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Author: buyorsellyourhome

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“LoanDepot’s Road to Recovery: Overcoming Cybersecurity Breach and Restoring Systems”

LoanDepot is still conducting a thorough investigation into a cyberattack that happened at the beginning of January. They have successfully managed to get some systems back online, although these are currently operating with restricted functionalities.

“Patriot Bank Agrees to $1.9M Settlement in Response to DOJ’s Redlining Claims: A Detailed Analysis”

The Department of Justice asserts that Patriot Bank intentionally bypassed the provision of mortgage facilities to predominantly Hispanic and Black communities in Tennessee. However, Patriot refutes any claims of engaging in redlining activities.

“Decoding the Tax Implications: A Comprehensive Guide to House Flipping”

A number of individuals are aware of the inherent costs and dangers associated with the actual procurement, refurbishment, and reselling of real estate for profit, colloquially known as house flipping. However, it often comes as a shock to some investors that there are also tax implications to consider.

“Delving into the World of Fractional Real Estate Investing: A Comprehensive Guide”

Investing in real estate fractionally is a practice where multiple investors hold a stake in one or more properties. This form of ownership allows individuals to make real estate investments with less capital required.

“Unfolding Legal Battles: A Fresh Commission Lawsuit Hits California’s Real Estate Scene”

Another imitation lawsuit centered around commission has recently ensnared real estate brokerages and Realtor associations in Northern California.

“Mastering Real Estate Choices: A Detailed Guide on When to Sell or Hold Properties”

Deciding on property matters can be quite challenging, but it doesn’t have to be that way. This guide simplifies the process, guiding you towards the best choices for your real estate. Whether it’s buying, selling, renting or investing, this manual has got you covered. Make your property decisions with confidence, without any need for external sources!

“An In-depth Analysis: The Unprecedented Rise of Foreclosure Activity in 2023”

The count of foreclosed properties saw a consistent upward trend throughout 2023, marking a year-on-year rise in comparison to 2022. As we welcome the year 2024, it’s a matter of speculation whether this trend will persist. It’s worth pondering on how to interpret these figures.

“Tracing the Journey of Chris Moschner: A Deep Dive into the Reverse Mortgage Industry”

Chris Moschner, the CMO of FOA, has acknowledged an issue in linking older clients with reverse mortgages, and is aspiring to address this marketing challenge.

“Forecasting a Surge: Buffalo Set to Dominate the Real Estate Market by 2024”

A recently released study predicts a significant surge in this particular market by 2024. But what market is it? And is it a smart investment choice?

“Forecasted Dip in Mortgage Rates: Fannie Mae’s Optimistic Outlook for Year End”

A decrease in the rate environment is expected to increase the volume of refinancing, subsequently stimulating the currently stagnant existing home sales market.