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Loan buybacks haven’t disappeared, but they are trending down

Housing Wire

The Urban Institute report, published in November 2023, shows that the average number of months from origination to repurchase between 2005 to 2008 (prior to and during the early stages of the global financial crisis ) was 46 months for Freddie Mac and 52 months for Fannie Mae. That’s a much better outcome and solution for the industry.”

Loans 399
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Regulation hasn’t caught up to generative AI

Housing Wire

Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a governance program, industry pros said of AI’s implementation in mortgage lending. Have we developed a model that is in fact fair?

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Underwriter shortage slowing the pace of private-label deals

Housing Wire

They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market. There’s absolutely been cases where you’re hoping to close by a certain date, and it gets pushed out 30 days because of due diligence [needs]. …It

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Cecilian Partners Successfully Raises $11 Million in Series A Funding Round

Realty Biz

Cecilian Partners, a proptech firm that offers comprehensive digital solutions for home builders and land developers, has successfully raised $11 million in its first institutional equity round led by Resolve Growth Partners. This market has traditionally been underserved by technology. Additionally, their client base expanded by 65%.

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7 best real estate schools in Massachusetts for 2024

Housing Wire

Lee Institute Best real estate schools in MA for every stage of your career Overall Rating: 4.2 out of 5 stars Rating: 5 out of 5. out of 5 stars Rating: 5 out of 5. out of 5 stars Rating: 5 out of 5. You’ll have two years from the date you complete your class to take and pass the Massachusetts real estate exam. out of 5 stars Rating: 4.5

HR 370
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Build Your Real Estate Dream Team With Strategic Partnerships

RIS Media

All you have to do is develop the right partnerships with financial or legal firms, other agents and home service providers. You can also work with lenders, mortgage brokers and moving companies to provide next-level service for clients and also develop a steady referral program. Leveraging relationships with other REALTORS®.

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Bulling Real Estate NFTs over the Line

GeekEstate

The technologies enabling this (head-scratching) phenomenon—NFTs, or rather non-fungible tokens—are cryptographic “tokens” that represent something unique, such as a piece of art, music, or other collectible. Arrington signed proprietary-developed legal papers for NFTs to transfer ownership to all future buyers. FUTURE OF NECESSITY.