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How to become a real estate broker & launch a brokerage — Advice from a KW mega broker

Housing Wire

To excel, you must enter the industry with four main elements: a clear vision, a recognizable brand, an inspired team, and the systems to support them. If you live in one those states, leveling up your career might mean studying to become a Managing Broker or Principal Broker. A good brand will set you apart from other brokerages.

Brokerage 369
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FHA institutes new payment supplement partial claim

Housing Wire

The new option Partial claims are interest-free loans from HUD that borrowers use to make their payments current, with the remainder of the late payments added to the principal and extended for 30 years. Since March 2020, lenders and servicers have provided borrowers with nearly 1.9 million COVID-19 loss-mitigation actions.

Principal 459
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HighTechLending leaders say flexibility, added value drive rebranded wholesale division

Housing Wire

California -based HighTechLending , a top-10 lender in the reverse mortgage industry, recently announced that it was rebranding its wholesale channel to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers.

Lending 459
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FOA announces amendment and update for bond exchange offer

Housing Wire

FOA also advised that any investors who participate could receive “a cash fee equal to 0.25% of the aggregate principal amount of outstanding 2025 unsecured notes that are exchanged,” according to the announcement. Anyone with potential interest in the agreement must signal their intent to participate by 5 p.m.

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Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Housing Wire

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? A significant opportunity To be sure, there are title agencies eager to partner with CRE principals and funds. Market conditions have certainly trended downward for residential or commercial real estate.

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Mr. Cooper exits reverse servicing space with sale to MAM

Housing Wire

Mortgage servicing, origination and transaction-based services company Mr. Cooper Group announced on Tuesday the sale of its reverse mortgage servicing portfolio – operating under the Champion Mortgage brand – to Mortgage Assets Management (MAM).

Sales 418
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Presenting HousingWire’s 2021 Women of Influence

Housing Wire

Head of Product and Design. Principal and Chair, Financial Instituions Regulatory Practice Group. Realogy Expansion Brands. Chief Operating Officer. Ashley Smith. VP, Marketing. Finance of America Reverse. Bernadette Kogler. CEO and Co-Founder. Briana Ings. Carrie Gusmus. President/CEO. Aslan Home Lending Corporation.

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