Technology disruptions often arrive quickly and loudly, as has been the case with recent evolutions in artificial intelligence (AI). The use of AI-powered chatbots and devices could reshape the way people live and work for decades to come. But with any new major technological shift also comes the possibility that some people will be left […]
AI training could be alienating, leaving out older adults Read More »
RetroRate, a startup focused on making assumable mortgages easier to find and evaluate, has raised $2.2 million in seed funding. The platform allows real estate agents to find assumable loans through MLS data and guides them through a complex approval and closing. By streamlining this process, RetroRate aims to make assumable mortgages more accessible and
RetroRate funding round will fuel assumable mortgage tool set Read More »
Real estate brokerages have faced their fair share of challenges over the past year — from legal threats and business practice changes, to a slow housing market and the breakneck pace of technological development. With all of these changes and challenges many wonder if we are on the precipice of a brokerage mass extinction event.
Are real estate brokerages going the way of the dodo? Read More »
Shilo.ai is going to have an easier time with product development thanks to a $2.6 million seed funding round. The AI assistant firm announced the funding round on Friday. The round was led by AZ-VC, Arizona’s largest venture capital fund, which was founded by Jack Selby, the managing director of Thiel Capital. “We’re not here
AI assistant Shilo closes $2.6 million seed funding round Read More »
Welcome back to Tech Pulse — a new weekly series rounding up the latest in technology, including tools, integrations and trends impacting mortgage and real estate. Here’s what happened this week: Robert Reffkin touts Compass’s AI platform, agent advocacy efforts Compass is preparing to launch a new AI platform designed to automate tasks, find opportunities and give
Tech Pulse: Compass touts AI platform, Prudent AI launches non-QM tool Read More »
Prudent AI — a California-based financial technology company — has released what it calls the first upfront automated underwriting system (AUS) designed specifically for non-qualified mortgages (non-QMs). Unlike traditional AUS tools — which assess loan eligibility later in the mortgage process — Prudent AI’s system reviews key borrower data such as income, credit and assets
Prudent AI debuts non-QM underwriting tool Read More »
California-based Partner Real Estate has introduced a new technology platform aimed at speeding up home sales and expanding options for agents and homeowners. The company’s Instant Offers Exchange (IOX) allows sellers to receive multiple competitive cash offers within minutes without committing to a sale. “Imagine this: your client signs the listing agreement, and you already
Partner Real Estate launches instant offers platform Read More »
Details regarding Compass‘s soon-to-be-released artificial intelligence (AI) platform were shared by CEO Robert Reffkin during a company retreat this week. “We continue to invest over $100 million in technology every year, building more and more tools that can help you stand out and run a better business,” Reffkin told the audience. “And in this amazing
Robert Reffkin touts Compass’s AI platform, agent advocacy efforts Read More »
As borrower expectations for personalized, timely communication rise, loan officers are turning to AI-powered tools to stay competitive. Intelligent automation is no longer a future vision but a present necessity that helps lenders scale personalization, deepen client relationships, and uncover new opportunities. Ryan Young, founder and CEO of Fello.ai, recently shared how AI is transforming
Fello’s next big move: Bringing AI-powered human touch to the mortgage industry Read More »
Welcome to Tech Pulse — a new weekly series rounding up the latest in technology, including tools, integrations and trends impacting mortgage and real estate. Here’s what happened this week: Fannie Mae partners with Palantir to detect, prevent mortgage fraud Fannie Mae has teamed up with Palantir Technologies to crack down on mortgage fraud. The
Tech Pulse: Fannie Mae targets fraud, DirectOffer launches AI assistant Read More »