Better funds $1B in mortgages in Q3 but still $54M in the red
Having pivoted from refinancing to purchase loans, CEO Vishal Garg says investment in AI technology and partnerships with retailers like NEO Home Loans will fuel cost-effective growth
by Matt Carter Nov 13
Homebuyer challenges offer an opportunity for lenders: JD Power
Survey finds lenders that have remained staffed up and invested in digital processes that streamline the mortgage process are crushing their competitors on customer satisfaction
by Matt Carter Nov 12
Restb.ai lands deal with New England's largest MLS
In partnership with Restb.ai, the 39,300-member MLS PIN will equip itself with new ways to work faster, better serve buyers and sellers, and push its own boundaries in data capture and accuracy
by Craig C. Rowe Nov 4
Profits roll in at Mr. Cooper as it pursues tech-fueled growth
Deal to acquire Flagstar’s mortgage servicing business later this year is projected to grow Mr. Cooper's customer base to nearly 7M and servicing portfolio to $1.59T
by Matt Carter Oct 23
Smarter AI, agent banking take stage at Real's RISE conference
With a new level of omnipresence indicated by a pulsing, always-on chat environment, the Siri-inspired Leo CoPilot is designed to be at the beck and call of Real dealmakers
by Craig C. Rowe Oct 23
9 ways agents should be using AI to drive real estate sales
Creating content for your website, communicating with your sphere of influence and marketing your latest listing are all easy with the help of artificial intelligence, Luke Babich writes
by Luke Babich Oct 22
How to unlock the power of AI as you build your real estate team
By adopting AI thoughtfully and strategically, Verl Workman writes, companies can enhance efficiency, productivity and innovation
by Verl Workman Oct 15
Mr. Cooper adds to leadership team with eye on technology
Sridhar Sharma, credited with developing Mr. Cooper's patented AI, has been promoted to a new role, and 3 new technology leaders are coming on board from other companies
by Matt Carter Oct 9
Rocket hires Venmo, PayPal vet to lead product engineering teams
Papanii Okai will help the mortgage giant harness artificial intelligence and build out the fintech platform that connects its real estate, credit card and personal finance subsidiaries
by Matt Carter Oct 7
Nation's biggest mortgage lender, UWM, jumping on AI bandwagon
Although it doesn't work directly with consumers, this year UWM has rolled out AI tools to help mortgage brokers serve both homebuyers and homeowners who might benefit from refinancing
by Matt Carter Oct 2
Figure now using OpenAI's GPT to speed HELOC doc review process
When combined with a newly launched chatbot powered by Google Gemini, Figure says AI-powered doc review to save $8M while raising customer satisfaction scores
by Matt Carter Sep 30
Howard Hanna, ListAssist team up on natural language search tool
The tool will let real estate consumers search using everyday language. It's also designed to provide better, more insightful leads to Howard Hanna
by Jim Dalrymple II Sep 30
Sonar by Simplist blends AI to flatten mortgage operations
Sonar can be white-labeled for companies wanting to deliver their own solution to the market and can help smaller firms deliver a competitive software solution to tech-forward consumers
by Craig C. Rowe Sep 27
In home search, Flika puts buyers first: Tech Review
Flika users swipe right on homes they like, and left on those they don’t. The app stands out for its consumer feel
by Craig C. Rowe Sep 27
Title company thwarts scammers who used AI in fraudulent land sale
Apparent scammers attempted to use a video generated using artificial intelligence to carry out the sale of a plot of land before the fraud was uncovered at the closing
by Taylor Anderson Sep 23