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VA picks Veros to provide appraisal management services for VA loans

by blane@housingwire.com | Sep 20, 2019 | Housing Wire

Veros Real Estate Solutions already plays a big role in loans backed by the FHA, Fannie Mae, and Freddie Mac, and now, the company will be deeply involved in VA loans as well. That's because the VA has awarded its Appraisal Management Services contract to Veros....

Airbnb invests $25 million in Bay Area affordable housing

by News | Sep 20, 2019 | Housing Wire

The soaring home prices in the Bay Area have caught the attention of many companies, and several have set out to do something about it. That now includes Airbnb. Earlier this week, the company announced a new community impact investing program that will invest $25...

Compass opens West Coast tech hub 2 blocks from Amazon’s headquarters

by kkhowley@housingwire.com | Sep 20, 2019 | Housing Wire

Compass, a real estate brokerage and tech company, opened an office in Seattle that’s two blocks from Amazon’s headquarters and a mile from Zillow’s main offices. New York-based Compass now has three floors of the new building at 503 Westlake Avenue that will...

Mayopoulos: Treasury’s housing finance plan could prevent disruption in housing market

by kkhowley@housingwire.com | Sep 20, 2019 | Housing Wire

Tim Mayopoulos, the former CEO of Fannie Mae who now is president of Blend, said the Trump administration’s housing finance plan builds on past efforts to reform Fannie Mae and Freddie Mac and has the prospect of freeing the mortgage giants from government control...

Ellie Mae: Low interest rate environment sends refinance activity soaring in August

by Lending | Sep 20, 2019 | Housing Wire

Ellie Mae’s latest Origination Insight report shows that for August, the 30-year note rate dropped for the eighth consecutive month, spurring an increase in the percentage of refinances. According to the report, refinances accounted for 43% of loans during August....

Zillow partners with homebuilders to marry iBuying and newly built home buying

by blane@housingwire.com | Sep 20, 2019 | Housing Wire

Homeowners who want to sell their existing home and buy a newly built home can now do so all in one transaction and wait as long as eight months to move out, thanks to a partnership between Zillow and nearly a dozen homebuilders.
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