Tag Archives: mortgage

Feds want looser data reporting regulations for smaller lenders

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Federal regulators on Thursday proposed loosening the data reporting requirements that smaller lenders face when making certain types of home loans. Continue reading →

Quicken to allow VRBO short-term rental income for mortgage qualification

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Quicken Loans and vacation rental company Vrbo are partnering to allow prospective buyers to use rental income on primary or secondary homes to qualify for a mortgage.  Continue reading →

General Electric will pay $1.5 billion over subprime lending

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General Electric has agreed to pay $1.5 billion to the U.S. Justice Department over allegations that one of its subsidiary businesses made misrepresentations related to subprime lending. Continue reading →

5 simple tips for setting buyer expectations

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If you’ve ever had stressed out buyers, you know that they can consume your time, resources and energy. Take the time to explain the purchase process and set expectations, and you’ll create a zen buyer experience that your clients will remember forever… Continue reading →

Constellation Real Estate Group adds 12th company to portfolio

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Constellation Real Estate Group has acquired mortgage tech provider Mortgage Builder, adding a 12th company to its rapidly growing portfolio. Continue reading →

Should you be working with this buyer? 3 ways to tell

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One of the most important rules of sales is to not spin your wheels on a dead-end deal — and real estate is no exception. Taking a few extra steps in the beginning to qualify a new buyer beyond financing can help set up both parties for success. Here a… Continue reading →

Fannie and Freddie critic Mark Calabria confirmed as Housing Finance director

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The U.S. Senate on Thursday confirmed Mark Calabria to head the Federal Housing Finance Agency (FHFA), the agency tasked with overseeing the government-sponsored entities Fannie Mae and Freddie Mac. Continue reading →