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Event Recaps
Breaking news
Nearly 2,200 Attend The New England Mortgage Expo!
The New England Mortgage Expo, presented by American Business Media and the Connecticut Mortgage Bankers Association, was once again the place to be with over 2,000 attendees at the annual event. Quicken Loans was the presenting sponsor.
January 23, 2020
by
Keith Griffin
Event Recaps
Event Recaps
Nearly 2,200 Attend The New England Mortgage Expo!
The New England Mortgage Expo, presented by American Business Media and the Connecticut Mortgage Bankers Association, was once again the place to be with over 2,000 attendees at the annual event. Quicken Loans was the presenting sponsor.
January 23, 2020
by
Keith Griffin
> Industry Updates
The Latest News
News
New FICO Credit Scoring Model Could Send Prospective Borrowers Scores Down
FICO is introducing a new credit score model that will reportedly have a negative effect on consumers who have high account balances and missed payments over the last two years, according to Forbes.
News
Mortgage Rates Are At Their Lowest Level In Three Months
Freddie Mac's Primary Mortgage Market Survey revealed that mortgage rates have hit a three month low.
Best Practices
Here's Why The REIT From Broadmark Realty Capital Shakes Things Up
While the majority of companies have real estate investment trusts that use short-term debt to fund long-term investments, Broadmark Realty Capital is taking a different route, according to a recent report from The Motley Fool.
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New England Mortgage Expo
Uncasville, CT
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> Industry Updates
News
New FICO Credit Scoring Model Could Send Prospective Borrowers Scores Down
FICO is introducing a new credit score model that will reportedly have a negative effect on consumers who have high account balances and missed payments over the last two years, according to Forbes.
January 24, 2020
News
Mortgage Rates Are At Their Lowest Level In Three Months
Freddie Mac's Primary Mortgage Market Survey revealed that mortgage rates have hit a three month low. The 30-year fixed-rate mortgage is at an average of 3.60 percent, down 0.8 percent from just a week ago.
January 24, 2020
Best Practices
Here's Why The REIT From Broadmark Realty Capital Shakes Things Up
While the majority of companies have real estate investment trusts that use short-term debt to fund long-term investments, Broadmark Realty Capital is taking a different route, according to a recent report from The Motley Fool.
January 23, 2020
News
Mortgage Rates Could Drop Even Lower in 2020
A new mortgage rate outlook from Fannie Mae predicts even more declines in mortgage rates for 2020.
January 21, 2020
News
Homes Are Still Out Of Reach For African American Communities In North Lawndale
Residents in North Lawndale, Chicago are still fighting to stay in the community years after Martin Luther King worked to address unfair housing practices.
January 21, 2020
News
Buyers Are Out In January 2019
With mortgage rates remaining at their lowest levels for January in seven years, more prospective homebuyers are coming out in high numbers.
January 20, 2020
News
Blend Launches New LO App
Blend's latest loan officer application has been created to help LOs gain flexibility and functionality by providing their consumers with options.
January 20, 2020
News
Redfin Mortgage Expands To New Jersey And South Carolina
Redfin Mortgage is growing its business with the latest expansion into New Jersey and South Carolina.
January 23, 2020
News
Residential Mortgage Services Breaks Company Record With $5 Billion Loan Originations
Residential Mortgage Services has recorded a record $5 billion in mortgage loan originations for 2019, after originating $3.9 billion in 2018.
January 22, 2020
News
Mortgage Applications Finally Slow After An Active Start To 2020
Mortgage applications soared at the beginning of January 2020 and now they look to be tapering off according to a recent report from CNBC.
January 22, 2020
Jan 15, 2020
Mortgage Applications Jump 30.2%
The Mortgage Bankers Association revealed that there has been a 30.2 percent jump in mortgage applications in its Weekly Mortgage Applications Survey.
Jan 15, 2020
Reverse Mortgage Popularity Continues To Grow In Canada
Canada's largest reverse mortgage lender HomeEquity Bank, has see its business grow approximately 540%.
Jan 14, 2020
A Message From The OCN Chairman
Wow! Here we are in mid-January 2020 with great news to share.
Jan 14, 2020
October 2019 Mortgage Delinquency Rate Hit Lowest Point In 20 Years
The overall U.S. Mortgage Delinquency Rate hit its lowest point in 20 years according to CoreLogic's recent Loan Performance Insights analysis.
Jan 14, 2020
NJ Investor Accused Of Mortgage Fraud
An investor from Belleville, NJ is in trouble after prosecutors say he induced lenders to issue more than $1 million in loans that ultimately resulted in defaults, according to a local Patch report.
Jan 13, 2020
FTC Issues Statement Warning Consumers Against Mortgage Relief Scams
The Federal Trade Commission is warning consumers of scams that are targeting folks who are facing trouble with their mortgages.
Jan 15, 2020
Lack Of Inventory Prevents Bigger 2019 For Colorado Springs Housing Market
While Colorado Springs flirted with a record year last year, professionals in the are believe that more inventory could have pushed the area into record-breaking territory.
Jan 13, 2020
Does Reverse Mortgage Options Make For A More Complex Product?
Reverse mortgage products are championed due to their diverse products that help them meet the needs of special cases.
Jan 10, 2020
Zillow Predicts Shrinking Homes And A Stable Market in 2020 : Millennials make up the largest share of potential home buyers in 2020, and their preferences will move the housing market in new directions
Homes will get smaller, bold colors and prints will return to home designs and demand will stay high as more and more people reach typical homebuying age.
Jan 10, 2020
U.S. Home-Flipping Activity Drops As Returns Remain At Near Seven-Year Low: Overall home flips drop 12.9 percent in third quarter of 2019 after unusually active spring; percent of flips purchased with all-cash at two year high
After an unusually lively flipping market in the spring of 2019, the declines stood out as the largest quarterly and annual drops since the third quarter of 2014.
Thank you to our Sponsors
Jan 21, 2020
Homes Are Still Out Of Reach For African American Communities In North Lawndale
Residents in North Lawndale, Chicago are still fighting to stay in the community years after Martin Luther King worked to address unfair housing practices.
Jan 20, 2020
Buyers Are Out In January 2019
With mortgage rates remaining at their lowest levels for January in seven years, more prospective homebuyers are coming out in high numbers.
Jan 20, 2020
Blend Launches New LO App
Blend's latest loan officer application has been created to help LOs gain flexibility and functionality by providing their consumers with options.
Jan 15, 2020
Mortgage Applications Jump 30.2%
The Mortgage Bankers Association revealed that there has been a 30.2 percent jump in mortgage applications in its Weekly Mortgage Applications Survey.
Jan 15, 2020
Reverse Mortgage Popularity Continues To Grow In Canada
Canada's largest reverse mortgage lender HomeEquity Bank, has see its business grow approximately 540%.
Jan 14, 2020
A Message From The OCN Chairman
Wow! Here we are in mid-January 2020 with great news to share.
Jan 14, 2020
October 2019 Mortgage Delinquency Rate Hit Lowest Point In 20 Years
The overall U.S. Mortgage Delinquency Rate hit its lowest point in 20 years according to CoreLogic's recent Loan Performance Insights analysis.
Jan 14, 2020
NJ Investor Accused Of Mortgage Fraud
An investor from Belleville, NJ is in trouble after prosecutors say he induced lenders to issue more than $1 million in loans that ultimately resulted in defaults, according to a local Patch report.
Jan 13, 2020
FTC Issues Statement Warning Consumers Against Mortgage Relief Scams
The Federal Trade Commission is warning consumers of scams that are targeting folks who are facing trouble with their mortgages.
2/18/20
Coastal Connect Mortgage Expo
Jacksonville, FL
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> About The Network
Originator Connect Network is a community for loan origination professionals.
Our only goal as the Originator Connect Network is to connect you to the story of your success. We aim to provide unbiased and unaffiliated information about industry news, educational resources, and the tools you need to be the best loan origination professional you can be. From hosting in-person education events, to providing complimentary NMLS CE courses, we aim to provide the tools you need to become #1.
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Becoming an LO can become a lucrative career, if you know how to set yourself apart. Your First Million Dollars is a program designed to connect you to the story of your success - and your wealth.
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> OCN Magazine
February 6, 2020
San Diego, CA
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California Mortgage Expo at San Diego
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