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Navigating movement in the mortgage industry series: Post-closing matters are important too

Housing Wire

Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns.

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Fairway’s Steve Jacobson is ’focused on speed’ as he builds company culture

Housing Wire

Furthermore, after a few years of economic upheaval in the mortgage industry, Jacobson says that creating a culture of freedom and inclusivity is more important than ever for Fairway’s continued success. He explains that speed and customer service rule every aspect of business, including the mortgage industry.

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The title industry is working to tackle fraud 

Housing Wire

The title insurance industry is vigorously battling these challenges as it protects Americans’ largest asset, their homes. The title industry is committed to combating all types of financial crimes, including seller impersonation fraud, wire fraud, elder fraud, and money laundering.

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Rocket Mortgage will pay up to $5,000 in closing costs for renters

Housing Wire

Rocket Mortgage on Tuesday unveiled RocketRentRewards, which the company says is the homeownership industrys first offer to provide closing cost credits for renters. With the national average rent at $1,800, that translates to $2,160 applied toward a clients closing costs.

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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule.

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Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

There is constant movement in the mortgage industry with the desire for growth and expansion. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target.

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Identity theft protection company seeks inroads to reverse mortgage industry

Housing Wire

American Identity Group , an information security company that monitors and fixes security breaches and primarily operates in the wholesale lending space, has also become well established in the title and home warranty industries. When we look at the mortgage industry in our office, we broad-brush it,” he said. “We