Ellie Reports Earnings Rose to $116M in Q4
Ellie Mae reported revenues for the fourth quarter of 2018 of $116.0 million, compared to $112.9 million for the fourth...
Operator of Mortgage Fraud Sent to Prison for Over 7 Years
Prakashumar “Kash” Bhakta was sentenced for operating a mortgage fraud scheme throughout Southern California and the Inland Empire that preyed on homeowners facing foreclosure, Xavier Becerra, attorney general for California announced.
Xavier BecerraBhakta was sentenced to seven years and eight months in state prison. Restitution will be ordered in the…
Fixed-Rate Mortgages Achieve 12-Month Low
Fixed-Rate Mortgages Achieve 12-Month Low
Fixed-rate mortgages have fallen to their lowest levels since early 2018, according to the Primary Mortgage Market Survey from Freddie...
Mortgage Applications Declined Last Week
Mortgage applications decreased 3.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications...
7 Ways to Optimize Referral Sources for Loan Officers
By Ben Smidt Being a loan officer is about being savvy and open to new ways of increasing your referral...
Ellie Mae to be Acquired By Thoma Bravo for $3.7B
Ellie Mae has entered into a definitive agreement to be acquired by Thoma Bravo LLC, a private equity investment firm,...
New Indices Target Consumers, Originators with Price Transparency
Optimal Blue has created Optimal Blue Mortgage Market Indices to provide consumers and mortgage professionals with greater visibility into key...
Three Habits of Successful Lead Generators
By Pat Sherlock As everyone in the mortgage banking industry knows, loan origination is a hard job. The emotional roller...
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