Housing Wire
JULY 26, 2024
The majority of real estate sales fall under this category and usually employ a buyer’s and seller’s agent who negotiate on behalf of their respective parties. Although you can sell your home for whatever price you like, a controlled sale may incur certain tax liabilities for both parties. Put everything in writing.
Housing Wire
MARCH 15, 2024
At this early stage, it’s unclear how such commissions would be paid since buyers could pay their agents out of their pockets or negotiate commissions as a seller concession in the closing costs. NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents.
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Housing Wire
APRIL 22, 2024
Anytime there is a downturn in housing sales or a shock to the industry like with the litigation settlement, although we have not faced anything like this in my 47 year career, there is uncertainty,” Murray said. Kevin Walsh, the CFO of Century 21 New Millennium , joined Murray and Wright on stage. What does your instinct say?
Housing Wire
MAY 26, 2021
Join us to learn how they are using new strategies to bypass these frustrations, ultimately leading to a pickup in loan sale profitability. AmeriHome purchased approximately $65 billion in conventional conforming and government-insured originations in 2020. Presented by: MCT.
Housing Wire
APRIL 27, 2021
Today’s action means that lenders have more time to offer QM loans based on the homeowners’ DTI, and more time to use the GSE Patch, which provides QM status to loans that are eligible for sale to Fannie Mae or Freddie Mac. We firmly believe that reopening the 2020 General QM Rule would not be in the public interest.”
Housing Wire
APRIL 9, 2021
In Lender Letters issued on Thursday, Fannie Mae and Freddie Mac confirmed that loans purchased by the GSEs with application dates on and after July 1, 2021, must meet the standards of the Consumer Financial Protection Bureau’s Revised Qualified Mortgage Rule.
Housing Wire
AUGUST 5, 2022
The new lending pact supplements an existing $1 billion line of credit agreement with Citibank — resulting in a total $2 billion credit facility extended to Rocket by the bank. Rocket indicates in the SEC filing that it plans to use the new $1 billion MSR-secured credit facility to fund servicer advances or future purchases of MSRs.
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