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In wake of scandal, LOs say continuing education programs get failing grade?

Housing Wire

If you’re a mortgage loan officer with a decade of experience in the industry, you have likely spent over 80 hours taking continuing education courses. Teaching by the book. In short, they say, the classes are not particularly relevant, and represent a big missed opportunity. Cutting class.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Some homebuyers are intimidated by foreclosed and bank-owned homes because they often require more renovations — and a different type of negotiation — than other options on the market. Additionally, it's possible that the property has gone through non-permitted renovations. Step 6: Make an Offer.