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Keller Mortgage eliminates some operations positions

Housing Wire

The layoffs included closing managers, underwriter managers, processors, post closers, funders, and pipeline management positions who were in the retail channel, employees that were notified of their layoffs told HousingWire. The Mortgage Bankers Association expects loan origination volume to drop more than 35% to about $2.5

Mortgages 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. With some loans requiring as little as 3% down, the initial down payment on the average home could be around $16,300. This is called your down payment.

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#270: Ask Paula – Buy a Home, Buy Investments, or Pay Off Debt? How Do I Decide?

Afford Anything

They also have student loan debt and a car loan. Tracie wants to buy her first rental property, but she has student loans and a car loan to pay off. Should she re-negotiate the price, or ask for credits at closing? We owe $10,000 on student loan debt and we have a $2,000 car loan payment.

HR 60
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Uprooting for Work? Here’s How to Negotiate a Relocation Package

HomeLight

Closing costs: Between 6% to 10% of home sale price. Some relocation packages offer a relocation mortgage , a loan that allows your employer to make financial contributions to your mortgage in various ways. For instance, they may contribute to closing costs or interest rate deductions through buydowns and below-market interest rates.

HR 103
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Despite headwinds, these mortgage companies are hiring

Housing Wire

Purchase-focused lenders that didn’t balloon in size to capture refinancing business during the boom, in particular, are looking to hire loan officers. WesBanco Bank , the second-largest bank headquartered in West Virginia, plans to hire at about a dozen loan originators in 20 major markets this year.

Mortgages 442
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Seven Predictions for 2023: The Grime Edition

Notorious ROB

I think they were kind of forced into it a bit early due to the Jerome Powell housing market, but if that’s true… well, then that’s Opendoor showing out. We aim to increase the number of purchase loans, loans per officer, and Zillow Home Loans customer adoption rate. Ready or not, here they come.

MLS 79
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Introducing the 2021 HW Insiders

Housing Wire

SVP, Secondary Marketing Manager. VP, Closing. Embrace Home Loans. HR Director. AVP Retail Closing. Managing Director, Loan Operations and Transaction Management. Senior Manager of Customer Engagement and Marketing Technology. Loan Processing Manager. Freddie Mac. Andrew Thompson. Angela Leyva.

HR 366