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NYCB to sell $5B in mortgage warehouse loans to JPMorgan

Housing Wire

The transaction is subject to due diligence, negotiation of definitive terms and other closing conditions. The sale is expected to close in the third quarter of 2024. On Tuesday, NYCB said it entered into a commitment letter with JPMorgan. market share, according to Inside Mortgage Finance (IMF) estimates. billion; 5.7%).

Loans 318
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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. What does due diligence mean in residential real estate? That’s why we’ve put together this guide to due diligence for a homebuyer. Free Homebuying Due Diligence Checklist. And it’s true!

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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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Meet The Real Estate Tech Entrepreneur: Anthony Romano from CREtelligent

GeekEstate

Our CRE due diligence platform and services expedite transaction times for all participants in the commercial real estate ecosystem. Our goal is to empower the CRE industry by solving the time-consuming due diligence processes ruled by manual, disconnected practices. What problem does your product/service solve?

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Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Housing Wire

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Market conditions have certainly trended downward for residential or commercial real estate. CRE firms are also suffering through the highest interest rates seen in years.

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How Blockchain Technology Is Revolutionizing The Property Market

Realty Biz

Smart contracts can also improve due diligence, save on costs, and reduce the likelihood of fraud, payment disputes, and many other issues. While blockchain has already been used in sectors like finance and logistics for many years, the technology is now being leveraged within the real estate sector. Blockchain in real estate.

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AI Assists Real Estate Research, but Humans Make Investment Decisions

Propmodo

The post-pandemic climate has yielded a precarious commercial real estate market. The performance of due diligence is key to making a successful real estate investment—in any market. So, wouldn’t it be nice to be able to ask your chatbot to scour the market and find a property that’s a good investment? Can AI solve this problem?