Remove 2015 Remove Inventory Remove Legal Remove Loan Officers
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DataDigest: The remarkably resilient agent commission rate

Housing Wire

Unlike loan officers, whose commissions are highly regulated by the government, real estate agent commissions are based largely on long-standing industry practices and market forces. The legal threat that looms largest is what’s known as the “Moehrl case.”

Agents 410
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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

The mortgage loan officer handling the loan? There is administrative time involved, as well as legal factors. From 2015 to 2018, there were 5 significant fires. In September 2015, a fire destroyed nearly 2,000 buildings and killed at least four people. Was it the borrower? A Zillow Zestimate?

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MBA economists: The overcapacity that still needs to be cut

Housing Wire

For example, within these firms, there are occupations such as loan officers, loan interviewers, title-related occupations, and loan counselors that could apply to both mortgage and non-mortgage lending. Source: Bureau of Labor Statistics, Mortgage Bankers Association.

Lending 384
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RESPA enforcement is back — are you ready?

Housing Wire

.” Kickbacks in a shrinking market A shrinking market, defined by high mortgage rates and low inventory levels , appears to have exacerbated the existing mortgage kickbacks problem, industry pros told HousingWire. That’s because real estate agents and loan officers are in survival mode and desperate to close new business.