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Movement taps Brady Yeager for national sales director role

Housing Wire

Movement Mortgage has tapped Brady Yeager to join the team as national sales director, a role that will lead the expansion of Movement across the country. In his role as national sales director at Movement, Yeager will focus on the company’s growing sales team. and is licensed in 50 states.

Sales 310
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FinCEN expands GTOs of all-cash home sales yet again

Housing Wire

The GTOs require title companies to identify the people behind shell companies used in all-cash purchases of residential real estate. Treasury Department, announced last week that it will again be expanding its Geographic Targeting Orders (GTOs). The new requirements are effective through mid-April 2024.

Sales 351
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FinCEN expands GTOs of all-cash home sales again

Housing Wire

The GTOs require title companies to identify the people behind shell companies used in all-cash purchases of residential real estate. The new requirements go into effect on May 24, 2023 and are effective through October 21, 2023. real estate market to launder money.

Sales 283
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Video marketing platform Roomvu launches in the U.S. 

Housing Wire

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. And social video generates 1,200% more shares than text and images combined, according to Forbes.

Marketing 346
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The CCIM Designation: Is It Worth It for Residential Agents in 2020?

The Close

After 26 years of being a residential real estate agent, managing broker, and real estate coach, I too have wondered if there is a massive benefit for me to get my CCIM designation. OK, let’s start at the beginning: What Is a CCIM Designation? Making the Transition From Residential Agent to Commercial Agent.

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HUD seeks public comment on updates to reverse mortgage documents

Housing Wire

The first is for the HECM anti-churning disclosure, which is designed to protect borrowers from unnecessary loan refinancing. HUD also seeks to transition away from the discontinued Fannie Mae Form 1009, the residential loan application for reverse mortgages, to Form 1003, the Uniform Residential Loan Application (URLA).

Mortgages 334
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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. in a deal valued at $500 million in cash and retained interest.

Sales 382