“We believe that consumer expectations are driving the mortgage lending experience to one that is as simple and seamless as they’re having in other parts of their life, like e-commerce, ride-sharing and more,” said Steve Smith, chief executive officer and co-founder of Finicity. “We’re excited to partner with an organization like Ellie Mae, that shares this vision and is pushing innovation in the mortgage space.”Nearly all teens (97%) surveyed thought it would be helpful if schools offered lessons that explained homeownership.
The importance of homeownership comes from financial knowledge; it’s what turns renters into homeowners and, potentially, homeowners into real estate investors. Most people in the industry would assume that Gen Z and the younger generations don’t understand the value of hom...
Decade-long scheme was used to finance a lavish lifestyle.
A Rhode Island mortgage broker has pleaded guilty for his decade-long Ponzi scheme that cost investors $6 million. He will be sentenced in December and faces a maximum penalty of 20 years in prison for committing wire fraud, and five years in prison for committing tax evasi...
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