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Mortgage Deferment vs. Forbearance: What’s the Difference?

At-risk owners have a number of options, but they all start by calling a lender. Beyond deferment and forbearance, some lenders might offer a loan modification. ..

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COVID-19 Changes How You Can Tap Your Retirement

Tapping a retirement account and using the money for current expenses is generally an unwise move – but it can be done now without paying the usual 10% penalty. ..

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SBA Computer Issues Hold up Small Business Loans

The SBA’s loan processing system stopped working Monday, making it impossible for loans to be approved and funds distributed, according to community bankers. ..

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Florida Realtors Opens E-Signatures for Member Use

As a result of COVID-19 affecting Fla.’s real estate industry, the association’s leadership team approved free eSign assistance to all members using Form Simplicity. ..

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Requests to Delay Mortgage Payments Jump Nearly 2,000%

The Mortgage Bankers Assoc. says requests for mortgage payment delays surged 1,270% during the first half of March and another 1,896% during the second half. ..

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Patience and Luck Needed to Get IRS Tax Liens Discharged

Agents who need IRS tax liens discharged are finding it difficult to get that done – or even receive a response as the IRS shuts down phone lines and juggles a blitz of pandemic-related calls. Electronic tax lien requests reportedly still work if t..

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Start Your New Post-Pandemic Marketing Now

Self-isolation will change people. More buyers will likely be comfortable shopping online, and more will want a home office. Visualize the changes and market to them now. ..

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FREC Approves Live Streaming of CE Courses for Realtors

By emergency rule, FREC approved video conferencing of in-person courses so members may fulfill biennial license requirements, including ones for post- and pre-licensure. ..

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HUD: Extra Relief for Borrowers With FHA-Insured Mortgages

FHA mortgage holders – including those with a reverse mortgage – have temporary eviction protection in place and tools to help at-risk families keep their home. ..

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Best Practices: How to Hold a Virtual Meeting

The nation suddenly found itself conducting most business online, and Realtors new to virtual meetings aren’t sure where to start. There’s an array of products out there, but which one to choose? What equipment do I need? How do I share documents..

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