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Better.com’s CEO apologizes, but the fallout continues

Housing Wire

The blowback from the industry has been immense, with many mortgage executives questioning the ethics of firing employees just weeks before the holidays. The reason stems from a recent amendment to a financing agreement between Better’s SPAC partner, blank-check firm Aurora Acquisition Corp. and venture capital company SoftBank.

HR 382
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CAIRN REAL ESTATE HOLDINGS EXPANDS LEADERSHIP TEAM

Realty Biz

Before joining Cairn, Flohr was a General Manager at Berkadia Commercial Mortgage. Feltch will lead all aspects of finance, financial strategy, and accounting. He sat on numerous industry innovation groups and was a sought-after speaker on Proptech and the multifamily industry.

HR 81
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Despite headwinds, these mortgage companies are hiring

Housing Wire

new jobs hiring, housing jobs, recruiting for mortgage industry. Based on the headlines, one might assume the mortgage business is a complete disaster. Some mortgage companies will merge to stay afloat, and many others will go under. Recruiting battles for LOs remain fierce, mortgage executives and LOs told HousingWire.

Mortgages 442
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#264: Ask Paula – How Do I Pick the Right Mix of Investments for My Retirement Portfolio?

Afford Anything

An anonymous listener, whom we call “Mary,” is curious about the auto-rebalancing feature offered by M1 Finance. Anonymous “Mary” asks (at 1:36 minutes): I’m curious about investing with M1 Finance. A subset of the managed portfolios is an aggressively-managed portfolio with a higher amount of the investment in equities.

Equity 78
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#297: Ask Paula – Should I Househack or Pay Off My Student Loans?

Afford Anything

The second option will reduce my rent by $200 per month, and I’d start to build equity sooner. The protected items that are not affected by your expected family contributions are: Home equity. We have a 30-year home mortgage of $200,000 at a 3.5 Gusto makes payroll, benefits, and HR easy for modern small businesses.

Loans 67
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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. Coming up with that amount of money to spend on a single purchase can be daunting, especially for first-time homebuyers, who don’t have equity in an existing home.

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#342: Ask Paula: How to Make Smarter Real Estate Decisions

Afford Anything

And what type of mortgage is she eligible for since she already owns a home? I’m a real estate broker making $150,000 – $200,000 per year with no debt aside from my mortgages. I approach finances conservatively because my income fluctuates. We collect $1,315 per month on the duplex we own, with a mortgage of $637.

HR 67