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MReport

Volatility in Real Estate

A single home is a risky asset, according to the 2019 Unison Volatility Index, but real estate portfolios are still mostly diversifiable. The post Volatility in Real Estate appeared first on theMReport.com.

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Student Loan Debt’s Impact on the Housing Market

A new report out of Dallas and WFAA, states that high levels of student loan debt is hampering the housing market in Dallas-Fort Worth, preventing potential homebuyers from purchasing a home.  “From a practical perspective, somebody coming out of school with heavy student loan debt may simply not qualify for a conventional loan,” said Rick … The post Student Loan …

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Studying Millennials’ Activity in the Housing Market

Millennials are taking full advantage of historically low mortgage rates, causing an increase in refinance activity and times for closing on all refinances increasing in May, according to Ellie Mae’s latest Millennial Tracker.  The report states that closing for all refinances grew from 36 days to 42 days in May. The average interest rates on … The post Studying Millennials’ …

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The Cost of Building a Home

The latest Producer Price Index (PPI) shows that the prices paid for materials used in residential construction decreased 1.1% in June, breaking a four-month trend of increases.  The decrease in the PPI, released by the National Association of Home Builders (NAHB), is only the fifth time in the past two years where home prices fell.  … The post The Cost …

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Planet Home Lending Names New COO

Planet Home Lending, LLC (PHL), a national mortgage lender and servicer, has named Suzy Lindblom COO. Lindblom, who was previously EVP of National Operations, replaces the company’s retiring COO, Michael Kula. The post Planet Home Lending Names New COO appeared first on theMReport.com.

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Churchill Mortgage Opens New Location

Churchill Mortgage, a provider of conventional, FHA, VA and USDA residential mortgages across 46 states, announced its expansion with a new location in Omaha, Nebraska. The post Churchill Mortgage Opens New Location appeared first on theMReport.com.

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AI Foundry Launches Mortgage Document Model

AI Foundry, an artificial intelligence (AI) platform company, recently announced the launch of its mortgage document model, adding new functionality to its Cognitive Business Automation Platform. The post AI Foundry Launches Mortgage Document Model appeared first on theMReport.com.

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ClosingCorp SmartFees Users Receive Natural Disaster Alerts

ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, recently announced that it will provide Natural Disaster Alerts to SmartFees users. The post ClosingCorp SmartFees Users Receive Natural Disaster Alerts appeared first on theMReport.com.

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