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January 16, 2020  |  Uncategorized

The industry needs to have an urgent discussion on wire fraud

Between 2017 and 2018, FBI data shows a 166% increase in the amount of money lost due to real estate wire fraud. However, even with this growth, awareness of the issue remains low. This content is for HW+ members. Join today! Already a member? log in The post The industry needs to have an urgent...

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January 16, 2020  |  Uncategorized

Foreclosure activity tumbles to 15-year low

Foreclosure activity in 2019 tumbled 83% from its 2010 peak, and hit its lowest level since at least 2005 Source: Mortgage Professional America Read the full article here: Foreclosure activity tumbles to 15-year low

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January 15, 2020  |  Uncategorized

Direct mail marketing data gets a much-needed infusion of technology

Consumers today are accustomed to personalized experiences across the board – even in advertising – and mortgage lenders need to keep pace with those expectations to gain business. By applying proprietary technology to the same data used by all mortgage lenders for direct mail marketing, Monster…

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January 15, 2020  |  Uncategorized

Wells Fargo profit plummets 55%

The lending giant has set aside another $1.5 billion for legal costs related to its ongoing scandals Source: Mortgage Professional America Read the full article here: Wells Fargo profit plummets 55%

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