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Data & Analytics

MMI unveils conversational AI for mortgage loan officers

Artificial Intelligence, Data & Analytics, LendingLife, Loan Officer, Mortgage, Origination, Technology /

Mortgage technology company Mobility Market Intelligence (MMI) announced on Monday its launch of ChatMMI, which claims to be the industry’s first conversational artificial intelligence interface built specifically for lenders, recruiters and other mortgage professionals. The tool allows MMI users to skip dashboards and spreadsheets to directly ask questions via a chat function. The company said […]

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Teraverde, Stratmor clarify no merger took place

Data & Analytics, M&A, Mortgage technology /

Teraverde and Stratmor want to make it clear that the proposed merger announced over a year ago between the two was never completed. The misconception, both Teraverde’s Jim Deitch and Stratmor’s Garth Graham said, came about from an artificial intelligence generated answer to a search engine question. The deal was announced last May at the

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Sun Belt holds long-term housing edge even as pandemic boomtowns struggle

Covid-19, Data & Analytics, Data & Visuals, Florida, Florida Housing Market, Home Prices, Housing Inventory, Housing Market, HWmember, John Burns Real Estate Consulting, Texas /

The U.S. housing market is telling two very different stories as pandemic-era boomtowns are cooling rapidly while the Sun Belt’s long-term growth outlook remains strong, according to John Burns Research & Consulting. A surge in available homes is reshaping the market in regions that saw the fastest growth during the COVID-19 pandemic. Nationally, the number

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Foreclosures are up 14% in the past year, ATTOM says

Attom Data Solutions, Data & Analytics, Foreclosure, Housing Market, HWmember, South Carolina, Texas /

Foreclosure activity continued its upward trend in April, with a total of 36,033 properties receiving default notices, scheduled for auction or repossessed, according to the latest data from real estate analytics firm ATTOM. The figure represents a 0.4% increase from March and a 13.9% jump compared to April 2024. “April’s foreclosure activity continued its gradual

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