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Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

There is constant movement in the mortgage industry with the desire for growth and expansion. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target. Regulatory compliance The mortgage industry is heavily regulated and subject to scrutiny by both State and Federal agencies.

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The biggest challenge for the reverse industry in 2024? Mortgage rates

Housing Wire

That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. Peter Sciandra, who serves as EVP of reverse lending secondary marketing at Fairway Independent Mortgage Corp. I think that’s true from an industry standpoint.

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Is technology the problem, not the solution, in the mortgage industry?

Housing Wire

The mortgage industry has long been promised a technological revolution to streamline workflows, reduce operational costs, and enhance efficiency. This raises a critical question: Is technology failing the mortgage industry, or are we approaching it incorrectly? Continuous improvement and updates keep systems relevant and effective.

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Remodeling industry could benefit from focus on aging in place

Housing Wire

home remodeling industry report that while market conditions are stalling larger-scale remodeling projects, consumers seeking remodeling work are focused on efforts that could serve to increase home values and to future-proof homes for later life and aging in place. Members of the U.S.

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The 4 Most Impactful Actions to Take in Real Estate in 2024

We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground. Most agents understand market dynamics, but it's the ability to effectively communicate and interpret these insights that will set you apart. We’re diving into the reality, not the hype.

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Harvard study suggests inflation, labor shortages threaten remodeling industry

Housing Wire

remodeling industry reached $600 billion in value following the COVID-19 pandemic. But industry fragmentation, inflation and a shortage of skilled trade labor jeopardize the ability of the industry to fully meet demand, according to a new report by the Harvard Joint Center for Housing Studies (JCHS).

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Navigating movement in the mortgage industry series: Post-closing matters are important too

Housing Wire

Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns.