The ability to look past the now and develop strategies that poise an organization for future success is key to any leadership position in almost any business. It’s true for the mortgage industry and especially the long-term strategies we’ve developed to react to the current low-rate environment brought on by
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The total number of loans in forbearance managed to fall three basis points last week to 4.22% of servicers’ portfolio volume, according to a report from the Mortgage Bankers Association. A drop-off in the number of exits did mark a slower decline than in recent weeks, however, Monday’s data still
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It’s the moment everyone fears: in the frenzy to close a house sale, commitment to fraud preventions falters. Busy professionals involved in the sale override their own cautions about fending off wire fraud by reverting to tried-and-true email addresses to convey the most sensitive financial information. Trying to keep with
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Dallas-based Builders FirstSource Inc., a building material and service provider, announced it has agreed to acquire Cornerstone Building Alliance SW LLC for approximately $400 million, subject to adjustments. The acquisition will be funded through a combination of existing cash and credit facilities and is expected to close around the end
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Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. The company says the round is the largest Series A for a New England fintech and it plans to use the capital to double or even triple its staff
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That’s great news for homeowners but for those trying to buy their first home, the scarcity of homes for sale and accompanying rising prices, are …
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Developed by a subset of the island’s original ownership, these homesites are expected to be made available for sale beginning in early 2022. “Having …
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Nearly 45 percent of all homes sold in April in South Carolina occurred in two areas: Charleston and Myrtle Beach. Just under 10,000 homes changed …
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Supply remains low, and high demand from low interest rates and job flexibility, among other factors, has led to steady increases in listing prices. Sales …
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The heated housing sales market in Huntsville cooled off a notch last month, according to the latest report from the Alabama Center for Real Estate.
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The commercial and institutional investors snapped up 14.9%, or roughly one in seven, of all home sales. Such investors are holding close to the 16.1% …
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The sales agreement is contingent on the developer obtaining low-income housing tax credits. Pulte part of Plantation project. Pulte Homes could build …
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