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Reverse purchase financing: The financing option no one is talking about

Housing Wire

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. This is a huge boon for the program as seller concessions have not been allowed within the FHA-insured program since its inception.

Finance 419
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Cardinals of a different feather: Inside Samson Properties’ unique model

Housing Wire

In return, the Samson agent is asked – not told, asked – to refer clients to Cardinal Title Group , a title insurer wholly owned by Samson. “I In 2009, Samson Properties, still led by Danny Samson, created Cardinal Title Group, and soon thereafter gave agents a 100% commission. “We From one perspective, the U.S.

Brokerage 370
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RON is here to stay – Here’s what you need to know

Housing Wire

From understanding the importance of RON in the title industry and discovering the potential business benefits to learning how you can start offering RON closings to your clients, here’s the need-to-know info to get started. . Before you do anything, you should ask your underwriter whether they will insure RON closings at all.

Law 349
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First Citizens Bank to acquire Silicon Valley Bank

Housing Wire

The North Carolina-based First Citizens announced on Monday an agreement with the Federal Deposit Insurance Corporation (FDIC) to acquire all of SVB’s deposits and loans that were moved to an FDIC-created bridge bank after the collapse. “We the chief executive of First Citizens, said in a statement.

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Opinion: ICE’s Joe Tyrrell on the Black Knight acquisition

Housing Wire

Every year we are asked by our clients if we will provide servicing technology, because many lenders experience the inefficiencies when trying to onboard loans from a loan origination system into a servicing system. What was the motivation for ICE to want to do this deal? With so much uncertainty in the industry, why do this acquisition now?

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Fla. Unlikely to Feel Impact from Slowing Market

Empire Appraisal Group

Wary buyers and rising interest rates may affect some U.S. Still, most economists are not predicting the catastrophic housing crash of 2007-2009 when there was a surplus of homes nationwide and a market saturated with bad mortgages. Unlikely to Feel Impact from Slowing Market. markets, but Fla.’s WEST PALM BEACH, Fla. –

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How owner finance investing works and how to navigate it (with Brandon Smith, 13+ years of investing and lending experience) – Real Estate Real Fast EP9

Listing Spark

How to qualify buyers so that you have a low default rate on owner financing deals. Why some buyers can’t qualify for more traditional financing. It usually involves wrapping the existing mortgage and obtaining title insurance from a title company. If you’re doing a wrap, the number one thing is insurance.

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