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Are these factors creating chaos in your mortgage lending ops?

Housing Wire

From mortgage origination to servicing, companies are constantly grappling with high volume and stringent regulatory oversight while managing a large cohort of vendor partners. Smaller mortgage originators often deal with this problem by throwing more people at it. We’re seeing mortgage executives and workers retiring at record rates.

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Opinion: The pros and cons of VA modernization bill

Housing Wire

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

VA loan 83
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7 best real estate schools in Massachusetts for 2024

Housing Wire

Students chose the school for its offering of live instruction classes for salespersons, brokers, appraisers, mortgage, and home inspection courses at various locations and convenient times, including weekend classes. Select from seven 2-hr, ala carte courses Complete CE Package for $50: Required 12 hrs of coursework.

HR 435
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The One Business Skill Every Appraiser Needs to Master

McKissock

” “You can’t make a $100,000 a year doing $15/hr work. ” “When researching a subject property, you’ve got to have a good feel for all the time involved—how long will it take to drive to the home, inspect it, research it and complete the report? that you do best and delegate the rest.

HR 96
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Uprooting for Work? Here’s How to Negotiate a Relocation Package

HomeLight

Inspections : Varies based on location, with a national average of around $328 . Some relocation packages offer a relocation mortgage , a loan that allows your employer to make financial contributions to your mortgage in various ways. Ask your employer’s HR department if they have a relocation policy or benefits to offer.

HR 105
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Looking to Buy in Philly or Pittsburgh? Consider Down Payment Assistance in Pennsylvania!

HomeLight

Potential homebuyers will need to budget for a down payment, closing costs, monthly mortgage payment, and that doesn’t even include the cost of utilities. Second mortgage. Many other down payment assistance programs are offered in the form of a second mortgage. Forgivable second mortgage.

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How to Sell My House Fast in Covington: Cash Offer Options

HomeLight

Avoiding foreclosure: You’ve fallen behind on mortgage payments, and selling the house can help prevent a potential foreclosure. In a cash sale , the buyer possesses the required funds to purchase your property upfront, which circumvents the traditional mortgage process and streamlines the entire transaction.

HR 52