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Feds seek to enlist real estate agents in anti-corruption push

Housing Wire

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents.

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loanDepot promotes David Smith to vice president of national VA lending

Housing Wire

loanDepot has appointed David Smith to the newly-created position of vice president of national VA lending, the company announced on Monday. In this role, Smith, a former Army sergeant, will oversee the lender’s VA lending strategy. Smith’s promotion follows the departure of Patton Gade , the nation’s top VA loan originator in 2022.

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Deephaven Mortgage offers hands-on training to help brokers gain expertise with non-QM product offerings

Housing Wire

With more hopeful homeowners searching for non-traditional lending solutions, brokers are looking to partner with wholesale lenders that can offer unique options. Deephaven offers great, hands-on training that quickly gets brokers comfortable with the process and submitting loans. Tom Davis, Chief Sales Officer.

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How one real estate company is navigating the industry’s shift to B2B transactions

Housing Wire

Consumers have flipped the script on lenders and real estate agents when it comes to the home-buying process. Ninety percent of consumers start their home search online and many get prequalified for financing before they even reach out to a real estate agent. It’s a perfect circle of success.”

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Will a Part-Time Real Estate Agent Salary Be Enough for You?

McKissock

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. How much is a part-time real estate agent salary?

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What mortgage lenders need to know about wholesale

Housing Wire

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HousingWire: What role has wholesale lending historically played in the mortgage ecosystem?

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A Seller’s Market: What Does It Mean for Appraisers?

Appraisal Buzz

One excellent resource is local real estate agents. Faster Turnaround Times In a seller’s market, the lending institution and homeowners may demand faster turnarounds to push the sale through before the market fluctuates. In a low inventory situation, numerous people may be interested in a single listing.

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