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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
  • [ December 20, 2024 ] D.R. Horton to Launch New Master-Planned Community in Utah Weely Real Estate News
  • [ December 20, 2024 ] Hits and Misses for the Real Estate Week of Dec. 16-20 Weely Real Estate News
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HomeAI

AI

FHFA
Housing Wire

A recap of gen AI use cases at FHFA’s 2024 TechSprint

July 30, 2024 Allen Santos Comments Off on A recap of gen AI use cases at FHFA’s 2024 TechSprint

​ There are plenty of challenges for renters and homebuyers this year, especially when it comes to affordability. But technology — particularly leveraging generative AI — can help solve these challenges in new ways. At least, […]

Sidekick
Housing Wire

San Francisco Realtors partner with AI startup Sidekick

May 7, 2024 Mariel Alumit Comments Off on San Francisco Realtors partner with AI startup Sidekick

​ AI-powered real estate assistant Sidekick unveiled a partnership with the San Francisco Association of Realtors (SFAR) on Monday. The collaboration will allow the region’s 4,000 agents to leverage Sidekick’s integrated datasets and workflows, making […]

dream homes
New York Post

These are the perfect dream homes for every type of American, according to AI

May 2, 2024 Allen Santos Comments Off on These are the perfect dream homes for every type of American, according to AI

  Every American has conjured an image of their dream home at some point in their lives. Whether it’s a cozy cottage nestled in the woods or a sprawling mansion with a pool, our dream […]

Ike Suri
Housing Wire

FundingShield’s Ike Suri on the limits of AI in fighting fraud

April 19, 2024 Mariel Alumit Comments Off on FundingShield’s Ike Suri on the limits of AI in fighting fraud

​ Editor in Chief Sarah Wheeler sat down with Ike Suri, chairman and CEO of FundingShield, to talk about rising fraud risks, what keeps him up at night, and why AI is still far from […]

mortgage
Housing Wire

How AI will transform the mortgage and appraisal industries

April 19, 2024 Mariel Alumit Comments Off on How AI will transform the mortgage and appraisal industries

​ Every business is on the brink of significant transformation driven by the potential of Artificial Intelligence (AI) and workflow automation, and the mortgage industry is no exception. With AI’s capacity to perform complex reasoning […]

AI
Housing Wire

Industry experts detail the benefits, challenges of AI

April 15, 2024 Mariel Alumit Comments Off on Industry experts detail the benefits, challenges of AI

​ As artificial intelligence continues to grow in prominence, mortgage professionals “must carefully evaluate and manage” their use of AI and “focus on deriving the benefits while avoiding potentially catastrophic risks.” That’s one of the […]

AI
Weely Real Estate News

Tech Trends: The Future of Construction Law in the Age of AI

April 11, 2024 Mariel Alumit Comments Off on Tech Trends: The Future of Construction Law in the Age of AI

The increasing use of artificial intelligence (AI) tools in the construction industry is transforming how projects are managed and executed. AI is not swinging any hammers — yet — but it is helping builders accumulate […]

FHFA
Housing Wire

FHFA appoints artificial intelligence czar

April 10, 2024 Mariel Alumit Comments Off on FHFA appoints artificial intelligence czar

​ The Federal Housing Finance Agency (FHFA) announced this week that it has appointed Tracy Stephan to serve as its chief artificial intelligence officer (CAIO), adding the position to her existing duties leading the agency’s […]

Rocket
Housing Wire

Rocket launches patented AI-driven tech platform

April 10, 2024 Mariel Alumit Comments Off on Rocket launches patented AI-driven tech platform

​ Rocket Mortgage’s bet on artificial intelligence (AI) has resulted in a patented platform called Rocket Logic, which can automatically process nearly 90% of data points extracted from documents in a month and reduce by 25% […]

AI
Housing Wire

Recruiters turn to AI in their quest to lure top agents

April 2, 2024 Mariel Alumit Comments Off on Recruiters turn to AI in their quest to lure top agents

​ Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors’ recent $418 million settlement […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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