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Mortgage tech firm TRAiNED hires two executives from Sales Boomerang

Housing Wire

Mortgage tech firm TRAiNED Inc. TRAiNED named Mark Cunningham, a co-founder of Sales Boomerang , as its new CEO. Department of Homeland Security and title insurance company Charter Title. It aims to save clients an average of 15 hours per week on labor.

Training 435
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Brokerage executives double down on their lead generation strategies

Housing Wire

Meanwhile, a customer relationship management system, along with experts in marketing, sales and other areas, are designed to support these teams, he said. “If Djon Luxury Real Estate is expanding its sell-side business, training buyer-side real estate agents on the necessary contracts and selling their value to the consumer.

Brokerage 380
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Reverse purchase financing: The financing option no one is talking about

Housing Wire

2 However, these potential clients will also face challenges — namely market volatility, unpredictable interest rates and limited purchasing power due to increasing debt. That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans.

Finance 464
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HECM vs. HELOC: What are the advantages?

Housing Wire

Unlike HELOCs, reverse mortgages and jumbo reverse mortgages are designed specifically to help seniors manage their cash flow. A HECM is insured by the Federal Housing Administration (FHA) 2 and cannot be frozen or reduced at any time. The borrower simply needs to pay taxes, insurance and keep up to date on home maintenance.

Insurance 430
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7 money moves to make now for a prosperous 2024

Housing Wire

7 money moves for a prosperous New Year Use these seven tips to save money, get additional tax benefits and make the most of your insurance , credit cards, retirement accounts and more. Here are a few to consider: Education: Costs for continuing education , training, books and conferences.

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How reverse mortgages could improve financial stability for older homeowners

Housing Wire

HousingWire: As interest rates rise and borrowing becomes more expensive, how can offering reverse mortgages help lenders provide clients with a stable cash flow in an otherwise volatile market? CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans.

Mortgage 417
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

With Wise Pelican, you can try both — it’s a fantastic resource for beautifully designed postcards and letters. Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. The same quantity of printed, inserted, stamped and mailed letters are $1.38