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

Housing Wire

That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. The bottom line The reverse mortgage (HECM) for purchase program was designed to help older Americans buy a more suitable home in retirement, while still conserving cash and assets for future expenses.

Finance 441
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Rechat CEO Shayan Hamidi on keeping up with the furious pace of AI

Housing Wire

This is from 2009 — I opened up a high-tech real estate brokerage with actual agents, working through transactions day in day out and really understanding what processes look like. And their experience is also highly fragmented and broken, and that’s what bubbles up to the consumer experiences. SW: What differentiates your tech?

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Amy Wallick Sworn in by Massachusetts Association of REALTORS® as 2024 President

Lamacchia Realty

She made an impressive entry into her career by winning the Rookie of the Year award in 2009. “To At the local level, she assumed the role of President for the North Shore Realtors in 2013 and received the Realtor of the Year award in both 2014 and 2018.

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

Housing Wire

Designate a subject matter expert on all things RON. This person should immerse themselves in the constant developments of RON in the industry. According to a Global Workplace Analytics study , remote work has grown 159% since 2009. Be sure to ask if they provide secure storage of records you are required by law to keep.

Law 366
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What happens when borrowers have more control of the lending process?

Housing Wire

Brian Francis, FormFree’s CTO and a HousingWire Vanguard, helped design the system alongside Jason Manous and Simon Zekan, who run technology and development at the company. FormFree introduced the concept of direct-source data to the mortgage industry with the AccountChek Verification of Asset (VOA) report in 2009,” he said.

Lending 403
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5 best Arizona real estate schools for 2024

Housing Wire

Topics include: Real estate license law, agency, contracts, real property, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction. Deluxe: Required 90 hrs of coursework.

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Review of MMI Fund’s reverse mortgage book sheds light on evolving HECM

Housing Wire

Total endorsements between fiscal years 2009 and 2023 were 863,102, a rough estimate of the total number of customers served by the HECM program since the early aftermath of the Great Recession. Loan amounts and HECM limits The actuarial report also detailed loan amount information and how these have changed since fiscal year 2009.

Mortgage 365