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  • Wells Fargo loosens jumbo lending requirements for current customers July 9, 2020
    Wells Fargo announced updates to is non-conforming refinance products at the beginning of July. While the updates loosen the jumbo requirements for current customers, the new standard for customers without a Wells Fargo relationship increased four times the amount it originally announced back in April. The post Wells Fargo loosens jumbo lending requirements for current […]
  • Wells Fargo names Kristy Fercho as head of Home Lending July 9, 2020
    Wells Fargo has announced Kristy Fercho will join the company as the new head of Wells Fargo Home Lending, beginning in August. The post Wells Fargo names Kristy Fercho as head of Home Lending appeared first on HousingWire.
  • California, Oregon and South Carolina continue to require in-person notarizations July 9, 2020
    While the SECURE Act currently sits in the introductory phase at the senate, states have taken it upon themselves to enact their own legislation of RON. The post California, Oregon and South Carolina continue to require in-person notarizations appeared first on HousingWire.
  • [PULSE] Irrefutable principles of high-performance mortgage and real estate practices July 9, 2020
    Over the next five weeks, Todd Duncan, sales entrepreneur and New York Times best-selling author, will showcase five principles for mortgage and real estate professionals to embrace in order to crush it in business and life. The post [PULSE] Irrefutable principles of high-performance mortgage and real estate practices appeared first on HousingWire.
  • New York City apartment vacancy rates reach record highs July 9, 2020
    According to a new report from Douglas Elliman, Manhattan, New York, has now reached the highest vacancy rate in nearly 14 years of being tracked – 3.67%. The post New York City apartment vacancy rates reach record highs appeared first on HousingWire.
  • Real estate lead generation overload July 9, 2020
    How does a real estate agent wade through all of the lead generation options? It turns out they are having a really tough time. The post Real estate lead generation overload appeared first on HousingWire.
  • How Blend fuels the trillion dollar mortgage market July 9, 2020
    The startup’s platform currently processes over $3 billion in mortgage and consumer loans per day. The post How Blend fuels the trillion dollar mortgage market appeared first on HousingWire.
  • NAR: Nearly half of members say their market is slowly recovering July 9, 2020
    NAR released its Market Recovery Survey on Thursday, which revealed that 45% of members reported their market has slowly entered recovery mode. The post NAR: Nearly half of members say their market is slowly recovering appeared first on HousingWire.
  • 1.3 million Americans file for jobless benefits as virus surges July 9, 2020
    Another 1.3 million people filed for jobless benefits last week while the overall number of unemployed Americans dipped. The post 1.3 million Americans file for jobless benefits as virus surges appeared first on HousingWire.
  • Mortgage rates fall to all-time lows July 9, 2020
    Rates for a 30-year and 15-year fixed mortgage fell to all-time lows this week as a resurgence in the pandemic caused investors to buy more bonds, including mortgage-backed securities. The post Mortgage rates fall to all-time lows appeared first on HousingWire.