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[ad_1] The excited and at times nervous first-time homebuyers that James Dunn often represents ask him how that whole process of taking out a mortgage works, and Dunn, a Los Angeles-based real estate agent with eXp, replies with a few trusted names. “There are probably three or four people that I work with,” Dunn said. “Anyone that’s a great communicator will get my attention.” Two hours south in San Diego, clients ask eXp agent Alanna Strei for a mortgage reference. And, after years “looking for the right mortgage partner,” Strei now confidently directs clients to mortgage broker Tim Joy at the Joy of Lending. In July, Dunn and Strei’s real estate brokerage eXp declared that it had formed a mortgage partnership, or joint venture, with the mortgage lender, Kind Lending. Under the business marriage, eXp and Kind Lending each own half of a mortgage company scheduled to launch by the end of the year, titled “Success Lending.” Dunn and Strei are not obliged to refer clients to their employer’s joint venture — such a requirement would be a violation of federal law. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis Exclusive access to the HW+ Slack community and virtual events HousingWire Magazine delivered to your home or office Become a member today Already a member? log in The post Why brokerages and mortgage lenders are rushing into JVs appeared first on HousingWire. [ad_2] Source link

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[ad_1] GM, Ford results likely to reflect chip shortage's varying impacts on sector [ad_2] Source link

[ad_1] Coronavirus Vaccine Registration, Covid-19 India Latest Update, Coronavirus Cases in India Today News, October 25 Live Updates: India logs 14,306 new Covid-19 cases, 443 deaths; Active cases lowest in 239 days; Kerala top contributor; Emergence of new Delta ‘sub variant’ in India triggers the possibility of third wave; In post-festive week, Bengal & Assam see spike in new cases. [ad_2] Source link

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[ad_1] Turkish lira at all-time low 9.85 after Erdogan seeks expulsions [ad_2] Source link

[ad_1] The low-interest-rate the environment is also conducive to investors who want to invest in a real estate property through a mix of own funds and a loan. [ad_2] Source link

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[ad_1] HSBC Q3 profit up 74%, beats estimates, announces up to $2bln buyback [ad_2] Source link