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Real estate brokers who work with lenders can not receive any compensation from the lender for referring a residential client to a specific lender. To do so would be a violation of a United States federal law known as the Real Estate Settlement Procedures Act (RESPA). RESPA ensures that buyers and sellers are given adequate notice of the Real ...
Cole was born and raised in Bozeman, Montana. He earned a bachelor's degree in history from Dartmouth College and received his Juris Doctor degree from Columbia Law School. Cole and his wife, Anne, returned to Billings in 1991, where he practiced law, and she is a professor at the Montana State University Billings campus. [1]
Billings is the most populous city in the U.S. state of Montana, with a population of 117,116 as of the 2020 census. [4] Located in the south-central portion of the state, it is the seat of Yellowstone County and the principal city of the Billings Metropolitan Area, which had a population of 184,167 in the 2020 census. [5]
[10] [7] The initial business model employed full-time, salaried brokers [11] and was focused only on rentals. [12] The service was launched in May 2013. [13] [12] In January 2014, Compass announced it would change its overall business model by contracting independent real estate agents, receiving a portion of the broker commission. [14]
First Federal Savings and Loan, now known as Glacier Bank (a subsidiary of Glacier Bancorp, Inc.) was founded in 1955 in Kalispell, Montana by a group of local businessmen. With a charter costing $150,000 in 1955, the founding directors raised $172,000 from 127 Flathead citizens to officially get the bank off the ground.
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