Vishal Garg predicts Better’s AI may underwrite 75% of mortgages soon.
Better’s CEO announced that 40% of its current mortgages are underwritten by AI via the Tinman platform, showcasing a significant shift in mortgage processing.
Collaboration Among Realtors in a Challenging Market Environment
"Navigating urgent client requests amidst travel can be challenging for private lenders. Discover strategies to manage time effectively while ensuring client satisfaction."
Compass urges MLSs to revise CCP to mitigate legal risks.
Compass CEO Robert Reffkin criticizes the NAR's Clear Cooperation Policy, sparking debate within the real estate industry and raising questions for private lenders.
Mortgage Rates Remain Steady Amid Deteriorating Economic Outlook
Conforming mortgage rates remain steady, with 30-year rates at 6.79% and 15-year rates rising to 6.58%, impacting lending strategies and market dynamics.
SEC Introduces Significant Update to Reg D Rule 506(c) Compliance Standards
The SEC's update to Rule 506(c) enhances investor verification processes, reducing compliance challenges and facilitating online fundraising for issuers.
REX seeks rehearing in lawsuit involving NAR and Zillow.
Defunct discount brokerage REX Real Estate continues its antitrust fight against Zillow and the National Association of Realtors, challenging industry practices.
Michael Brennan Aims to Build a Lean and Efficient Operation at NMB
Michael Brennan's journey at Movement Mortgage reflects a remarkable career ascent, highlighting significant growth in the Northeast and leadership in the industry.
Fannie Mae’s Increasing Blacklist Is Hindering Home Sales
Condominium owners face challenges selling as properties are blacklisted by Fannie Mae due to insurance and repair issues, complicating buyer financing options.
NAR Reports Increase in Black Homeownership Rate, Yet Below Other Groups
Explore the rising trend in Black homeownership in the US, highlighting the overall increase in homeownership rates and demographic disparities.
Pennsylvania Mortgage Brokerage Claims Kickback Accusations Are Government Overreach
State attorneys general are increasingly targeting violations of the Real Estate Settlement Procedures Act (RESPA), highlighting a rise in regulatory scrutiny within the mortgage industry.