Check out this story on desertsun.com: https://www.desertsun.com/story/money/real-estate/2019/04/08/palm-springs-area-home-sales-fell-and-median-prices-rose-march-heres-why/3369900002/.
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Why are Texas’ mortgage closing costs the highest in the nation? – Origination fees to lenders and brokers were the biggest costs, followed by fees for closing and document prep. Such expenses are estimated when applying for a loan and even when shopping for mortgage.
Mortgage Broker Sweetwater DML Mortgage was founded by David M. Lichtman. He is a graduate of Michigan State University, Univer sidad de Denia and Universidad Extremadura, Spain. David began his mortgage career as a.
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FOS rulings tell lenders to extend interest-only terms indefinitely – The Financial Ombudsman Service has told mortgage lenders in at least two cases to extend interest-only terms indefinitely for older borrowers. The FOS has today published a number of case studies.
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U.S. Commercial, Multifamily Mortgage Debt Reaches $3.5 Trillion – According to the Mortgage Bankers Association’s latest Commercial/Multifamily. the first such drop in seven years. New York Brokers Gaining Confidence in Early 2019, Says REBNY The Real Estate.
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$1.2 billion scheme allegedly utilized discredited brokers across the country – The Securities Exchange Commission says the scheme originated with a company called the Woodbridge Group, which sold so-called first position commercial mortgage notes. the door refused to comment..
The future of real estate: A consumer model – A select group of influential real estate professionals gathered in April in the desert of Palm Springs for the 2019 edition of Inman. less intimidating and more inviting to the consumer. Mortgage,
Brokers Get Big Commissions for Selling Entrepreneurs Costly Loans – Some observers and executives in the industry worry that brokers are steering costly loans to small businesses that can’t afford them. “It’s a direct parallel to what happened in the subprime mortgage.
National Health Investors Enter Property JV with Discovery Senior Living in $128M Deal – NHI, headquartered in Murfreesboro, TN is the managing member and will own 97.5% of the joint venture equity and Bonita Springs, FL-based Discovery. NHI has committed to a senior mortgage loan of.
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