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Report: Foreclosure Activity Trends Increasing

“The silver lining of this trend is that it’s usually local or regional investors seeking to purchase commercial REO properties, often to launch new concepts or businesses,” said Michael Krein, President of the NRBA. “They keep the community moving forward by getting these properties back into the market and retail sectors.”

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FHA to Enhance Its 203(k) Rehab Program

Proposed changes to the 203(k) Rehabilitation Mortgage Insurance Program have been drafted to expand FHA-insured mortgage financing for the purchase or refinance of single-family homes in need of repair or rehabilitation.

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Managing Today’s Tech Trends in Mortgage Servicing

MortgagePoint had the opportunity to chat with Gagan Sharma, Founder and CEO of BSI Financial Inc., to discuss the evolution of technology in the servicing space, as AI, machine learning, and other advances become more commonplace in the borrower experience.

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Where Can U.S. Renters Get the Biggest Bang for Their Buck?

As apartment rentals become increasingly hard to come by, spurring widespread competition, a new RentCafe report revealed which U.S. cities offer the most space for the national rent average of $1,700, giving Americans the opportunity to get the best bargain for their money.

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