Campus MBA, the educational arm of the Mortgage Bankers Association, is teaming up with Option One Mortgage Corp., a subprime wholesaler in Irvine, Calif., to launch a new mortgage broker and originator initiative called Creating New Customers.Its goal is to teach brokers and other originators how to lead customer workshops in an effort to improve financial literacy and enhance relationships. "Creating New Customers has a dual purpose leading toward one unified goal," said Dan Thoms, the MBA's vice president of education and business development. "By educating consumers on the homebuying process and enhancing the originator's knowledge of consumer concerns, the program will help more Americans across the country realize the dream of homeownership." The MBA can be found online at http://www.mortgagebankers.org, and Option One can be found at http://www.optiononemortgage.com.
-
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









