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Mr. Cooper exits reverse servicing space with sale to MAM

Housing Wire

The development is particularly notable due to the recent activity of MAM in the realm of reverse mortgage servicing. Cooper announced the initiation of the Champion sale, the company also announced that it completed the sale of title insurance and settlement services provider Title365 to digital lending software company Blend Labs, Inc.

Mortgage 393
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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Read on for more information about how a home appraiser determines the value of your property. Reviewing / appealing property tax assessment. Tax implications for final probate.

Appraisal 105
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When borrowers ‘ghost’ their servicers

Housing Wire

Goldstone, who is president of Capital Markets & Lending at BSI Financial Services , estimates that between 20% to 25% of borrowers in BSI’s servicing portfolio have been non-communicative, he told HousingWire. So, I don’t expect to see a lot of activity in courts or in the legal system to accelerate the foreclosure process.”.

Law 370
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12 Types of Expert Witness Assignments for Appraisers

McKissock

How are divorce appraisals different from standard mortgage lending appraisals? McKissock’s Unlimited Learning Membership is your one-stop, money-saving solution for all CE plus professional development. Tax appeal. Typically, this would be for local property tax appeals. Bankruptcy. Learn more.

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Say What? Home-Buying Lingo You Should Know

Zillow

Escrow account : An account required by a lender and funded by a buyer's mortgage payment to pay the buyer's homeowners insurance and property taxes. Guaranteed replacement coverage : Homeowners insurance that covers what it would cost to replace property based on today’s prices, not original purchase price, should damage occur.

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26 Reasons to Get an Appraisal

Realvals

By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Estate planning, property tax appeals, divorces, and gifting, are some of the many others. Estate Taxes In some cases, local laws may require appraisals for estate tax purposes.

Appraisal 145
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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property.