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Buttigieg would be “positive” for housing, Cowen says

Pete Buttigieg, a leading Democratic presidential candidate, would be a “positive” for housing, according to Cowen Washington Research Group.  There’s a caveat: “There is very little known about how Buttigieg views financial firms or housing,” Jaret Seiberg, managing director for…

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Mortgage Tech Rundown: Nexsys, Origence, and Keller Williams

Nexsys Technologies, a provider of technology solutions for mortgage origination and closing, announced the launch of a new solution that digitizes communication between mortgage lenders and homeowners insurance companies. The solution, Clear HOI, enables insurers to instantly verify coverage, resulting in dramatically…

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Seller’s market: Prices are still going up, housing inventory keeps falling

if(typeof(jQuery)==”function”){(function($){$.fn.fitVids=function(){}})(jQuery)}; jwplayer(‘jwplayer_MaEGnRgU_2RuqXW7O_div’).setup( {“playlist”:”https://content.jwplatform.com/feeds/MaEGnRgU.json”,”ph”:2} ); As mortgage rates remain low, homebuyer demand has risen and that’s leading to fewer and fewer houses being on the market. The supply of homes for sale fell 9.1% year over year in October, the biggest…

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Survey: More multifamily housing needs smart technology

A new survey from Xfinity Communities says that integration of smart technology into multifamily housing is quickly becoming a necessity. With this integration, there is potential to be environmentally responsible and can improve profitability, the report says. The report surveyed 200…

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CFPB to consider changing or eliminating TRID rule

The Consumer Financial Protection Bureau has been taking a long, hard look at some of the rules and regulations it has in place. And next up on its list to review is the TILA-RESPA Integrated Disclosure rule, or TRID, and…

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Here comes Truist: BB&T, SunTrust merger approved

BB&T Corp. and SunTrust Banks just got the approval they need in order to merge into Truist Bank and form the sixth largest bank in the U.S. Earlier this month, the Department of Justice signed off on the $66 billion…

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