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MORE Seller Financing wants to debunk ‘the bad rap for wraps’

Housing Wire

In an era of high mortgage rates and stagnant home sales , a real estate transaction model is making waves by reintroducing and standardizing a once-popular financing method. We are the very first company in the country to standardize the seller financing process, put a wrapper around it, brand it and call it MORE, Leahy told HousingWire.

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CoreLogic’s John Rogers on AI, climate risk and land development issues

Housing Wire

Rogers met with HousingWire to discuss his new role and cover a variety of topics, including artificial intelligence (AI), climate risk and land development. NP: You work directly with land developers too. This interview has been edited for length and clarity. John Rogers: I’m very fortunate to be in the role.

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Fannie Mae title pilot could save homeowners up to $1,692 per refi

Housing Wire

The Federal Housing Finance Agency had previously estimated that the pilot could save consumers between $500 and $1,500 per transaction. In their analysis, Nigrinis and Zywicki found that borrowers refinancing their mortgage could save an estimated $2.19 billion in total or as much as $1,692 per loan.

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Better, Biz2Credit partner to offer small biz financing via home equity products

Housing Wire

Better.com today announced a new partnership with Biz2Credit , which will provide Biz2Credits customers the option to receive $50,000 to $500,000 in additional financing options through Better.com s Home Equity Line of Credit ( HELOC ) and Home Equity Loan (HELOAN) products.

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Black Friday deals on a new home? Here you go

Housing Wire

For instance, at Lone Star Landing in Montgomery, Texas, M/I Homes is offering discounts ranging from $7,500 to $20,000 on specific properties. But in Greater Austin , the “Holiday of Homes” offers flex cash — which can be used towards design selections or structural options — and financing.

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The Federal Reserve’s housing recession dilemma

Housing Wire

As short-term interest rates decrease, some lending opportunities, such as land purchases and apartment financing, are improving. It’s important to note that remodeling workers comprise a significant portion of the residential construction workforce. If mortgage rates hadn’t dropped from 7.5%

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Treasury halts business ownership information reporting

Housing Wire

Passed in 2021, the CTA aims to combat financial crimes such as tax fraud, money laundering and terrorist financing by requiring certain businesses to file a BOI report with FinCEN. FinCEN began accepting BOI reports from new and existing companies in January 2024. This rule, which goes into effect Dec.

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