Apply Online
Schedule a Call

Artificial Intelligence

Mortgage lenders top banks, credit unions in tech adoption

Artificial Intelligence, Fintech, Originations /

Mortgage lenders are keeping pace with, and in some cases surpassing, banks and credit unions when integrating new technologies. Enlisting outside expertise can be a deciding factor in how successful these efforts are. National Mortgage News’ Emerging Technology and Artificial Intelligence report surveyed 128 professionals across the banking, credit union and mortgage industries on the […]

Mortgage lenders top banks, credit unions in tech adoption Read More »

Miami luxury home prices soar to $1.13 million, nearly triple national average

Artificial Intelligence, Construction, Florida, Florida Association of Mortgage Professionals, Florida Housing Market, Housing Market, Luxury Real Estate, Miami, Mortgage, Multifamily Housing, Real Estate, Single-Family Housing /

New construction drives market with $2.29 million average price tag as future builds signal even higher luxury premiums Miami’s real estate market continues to outpace national trends with average home prices reaching $1.13 million, nearly triple the national average of $647,307, according to the latest market data. The city’s luxury segment is driving much of

Miami luxury home prices soar to $1.13 million, nearly triple national average Read More »

North Carolina housing market offers 20% price advantage over national average

Artificial Intelligence, Charlotte, Construction, First-Time Homebuyers, Housing Market, Investors, Mortgage, North Carolina, Real Estate /

The North Carolina housing market delivers significant value for homebuyers. Current data shows 62,710 active listings with an average home price of $519,908. This represents a 19.7% discount compared to the national average of $647,307. The Tar Heel State provides abundant options for first-time buyers, with more than one-third of all listings priced below $300,000.

North Carolina housing market offers 20% price advantage over national average Read More »

Mortgage leaders discuss the future AI-powered workforce

Artificial Intelligence, CAREER & COMPENSATION, Editorial Research, Mortgage technology, Technology /

The rise of artificial intelligence has sparked both speculation and angst over what it might mean for mortgage professionals in the future, but the answers might be more encouraging than some expect. Historically, advances in automation eventually brought transformations seen during the Industrial and Information Ages, which were marked by the elimination of certain positions.

Mortgage leaders discuss the future AI-powered workforce Read More »

Midwest housing markets defy national days on market trends

Artificial Intelligence, Home Prices, Housing Market, HWmember, Indiana, Kansas, Milwaukee, Minneapolis, Minnesota, Missouri, Real Estate, Wisconsin /

Midwest housing markets are demonstrating remarkable resilience against the national trend of extended Days on Market (DOM), with properties in key Midwestern cities selling up to 83% faster than the national average, according to the latest market data. Regional performance outpaces national metrics The national median DOM for single-family homes currently stands at 63 days,

Midwest housing markets defy national days on market trends Read More »

Tech Pulse: AI for real estate teams; Tech Trendsetter shares insights

Artificial Intelligence, DocMagic, HW Tech Trendsetters, Mortgage, PennyMac, Real Estate, Technology /

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Can AI help real estate teams stand out or make them all look the same? Artificial intelligence (AI) is transforming real estate marketing and workflows, but agents are

Tech Pulse: AI for real estate teams; Tech Trendsetter shares insights Read More »

Non-QM lender Griffin Funding unveils AI-driven underwriting platform

Artificial Intelligence, Griffin Funding, HWmember, LendingLife, Loan Officer, Mortgage, Non-QM, Origination, Technology, Underwriting /

Griffin Funding has launched an internal artificial intelligence-driven platform designed to help loan officers navigate the complex world of non-QM lending. The tool, known internally as “LIA,” pulls hundreds of pages of program guidelines into a single system and uses AI to deliver tailored answers to loan qualification questions, according to Chloe Shubin, vice president

Non-QM lender Griffin Funding unveils AI-driven underwriting platform Read More »

Avoiding a ‘sea of sameness’: Small real estate teams talk AI

Agent, Artificial Intelligence, Brokerage, Compass, eXp Realty, HWmember, Real Estate, Real Estate Agents, Technology /

Artificial intelligence is elbowing its way into real estate, promising efficiency while threatening the very thing agents trade on: human connection. For Jeff Funk in Orlando and Michael Franco in New York City, the daily experiment isn’t whether to use AI, but how far to lean in without losing authenticity. Funk, leader of eXp Realty-affiliated

Avoiding a ‘sea of sameness’: Small real estate teams talk AI Read More »

Fairway turns to OpenAI for origination process improvement

Artificial Intelligence, Mortgage technology, Originations, Underwriting /

Fairway Home Mortgage is working with OpenAI to help improve the efficiency in its loan manufacturing processes. While the use of ChatGPT is just part of that strategy, process improvement to allow loan officers to focus more on their customers is the primary aim, said Caleb Ondrusek, who Fairway promoted to executive vice president of

Fairway turns to OpenAI for origination process improvement Read More »

‘Zillow, show me this house with mid-mod furniture’

Agent, Artificial Intelligence, HWmember, Real Estate, Technology, Zillow /

Consumers shopping for a home on Zillow can now virtually stage properties in their specific design style, as long as those properties are using Zillow Showcase. The listing portal giant announced the integration of Virtual Staging with Zillow Showcase on Wednesday. The integration enables homebuyers using Zillow to view rooms — in listings that are

‘Zillow, show me this house with mid-mod furniture’ Read More »