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Opendoor opened the door to the instant or iBuying way of buying and selling houses in 2014. The company was the first to use proprietary software that took the individual features of a home to compare it to hundreds of others in an area and make an educated offer to buy a home and make a profit in the same range as a real estate agent’s commission.

The…

Where's iBuying Headed?

Mortgage Banker Magazine asked readers and mortgage professionals to nominate mortgage professionals deserving of the Legends of Lending award. We set out to find the most talented, ambitious and legendary individuals who are achieving excellence and making a difference in the mortgage industry.

We received many nominations. Each was reviewed carefully by…

Cover of the 2022 May/June Edition of Mortgage Banker Magazine

This month I spoke with Yvette Clermont. She is a mortgage consultant with Inlanta Mortgage, in Sarasota, Florida.

When Yvette was a young woman she tried to obtain a mortgage loan. When she met with a lender she was dismissed as being too young and not ready to purchase a home. That experience gave her the motivation to learn and understand how others…

Overcoming Rejection