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NAF in talks to acquire Draper & Kramer Mortgage Corp.: sources 

Housing Wire

As part of the deal , NAF would acquire the residential mortgage arm of Draper & Kramer , a property and financial services group established in 1893 by Arthur W. If the deal goes through, the companies would have about 2,130 loan officers, which includes 1,884 from NAF and 251 from DKMC, per data collected as of Jan.

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HUD’s Use of Convicted Felons to Ramp Up ‘Discrimination Testing’

Appraiserblogs

Few would argue that society doesn’t benefit when convicted felons are rehabilitated and re-integrated. But according to a frequently cited study by the Bureau of Justice Statistics, about two-thirds of released prisoners are arrested for a new crime within 3 years, and three-quarters.

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Preparing Your Borrower for the Appraisal Inspection – Virtual or On-Site

Genworth MI Blog

Loan officers and listing agents are familiar with homeowner anxiety about real estate appraisals. To relieve some of the stress, savvy loan officers educate their borrowers on what to expect from an appraisal inspection and how to prepare. Managing the Visit. Will worn carpeting hurt my value?

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How to Buy a Rental Property: Get Tips from the Experts

PennyMac

Otherwise, you may need to hire a property manager. If you like to be hands-on with the management, you’ll need the property to be close by. Otherwise, make sure to budget for a property management company. Your plan should account for how long a successful investment property will take.

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Preparing Your Borrower for the Appraisal Inspection – Virtual or On-Site

Genworth MI Blog

Loan officers and listing agents are familiar with homeowner anxiety about real estate appraisals. To relieve some of the stress, savvy loan officers educate their borrowers on what to expect from an appraisal inspection and how to prepare. Managing the Visit. Will worn carpeting hurt my value?

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Get ready to be gouged on home appraisal fees

Chicagoland Appraisal Blog

Anyway, I was comfortable with the fee and it was accepted by the AMC (Appraisal Management Company) that the lender hired to manage the appraisal ordering process. My Thoughts: I think this is a GIANT step backward and goes directly against ensuring public trust.

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Buying a Second Home – What You Need to Know

PennyMac

Determine if you need partners like a property manager, potential travel costs and any other expenses that are relevant to your goals and the property you’re investing in. Connect with a Pennymac loan officer today. Overspending or overestimating what you can take on can lead you down a slippery slope.

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