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Outsourcing for efficiency: How SitusAMC is enhancing primary market origination with third-party resources

Housing Wire

How do we get a loan from I want a house to its closed and done before they walk away? To tackle increased origination demand without over-prioritizing one market, mortgage originators must rely on solutions designed to cut primary market expenses and create more secondary market mobility.

Marketing 365
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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. An agent may also be present at closings to review closing documents and help guide their client through the final steps. Buyer’s agent : The buyer’s agent represents the buyer.

Agents 430
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RealTrends launches real estate agent and team city rankings

Housing Wire

These rankings are designed to help top-performing agents and teams highlight their accomplishments within their specific local markets, enhancing their credibility where it matters most — close to home. This year’s inaugural rankings feature agents and teams from 50 cities across the U.S.,

Agents 440
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Gradient Mortgage Capital launches to serve DSCR clientele

Housing Wire

Florida-based Gradient Mortgage Capital , a wholesale mortgage banking platform, launched Monday with the intent to serve mortgage bankers and brokers across the country with debt-service-coverage ratio ( DSCR ) and small-balance commercial real estate loans. Banker and broker yield spread premiums are offered too. ” .

Mortgages 256
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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? Market conditions have certainly trended downward for residential or commercial real estate. Right now, we’re generally seeing more mixed-use developments and multifaceted commercial projects.

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MORE Seller Financing wants to debunk ‘the bad rap for wraps’

Housing Wire

Every single buyer I ask, ‘Would you buy a home today if you could get a 5% rate with no points, streamline underwriting, closing fast?’ MORE’s model offers a short-term bridge loan typically around three years in length that’s designed to give buyers time to refinance or secure permanent financing.

Finance 370
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Virtual notary adoption surges as businesses rush to close transactions remotely

Housing Wire

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. A signer such as a customer closing on a loan appears before a notary on a video call and they complete, sign and notarize the document, he said.

Closing 498