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The crypto-mortgage is the new kid on the block

Housing Wire

The crypto-mortgages originated by LoanSnap so far are more akin to home-equity loans as opposed to home-purchase or rate-and-term refinance loans. In addition to crypto-mortgages, LoanSnap is a full-stack mortgage company that originates traditional mortgages as well. It’s an open platform. To date, LoanSnap has originated about $7.3

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Figure Acquisition Corp. I plans merger with mortgage bank

Housing Wire

The special purpose acquisition company announced Friday that it signed a non-binding letter of intent with the privately held $3-5 billion asset holding company with nationwide residential mortgage lending and servicing operations. “We Figure Technologies raised $1.6

Banks 383
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Top Tips and Considerations For Buying Land

Realty Biz

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Careful due diligence is necessary to ensure you don't make any significant mistakes. Zoning determines land use, such as residential, commercial, or agricultural.

Land 127
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Is Real Estate Crowdfunding a Good Investment?

Marco Santarelli

You can invest in residential, commercial, industrial, or mixed-use properties, as well as debt, equity, or hybrid deals. Real estate crowdfunding is a way of investing in real estate projects without having to buy, manage, or sell properties yourself. But is real estate crowdfunding a good investment?

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Cecilian Partners Successfully Raises $11 Million in Series A Funding Round

Realty Biz

Cecilian Partners, a proptech firm that offers comprehensive digital solutions for home builders and land developers, has successfully raised $11 million in its first institutional equity round led by Resolve Growth Partners. We are grateful to the team at Resolve and ready to accomplish meaningful growth and customer expansion."

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Ask Brian: How Do Real Estate Developers Make Money?

Realty Biz

We think there might be good money to be made by developing the acreage into a residential development with large lots (1/2 acre each). You’ve stated that your goal is doing this by developing residential houses, so I assume you know that the property is zoned for this. Ask Brian is a weekly column by Real Estate Expert Brian Kline.

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Big non-agency players prepare for a blockchain future

Housing Wire

Morgan announced that it had settled its first tokenized transaction involving money-market fund shares as collateral — with plans to eventually pursue blockchain-based transactions for tokenized collateral involving equities and fixed-income securities, which include mortgage-backed securities (MBS). Even though J.P. You don’t need it.”.

Equity 392