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Appraisal Logistics brings 2 new execs on board

Housing Wire

Appraisal management technology and compliance solutions provider Appraisal Logistics has named Anthony Savala as senior vice president of sales and Nicholas Turansky as national account director. Anthony Savala, SVP at Appraisal Logistics. Nicholas Turansky, national account director at Appraisal Logistics.

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Mortgage industry takes another stand against the FHFA’s DTI fee

Housing Wire

It’s been delayed, but that’s not enough for the mortgage industry. “There is a reason the revised general Qualified Mortgage (QM) definition excludes the DTI ratio: Studies demonstrate that as a stand-alone measure, DTI is not a strong indicator of a borrower’s ability to repay.”

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Porch acquires mortgage software firm Floify for $90M

Housing Wire

The firm announced Wednesday that it has acquired Denver-based digital mortgage automation and point-of-sales software company Floify. There are very few companies providing software to loan officers to help improve the borrower experience, and we are excited for Porch to now be one of the major players in this vertical,” he said.

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Carrington looks to attract brokers with new technology

Housing Wire

California-based nonbank lender Carrington Mortgage Services has invested in boosting the growth of its wholesale channel, with the latest announcements including a new loan processing technology and plans to increase the sales team. Department of Agriculture – and non-qualified mortgages (non-QM) loans.

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Benefits of Buying a Home in Atlanta

Assurance Financial

You’ll find lucrative job opportunities in numerous booming industries like financial technology, logistics, health care, information technology and manufacturing. You’ll build equity through mortgage payments while the property’s value rises over time, bringing a gainful return when you sell.

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What Happens to My Mortgage If I Move?

Assurance Financial

There are many factors to consider when selling a home, and you may be wondering what happens to your mortgage when you move. After all, the 2018 American Community Survey found that the median length of time homeowners stayed in their homes was 13 years, a shorter length of time than most mortgage terms.

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Buying a Vacation Home: 4 Critical Factors & Expert Advice

PennyMac

Use our mortgage calculator to estimate how taking on an additional mortgage might affect you. Owning a vacation home may not be all pool parties and sweet ski runs, but if you take the time to consider all of the required needs and logistics, you will make a choice that is right for your budget, time commitment and long-term goals.