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Fairway announces ‘hybrid e-closings’ for reverse mortgages

Housing Wire

announced the incorporation of hybrid e-closings for reverse mortgages on Tuesday, aiming to incorporate its experience with the technology on the forward side of the mortgage business into its reverse mortgage division for the first time. Fairway Independent Mortgage Corp. Fairway Independent Mortgage Corp.

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Tomo Mortgage closes $20M Series B funding round

Housing Wire

Tomo touts its use of artificial intelligence in streamlining loan underwriting and closing processes. It claims to save the typical homebuyer up to $4,000 in closing costs and offers interest rates that are 50 to 100 basis points lower than the industry average, according to a press release.

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The leadership deficiency in the mortgage industry: How we got here and how we can fix it  

Housing Wire

The state of leadership in the mortgage industry When people say, Theres no such thing as a perfect company, are they really acknowledging an inherentflaw or are they feeling the void left by inadequate leadership? Skills such as coaching, conflict resolution, and teammotivation are rarely developed through sales roles alone.

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9 expert tips to close real estate deals faster & easier

Housing Wire

Since our income is (usually) tied directly to closings, many real estate agents wonder how to close deals faster. Keep reading for expert tips on how to close real estate deals faster, plus ways to make your real estate transactions more seamless. Thats the quickest way to close a real estate deal fast.

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6 ways title companies can harness AI

Housing Wire

Artificial intelligence (AI) has become a hot topic across every facet of life, including the real estate and title industries. Marketing Marketing is essential for building awareness and staying competitive in the title industry, yet many professionals struggle to find the time. Feeling overwhelmed by all the AI talk?

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What comes next for remote online notarization oversight?

Housing Wire

Remote online notarization (RON) continues to stake its claim as a critical innovation for real estate professionals and homebuyers, opening the door for faster closings and largely eliminating the need for in-person meetings. The reality is quite the opposite. The number one concern on all stakeholders minds is fraud, he said.

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FCC says new rules for robocall and text opt-outs will take effect in April 2025

Housing Wire

The effective date for the new rule is April 11, 2025, giving the mortgage and real estate industries roughly six months to become compliant. It also follows on actions taken by the FCC in December 2023, where the regulator moved to adopt rules that would close the “lead generator loophole” that had been used in the mortgage business.

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