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Most Popular July
Mortgage Industry News


Ameriquest Overcharge Accusations Settled
Leading subprime lender Ameriquest Mortgage Co. has agreed to pay up to $50 million to settle a class action suit that accused the California-based company of, among other things, charging excessive fees.
read mortgage industry news article

get mortgage leads from www.ChoosALead.com

NovaStar Restructures Wholesale Unit
A shakeup at NovaStar Financial's wholesale lending unit has led to the exit of several managers.
read mortgage industry news article

www.MortgageRates4Less.com

Georgia Broker Loses License
Hiring a convicted felon has cost a Georgia mortgage broker its license.
read mortgage industry news article

Meltdown for Jumbo Fraud Suspect
A New Jersey woman arrested for her part in a jumbo mortgage fraud scheme threatened FBI agents with a butter knife as they arrested her, then rambled during a federal court appearance.
read mortgage industry news article

Fraud Insights at FraudBlogger.com
Papers in Florida are reporting that the accountant who said everything was fine at the bankrupt mortgage company had once lost his license because of bad audits.
read mortgage fraud insights@FraudBlogger.com

Unlicensed CA Broker Steals Loan Proceeds
A California mortgage broker is accused of originating loans for World Savings Bank without a license -- then keeping borrowers' loan proceeds for himself.
read mortgage industry news article

Processor Stole, Used Applicants' IDs
Because of what they do, mortgage loan processors have access to a lot of personal information -- names, birthdates, Social Security numbers and more.
read mortgage industry news article

BoA, Countrywide Making Major Acquisitions
A pair of acquisitions announced today have two mortgage giants heading in different directions.
read mortgage industry news article

Biggest Mortgage Lenders
A preliminary MortgageDaily.com analysis of second quarter mortgage production has one lender ranking No. 1 in both total residential fundings and nonprime fundings.
read mortgage industry news article

Originating A-Z
A loan originator turned author has written an Internet book he says will teach mortgage professionals everything they need to know about writing loans and succeeding in the mortgage business as a loan officer.
read mortgage industry news article

Sales Insights at CloserBlog.com
A lot has been said about the correlation of sales and emotions; and the significance it plays when meeting with customers.
read free sales stories at CloserBlog.com

Future of Mortgage Banking Firm at Stake in Divorce Battle
Bryan Feldman walked into a Las Vegas branch office of American Equity Mortgage Inc. on June 30, ready for a tough, but exciting day at work.
read mortgage industry news article

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