"October 2024" Archives

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FHA responds to Helene, Milton by issuing temporary waivers to rehab loan program

The Federal Housing Administration (FHA) this week announced two temporary policy waivers as the response to hurricanes Helene and Milton continues. The FHA’s 203(k) rehabilitation mortgage program currently has a requirement that “when a repair is considered ‘major,’ it becomes ineligible to be financed” as part of the 203(k) limited option, ”if the repairs prevent…

Real launches three new products during its agent conference

The Real Brokerage is keeping attendees of RISE, its third annual agent conference, on their toes. From the RISE stage in Las Vegas, Real unveiled three new products for agents and clients on Tuesday. The first product launched is an upgrade to Leo, the AI assistant the firm first debuted during the summer of 2023….

Housing affordability is a political unifier among swing-state voters

If there’s one word that best encapsulates the current political climate, it might be “polarized.” People who are active in the political process are often tribal about their beliefs on how the country should be run, and that tribalism has manifested into political polarization that seems to be striking everywhere. But with only two weeks…

Dustin Owen offers small-talk tips for connecting with potential mortgage clients

In a recent episode of “The Loan Officer Podcast,” co-hosts Dustin Owen and John Coleman discuss key tips for loan officers when engaging in small talk with prospective clients. Owen and Coleman explore common discussion topics, conversational nuances and best practices for communicating with clients from different backgrounds.  These questions and responses have been lightly…