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Announcing the 2024 Class of Rising Stars!

Housing Wire

The Rising Stars award recognizes the emerging leaders in the industry who have demonstrated rapid career growth and an ability to lead, achieving remarkable milestones all before the age of 40. HousingWire is excited to announce this year’s Rising Stars, representing the next generation of leaders in mortgage and real estate.

Principal 422
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Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Housing Wire

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? A significant opportunity To be sure, there are title agencies eager to partner with CRE principals and funds. Market conditions have certainly trended downward for residential or commercial real estate.

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New Wave sues Sprout for defaulting on $32M purchase of mortgages

Housing Wire

15, 2022, for the purchase of 51 loans, with a total principal value of $32,864,270. After accepting Sprout’s written offer, the parties started the due diligence process. Learn how updating your mortgage technology stack can help you get ahead in today’s unpredictable lending environment. 20, 2022, to Feb.

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New Wave sues Sprout for defaulting on $32M purchase of mortgages

Housing Wire

15, 2022, for the purchase of 51 loans, with a total principal value of $32,864,270. After accepting Sprout’s written offer, the parties started the due diligence process. Learn how updating your mortgage technology stack can help you get ahead in today’s unpredictable lending environment. 20, 2022, to Feb.

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Fannie Mae unveils $997M reperforming loan offering 

Housing Wire

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. million in unpaid principal balance; pool 2 is at $342.5 The reperforming-loan sale is slated to close by late October 2022, after due-diligence period.

Loans 371
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LauraMac appoints Rick Seehausen as chief strategy officer

Housing Wire

LauraMac, a provider of mortgage loan review SaaS technology, has appointed Rick Seehausen as its chief strategy officer. Seehausen’s professional career spans nearly three decades in the mortgage industry. Launched in 2019, the company’s technology serves companies that acquire assets in the secondary market.

Loans 283
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Meet the likely buyers of independent mortgage banks in 2023

Housing Wire

trillion in volume, according to industry forecasters. With such a drastic downturn, the pressure for industry consolidation increases dramatically. Hale, founder and CEO of California-based Mortgage Advisory Partners , said that level of consolidation in the IMB industry “would not shock me.” trillion to $1.7 trillion.

Banks 396