The Experiment partners with Freddie Mac to streamline the verification process
experian announced Wednesday that lenders can now access its product, Experian Verify, through Freddie MacLoan Products Advisors Asset and Income Modelers (AIM). According to the company the goal is to provide an efficient and streamlined verification process to mortgage lenders and borrowers. “This collaboration will help lenders obtain income and employment verification more quickly and […]
What are Rental Portfolio Loans?
in this article This article was submitted by Kiwi. Read our Editorial Guidelines for more information. If you are a real estate investor looking to grow your portfolio, you will be aware of the difficulties of obtaining sufficient funds. You may have to meet stringent eligibility criteria, offer a personal guarantee, and face complex debt […]
Freddie Mac delays 2022 Q4 results by a week
A week after canceling its quarterly earnings results without explanation, Freddie Mac disclosed a fourth-quarter net profit of $1.76 billion on Wednesday. The figure was a sequential gain on the $1.3 billion in net income reported in the third quarter of 2022, although it represented a 36% decline from a year earlier. Officials at the […]
What is Semi Detached House? (February 2023)
you + sharing it = us as best friends If you’re looking for a new home, you may be familiar with the term “semi-detached.” But, what is a semi-detached house? And, when comparing semi-detached versus townhouse, what’s the difference? What is a semi-detached house? A semi-detached house is a type of dwelling similar to a […]
A Listing Must Have Plenty of High-Quality Photos: So Find a Good Photographer
It is safe to say that most real estate agents are not professional photographers. However, most carry smartphones with them – phones with cameras. It’s all too tempting to skip the expense of a professional photographer and take listing photos with that handy dandy iPhone. So, while your clients work hard to get the house […]
What is Tucson known for? 15 Ways to Get to Know Tucson
As the second largest city in Arizona, Tucson Noted for its desert landscape, which includes the iconic saguaro cactus, as well as its vibrant Mexican-American culture and delicious cuisine. But there’s a lot to learn about this unique city, from its thriving arts and culture scene to its historic sites and outdoor activities. In this […]
The Ultimate Guide to Buying a Second Home
in this article There are many reasons for wanting a second home. Whether you’re taking the leap into real estate investing and need a property that can cash flow each month or you just need a place to live the summer, second homes are a mainstay in the classic “independence” lifestyle. However, buying a second […]
Wells Fargo makes another layoff in home lending business
Wells FargoLargest depository mortgage lender in the US, The correspondent channel on Tuesday issued pink slips to employees in its home lending business following its decision to exit. “I can’t provide any specifics, but we announced strategic plans in January to create a more focused home lending business,” Tom Goyda, senior vice president of consumer […]
Water not coming out of the shower head (Feb 2023)
you + sharing it = us as best friends One of the most annoying things that can happen in the shower besides no hot water is your shower head not working properly. The shower head may become clogged with minerals, or it may stop working due to an internal failure. In any case, it means […]
International Real Estate Client Niche, Part Two – A Deep Dive
Recently, we discussed how working with international real estate clients can be a lucrative field. We also looked at how to enter the niche. Here in Part II, we dive deeper into that topic. build a team International real estate clients count on you, as a native, to help them navigate the foreign waters of […]
