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Risk of mortgage fraud is on the rise in the current market

Housing Wire

Rising rates slowed the rate-term refinance train in the fourth quarter of last year, according to the CoreLogic report, moving the market toward purchase loans — and increased mortgage-fraud risks. The data for the GSEs and finance companies for 2014 represents only a partial-year reporting, so it was not used for comparison.).

Mortgage 382
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Interfirst, the phoenix of mortgage, lays off hundreds

Housing Wire

The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017. They were trying to capitalize on the refinance boom,” said Cullen Gandy, a classically trained opera singer who had been hired as an LO at Interfirst and left in July. “I

Mortgage 348
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The fight to standardize educational training for LOs

Housing Wire

The raison d’etre is the same whether you work as a mortgage loan officer at a depository bank or an independent mortgage bank – originate a purchase mortgage or refinancing for a client. Federal regulations mandate that nonbank LOs take training prior to being certified. Learning materials up to par? HMDA, Fair Lending etc.,”

Training 347
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Amy Wallick Sworn in by Massachusetts Association of REALTORS® as 2024 President

Lamacchia Realty

At the local level, she assumed the role of President for the North Shore Realtors in 2013 and received the Realtor of the Year award in both 2014 and 2018. She has held positions on the Executive Committee and the Board of Directors and has served as the Government Affairs Committee Chair for the Massachusetts Association of REALTOR®.

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Amy Wallick Sworn in as Massachusetts Association of REALTORS® 2023 President-Elect

Lamacchia Realty

I see how hard she works day in and day out for her clients, as a mom and on behalf of Realtors through our Realtor Associations every day. I am so proud of Amy. I have served on various committees with her for years and she undoubtedly has what it takes to lead our Realtor Association!

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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

Alipour gushed about Redfin’s training program, and she accessed maternity leave benefits other agents lack. An independent contractor agent mostly finds their own leads and can receive minimal training or resources from their brokerage. They provided me training, and marketing, and covered mileage.”. Trust the process.

Business 365
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Lamacchia Realty Announces Top Producing REALTORS® for January 2024

Lamacchia Realty

To round out the year, Eileen took home the award for Most Acquired Clients companywide. Now servicing buyers and sellers in Worcester County, Colin’s clients describe him as helpful, energetic, and goal-oriented. He strives to be consistently learning and becoming a better professional for his clients. Check it out here !