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Homestreet enters agreement to merge with Mechanics Bank

Housing Wire

Mechanics Bank and HomeStreet Inc. Under the terms of the merger which was unanimously approved by the boards of directors of both companies HomeStreet Bank will be merged with and into Mechanics Bank. Webb, chairman of the board of directors of Mechanics Bank, said in a statement.

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Truework appoints Randy Lightbody to newly-created head of mortgage role

Housing Wire

.” With more than 35 years of experience spanning mortgage banking and financial technology, Lightbody most recently served as chief revenue officer at Computershare Loan Services. Lightbody also previously served as CEO of New York-based RECOVCO , a national due diligence firm.

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From consultation to closing: The definitive homebuying checklist

Housing Wire

This typically includes: Recent pay stubs Last two years tax returns Recent bank statements Proof of any additional income or assets Discuss the budget Once you have the mortgage pre-approval, have an open conversation about your client’s financial situation. Negotiations: Prepare your clients for the possibility of counteroffers.

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2025 will be a year of Non-QM player diversification

Housing Wire

In the 16 years since the peak of the Global Financial Crisis, the structured products industry has transformed from a market dominated by large banks to one with space for new players. But insurance companies arent the only players taking note of the potential here, and we could see banks re-enter the non-QM space.

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How to Find Cash Home Buyers in Macon for a Hassle-Free Home Sale

HomeLight

Do your due diligence Carefully evaluate cash-for-home companies before committing to any offers. Always request proof of funds, such as a bank statement, to ensure they have the financial capability to complete the transaction. You can also contact your local office, the BBB serving the Fall Line Corridor, Inc.

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10 Best Real Estate Markets for Investors in 2025

Marco Santarelli

My recommendations are based on publicly available data, but you should always conduct your own thorough due diligence. Fortune 500 Hub: Charlotte is home to the headquarters of nine Fortune 500 companies, including Bank of America and Duke Energy, further solidifying its strong financial and energy sectors.

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How to Find Cash Home Buyers in Stockton for a Hassle-Free Home Sale

HomeLight

Do your due diligence If you’ve found a cash buyer you’re considering selling your house to, it’s important to thoroughly vet that company or individual to make sure they’re legitimate. Ask the cash buyer for proof of funds—this could be a bank statement or an official letter from the financial institution showing the account balance.