Thursday, December 7, 2023 | The Latest Buzz for the Appraisal Industry

State Fraud Rankings; New Products from Stonegate, First Cal, and SoFi

By Rob Chrisman

Posted To: Pipeline Press

Looking at things in a different way works very well in marketing as well. Carol Kimball sent along something for Realtors out there: selling a house by installing a miniature roller coaster for buyer’s tours. Thanks Carol! When don’t you want to chant, “We’re #1! We’re #1!”? The answer is when it comes to mortgage fraud , and Florida still claims the top spot . Nevada is #2. Fraud leads to problem properties and loans. The big institutional investors are slowing down their purchases of distressed properties, as they have yet to show the huge profits they promised to their own investors. They have a big backlog of homes to renovate and rent, and skilled construction labor is hard to come by these days. I always suspected that the execution of this trade was going to be more difficult and expensive…(read more)

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Via:: State Fraud Rankings; New Products from Stonegate, First Cal, and SoFi


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