US Mortgage Corporation committed to reverse channel, new HECM head says

New York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage industry, having hired industry veteran Ken Krajewski to serve as managing director and head of reverse mortgage lending.To go deeper into the company’s renewed ef
Read MoreLabor Department announces new rule to shield retirement savings

The U.S. Department of Labor (DOL) on Tuesday announced a new rule that governs retirement advice, requiring more financial advisers to follow stricter fiduciary standards when dispensing advice about retirement-focused investments.The rule is designed to “protect the millions of workers who are sav
Read MoreloanDepot CEO talks ‘longer and tougher’ mortgage cycle, NAR settlement and cyberattacks

loanDepot CEO Frank Martell expects the current mortgage market cycle to be “longer and tougher than anybody expected.” Adding to this challenge, lenders must deal with an increased risk of cyberattacks, something that loanDepot itself experienced earlier this year. “At least around loanDepot, peopl
Read MoreDownload these 9 real estate prospecting letter templates that actually work

Do you remember the last time you received a letter in the mail, in an envelope, that was hand-addressed to you? People remember snail mail simply because we don’t receive much of it. Emails are easily forgotten, end up in the spam folder, or are never opened at all — but a letter in the mail ensure
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