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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 amendments to the transaction do not change the implied equity value for Better of approximately $6.9 billion, the company said.

HR 354
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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. He sat on numerous industry innovation groups and was a sought-after speaker on Proptech and the multifamily industry.

HR 83
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#266: Ask Paula – Your Real Estate Questions, Answered

Afford Anything

Paul’s parents own a property worth $100,000, and they owe $80,000 on the mortgage. They have $80,000 left on the mortgage, and they want to downsize in a few years. If I’m interested in buying this property, would the bank still expect me to put 20 percent down, given that I’ll have instant equity based on the value of the house?

HR 126
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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 450
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#264: Ask Paula – How Do I Pick the Right Mix of Investments for My Retirement Portfolio?

Afford Anything

A subset of the managed portfolios is an aggressively-managed portfolio with a higher amount of the investment in equities. All of our children have aggressively-managed portfolios, and they’re heavily invested in equities given their young ages. Gusto makes payroll, benefits, and HR easy for modern small businesses.

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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#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. We have $100,000-$150,000 in equity in it and would make $200,000 in cash if we sold it. Should I sell the two rentals?

HR 67