By KIMBERLEY HAAS As 2024 comes to a close, we are taking a look at what had the most impact on our audience this year. Articles and podcasts about advancements in technology, the National Association of Realtors settlement, and a class action lawsuit against United Wholesale Mortgage top the list. Advancements In Technology Technology and…
By KIMBERLEY HAAS Leaders at a California-based provider of AI-powered digital lending technologies have introduced a new product designed to drive down origination costs while increasing borrower confidence. The launch of LO.ai was announced by Tavant at the Mortgage Bankers Association’s annual convention and expo in Denver this October. The new product augments Tavant’s Touchless…
By KIMBERLEY HAAS As lenders work to stay on top of advances in artificial intelligence, companies are hiring the top minds in mortgage technology. Mortgage technology expert Dan Sogorka officially joined Rocket Pro TPO as its general manager on Sept. 3. He has been running mortgage tech companies for the last 25 years. “I love…
By KIMBERLEY HAAS As mortgage lenders work to improve efficiencies using artificial intelligence, the concept that large language models could lead to discrimination against Black borrowers is concerning. But researchers say preventing bias is surprisingly easy. A recent audit study of loan approval and interest rate decisions suggested by large language models shows that LLMs…
Realtor.com unveiled new map layers to help homebuyers visualize neighborhood dynamics while shopping. The map-based search features let users ask typical questions like, “Where can I find the newest homes in the neighborhood?” and explore multiple ZIP codes at a glance. Real-time visualizations of property data and neighborhood insights illustrate the search with color shading….
By KIMBERLEY HAAS During the first Investor Day held by Rocket Companies, Founder Dan Gilbert shared his vision for the Detroit-based fintech platform. During an on-stage chat with President Bill Emerson, Gilbert said the influence of the internet became clear in the 1990s and since mortgages are not a physical item, it was obvious to him…
By KIMBERLEY HAAS People with limited English proficiency can get access to mortgage documents in their native language with advancements in technology. Talk’uments is a digital language technology provider that empowers borrowers with interactive loan information. Company leaders recently announced an integration with nCino, a provider of cloud banking for the financial services industry. Mortgage…
By KIMBERLEY HAAS The CEO of Land Gorilla says advancements in technology are creating opportunities for more profitable construction lending. Sean Faries said since the California-based technology service provider for banks, credit unions, and mortgage bankers started in 2010, there has been a move from spreadsheets to digitization. Land Gorilla is now taking things a…
Artificial intelligence is changing how people buy homes and leaders at Rocket Companies are leaning in and embracing the latest technology. In December, it was announced that the Rocket Homes app is now available to potential buyers while they are driving through Apple CarPlay. Homes listed for sale can be seen in the “Nearby” tab….
By KIMBERLEY HAAS The founder and CEO of the digital closing platform Snapdocs says adopting a technology strategy that reduces costs can help mortgage lenders now and as the market bounces back. Aaron King recently sat down with The Mortgage Note to talk about the value of digital closings. He said Snapdocs, headquartered in San…
End of content
End of content
Before You Go, Get the Latest News and UPDATES!
Stay Tuned!