Blockchain mortgage lender Figure Technologies has announced a 300% surge in loan applications since the Federal Reserve’s recent emergency rate cut, bringing its total in funded loans to more than $1 billion. So reports TheBlockCrypto.

In recent conversations with mortgage sales managers, many lamented that senior managers at their companies don’t want to hear the truth about potential issues. According to the sales managers I spoke with, senior executives only want to hear how wonderful everything is and that nothing needs to be improved.

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.

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?