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Despite headwinds, these mortgage companies are hiring

Housing Wire

new jobs hiring, housing jobs, recruiting for mortgage industry. Based on the headlines, one might assume the mortgage business is a complete disaster. Some mortgage companies will merge to stay afloat, and many others will go under. Bank, Citi and Bank of America looking to expand the ranks of LOs.

Mortgages 442
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Opinion: The pros and cons of VA modernization bill

Housing Wire

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

VA loan 78
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#342: Ask Paula: How to Make Smarter Real Estate Decisions

Afford Anything

And what type of mortgage is she eligible for since she already owns a home? I’m a real estate broker making $150,000 – $200,000 per year with no debt aside from my mortgages. Since we’re purchasing a new home in an inflated market, I’d like to wash out some of that by selling our current home.

HR 67
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The One Business Skill Every Appraiser Needs to Master

McKissock

.” “You can’t make a $100,000 a year doing $15/hr work. Spend more time on recruiting and training (do it well and consistently) and you will grow revenues in any market.” ” Marketing (4%). “Marketing, because without the right marketing, you will not be a well known appraiser or trusted.

HR 96
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#266: Ask Paula – Your Real Estate Questions, Answered

Afford Anything

Paul’s parents own a property worth $100,000, and they owe $80,000 on the mortgage. They have $80,000 left on the mortgage, and they want to downsize in a few years. If I’m interested in buying this property, would the bank still expect me to put 20 percent down, given that I’ll have instant equity based on the value of the house?

HR 126
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On Q Financial to form JV with former New Rez partners

Housing Wire

Arizona-based lender On Q Financial will form a multi-partner mortgage banking joint venture with HomeCo Partners , a consortium of real estate brokerages and a builder, HousingWire has learned. HomeCo Partners had created a JV with New Rez , which is permanently winding down.

HR 393
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Looking to Buy in Philly or Pittsburgh? Consider Down Payment Assistance in Pennsylvania!

HomeLight

Potential homebuyers will need to budget for a down payment, closing costs, monthly mortgage payment, and that doesn’t even include the cost of utilities. So how can first-time homebuyers get into the housing market and craft the most competitive offers? Second mortgage. Forgivable second mortgage.