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Sarasota officer-involved shooting: Bank robbery suspect confirmed dead

An accused bank robber died during an officer-involved shooting in Sarasota on Monday, according to officials.

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Servicing, TPO, Warehouse Products; Training and Webinars; CPI Moves Rates Higher

In our biz, you never want to hear, “deception,” “targeting the elderly,” or “abusive tactics” related to a company. But there they are in this report, “The Ugly Truth Behind We Buy Ugly Houses.” (Thank you to Ken S. for passing this along.) The franchise is nationwide, unlike… cicadas? The U.S. Census Bureau says the Midwest includes 12 states: the Dakotas, Kansas, Missouri, Iowa, Nebraska, Illinois, Indiana, Minnesota, Wisconsin, Michigan, and Ohio. I mention this, not only because some people are confused where they live, but also because this spring, two different broods of cicadas, one that lives on a 13-year cycle and the other that lives on a 17-year cycle, will emerge at the same time from underground in a rare, synchronized event that last occurred in 1803. Billions of the winged insects will make an appearance across the Midwest and the Southeast, beginning in some places in late April, for a raucous mating ritual. (Today’s Commentary podcast can be found here and this week’s is sponsored by Lender Toolkit and its AI-powered AI Underwriter and Prism borrower income automation tools. By providing lightning-fast underwriting decisions, your market reputation with borrowers and Realtors will soar, which means more repeat and referral business. Hear an interview between Lender Toolkit’s Madison Kelly and AMS LLC’s Andrew Hicks on AI underwriting.) Lender and Broker Software, Products, and Services Stay up to speed on what’s happening with borrower demand, incentive and other critical market trends by attending the ICE Mortgage Monitor webinar. You’ll gain insights you can't get anywhere else. During this monthly webinar, ICE experts discuss the most current findings from their analysis of the company’s vast U.S. mortgage, housing and property data assets. Hear about home prices, affordability, interest rates, equity and other important factors that impact your lending strategies. Best of all, its free to attend: just sign up here. The next webinar will be held on Wednesday, Feb. 28, from 2-3PM ET.

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Correspondent, Accounting Tools; Events, Training, and Webinars This Week and Beyond

Sometimes there is no shortcut when you want to make a lot of money. Speaking of making money, and creating wealth for clients, owning real estate continues to be a good investment. The National Association of Realtors tells us that more than 85 percent of metro markets registered home price increases in the fourth quarter of 2023. Its latest quarterly report reports that fifteen percent of the 221 tracked metro areas experienced double-digit price gains over the same period, up from 11 percent in the third quarter. In the lending world, according to Curinos, January 2024 funded mortgage volume increased 3 percent year over year but decreased 4 percent versus the previous month. The average 30-year conforming retail funded rate in January was 6.86%, -39bps lower than December and 47bps higher than the same month last year. Curinos sources a statistically significant data set directly from lenders to produce these benchmark figures. (Today’s Commentary podcast can be found here and this week’s is sponsored by Vesta, the new, modern Loan Origination System (LOS) which helps lenders reduce their costs to originate and improve their ability to integrate with new technologies in the ecosystem. Hear the second and final part of an interview between attorney Brian Levy and Robbie on life outside of mortgage.) Lender and Broker Software, Products, and Services Make your general ledger profitable and run your business more efficiently with Loan Vision and LV-PAM. Instead of “staying alive until ‘25”, with Loan Vision, a software built by the mortgage industry for the mortgage industry, you can “produce more in 24!” Customers on Loan Vision see improvements of 30%+ decrease in days to close the books, 20%+ reduction in accounting headcount, complete LOS to G/L automation, and improved reporting and visibility. Interested in learning how Loan Vision can help you run a more efficient and profitable company? Contact Carl Wooloff to schedule a call today.

Washington , United-states , Mississippi , Virginia , Florida , Dallas , Texas , Melissa-tran , Elizabeth-karwowski , Anjelica-nixt , Maureen-sweeney , Chris-lowis

Home Equity, Pre-Qual, Correspondent, Verification Tools; Training and Webinars; STRATMOR on LO Habits

Attention in the hallways in the early going at the IMB Conference in New Orleans is varied. LinkedIn traffic seems to have picked up for IMB companies like Draper and Kramer and Atlantic Bay, but that is hardly a scientific measure of companies being bought, buying, or exiting the business. (As always, direct questions to company representatives.) Credit costs and trigger leads are a big item; this Wednesday’s L1 Mortgage Matters session at 2PM ET features John Fleming, of John Fleming Law and the Texas MBA, discussing issues including a fine update on the trigger lead situation. Being pragmatic about handling branches that are losing money, even if the crew there has been with you for years and years, is a hot topic among owners. The last 18 months has not been the time to waffle or ignore information. Today’s podcast can be found here and this week’s is brought to you LoanCare. LoanCare has successfully navigated clients and homeowners through market change for 40 years. The mortgage subservicer is known for delivering superior customer experience through personalization and convenience via its portfolio management tool, LoanCare Analytics™, supporting MSR investors with a focus on customer engagement, liquidity, and credit risk. Lender and Broker Services, Products, and Software Jonathan Spinetto COO &amp; Co-founder at Nyfty Door, grew business from 0 loan originations two years ago when he signed with TRUV, and is projected to hit 3,000 loans a month in 2024. NYFTY door sees conversion rates over 60% with Truv and is saving 60-80% over competitors. Contact TRUV today for your income, employment, insurance, and asset verifications.

California , United-states , Miami , Florida , Canada , Michigan , Texas , Japan , American , Americans , David-lykken , Eric-willett

Man charged in I-70 shootout with police pleads guilty

A Reynoldsburg man who is charged with a string of robberies and the deadly shootout on Interstate 70 over the summer entered a plea agreement.

Ohio , United-states , Upper-arlington , Whitehall , Reynoldsburg , Abdisamad-ismali , Aden-abdullahi-jama , Faisal-darod , Aden-jama , Columbus-gamestop , Third-bank , Porsche

Man charged in I-70 shootout with police pleads guilty

A Reynoldsburg man who is charged with a string of robberies and the deadly shootout on Interstate 70 over the summer entered a plea agreement.

Upper-arlington , Ohio , United-states , Reynoldsburg , Whitehall , Columbus-gamestop , Abdisamad-ismali , Aden-abdullahi-jama , Aden-jama , Faisal-darod , Porsche , Third-bank

New robbery, gun charges against I-70 shootout suspects

A grand jury has returned a superseding indictment that adds new charges against two Ohio men allegedly involved in the July 6 shooting of a Columbus officer.

Whitehall , Ohio , United-states , Upper-arlington , Abdisamad-ismali , Columbus-gamestop , Aden-jama , Faisal-darod , Porsche , Third-bank , Fifth-third-bank , Third-bank-on

Troy police say Detroiter stole check, changed amount and tried to cash it

The man reportedly told police he got the check as a refund from someone who was doing work for him.

Damonn-demarco-tiggs , Kirsten-hartig-nielsen , District-court , Troy-police-department , Third-bank-on , Damonn-tiggs-troy-police-dept , Damonn-tiggs , Troy-police-dept , Fifth-third-bank , West-big-beaver-road , Judge-kirsten-hartig-nielsen ,

Troy police say Detroiter stole check, changed amount and tried to cash it

The man reportedly told police he got the check as a refund from someone who was doing work for him.

Kirsten-hartig-nielsen , Damonn-demarco-tiggs , Troy-police-department , Damonn-tiggs-troy-police-dept , Third-bank-on , District-court , Damonn-tiggs , Troy-police-dept , Fifth-third-bank , West-big-beaver-road , Judge-kirsten-hartig-nielsen ,

Chamber luncheon to feature Fifth Third market strategist Jalics

ELKHART — The Greater Elkhart Chamber of Commerce will host an Economic Update presented by Fifth Third Bank on Tuesday, Aug. 29, at Hotel Elkhart, in the Aria Ballroom.

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