UWM And Rocket Go Head-To-Head In AI Wars
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UWM And Rocket Go Head-To-Head In AI Wars

By ERIN FLYNN JAY Artificial intelligence has found its way into every industry, and mortgage companies are feeling the pressure to either implement the latest technology or fall behind. In April, company leaders at United Wholesale Mortgage announced an agreement with Google Cloud. By integrating Google Cloud AI and machine learning tools into its lending…

Strong Family Bonds Give Mother-Daughter Lending Teams An Advantage
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Strong Family Bonds Give Mother-Daughter Lending Teams An Advantage

By ERIN FLYNN JAY This Mother’s Day, mother-daughter lending teams are celebrating their business successes built on mutual love and respect for each other. Gayle McCarthy, Branch Manager with American Pacific Mortgage, said it is a very different dynamic when working with her daughter Jenna, compared to other employees. “We know each other so well…

Sustainable Home Builders Share Their Success Stories On Earth Day
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Sustainable Home Builders Share Their Success Stories On Earth Day

By ERIN FLYNN JAY It’s Earth Day and environmentally friendly home builders say they are finding success in today’s market. Using technology, the industry’s best practices, and designs that are inherently more eco-friendly have helped, according to the industry leaders who spoke to The Mortgage Note. ICON is a company that has made headlines in…

Buyers Looking For Amenities, Convenience In 55+ Communities
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Buyers Looking For Amenities, Convenience In 55+ Communities

By ERIN FLYNN JAY People interested in active adult communities are gravitating toward areas where they can enjoy pools and pickleball courts as they enter semi-retirement. 55places.com recently asked 1,292 potential homebuyers interested in active adult communities about what they’re looking for in their 2025 55+ Housing Survey. “The top reason adults 55+ are choosing…

Will There Be More Foreclosures In 2025?
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Will There Be More Foreclosures In 2025?

By ERIN FLYNN JAY Foreclosure activity could rise in 2025 but industry leaders say there likely won’t be a dramatic increase. Last year, foreclosure activity declined. Foreclosure filings — default notices, scheduled auctions, and bank repossessions —  were reported on 322,103 U.S. properties. That represented 0.23% of all housing units, down slightly from 0.25% in…

Commercial Real Estate Changed Forever By Covid
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Commercial Real Estate Changed Forever By Covid

By ERIN FLYNN JAY It has been five years since the COVID-19 pandemic shutdowns began, and the commercial real estate sector remains forever changed. On March 11, 2020, the World Health Organization determined COVID-19’s outbreak had reached the level of a pandemic. On March 13, the first Trump administration declared a nationwide emergency and states…

Why Is Optimism Down For Real Estate Investors?
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Why Is Optimism Down For Real Estate Investors?

By ERIN FLYNN JAY Among real estate investors across the country, optimism has dropped. Limited inventory, increasing home prices, high finance costs, and insurance issues are to blame. Investors also worry that tariffs and mass deportations could impact the market. The Winter 2024 RCN Capital/CJ Patrick Company Investor Sentiment Index shows that in the fourth…

Real Estate Fraud On The Rise As Technology Advances
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Real Estate Fraud On The Rise As Technology Advances

By ERIN FLYNN JAY As more high-value transactions move online, real estate fraud has become increasingly sophisticated, leveraging advanced technologies to exploit vulnerabilities in traditional identity verification methods. “Cybercriminals are now utilizing generative AI to create highly convincing deepfakes, altering photos and personal information to produce realistic fake IDs in a matter of minutes,” said…

Young Professionals Thrive In Hotspots Throughout The Country
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Young Professionals Thrive In Hotspots Throughout The Country

By ERIN FLYNN JAY Young professionals hoping to build their careers and live comfortably can do so in many areas throughout the country. A recent study by real estate company OhioRealEstateSource.com identified Peoria, Illinois as the most affordable city in the U.S. for young professionals, with the average salary about 52% of the cost of…

Combatting Cybersecurity Threats Requires A Multi-Layered Strategy
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Combatting Cybersecurity Threats Requires A Multi-Layered Strategy

By ERIN FLYNN JAY There will be multiple challenges for the mortgage industry in 2025 from a cybersecurity perspective. The technology in use and interconnectedness of the industry can attract bad actors who want to disrupt companies and harm borrowers. Edward Starkie, cyber security director at Thomas Murray, said the U.S. mortgage industry is a…

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