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UWM expands DSCR offerings to real estate investors

Housing Wire

Dubbed “Investors Flex,” the non-QM product for real estate investors, offered purchase and refinance loans up to $2 million that could be used to finance up to 20 properties by using each property’s monthly rental income to qualify. billion in mortgage loans in the first quarter of 2022, a 29.7%

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Check out these nine downloadable real estate prospecting letter templates to help you make an impression in your neighborhood or zip code. My name is (your name), and I’m a licensed real estate professional with (your brokerage). Please think of me as your go-to resource for all things real estate.

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Real estate tech firm Prevu raises $6 million in Series A

Housing Wire

Real estate tech firm Prevu announced a Series A financing round Thursday of $6 million. billion in real estate transactions over the past six years. “In In October 2022, Prev u acquired mortgage technology assets from shuttered real estate startup Reali.

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11 real estate events & conferences to help you thrive in 2024

Housing Wire

While your online presence is crucial to your success, each real estate event or conference on our list can help you stay current with the latest market, tech and industry trends, build your skills and expertise, and expand your referral network. What we love: We are biased but The Gathering pulls from a wide net. Link to register 2.

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Investor Sentiments Predict Tight Inventory, Inflation into 2022

Appraisal Buzz

The latest edition of the RealtyTrac Investor Sentiment Survey has confirmed something many investors already knew: the real estate market is in a worse place than it was a year ago. The post Investor Sentiments Predict Tight Inventory, Inflation into 2022 appeared first on Appraisal Buzz.

Inventory 195
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Private-label securities are in demand as investors bet Fed peak is reached

Housing Wire

And so [investors] can start having greater conviction in the future path of interest rates and in the health of the mortgage market.” The pool of non-QM borrowers includes real estate investors, fix-and-flippers, foreign nationals, business owners, gig economy workers and the self-employed.

Investors 421
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Anywhere Real Estate appoints its first ever chief product officer

Housing Wire

Real estate brokerage and services company Anywhere Real Estate announced last week that it is appointing Tony Kueh as its first chief product officer. According to recent reports, Anywhere’s 2022 Q2 earnings declined by 6% YoY to $2.1 billion, but the company has remained profitable.