Remove mega-contact
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In defense of the individual real estate agent

Housing Wire

I saw a social media post recently by our local ‘mega-agent’ entitled: “Breaking News: Individual Real Estate agents added to Endangered Professions List!”. Do you think Bob would ever give up his successful real estate practice and go to work for the local mega-agent? The mega-agent. The mega-agent is the face of the mega-team.

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Opinion: Agencies are key to fixing housing affordability

Housing Wire

But our members are smaller independent mortgage banks (IMBs), so we have concerns that, if not properly handled, dual compensation simply results in mega Realtor/lender firms that crush smaller IMBs. To contact the editor responsible for this story: Sarah Wheeler at sarah@hwmedia.com Such opportunities may arise.

Sellers 450
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Ginnie Mae should protect smaller issuers

Housing Wire

Ginnie Mae itself has acknowledged that its greatest financial and systemic risk is with its large mega servicer/issuers. CHLA does not pretend to tell Ginnie Mae how to target supervision on the large mega-servicer issuers that service the great majority of their loans.

Mortgage 397
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Gary Keller: Good agents will still thrive in a stormy market

Housing Wire

Gary Keller took to the stage at the 2023 Keller Williams Mega Agent Camp in Austin, Texas , Tuesday morning with his usual bravado: a black-and-white video featuring his favorite animal, the buffalo , in a thunderstorm, alongside a motivational message for agents. “We are the storm,” the text read.

Agents 370
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Why outsourcing is a key resource in a purchase market

Housing Wire

Despite their unique strengths, community lenders face significant hurdles in competing with the industry’s mega-lenders. To contact the author of this story: Brian Simons at brian@himaxwell.com. To contact the editor responsible for this story: Sarah Wheeler at swheeler@housingwire.com.

Marketing 350
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Opinion: IMB risk doesn’t merit regulator alarm

Housing Wire

As a result, we assume that FSOC’s concern is not mortgage lenders per se, but about a small handful of mega mortgage servicers. Regulators should clarify that risks are limited to only a very small handful of mega servicers, and not to the much larger universe of nonbank IMBs.

Mortgage 420
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Opinion: Regulators should focus on banks, not IMBs

Housing Wire

It’s frankly why companies like Wells Fargo today are a shadow of the mega-market dominators that they once were. To contact the author of this story: Dave Stevens at dave@davidhstevens.com To contact the editor responsible for this story: Sarah Wheeler at sarah@hwmedia.com

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