortgage Offices Be Full Again? There’s No Single Answer

Sunday, 25 June 2023
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Whether mortgage professionals ought to return to work in person depends on the specifics of their roles and their businesses, according to workplace experts. So reports The Mortgage Note. Read more...
LO Got NFL Tickets, Car in $12.4M Fraud Scheme: Feds

LO Got NFL Tickets, Car in $12.4M Fraud Scheme: Feds

Sunday, 25 June 2023
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A mortgage loan officer received Kansas City Chiefs playoff tickets and a Chevrolet Tahoe in return for enabling a Missouri businessman’s $12.4 million COVID-19 fraud scheme, according to federal prosecutors. So reports the Omaha World-Herald. Read more...
Housing Affordability Crisis Hits These Buyers Hardest

Housing Affordability Crisis Hits These Buyers Hardest

Monday, 19 June 2023
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To be sure, the housing affordability crunch has hit potential homebuyers nationwide. However, a new joint report from the National Association of Realtors (NAR) and Realtor.com reveals that one particular group has been impacted more than any other: middle-income buyers. Read more...
Ask The Expert: Do I Have to Turn to Planners When Seeking Alternative Biz Sources?

Ask The Expert: Do I Have to Turn to Planners When Seeking Alternative Biz Sources?

Monday, 19 June 2023
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Doug from Boston wrote in: "Dave, I read your advice about alternative business sources, and I really appreciate your thoughts on this topic. I have been focused in this area as well. However, I don’t agree with your example of working with financial planners. I don’t believe in financial planners because they are just usually… Read more...
How Diversity and Inclusion Can Lead to Mortgage Biz Success

How Diversity and Inclusion Can Lead to Mortgage Biz Success

Monday, 19 June 2023
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Leaders from Bank of America, Fannie Mae, Brace, and Arrive Home have detailed how diversity & inclusion (D&I) or diversity, equity, and inclusion (DEI) can help drive success in the mortgage industry. So reports TheMReport. Read more...
Woman Ordered to Pay $1M Over Loan Fraud Scheme

Woman Ordered to Pay $1M Over Loan Fraud Scheme

Monday, 19 June 2023
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A Tennessee federal court judge has sentenced a woman to more than 10 years in prison and a nearly $1 million repayment after pleading guilty to bank fraud and conspiracy to commit money laundering. So reports local ABC affiliate WATE. Read more...
Better.com Exits Real Estate Business

Better.com Exits Real Estate Business

Monday, 19 June 2023
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Better.com, the digital mortgage lender, has laid off its real estate team and shuttered the related business. So reports TechCrunch. Read more...
5 Keys to Finding More Business Now

5 Keys to Finding More Business Now

Wednesday, 14 June 2023
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As we approach the mid-point of 2023, if you’re still in the mortgage lending business, you’re one of the industry’s professionals. The folks who were just passing through to cash-in on the easy refinance business have moved on. Read more...

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