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The Similarities Between 2007 and Today

Appraisal Buzz

During the 2007-10 mortgage default meltdown, appraisals were a target of complaints and allegations by lenders, the GSEs, some state appraisal boards, and a few unscrupulous entrepreneurs. We provide a service that helps clients make informed decisions on how to proceed. It is not our job to kill or make deals. We analyze and report.

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Data breach at Nations Direct Mortgage impacts 83,000 borrowers

Housing Wire

Founded in 2007, Nations Direct Mortgage is a direct seller to Fannie Mae , Freddie Mac and Ginnie Mae , according to its website. million clients at loanDepot in January. The wholesale lender notified impacted individuals of the data breach at the end of February. Customers were notified of the protection services earlier this month.

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ATG to merge with Guaranteed Rate??

Housing Wire

Attorney members who joined ATG between 1964 and 2007 and their successors have been asked to vote on the merger. For a variety of reasons, we stopped selling shares in 2007. ATG president and CEO Peter Birnbaum announced the plans for the merger in early January in an email to ATG agents and shareholders.

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ATG to merge with Guaranteed Rate

Housing Wire

Attorney members who joined ATG between 1964 and 2007 and their successors have been asked to vote on the merger. For a variety of reasons, we stopped selling shares in 2007. ATG president and CEO Peter Birnbaum announced the plans for the merger in early January in an email to ATG agents and shareholders.

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Opinion: Riding the wave

Housing Wire

All in all, the spring season is heating up and here are five reasons to advise your clients to ride the current real estate wave: Supply and demand dynamics The ongoing imbalance between supply and demand continues to shape a robust real estate market. With only 1.3

Inventory 321
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Supreme Court orders review of recession-era class action against Rocket

Housing Wire

“The facts of this case are clear, and demonstrate that our practices were compliant and that the refinance loans we provided benefited our West Virginia clients,” a Rocket spokesperson said. Expert witnesses estimated the actual 2007 value of their home to be as much as $26,000 less than the appraised value.

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HW+ Member Spotlight: Reina Ramos

Housing Wire

Lenders need to be mindful that clients don’t purchase homes often and using acronyms to describe the program, terms or process can create confusion. I never want to lose sight that I own the client and the experience. Compared to 2007 and 2008 there’s more due diligence in mortgage qualifying.

Inventory 383