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NAR Submits Comments to VA on Allowable Fees; Urges GSEs and Regulators to Confirm Support for Buyer Financing
In ongoing efforts to address housing policy and lending concerns surrounding the recent National Association of REALTORS®’ (NAR) settlement, NAR issued two letters this week to both the Department of Veterans Affairs (VA), GSEs and regulators. The letter to GSEs was also sent on behalf of the Mortgage Bankers Association (MBA), delivered to the Federal…
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Q&A With Rocket Homes CEO Doug Seabolt: Is the Industry Changing?
Above, Doug Seabolt Doug Seabolt, CEO of Rocket Homes, spoke to RISMedia in the days before the National Association of REALTORS® (NAR) chose to settle seller commission lawsuits and make significant changes to real estate compensation practices. While the focus is now on those immediate policy shifts, Seabolt was already envisioning an evolving real estate…
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MBA: New-Home Mortgage Applications Surge Nearly 16% in February
Homebuyers are continuing to turn to new construction as the antidote for a continued lack of existing homes for sale. Mortgage applications for newly built homes jumped 15.7% in February from a year ago, according to data from the Mortgage Bankers Association’s (MBA) latest Builder Application Survey. While new-home mortgage applications only rose 1% from…
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Why a Shift From ‘I Have to’ to ‘I Get to’ Can Make All the Difference
In our industry and world right now, there’s a lot that feels heavy and/or overwhelming. And for many, that can mean a dip in motivation and a slide into “I don’t want to” thinking. That’s never going to help anyone succeed or lead a better life, right? I learned a really valuable lesson a long…
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