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FHA institutes new payment supplement partial claim

Housing Wire

The new option Partial claims are interest-free loans from HUD that borrowers use to make their payments current, with the remainder of the late payments added to the principal and extended for 30 years. During this period, the mortgage will not be modified, facilitating the sale to Ginnie Mae. million COVID-19 loss-mitigation actions.

Principal 375
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Mr. Cooper exits reverse servicing space with sale to MAM

Housing Wire

Mortgage servicing, origination and transaction-based services company Mr. Cooper Group announced on Tuesday the sale of its reverse mortgage servicing portfolio – operating under the Champion Mortgage brand – to Mortgage Assets Management (MAM). The sale of Champion.

Sales 386
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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

A national research study conducted by Brand Builders Group found that some 74% of all Americans and 85% of millennials aged 35 to 44 say they are more likely to trust someone who has an established personal brand. Follow these tips to differentiate yourself from the pack and enhance your professional brand.

Agents 376
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Reverse purchase financing: The financing option no one is talking about

Housing Wire

That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. For real estate professionals, this option presents an opportunity to capture more sales. They have been able to reach sales goals with relative ease for over a decade.

Finance 428
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Introducing the 2023 Women of Influence!

Housing Wire

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Lending 370
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Investing in Success: Strong Branding and a Robust Online Presence

RIS Media

Frank Polsinello, principal of RE/MAX Hallmark Polsinello Group Realty, is well known for his exceptional work ethic and sharp negotiation skills. Working toward moving out of sales production altogether, they were able to focus on growing their team and scaling their business. “Amy was incredible from start to finish.

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Meet the cast of ‘Buying Beverly Hills,’ a brand new real estate series coming to Netflix this fall

Fancy Pants Homes

While leading The Agency, Mauricio handled the sale of various celebrity megamansions, including that of the iconic Playboy Mansion and the Walt Disney Estate. Over the years working at The Agency, Farrah helped close more than $386 million in real estate sales, and she’s constantly ranked as one of the top-producing agents in L.A.