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

Housing Wire

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. Originators dont consider the secondary market, even though those loans will most likely shift into the market down the line. Click Here

Marketing 367
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LoanSnap troubles continue as California revokes its lender license

Housing Wire

A California regulator has revoked the residential mortgage lending license of LoanSnap , the latest in a series of difficulties for the fintech lender. That policy, which is designed to protect consumers from lender fraud and financial risk, expired in early August.

Lending 448
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Black Friday deals on a new home? Here you go

Housing Wire

While shoppers flock to malls and online retailers for Black Friday deals, M/I Homes is shifting the focus to residential real estate with holiday incentives that rival traditional doorbusters. But in Greater Austin , the “Holiday of Homes” offers flex cash — which can be used towards design selections or structural options — and financing.

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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. Production data represents residential transactions only.

Agents 461
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HUD creates research grant to analyze office-to-residential conversions

Housing Wire

Department of Housing and Urban Development (HUD) this week announced a new notice of funding opportunity (NOFO) to examine the intricacies of converting office space into residential living units. Each new goal, while worthy, widens the disconnect between buildings constructed decades ago and what regulation requires today.”

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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. In the average residential transaction, commissions are usually split between the buyer’s agent and the seller’s agent, with the seller typically paying both commissions.

Agents 448
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HUD rescinds appraisal review policies

Housing Wire

the Federal Reserve Board , the National Credit Union Administration and the Office of the Comptroller of the Currency announced finalized guidance designed to address ROVs for residential real estate transactions. The guidance aimed to advise on policies and procedures that financial institutions may implement.

Equity 213