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Roof AI powers its sales assistant with OpenAI technology

Housing Wire

This is designed to keep user engaged on brokerage sites, foster trust and enhance their overall experience. Founded in 2015, Roof AI developed its technology from scratch, creating proprietary algorithms to serve local real estate and mortgage professionals.

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GAO highlights reverse mortgage counseling in new report

Housing Wire

Department of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM) counseling program was cited as an example. Among a series of 24 examples of federal financial literacy programs for these groups, the U.S. The reports contain similarly limited outcome information for other financial literacy programs.”

Mortgage 443
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Change Lending keeps CDFI certification after agreement with US Treasury 

Housing Wire

Department of Treasury that would keep the firm certified as a Community Development Financial Institution (CDFI). The CDFI certification is a designation given by the Treasury Department CDFI Fund to specialized organizations that provide financial services to low-income communities and people who lack financing.

Lending 435
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Homepoint COO Lisa Patterson to speak at Spring Summit

Housing Wire

Patterson has led Homepoint’s third-party originations business since 2015. She has also led the development of Homepoint’s Customer For Life program, which was designed to empower the company’s mortgage broker and correspondent partners to improve customer retention. Bank Home Mortgage.

Design 311
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Review of MMI Fund’s reverse mortgage book sheds light on evolving HECM

Housing Wire

Department of Housing and Urban Development (HUD) set the HECM limit at $625,500, an increase from $417,000. Changes in financial markets, retirement needs, and long-term care needs will affect borrowers’ participation in the HECM program, how they use HECM loans, and the innovation in product design. In 2009, the U.S.

Mortgage 435
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Freddie Mac launches 9th STACR series offering in 2022

Housing Wire

The STACR-DNA series is designed for reference-pool mortgages with loan-to-value (LTVs) ratios ranging from 60% to 80% while the STACR-HQA series is designed for high LTV loans (80% to 97%), according to the agency. Since 2016, Freddie Mac has issued $29.8 billion of guaranteed certificates and approximately $3.6 million.

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The Portland Pearl District Condo Market – The Last 10 Years (2015-2024)

Portland Appraisal Blog

Except for one small townhome development, the neighborhood has no other housing type. PEARL DISTRICT SUMMARY STATISTICS Taking the 35,000-foot view, we can see the average yearly prices have been steadily declining since 2016: Average prices this year are essentially the same as they were in 2015. penthouse unit on the 27th floor.