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

Housing Wire

Branding/Intellectual property: Trade names, DBAs, and domain names Trade names, DBAs, trademarks, fictitious business names or assumed business names are what the world knows the business as. Material contracts There may be numerous contracts containing provisions that may trigger liability or exposure upon the sale of a business.

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

Housing Wire

Below are some of the items that wont necessarily be on your radar when you initially explore an acquisition or sale, but may need to be dealt with on a post-closing basis. To backstop some of those indemnification obligations, there will likely be an indemnification escrow agreement.

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Thinking of joining a real estate team? Here’s everything you should know

Housing Wire

The Specialized Team Every team members role is based on their strengths agents specialize in either listings or sales, while support staff focuses on marketing or transactional details. These roles include: Buyers agents: These agents focus on helping clients purchase a new home.

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Flyhomes acquires Home Sale Assured

Housing Wire

Proptech firm Flyhomes has entered into an agreement to purchase Innovative Holdings, LLC’s “buy before you sell” platform Home Sale Assured. In the acquisition, Flyhomes will be acquiring the Home Sale Assured brand and Meadow will join Flyhomes as VP of partnerships. The terms of the deal were not disclosed.

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Flagstar Bancorp cuts 20% of its mortgage staff

Housing Wire

“Gain on sale revenue was under significant pressure throughout the quarter as the velocity of the increase in mortgage rates rose at the fastest rate this century,” Alessandro DiNello, president and chief executive officer of Flagstar Bancorp, said in a statement. Flagstar’s mortgage division will also preserve the brand.

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Expansion-hungry APM acquires over two dozen Lend Smart branches

Housing Wire

California-based lender American Pacific Mortgage (APM) announced an asset purchase agreement with retail lender Lend Smart Mortgage on Thursday in its latest move to drum up production across the country. Lend Smart will retain its name and brand and have access to APM’s mortgage products.

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An agent’s guide to hiring a real estate photographer

Housing Wire

The more buyers through the door, the more offers youll receive quickly and the higher the sale price will be. Build your brand. Everything you put out into the world (and the internet) becomes part of your brand, including how you showcase your listings. Do you offer packages or discounts for purchasing multiple services?