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FOA closes on sale of Incenter’s title businesses

Housing Wire

Finance of America (FOA) announced Thursday that its indirect subsidiary Incenter closed the sale of its title insurance businesses. The company previously announced that it would be selling its title insurance businesses in early February.

Title 340
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Mortgage tech firm TRAiNED hires two executives from Sales Boomerang

Housing Wire

TRAiNED named Mark Cunningham, a co-founder of Sales Boomerang , as its new CEO. It also hired Arend de Jong , co-founder and former chief financial officer of Sales Boomerang, as CFO, the company announced. He was named a 2021 HW Insider after Sales Boomerang debuted in the top 5% of the Inc. Mortgage tech firm TRAiNED Inc.

Sales 446
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Master planned communities post strong new home sales numbers in 2023

Housing Wire

According to a survey released Tuesday by John Burns Research & Consulting , the top 50 MPCs sold more than 34,600 new homes in 2023, up 24% from the nearly 28,000 sales in 2022. And in 2023, each of the top 50 communities sold at least 368 homes, although that’s fewer than the 2021 record of 460 sales per community.

Sales 477
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Opinion: how to close the minority homeownership gap

Housing Wire

Fannie Mae and Freddie Mac have had affordable lending goals for years, but the impact of closing the minority homeownership gap has not been that significant. 1 answer has been, “They understand my borrowers and know how to close my loans.” Every year NAHREP surveys the top Latino mortgage originators in the nation.

Closing 368
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Black Friday deals on a new home? Here you go

Housing Wire

That’s right, there are Black Friday home sales! Chicago’s offerings include doorbuster deals on Quick Move-In homes, which reduce pricing up to $93,850 if the home closes this year. In Charlotte , borrowers to lock in a lower rate on select Quick Move-In homes that can close by the end of the year.

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The BIG Point of Sale integrates with ICE Mortgage Technology

Housing Wire

announced on Monday that it has integrated its next-generation point of sale system, The BIG Point of Sale, on the latest API Platform available through ICE Mortgage Technology , a division of Intercontinental Exchange, Inc. is a fintech software and hardware company that designs, develops, and integrates web-based solutions.

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AgentCoach.AI is deploying bots to train real estate agents

Housing Wire

Users can access AI bots designed to assist agents with general real estate knowledge, sales, marketing , negotiation and motivation. The company cites high home prices as a key barrier blocking agents from closing deals more effectively. Productivity tools are also available to keep agents on track. said in a statement.

Agents 319