Sun.Dec 04, 2022

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About one in 12 mortgaged homes purchased in 2022 are underwater

Housing Wire

Home price corrections exposed a growing pocket of equity risk concentrated among purchase mortgages originated in 2022, Black Knight said in its latest mortgage monitor report. Of all homes purchased with a mortgage in 2022, 8% are now at least marginally underwater. Of the 450,000 underwater borrowers at the end of the third quarter, nearly 60% of the mortgages originated in the first nine months of 2022, according to Black Knight.

Mortgage 382
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Year-End Tax Tips and How to Owe Even Less in 2023

BiggerPockets

If you talk about how to avoid taxes, most people will think you’re doing something fishy in the eyes of the IRS. Very few know you can use the tax […].

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How to hire more efficiently in the new year

Mortgagebroker News

Pensions, remote work some of best enticements

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The iBuyer Massacre and Why Most Will Never Survive

BiggerPockets

Zillow, Opendoor, and other iBuyers made quite a name for themselves over the past two years. By buying up every house on the block, iBuyers quickly became the “no work, […].