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A Decade Unlike Any Other: What We’ve Learned

Perhaps no other decade has impacted the housing industry as much as the last 10 years have, but successfully navigating that period has led to a sea of change in terms of innovation. Take a look at what Jason Allnutt, General Manager at Auction.com, had to say about the past and future of Auction.com and the industry as a whole.

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Homes Selling Like Hotcakes

RE/MAX has released its September 2017 National Housing Report, which showed that the continuing trend of restricted inventory and high demand resulted in short on-the-market times.

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All the Single Ladies

As society evolves, so do the trends of homebuying. What was once seen as a rite of passage for married couples is now becoming increasingly more popular with singles and, in particular, single women.

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HLP Announces Help for Those Affected by Harvey and Irma

HLP, a collaborative created in 2009 that engages the key stakeholders who work with families on homeownership, announced Monday that homeowners suffering from property damage due to Hurricanes Harvey and Irma, as well as any other natural disasters, can visit their website and inform their mortgage company about their need for assistance.

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RES.NET Offers New Data Portal

RES.NET, a technology platform allowing mortgage banking companies, vendors, consumers, and other parties to communicate around a transaction, recently launched a component of its server suite--PropertyCure Data Portal.

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Chronos Offers Data Recently Excluded from Credit Reports

Chronos Solutions, a Coppell, Texas-based real estate financial services provider, announced a new offering Thursday aimed at providing lenders information that was recently removed from credit reports. Starting in July, national credit reporting agencies were no longer permitted to include liens and civil judgment data in their credit reports. The change came as the result of a civil action suit that claimed inclusion of lien and judgment data can wrongfully lower a consumer’s credit score by up to 100 points. The company set out to fill the void in lender information by offering a lien and judgment addendum to its Funding Suite Report.

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FHFA HARP Refinance Continue Helping Borrowers

The Federal Housing Finance Agency (FHFA) released its July 2017 Refinance Report, showing that total refinances for the month were down, which the report attributes to the fact that mortgage rates are still higher than they were year-over-year.

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NAR Fights For the Homeowner

The National Association of Realtors’ (NAR) Iona Harrison, Chair of NAR’s Federal Taxation Committee, testified before the Senate Finance Committee Thursday during a hearing entitled “Individual Housing Reform.”

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