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Interfirst, the phoenix of mortgage, lays off hundreds

Housing Wire

The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017. They were trying to capitalize on the refinance boom,” said Cullen Gandy, a classically trained opera singer who had been hired as an LO at Interfirst and left in July. “I

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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

But once these qualities are developed, many appraisers find eminent domain work to be interesting, challenging but worthwhile, and financially rewarding. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.

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Big non-agency players prepare for a blockchain future

Housing Wire

It may still be a ways down the track, but the engine powering the blockchain train is already rattling the tracks. Brightvine is working to comply with all applicable securities regulations in developing its platform. That share, via Po int’s home equity investment contracts (HEIs), is typically around 10 percent or so.

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Can 3-D printed homes help solve the housing crisis?

Housing Wire

A man in Iowa in the late 1800s would get a loan from the bank, take a train to Chicago, purchase a home, come back and the house is delivered, and his neighbors help him assemble it.”. The lightwood frame was one of the greatest inventions they had at the time,” McCoy said. “A That frame was such a great invention it dominates to this day.

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Chat GPT For Fannie Form Appraisal Reports

Appraisal Today

ChatGPT is an advanced AI language model developed by OpenAI that can be used to streamline the appraisal writing process. Built in 2014, the six-bedroom estate was designed to resemble an English manor. Some AMCs may use appraisers for data collection at a reasonable fee instead of Uber drivers with 3 weeks of training.