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Nations Lending, Carpenter Realtors launch Commitment Mortgage

Housing Wire

Full-service mortgage lender Nations Lending and local Indiana real estate firm Carpenter Realtors launched a joint venture, Commitment Mortgage , in order to offer an end-to-end experience — from finding a home to closing a loan in a cooled-down housing market. “We

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New American Funding partners with Matic Insurance and OneSource Solution

Housing Wire

Founded in 2003 by Rick Arvielo and his wife, Patty Arvielo , New American Funding offers a variety of conventional, government, adjustable-rate and non-qualified mortgages. NAF has a servicing portfolio of more than 250,000 loans representing about $66.1 billion in value, according to the lender.

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Lenders target growing Hispanic homeownership market

Housing Wire

With the new mortgage program, customers receive loan estimates and closing disclosures in Spanish as well as a real-time digital version they can save. The new program and tool launches come as potential Hispanic home buyers face a tight housing market with historic low level of supply for affordable homes.

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CBC Mortgage’s Tai Christensen to speak at Spring Summit

Housing Wire

Tai Christensen, CBC Mortgage Agency’ s director of government affairs, will join other housing luminaries to discuss how lenders can increase their diversity to impact minority homeownership at HousingWire’s Spring Summit on March 4. The focus of the Spring Summit is The Year-Round Purchase Market.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. The mortgage loan officer handling the loan? It initially began as a test program in the early 2000s and was expanded to all areas of the country in 2003, as a result of VA Circular 26-03-11.

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ChatGPT for Appraisers

Appraisal Today

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? Built in 2003, the Mediterranean style primary residence totals 4, 050 sq. Dear Sellers, the housing market misses you It’s tough to value properties today! How does your market compare with Ryan’s? Please read it. Meanwhile, Ms.