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REwired

HousingJobs: Why the job market for loan officers is promising

The numbers show a rewarding career as a LO
Job hunting can be frustrating. At HousingWire, we want to make the process easier for job seekers in the industry. Our new service, HousingJobs, lists the latest gigs in the housing industry for loan officers, underwriters, processors, loan servicers, and tech and marketing pros. Check out this monthly blog for the latest job postings along with some industry insight.
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Restarting motor city

After bankruptcy and bailout, fortunes in Detroit-Warren-Livonia, Michigan MSA are turning over again
Five years ago, Detroit, the principal city in the Detroit-Warren-Livonia, Michigan Metropolitan Statistical Area, was declaring bankruptcy with debt estimates as high as $20 billion. This summer, those troubles seem comfortably in the rearview, according to the latest VeroFORECAST, which shows that real estate values in the nation's 14th most populous MSA are predicted to increase at an average of 6.8% over the next 12 months.
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Who would make a great Vanguard?

Nominate someone today!
As the end of 2018 quickly approaches, there’s no better time to honor those top-level company leaders who have had an incredible year. Haley Knighton, the new program manager for the HousingWire Editorial Awards programs, turned to the expert Caroline Basile, HousingWire’s online editor, to get the inside scoop on what makes a great Vanguard.
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Monday Morning Cup of Coffee: Manafort to forfeit $21.7 million in real estate holdings

Plea deal includes five properties and three bank accounts
Welcome to another week. It’s time for your Monday Morning Cup of Coffee. Wake up; smell the coffee; and let’s make some money this fine Monday morning. Monday Morning Cup of Coffee takes a look at news coming across HousingWire's weekend desk, with more coverage to come on bigger issues.
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Closing Call

Taking ID verification to the MAXX

New tool lets lenders validate borrower's identity, character references
With its latest tool, IDMAXX, Pavaso has enabled lenders to achieve two aims with one solution. By leveraging a borrower’s network for both identity verification and character references, lenders can be assured that 1) the borrower is who they claim to be and 2) the total picture they have of that borrower, and the risk that borrower may pose, is accurate and complete.
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Redefining when the mortgage process starts

It's not what you think
Traditionally, there is plenty of jockeying for position amongst the differing players in the real estate transaction, particularly between lenders and realtors, over who owns the relationship with the consumer. Be warned: There isn’t going to be any place for that kind of possessiveness in the post-TRID market.
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The production challenges beyond TRID

Transitioning to a digital space
If the mortgage industry is serious about addressing the longer closing times created by TRID, not to mention attracting millennials as potential homebuyers and/or employees, it has got to get with the times. And the times? They are digital.
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A new era of solutions

Recapping last week's posts and tech progress this year

Solutions exist today that can help with a large majority of the business process shifts that will result from the rule. And the last year has provided an opportunity for them to solve things further.  


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