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Oklahoma’s Bank7 acquires mortgage lender First American Mortgage Inc.

Housing Wire

The community bank has completed its acquisition of First American Mortgage, Inc. , a small mortgage lender and brokerage based in the suburbs of Oklahoma City. HousingWire tracked 37 mergers, acquisitions, exits and bankruptcies involving originators, servicers, tech platforms, and appraisal and valuation companies in 2024.

Mortgages 251
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Unlicensed mortgage broker defrauded wholesale lenders

Housing Wire

“Instead of wiring the funds to the correct financial institution, the funds were instead transferred to bank accounts controlled by Kaufman,” the federal government said. Presented by: Flagstar Bank. Prior to working at mortgage brokerage Bliss Home Funding Corp. Attorney’s Office said Wednesday.

Mortgages 397
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The Ultimate Mortgage Loan Documents Checklist For First-Time Homebuyers

HomeLight

They will also consider your current and previous debts that resulted in foreclosures or bankruptcies. Bank statements. Your bank statements will be one of the first things lenders look at to determine your cash reserves as these accounts contain your most liquid assets. Brokerage account statements. Bankruptcy paperwork.

Loans 105
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Beverly Park’s Ultra-luxurious Villa Firenze Re-lists for $120 Million

Fancy Pants Homes

is once again trying to bank a $100+ million sale. Just one year after it sold at auction — banking a somewhat modest $51 million — the sprawling estate re-surfaced on the market with a $120 million asking price. brokerage Hilton & Hyland to hold an online auction.

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Pre Approval vs Pre Qualified vs Underwritten Pre Approval: What’s It All Mean?

HomeLight

If you want to buy a house, the lender or bank will need to know how much money you make and how much debt you have. Bank statements. Retirement or brokerage account statements. The lender could also request additional documents if you have special circumstances, such as a past foreclosure or bankruptcy.

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What Does Clear to Close Mean, And How Much Longer Before I’m a Homeowner?

HomeLight

Two months of bank statements, if using savings. 60 days of bank statements. Last two months of brokerage account statements. Bankruptcy documents. Plan for your down payment. Letters of gifted funds from friends or family. Documentation for assistance programs. Asset documentation. 60 days of IRA statements.

Closing 97
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9 Alternatives to Zillow When Buying or Selling a Home

HomeLight

While Zillow is known as a real estate marketplace, Redfin is considered a discount brokerage, offering sellers a 1% listing fee (with some fine print, of course). This site also lists whether a property is in bankruptcy, preforeclosure , or foreclosure. RealtyTrac.

Agents 111