Remove 2015 Remove Insurance Remove Loan Officers Remove Real Estate Agent
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RESPA enforcement is back — are you ready?

Housing Wire

That’s because real estate agents and loan officers are in survival mode and desperate to close new business. For lenders and brokerages, the risks of LOs or agents overstepping are high. A CFPB enforcement action could “force already financially weakened lenders into bankruptcy,” Selden said.

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WFG reports its highest volume months ever during Q2 and Q3 of 2020

Housing Wire

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 367
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“It’s math:” How mortgage solutions companies are fighting for survival

Housing Wire

The firm’s software — which it says streamlines the loan origination process by allowing document sharing and communication between loan officers and real estate agents — helped to close more than 77,000 mortgage applications per month, according to Porch. So it’s like middle-office, later stage workflow.

Mortgage 329
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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

The mortgage loan officer handling the loan? Ryan’s blog focuses on local real estate agents and market conditions, a most excellent method of becoming the “go-to” appraiser and getting lots of referrals from agents. Was it the borrower? A Zillow Zestimate? Maybe the underwriter at the lender?

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Appraisal Risk, Reviews, and Revisions

Appraisal Today

Appraisers who excel in this specialized field are generally those who “are willing to spend the time necessary to complete extensive research, are willing to write detailed appraisal reports, and are willing to communicate and interact with real estate agents and builders in the luxury real estate market,”.