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SRE.com, NAMB roll out new real estate platform

SRE.com, NAMB roll out new real estate platform

by Third Party | Jun 22, 2021 | News/Current Events

Source: MPA —  Mortgage tech provider SRE.com has teamed up with the National Association of Mortgage Brokers to create a new online marketplace that will connect consumers and loan originators. NAMB president Kimber White described the new platform as the...
Real estate listing for decaying, stinky ‘house from hell’ already sold a week after being listed

Real estate listing for decaying, stinky ‘house from hell’ already sold a week after being listed

by Third Party | Jun 21, 2021 | News/Current Events

Source: Fox Business —  Normally, a real estate agent will try to focus on a house’s positive features while trying to sell it. One house in Colorado, however, was in such bad shape that its agent decided that brutal honesty was the best approach.   Read...
What salary you need to buy a Portland-area home, according to estimates

What salary you need to buy a Portland-area home, according to estimates

by Third Party | Jun 21, 2021 | Industry Updates, Mortgage Information, News/Current Events

Source:Portland Business Journal  —    A Portlander needs to earn $86,833 a year to afford a home in the metro area, a number that increased 7.5% since last year, according data from HSH.com. That puts the city at No. 11 among the most-expensive metro areas in...
For Many Home Buyers, a 5% Down Payment Isn’t Enough

For Many Home Buyers, a 5% Down Payment Isn’t Enough

by Third Party | Jun 21, 2021 | Mortgage Information, News/Current Events

Source:The Wall Street Journal —  Would-be home buyers without big piles of cash are getting left on the sidelines. In the turbocharged housing market, prices are surging and homes on the market are routinely selling for far more than the listing price. Those...
HUD Aims to Boost Homeownership for Buyers With High Student Loans

HUD Aims to Boost Homeownership for Buyers With High Student Loans

by Third Party | Jun 21, 2021 | Industry Updates, News/Current Events, Real Estate News

Source:The Wall Street Journal —  The Federal Housing Administration is relaxing the way it assesses student-loan debt when weighing eligibility for homebuying assistance as the Biden administration pushes to help lower-income borrowers and narrow a racial gap...
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