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Loan buybacks haven’t disappeared, but they are trending down

Housing Wire

ACES Quality Management , a fintech that provides quality-control software for the financial services industry, issued a Mortgage QC Industry Trends report with data through Q3 2023. That’s a much better outcome and solution for the industry.” The problem obviously is bad loans that lead to repurchase and indemnification.”

Loans 360
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Risk of mortgage fraud is on the rise in the current market

Housing Wire

As the housing market enters a purchase-market cycle sparked by rising mortgage rates that have killed off a long-running refinance boom, we can expect to see mortgage-fraud schemes proliferate, industry experts say. Following are some of the DOJ presser headlines for those cases and links to the official releases describing the charges.

Mortgages 375
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Working Distressed Properties: How to Navigate and Win in This Evolving Market

HomeLight

You’ll learn how to prospect for distressed properties, how to approach homeowners, how to work with banks, and much more that will position you as the local expert with solutions to help those in need. We have a great listener question about how to become a bank’s go-to agent and much, much more. Christina: Sure.

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. Here’s a little background on what cash buyers tend to prioritize and look for when they make an offer, according to experts in the real estate and investing industry we spoke with directly.