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Building a Successful Referral Network for Loan Originators
In today’s competitive mortgage market, generating a steady stream of qualified leads is essential for success. While online marketing and advertising can be valuable tools, building a successful referral network remains one of the most effective ways for Mortgage Loan Originators (MLOs) to attract new clients. This is a rather lengthy post packed information on…
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CFPB Credit Card Fee Crackdown: Will Mortgages Be Next?
On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule significantly reducing late fees charged by large credit card issuers. This move, which caps the typical late fee from $32 to $8, is estimated to save American families over $10 billion annually. How does this CFPB credit card fee rule impact other financial…
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Why DE&I Matters for Mortgage Loan Originators in 2024
The mortgage industry has a long history of serving a limited demographic. However, the landscape is changing. The growing diversity of the American population demands a more inclusive approach to homeownership. This is where Diversity, Equity, and Inclusion (DE&I) come in and why DE&I matters in the mortgage industry. Why DE&I Matters for MLOs In…
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