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Logan Mohtashami unpacks the slow train wreck that’s been happening in housing inventory

Housing Wire

Logan Mohtashami: Regarding inventory, we had a slow train wreck happening for years, and I can explain in more detail. Since 2014 inventory has been falling slowly for years, then here come years 2020-2024, our most prominent housing demographic patch ever in history with low mortgage rates. What levels should we be hoping for?

Training 427
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The Real Brokerage looks to build on 2023’s explosive growth

Housing Wire

According to Srivatsaa, this means that trainings and resources brought in by one team leader or broker are available to all agents at the firm. Agents can also gain stock by purchasing it, attracting productive agents to Real, as well as stock awards for teaching agent training programs at Real or doing community service projects. “If

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Shaun Donovan is named Enterprise Community Partners CEO

Housing Wire

Prior to serving as HUD Secretary from 2009 to 2014, Donovan served as the New York City Department of Housing Preservation and Development commissioner under Mayor Michael Bloomberg. Coming to Enterprise is, in a way, coming home for me,” Donovan said in a statement. Donovan will assume his new position in September.

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The fight to standardize educational training for LOs

Housing Wire

Federal regulations mandate that nonbank LOs take training prior to being certified. These organizations impose response training responsibilities on banks to have a well-trained staff,” said a source who requested anonymity because he was not authorized to speak about bank regulation. “So Learning materials up to par?

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Risk of mortgage fraud is on the rise in the current market

Housing Wire

Rising rates slowed the rate-term refinance train in the fourth quarter of last year, according to the CoreLogic report, moving the market toward purchase loans — and increased mortgage-fraud risks. The data for the GSEs and finance companies for 2014 represents only a partial-year reporting, so it was not used for comparison.).

Mortgage 396
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Still Using a Clipboard and a Tape Measure? Get an Inside Look at Tech-Enabled Valuation Solutions

Appraisal Buzz

I was named in the NMP 40 under 40 in 2014 for my involvement in the real estate valuation sector. However, the 70H/1004H is also gaining traction as the GSEs have made it acceptable for trained data collectors to physically inspect a property to save the appraiser time and additional expenses.

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Knock reverses course on loan officer pay cut

Housing Wire

Founded in 2014 by Black, a founding member of real estate listings site Trulia , Knock helps consumers bid on a new home by fronting a cash offer. More broadly, the mortgage refinancing gravy train has skidded off the tracks for several lending companies. It began 2021 in 14 markets and is now in 70. Knock does not do refinancings.).