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Four secrets to mastering client retention

Housing Wire

There have been numerous studies done on client retention over the years, and while the exact figures vary, most suggest that it can be anywhere from five to 25 times more expensive to acquire a new client than to keep an existing one. Set, and stick to, client retention goals. Repeat client business doesn’t happen by accident.

Clients 284
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5 activities real estate agents should do every morning

Housing Wire

Regularly update content, share valuable insights about the local market, and interact with potential clients. Make sure you’re ready to share new listings and that potential clients can easily contact you through your platforms.

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LendArch hires Karthik Kumar, TCS’s former head of mortgage

Housing Wire

LendArch has over 30 clients, including lenders and broker firms. Clients include several top 10 lenders in the country. LendArch has a consulting arm to develop a plan for clients, for example, to reduce costs and improve their underwriting. closed thousands of loans without proper documentation, among other misdeeds.

Mortgage 370
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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

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New Jersey bill seeks to require face-to-face counseling for reverse mortgages

Housing Wire

law refer to practices that may adversely affect one group of people within a protected class more than another, even though rules applied are ostensibly or formally neutral. Downey has had personal experience with disabled clients who had to shoulder high costs to reach an in-person counseling appointment.

Mortgage 441
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Loan mod scheme from 2009 finally gets settled at $4.6M

Housing Wire

Kourouklis ran a company called Summit Development Solutions USA, LLC , which provided mortgage modification services to clients of ALG. Despite charging high fees, the defendants did little or nothing to help clients obtain loan modifications, the DOJ said. Per the consent order, the defendants must pay close to $4.6

Law 370
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Making the dream of homeownership a reality for underserved communities

Housing Wire

As part of Davis’ roadmap, advisors worked with her to help her develop a financial plan. When a client is nearly ready to get a mortgage, organizations like HomeFree-USA might offer to refer them to a lender, like Citi, that can advise the client on options when it comes to a home loan.

Clients 397