Tue.Dec 08, 2020

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Stewart Title acquires notarization provider NotaryCam

Housing Wire

Stewart Information Services Corp. announced it will broaden its digital offerings with its acquisition of NotaryCam , a top online notarization provider and mortgage eClosings solutions provider. “Stewart and NotaryCam have been partners for years in the digital and eClosing space, leading innovation and change for real estate closings across the country,” Stewart CEO Fred Eppinger said.

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8 Characteristics of a Successful Real Estate Appraiser

McKissock

So, you’re interested in becoming a real estate appraiser. But how do you know if you’re a good fit for the appraisal profession? What does it take to achieve success in the industry? To help answer these questions, we’ve outlined eight characteristics of a successful real estate appraiser. If you possess all or most of these personality traits, chances are, you’d make an excellent appraiser.

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Mr. Cooper, U.S. Bank and PNC Bank settle DOJ servicing case

Housing Wire

On the same day that Mr. Cooper announced it had reached a $91 million settlement over claims about it illegally foreclosing on borrowers, the Justice Department announced separate settlements over servicing errors with Mr. Cooper , U.S. Bank and PNC Bank. In all, the Justice Department said the three lenders didn’t comply with federal bankruptcy procedures, which affected a total of 76,000 accounts beginning in 2011. “The failure of mortgage servicers to comply with those requiremen

Finance 404
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You Could Win $500 in Our State of the Real Estate Profession Survey

McKissock

McKissock Real Estate is now seeking participants for the 2020 State of the Real Estate Profession survey. Your insights will help us produce our third annual State of the Real Estate Profession report that will feature actionable insights on how to grow your real estate business. You will also be automatically entered to win one of three $500 VISA gift cards at the end of the survey.

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Digital lender SoFi contemplating IPO

Housing Wire

Digital lender SoFi is the latest firm to explore an independent public offering , according to a new report. SoFi, headquartered in San Francisco, has held talks with a number of blank-check companies to go public, according to CNBC. The lender was last valued at $4.8 billion after a funding round last year. While it is best known for refinancing student loans, the startup also offers a variety of other financial products, including personal loans, small business loans, home equity loans and mo

Mortgage 423
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Assessing the Impact of COVID-19 on: Warehouses

Willowbrook Valuation

Over the last several months, this blog series has outlined the impact of COVID-19 on various property types across the country. As you might expect, it was difficult to find reasons for optimism for some industries in such an uncertain time. Luckily, that’s all behind us! In this blog, we discuss the shining star of […]. The post Assessing the Impact of COVID-19 on: Warehouses appeared first on Willowbrook Valuation & Advisory Services.

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LIBOR is being phased out in 2021. What now?

Housing Wire

Mortgage lenders are preparing for the end of LIBOR , which is set to be phased out by the end of 2021. Financial institutions have been searching for alternatives since regulators in the United Kingdom stated that LIBOR cannot be guaranteed beyond next year. LIBOR is commonly used in setting the interest rate for many adjustable-rate consumer financial products and its end will affect adjustable and variable rate loans, reverse mortgages, credit cards, home equity loans, and adjustable-rate mor

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RedfinNow launches in San Francisco and Seattle

Housing Wire

Redfin announced on Tuesday that its iBuying arm, RedfinNow, has entered the Seattle and San Francisco metro housing markets. RedfinNow most recently launched in Sacramento in October. “We’re all spending more time at home than ever before and many of us are dreaming of a home with a larger yard, a dedicated office, maybe even in a new city,” said Quinn Hawkins, head of RedfinNow. “Yet at the same time, the idea of selling your home before you’ve found a new place t

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Biden chooses Rep. Marcia Fudge as HUD secretary

Housing Wire

As inauguration day grows closer, President-elect Joe Biden has announced his choice to lead the U.S. Department of Housing and Urban Development : Rep. Marcia Fudge, D-Ohio. Fudge will leave her role as Representative for Ohio’s 11th congressional district to serve on the cabinet if confirmed. Fudge is likely to be one of the few members of Congress chosen to serve on the cabinet, as Democrats lost significant ground in the House during the 2020 election, and control of the Senate remains to be