Lenders encouraged to establish AI compliance foundations promptly.
Colorado's AI Act aims to oversee AI system development and usage, emphasizing regulations for high-risk classifications to ensure ethical practices in the sector.
Kevin Ryan of Better expands role at Houlihan Lokey during executive reshuffle.
Several senior executives from Better's control and finance teams have departed or secured new positions amidst the company's ongoing financial challenges.
Diane Yu Discusses AI’s Influence on Mortgage Industry Employment
Diane Yu encourages mortgage professionals to embrace a "mindset of abundance" in the face of potential AI-related job losses, emphasizing innovation and resilience.
Connecticut Cities Raise Fines on Landlords of Blighted Properties
Connecticut cities are intensifying efforts against blight by increasing fines for landlords of neglected properties, impacting neighborhood revitalization initiatives.
Appeals Court Decision Allows CFPB to Reduce Workforce by 90%
A federal appeals court has permitted the CFPB to proceed with plans to reduce its staff by 90%, impacting regulatory oversight in the mortgage industry.
Rejig.ai Joins LeadingRE’s Preferred Vendor Program
Discover how Rejig.ai enhances digital marketing for real estate professionals with automated tools, including AI-generated avatar videos, to boost engagement.
Future Introduces Alpha: An In-House AI System for Mortgages
Future Mortgage is beta testing its in-house Alpha platform, with a rollout planned for all brokers in early 2026, enhancing service efficiency and access.
Foreign Transactions in Texas Residential Real Estate Increased by 9%
International buyers are increasingly investing in Texas real estate, with notable interest from Mexico, Canada, and China, highlighting a growing market for lenders.
New Western President Discusses Partnership with PadSplit
Discover how PadSplit's innovative model transforms single-family homes into shared living spaces, offering private lenders unique investment opportunities.
Redfin reports agent commissions have risen since the NAR settlement.
Buyer’s agent commissions are increasing, as highlighted by Redfin data. This trend follows the recent NAR commission lawsuit settlement, impacting private lenders.