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Realtor Calls for Greater Efficiency in Short Sale Processing

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A South Florida real estate professional is encouraging lenders and industry participants to examine ways to improve the efficiency of short sale processing, noting that lengthy approval timelines can create additional financial pressure for homeowners while increasing operational costs for financial institutions.

Edward Goldfarb, a Realtor® with United Realty Group and more than three decades of experience in real estate, has spent much of his career assisting homeowners and lenders with distressed property transactions. Through this work, he has observed how delays in the short sale approval process may affect multiple parties involved in a real estate transaction.

A short sale typically occurs when a homeowner owes more on their mortgage than the current market value of the property and is unable to sell the home for enough to fully repay the outstanding loan balance. In these situations, the homeowner’s lender may agree to accept a reduced payoff amount to facilitate the sale and avoid foreclosure.

According to Goldfarb, the short sale process is intended to help mitigate losses for lenders while providing homeowners with an opportunity to resolve financial hardship. However, he notes that the process can sometimes take several months before approval is granted.

“In many cases, real estate professionals, homeowners, and lenders all share the same goal of resolving distressed property situations in a way that minimizes financial loss and avoids foreclosure,” Goldfarb said. “Improving communication and streamlining the review process may help achieve that goal more efficiently.”

Real estate agents who assist with short sale transactions often work closely with homeowners to prepare documentation required by lenders. This may include financial disclosures, hardship letters, purchase offers, and other materials necessary for lender evaluation. Agents may also coordinate property showings, negotiate offers, and assist with the collection of documentation needed to complete the transaction.

Industry analysts have noted that successful short sales can help lenders reduce the additional expenses often associated with foreclosure proceedings. These costs may include legal fees, court filings, property maintenance, insurance, and other expenses that can accumulate over time.

Research across the real estate industry has suggested that foreclosure-related expenses can significantly increase the total cost of resolving distressed properties. In many cases, short sale agreements can provide an alternative resolution that reduces prolonged legal processes and helps bring properties back to the market more quickly.

Goldfarb believes that improved collaboration between lenders, agents, and homeowners could further enhance the effectiveness of short sale transactions. He suggests that consistent communication and timely updates throughout the process may help reduce delays and improve outcomes for all parties involved.

Among the ideas he has proposed are regular progress updates during the lender review process, clearer timelines for document review, and continued collaboration between agents and lenders when a short sale transaction does not proceed as planned.

“Short sales can serve as an important tool within the real estate market,” Goldfarb said. “When the process works efficiently, it can benefit lenders, homeowners, and real estate professionals by helping resolve distressed property situations in a more timely manner.”

As housing markets continue to shift in response to economic conditions and interest rate changes, industry professionals say that maintaining effective loss mitigation strategies will remain an important component of the real estate ecosystem.

Goldfarb hopes that continued discussion among lenders, agents, and industry organizations will lead to practical improvements that support both financial institutions and homeowners navigating distressed property situations.

About Edward Goldfarb

Edward Goldfarb is a Realtor® with United Realty Group based in South Florida. With more than 36 years of experience in residential real estate, he has specialized in assisting homeowners and lenders with distressed property transactions, including short sales and foreclosure prevention strategies. Goldfarb holds several certifications related to distressed property transactions and has participated in real estate conferences and educational seminars addressing market challenges and solutions.

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Edward Goldfarb

United Realty Group

Email: [email protected]

Website: http://Stop4ClosuresNow.com

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AD Mortgage’s Non-QM AUS Named 2026 Game Changer Award Winner

Fort Lauderdale, FLAD Mortgage, a leading wholesale lender in the United States, has been named a 2026 Game Changer Award winner by PROGRESS in Lending for its Non-QM Automated Underwriting System (AUS), recognizing a major advancement in mortgage technology that brings automated underwriting to one of the industry’s most complex and historically difficult-to-automate segments. The Game Changer Awards […]

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AD Mortgage, a leading wholesale lender in the United States, has been named a 2026 Game Changer Award winner by PROGRESS in Lending for its Non-QM Automated Underwriting System (AUS), recognizing a major advancement in mortgage technology that brings automated underwriting to one of the industry’s most complex and historically difficult-to-automate segments.

The Game Changer Awards recognize new solutions and advancements to existing technologies that address meaningful industry challenges and improve the mortgage lending process. AD Mortgage was the first lender in the industry to launch an automated underwriting system specifically for Non-QM lending, bringing automation to a segment that has historically been difficult to automate due to complex borrower profiles, alternative income documentation and flexible program guidelines..

Integrated directly into AD Mortgage’s AIM Partner Portal, Non-QM AUS gives brokers a faster path to pre-approval by automatically evaluating Non-QM scenarios and generating loan-specific conditions. This allows brokers to quickly determine whether a borrower may be a fit, bringing greater speed, consistency and clarity to a process that has traditionally relied heavily on manual review.

Non-QM lending requires flexibility, but that shouldn’t mean brokers have to sacrifice speed or clarity,” said Max Slyusarchuk, CEO of AD Mortgage. “We built Non-QM AUS around the way our partners actually work, giving them technology that helps simplify complex scenarios and provides clearer direction earlier in the process. Being recognized as a Game Changer validates the work our team has done to solve a real challenge in the Non-QM market.”

Key highlights include:

  • Named a 2026 Game Changer Award winner by PROGRESS in Lending
  • Built specifically to support complex Non-QM scenarios, including Bank Statement, DSCR and ITIN programs
  • Integrated directly into the AIM Partner Portal, allowing brokers to access automated underwriting within their existing AD Mortgage workflow
  • Provides automated loan decisions and program-specific conditions to give brokers greater clarity earlier in the process

 

The recognition comes as mortgage professionals increasingly look to lenders for technology that integrates more effectively into their existing workflows. AD Mortgage’s recent Technology in the Mortgage Industry survey found that 82.2% of mortgage professionals consider technology integration highly important, while 33.5% said they expect to adopt technology with lender support. These findings reinforce the growing demand for connected technology that helps brokers manage the lending process more efficiently.

The Game Changer Award further supports AD Mortgage’s focus on becoming The Lender of Choice by developing technology around the needs of its broker partners and addressing areas of the mortgage process where greater automation can have a meaningful impact.

For more information, please visit www.admortgage.com.  

About AD Mortgage

As a premier direct mortgage lender, AD Mortgage offers a full spectrum of Conventional, Government, and Non-QM loan products with 24-hour turnaround times and some of the most competitive rates in the industry. In addition to their AD Power Jumbo loan product, AD Mortgage offers programs for Prime borrowers, Foreign National borrowers, as well as borrowers with imperfect credit histories. Programs with no income verification are also offered for investment property loans.

The company offers free concierge services, bank statement reviews, marketing tools and resources, and more to support the brokers they serve. In 2025, AD Mortgage received several prestigious industry awards, including HousingWire Vanguard Award, PROGRESS in Lending’s Lending Luminary Award, National Mortgage Professional’s Legend of Lending Award, HousingWire Industry Titan Award. This year, the company was also featured in CBS, Bloomberg, and Inc., underscoring its growing influence and leadership in the mortgage industry.

AD Mortgage is an Equal Housing Lender. NMLS ID #958660. 899 W Cypress Creek Rd, Fort Lauderdale, FL 33309. For important disclosures and state licensing information:
https://admortgage.com/important-disclosures/

Media Contact Details
Andy Restrepo
AD Mortgage, LLC
Email: Send Email
Phone: (645) 240-2300
Website: admortgage.com

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FLuxury NEV Maker SERES Reports 2026 First-Half Results: Revenue of 57.493 Billion Yuan, AITO Deliveries Increased 10.2% YoY

Chongqing, ChinaLuxury NEV Maker SERES Reports 2026 First-Half Results: AITO M9 Retains Top Ranking in RMB 500,000+ Segment.

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Luxury NEV Maker SERES Reports 2026 First-Half Results: AITO M9 Retains Top Ranking in RMB 500,000+ Segment.

SERES (Stock Code: 9927.HK) announced its interim results today. In the first half of 2026, SERES reported the revenue of RMB 57.493 billion (~$8,525,941,682.90 USD) and R&D investment of RMB 7.007 billion (~$1,039,105,167.10 USD), increased by 34.8% YoY. AITO, the luxury brand of SERES group, deliveries grew 10.2% YoY in the first half, with the all-new AITO M9 and AITO M6 both launched and commencing deliveries during the period. The AITO M9 led the RMB 500,000+ vehicle segment in sales for two consecutive months.

 

55473500472 5d8723de0b w 1 FLuxury NEV Maker SERES Reports 2026 First-Half Results: Revenue of 57.493 Billion Yuan, AITO Deliveries Increased 10.2% YoY

AITO M9

 

SERES Reports RMB 57.493 Billion in First-Half Revenue, Demonstrating Operational Resilience

SERES stated that it maintains a healthy financial structure, sufficient cash reserves, and relatively low debt pressure, providing strong risk resilience and a solid foundation for sustainable growth. At the same time, improved asset utilization efficiency has helped reduce operating leverage risk, further strengthening the company’s financial resilience.

In the capital markets, SERES has leveraged a range of measures, including cash dividends, share repurchases, and shareholder share purchases, to enhance shareholder value and protect investor interests. As of July 2026, cumulative share repurchases exceeded RMB 587 million (~$87,049,752 USD). Meanwhile, directors, senior executives, and key team members completed share purchases totaling RMB 148 million (~$21,947,724 USD) within just three trading days, demonstrating confidence in the company’s long-term growth prospects.

AITO M9 Cumulative Deliveries Surpass 300,000 Units, Leading the Luxury Vehicle Segment

In the first half of the year, the all-new AITO M9 and AITO M6 achieved deliveries at scale, further expanding AITO’s luxury product portfolio and strengthening its leading position among luxury automotive brands in China. The flagship AITO M9 also ranked as the best-selling model in the RMB 500,000+ vehicle segment for two consecutive months, with cumulative deliveries surpassing 300,000 units. With the AITO M9 Ultimate set to begin deliveries soon at a starting price of RMB 600,000 (~$88,977.18 USD), the model is positioned to drive further growth in the luxury market.

Meanwhile, AITO’s brand value has also continued to strengthen. According to Brand Finance’s 2026 Automotive Industry 100, AITO achieved a brand value of US$3.448 billion, ranking among the Top 10 luxury automotive brands globally and standing as the only Chinese brand on the list.

R&D Investment Reaches RMB 7.007 Billion (~$1,039,105,167.10 USD), Accelerating Innovation and New Business Development

SERES continues to increase its investment in technology and accelerate the transformation of technological innovation into products and applications. In the first half of 2026, SERES’ R&D investment reached RMB 7.007 billion (~$1,039,105,167.10 USD), increased 34.8% YoY. Leveraging a unified, platform-based technology foundation, SERES continues to advance innovation across underlying architectures, core systems, user experiences, AI, and intelligent digital applications, strengthening the technological foundation for its long-term growth.

SERES continues to focus on the luxury intelligent electric vehicle segment, with technological innovation at the core of its growth strategy. Its proprietary innovations, including the SERES MF Platform 2.0, next-generation Super Range Extender, and intelligent safety technologies, are being progressively integrated into its products, strengthening the technological foundation for efficient product development and scalable deployment. Beyond automotive technologies, SERES is also accelerating its expansion into emerging fields including embodied intelligence and robotics. Its humanoid robots are already being deployed in diverse scenarios, from industrial manufacturing to service applications, opening up new avenues for business growth.

 

55474892985 8bb3341cd9 w FLuxury NEV Maker SERES Reports 2026 First-Half Results: Revenue of 57.493 Billion Yuan, AITO Deliveries Increased 10.2% YoY

One of the SERES production plants

Overall, SERES has built comprehensive strengths across product competitiveness, brand value, and its industrial ecosystem, driven by its continued progress in the luxury segment, strengthening brand value, and forward-looking expansion into emerging businesses. With new products continuing to expand the portfolio and new business initiatives moving toward commercialization, SERES is positioned to generate stronger growth momentum in the second half of the year.

About SERES Group

Founded in 1986, SERES is a technology-driven company with new energy vehicles (NEVs) at the core of its business. Listed in Shanghai and Hong Kong, SERES is also recognized among China’s Top 500 Enterprises. The company specializes in the R&D, manufacturing, sales and service of new energy vehicles, as well as core electric powertrain technologies.

The name SERES is derived from the ancient Greek word for the “Land of Silk”, symbolizing the East, sophistication and luxury. Inspired by the spirit of the Silk Road, SERES is committed to building a luxury automotive brand that brings Chinese innovation to the global stage.

About AITO

The AITO brand is built on the philosophy of “Intelligence Redefining Luxury.” With outstanding intelligent features and refined luxury quality, it has become the top-selling Chinese luxury car brand in China in 2025. The AITO lineup surpassed one million cumulative deliveries in just 46 months, setting a new delivery speed record for Chinese luxury new energy vehicle brands.

 

Media Contact Details
Maria Jopis
HiGuide / Byte PR
Email: Send Email
Phone: +34667242368
Website: www.bytepr.com

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Bed Bug Exterminator Expands Bed Bug Heat Treatment Service to the Orlando Metro Area

Orlando, FLBed Bug Exterminator (BBE), a Florida company that treats bed bug infestations, has expanded its service into the Orlando metro area. The company now covers Orange, Osceola, and Seminole counties, working from its existing office in Winter Garden. Service is available in Kissimmee, Sanford, Apopka, Winter Park, and Oviedo.     The expansion follows a rise […]

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Bed Bug Exterminator (BBE), a Florida company that treats bed bug infestations, has expanded its service into the Orlando metro area. The company now covers Orange, Osceola, and Seminole counties, working from its existing office in Winter Garden. Service is available in Kissimmee, Sanford, Apopka, Winter Park, and Oviedo.

 

bed bug exterminator expands bed bug heat treatment service to the orlando metro area Bed Bug Exterminator Expands Bed Bug Heat Treatment Service to the Orlando Metro Area

 

The expansion follows a rise in bed bug activity across Florida. In a 2026 Top 50 Bed Bug Cities list, Tampa entered the ranking for the first time at No. 46 and Miami placed No. 47. The list is based on Orkin treatment data collected between May 2025 and May 2026. Experts agree that many of the worst cities for bed bugs are also popular travel destinations, and that the insects often travel home with visitors in luggage.

Orlando fits that pattern. According to Visit Orlando, the region drew a record 75.3 million visitors in 2024, more than any other destination in the United States. High visitor volume moves large numbers of people through hotels and short-term rentals, which gives bed bugs regular opportunities to move between properties.

“Orlando has been on our list for a while, and the numbers made the decision for us,” said Allan Bossel, Operations Expert at Bed Bug Exterminator. “This market’s AirBnbs and hotels are full of travelers visiting Disney, Universal, and everything else Orlando has to offer. That’s tens of millions of guests which means a guaranteed movement of bed bugs into the market. People need someone who can treat the problem reliably the first time.”

Warm weather adds to the problem, because bed bugs develop faster in warmer conditions. Ohio State University Extension reports that bed bugs develop from egg to adult in about 21 days at 86°F, compared with about 120 days at 65°F. Florida’s climate

keeps conditions in that faster range for much of the year.

Bed Bug Exterminator treats infestations with heat rather than repeat chemical spraying. The company heats the interior of a property to approximately 140°F, a

temperature that bed bugs and their eggs do not survive. As that temperature is maintained over a period of hours, the heat reaches into wall voids, mattress seams, and furniture where sprays often miss. Most treatments are completed in a single visit, which the company markets as its “1 Day & Done” service.

Bossel founded Michigan Bed Bug Specialists before joining Bed Bug Exterminator, and he brings more than a decade of experience in pest extermination and laboratory work to the role.

“We treat bed bugs and nothing else,” Bossel said. “We have built the company around one excellent service, and we plan to hold the Orlando work to the same standard as the rest of our Florida coverage.”

Residents and property managers in the Orlando area can request an inspection or a no-obligation quote by phone. Allan Bossel is available for interviews on bed bug activity in Florida and on heat treatment.

About Bed Bug Exterminator

Bed Bug Exterminator eliminates bed bugs in a single visit across Florida — including Wesley Chapel, Largo, Winter Park, and Hudson — and throughout Maryland, including Gaithersburg, Germantown, and Columbia, all backed by our guarantee. 

Media Contact Details
David Quentero
Email: Send Email

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