Pre-approvals fall by the wayside
Staging is key when you’re marketing a home to buyers, but with all the tasks a home seller has to juggle, it might fall by the wayside. So if you’re in a hurry, here are some quick fixes that.
20 Years Later, DocMagic Reflects on eMortgage Evolution 20 Years Later, DocMagic Reflects on eMortgage Evolution DocMagic recently helped a Massachusetts lender close on a series of fully paperless mortgages! DocMagic’s eclosing technology, Total eClose tracked each completely paperless loan process in real time, combining an electronic closing with an electronically signed promissory note and.Record income growth helps homebuyers in poorer cities In a recent analysis, GOBankingRates examined several series of economic data, including each state’s unemployment and change in unemployment rate, personal income and income growth, and total gross domestic product and gdp growth year over year, from 2017 to 2018. In the end, the study identified which states have the strongest economies.
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New data shows lenders are veering away from offering pre-approvals on loans, causing borrowers to lose a helpful tool during the home buying process.. Pre-approvals fall by the wayside.
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Pre-approvals fall by the wayside. October 3, 2013. HousingWire Staff. New data shows lenders are veering away from offering pre-approvals on loans, causing borrowers to lose a helpful tool during.
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The problem is that common-sense income verification fell by the wayside during the housing boom. In the drive to qualify more borrowers, many lenders moved away from these sensible practices. That story ended badly, to say the least. So federal regulators have created new mortgage rules to prevent a return to lax underwriting.
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