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To boost Black homeownership, the U.S. must navigate a ‘troubling environment’

Housing Wire

The past two years have been tough, but even before 2021, Black homeownership was either falling or stagnant and remains far from its pre-2004 high of nearly 50%.” This development has “significant implications for the housing market.” “The SHIBA report underscores that there has been little progress in increasing Black homeownership.

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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. Save time with pre-written newsletters from Market Leader Don’t have time to write three or more newsletters every month? So, where do you start? Lets dive in!

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CFPB ‘quietly’ affirms support for HUD counselors partnering with mortgage originators

Housing Wire

Department of Housing and Urban Development (HUD)-approved counselors can use fee for pre-purchase counseling and homeownership education services. The change was confirmed through a LinkedIn post by HUD Deputy Assistant Secretary for Housing Counseling David Berenbaum. “The

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HUD issues $10M in counseling grants to ‘combat homeownership gap’

Housing Wire

Department of Housing and Urban Development (HUD) announced Monday the availability of $10 million in new grants to be distributed to 23 HUD-approved counseling agencies nationwide, which will help the department boost homeownership rates within historically underserved communities.

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Mortgage infrastructure platform Pylon raises $8.5M in seed round

Housing Wire

Headquartered and founded by Trent Hedge and Marco Monteiro earlier this year, the firm’s unified stack offers a white-labeled interface that can pre-fill loan applications in addition to instantly verifying income, assets and pulling credit, according to its website. .

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Can Your Condo Developer Stop You From Leasing Your Unit?

Toronto Realty Blog

Case in point: some of these guys had never heard of the “occupancy period” that exists in the world of new condominium development. In order to build a condominium in Ontario, the developer will pre-sell units, that don’t yet exist, and when a certain threshold is met (ie. Like what ? Absolutely not.

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Roof AI powers its sales assistant with OpenAI technology

Housing Wire

For specific questions such as ‘What’s the difference between pre-approval and a prequalification?’, Founded in 2015, Roof AI developed its technology from scratch, creating proprietary algorithms to serve local real estate and mortgage professionals. Michel Moubarak, vice president of growth at Roof AI, told HousingWire.