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Better.com to acquire UK-based digital mortgage brokerage

Housing Wire

The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. Terms of the deal were not disclosed, but the Financial Times reported that SoftBank -backed Better bought Trussle for a “cut-price,” one that values the mortgage brokerage at just $9 million.

Brokerage 359
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Xome names industry vet Mike Jansta COO

Housing Wire

Founded in 2015 as an indirect wholly owned subsidiary of Mr. Cooper Group , Xome is a real estate marketplace that serves mortgage servicers, originators, real estate professionals, financial institutions and homebuyers and sellers.

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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

533 ReBuilt 1,096% 2015 Vertically integrated marketplace helping homeowners sell their unwanted property and real estate investors find great off-market deals. 658 Maxwell 890% 2015 Digitizes the mortgage-origination process for small to midsize banks, credit unions, and independent mortgage lenders. 4,105 FirstCloseFirstclose.

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RESPA enforcement is back — are you ready?

Housing Wire

For lenders and brokerages, the risks of LOs or agents overstepping are high. More vexing for lenders and brokerages is that RESPA rules remain unclear, despite recent guidance from regulators and the existing consent orders. That’s because real estate agents and loan officers are in survival mode and desperate to close new business.

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Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

But for commercial real estate developers, brokerage firms, and appraisers, there’s another story hiding in plain sight. Sold by the Boston Archdiocese to Franklin Grove LLC for $3 million in 2015, one wonders if, despite the current vacancy, the building has increased in value. This scenario is what many real estate developers face.

Appraisal 158
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The Intel About Intel’s Columbus, OH Region Move (and Why Your Business Can Flourish Here, Too)

The Robert Weiler Company

In 2015, the company opened a $50 million research and development center in Solon, and in 2016, it spent another $31 million to expand its Quality Assurance Center in Dublin. And, we have the experience, with nearly 85 years as a full-service commercial real estate brokerage, appraisal, development, consulting, and property management firm.

Business 147
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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract). The market value of these properties will be based on a "comparable sale-based valuation method." November: Control of the New York State Senate flipped. I've added 20-year and 30-year holding period versions using the same variables.