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Some mortgage companies expanding despite challenges

Housing Wire

increase year over year for properties under contract, indicating that demand in the city remains strong,” said Elizabeth Anne Stribling-Kivlan, Compass’ senior managing director. The expansion comes amid a surge in mortgage rates and declining loan origination volume. Nationally, there was a year-over-year decrease of 2.3%

Mortgage 382
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ChatGPT for Appraisers

Appraisal Today

Guest Residence was built in 2001 with quality wood frame construction, smooth stucco exterior siding, and clay roof. As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. from 0.68 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.