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7 best real estate schools in Illinois (IL) for 2024

Housing Wire

If you’re looking for the best real estate schools in Illinois to complete the required 75 hours of class time you’ll need to get a broker’s license, we’re here to help. In Illinois, real estate agents are called brokers. When you buy through our links, we may earn a commission. out of 5.

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StoicLane has plans to create an appraisal giant

Housing Wire

Less than one month after launching operations , the private holding group StoicLane – the backers of Interfirst Mortgage – has acquired control of the appraisal management company Lender’s Valuation Services (LVS). The team co-founded several companies and, since 2004, they claim to have created $4 billion in equity value to investors.

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Williston Financial Group’s MyHome acquires Volly

Housing Wire

“As the digital transformation of our industry accelerates, we’re committed to acquiring and building solutions that help us further expand our reach and achieve the next stage of our mission to transform and streamline the real estate experience for all constituents.” Launched in 2004, 10 of the nation’s top 30 banks work with Volly.

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CFPB investigating Rocket Homes for illegal kickbacks

Housing Wire

Rocket Homes Real Estate , a real estate affiliate of Rocket Companies , is being investigated by the Consumer Financial Protection Bureau (CFPB) for possibly violating the Real Estate Settlement Procedures Act (RESPA) when it charged fees for referring Quicken’s mortgage clients to real estate agents, according to officials.

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Lift the ban on lenders providing down payment assistance on FHA loans: Ted Tozer

Housing Wire

Under the FHA Modernization Act of 2008 , sellers, lenders and others with a financial interest in a real estate transaction are prohibited from providing DPA to FHA borrowers. Bush administration in 2004. “If If this change were made, the FHA program would join the other government-insured programs offered by the U.S.

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Gentrification, Neighborhood Boundaries, and Bias

Appraisal Buzz

This article was originally published on the Sacramento Appraisal Blog here. 1) BOUNDARIES MATTER: Here is a real example of how important neighborhood boundaries can be. So as an appraiser I need to be careful about crossing boundaries when choosing comps because prices might be different on the other side of a street.

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Appraiser Scam – Be Careful!

Appraisal Today

Appraiser Scam – Be Careful! Posted Jan 5 on National Appraisers Forum. This was also posted in the 100% Appraisers group on FaceBook as happening to others. Last week, I received a text from “Master Chief Robert Roy” requesting an appraisal for a cash purchase. Appraisal Business Tips .