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Meet the likely buyers of independent mortgage banks in 2023

Housing Wire

The plug-and-play and brokerage routes. Another path to survival for some IMBs, according to Ludden, might be to convert to a brokerage operation. These people have a lot of wealth, and if they are choosing to invest in a different direction, they might choose to take the gains and free up the equity to invest in their newest ventures.

Banks 398
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

How else would you and your clients understand how much is being paid in principal and interest over the years? It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. Due diligence period. Home equity conversion mortgage.

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20 Home Search Apps that Aim to Help You Close the Deal

HomeLight

Type in your address on the site to estimate your home’s value, track equity, calculate potential home sale profit, and view local market trends. The full-service real estate brokerage employs local agents to help customers buy, sell and book a home tour with Redfin’s “Book It Now” feature. Home insurance portals.

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