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Homebot home education portal acquires mobile app firm Quo Finance 

Housing Wire

. “Later this year, Homebot’s customers will have the ability to offer a Homebot native mobile app to their millions of engaged clients and attract more first time homebuyers to their pipelines,” Yerneni said. million in seed funding, led by SignalFire in December 2021 to develop the mobile app. Quo raised $7.2

Finance 365
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Narrow Gauge Capital acquires Inco-Check

Housing Wire

“Inco-Check has not only developed proprietary technology to support its clients, it also uses these same tools to provide a highly differentiated service offering, making it a one-stop shop for software and tech-enabled services,” said Michael Detwiler, who partnered with NGC on the acquisition, in a statement. Berkery Noyes & Co.

Logistics 355
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Cenlar FSB taps co-CEOs to replace Greg Tornquist

Housing Wire

Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal. He returned to Cenlar in 2015 as chief risk officer and, in 2019, began an advisory role for the board. year over year, according to Inside Mortgage Finance data.

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ALTA: Protecting property rights with title insurance

Housing Wire

ALTA was proud to work closely with the Consumer Financial Protection Bureau (CFPB) to help develop these regulations, which went into effect in 2015. Having owner’s title insurance means the cost of defense and legal fees that typically would be the homeowner’s responsibility instead are paid by the title insurer.

Insurance 473
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How to Become a Supervisory Appraiser

McKissock

Whatever the reason, supervisors play an essential role in the training and development of future appraisers. In other words, if you have been subject to any disciplinary action within the last 3 years that affects your legal eligibility to engage in appraisal practice, then you are not currently eligible to become a supervisory appraiser.

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FSBO Ethics: What to Consider When Working with FSBOs

McKissock

According to RISMedia , in 2015, the vast majority of FSBOs who couldn’t sell their homes on their own eventually listed with real estate brokerages. Earlier this year, a FSBO seller posted on Zillow’s forum, “REALTOR® says she will not bring clients to my FSBO,” which got 22 comments. However, in-person visits are legal.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. First, the burden on borrowers.