Capital Direct teams with PriceMyLoan

Oct 03, 2007

Mortgagebot launches lead-generation Web siteMortgagePress.comMortgage lead generation Web site Mortgagebot LLC has introduced Mortgage Marvel, an online, direct-to-consumer lead-generation service for community-based mortgage lenders. "In less than 30 minutes, a borrower can get accurate rates and fees, view a selection of loan products, select a lender, complete a loan application and get immediate online approval," said Mortgagebot LLC President and CEO Scott Happ. Mequon, Wis.-based Mortgagebot LLC is a provider of Internet-based loan origination solutions for the mortgage lending industry. For more information, call (877) 861-3354 or visit www.mortgagebot.com.

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Oct 03, 2007

People On The Move

Monster Lead Group Hires Mortgage Tech Veteran Richard Grieser As CMO

Company to launch AI-powered ‘lead-to-sale’ guidance tool for LOs

Monster Lead Group (MLG), a Maryland-based, data-driven, direct mail marketing and lead generation company specializing in the mortgage industry, has brought on Richard Grieser as chief marketing officer. He notes he has decades of experience in tech marketing and sales,...

Operations

Fraud Alert: Some Non-QM Lenders Excluding Loans Involving Certain Appraisers, Borrowers

Fannie Mae warns of multi-state, broker-led mortgage fraud linked with investment properties, a settlement company, multiple LLCs

Fannie Mae has issued a fraud alert warning the mortgage industry about a growing pattern of fraudulent activity tied to two- to four-unit investment properties in New Jersey and surrounding states. At the heart of the scheme, according to the GSE, is a mortgage broker w...