Mortgage tech startup Staircase says it has launched a tool that enables mortgage insurers to automate the underwriting of non-delegated mortgage insurance (MI) policies for lenders at about half of the typical cost. Staircase’s mortgage insurance underwriting tool fully automates the non-delegated underwriting process by pulling documents and data directly
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Select Portfolio Servicing Inc. (SPS) has struck a deal to acquire certain assets of Texas-based Rushmore Loan Management Services LLC. The deal, announced Monday, will result in Salt Lake City-based SPS acquiring Rushmore’s servicing personnel. The transaction is expected to close in the fourth quarter of 2022, subject to regulatory approvals. Terms
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Since the announcement of the new capital rule, Ginnie Mae has been on the receiving end of a lot of backlash from industry and the analysts who associate with the mortgage banking marketplace. Despite significant, thoughtful feedback to Ginnie Mae about the impacts of some of their proposals, it seems
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Homebuilder confidence slid again in September, hitting its lowest level since May 2014 with the exception of the spring of 2020 at the onset of the pandemic, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Monday. In September, builder sentiment in the
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China’s property market has slowed sharply in recent months, with prices and sales both falling after authorities stepped in to cut excessive debt …
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Will they pay tax on capital gains when selling property tokens at a gain? Would it be classified as income from real estate or dividend income?
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Farmers National Company is pleased to announce that Paul Schadegg, Western Area Sales Manager, has been promoted to Senior Vice President of Real …
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Three local artists showcase the beauty of this place they call home – northern Michigan. They include Jacquie Auch, Dorothy McGrath Grossman …
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The sale of a 15,700-square-foot home in Paradise Valley, Ariz. for a record-breaking $21 million is one of the transactions profiled in …
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A year after that peak of home selling, Myrtle Beach’s real estate market has finally started to cool off. Rising interest rates and inflation …
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Asbury (Warren County). 229 Garrison Court. $876,000. Avenel. 30 Livingston Ave. $364,900. 680 E Woodbridge Ave. $540,000. 2905 Madaline Drive.
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It was bound to happen. Coming off the sugar highs of 2020 and 2021, the pace of real estate sales is returning to levels comparable to 2019.
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