Effects - Real Estate Investor Pulse

The Major Effects Of Artificial Intelligence On Today’s Real Estate Market

June 13, 2023 Mark Paul Cervantes Comments Off

1. Introduction Real estate, a sector often characterized by intensive human interaction, vast paper trails, and complex transactional processes, is an industry ripe for disruption. AI is increasingly being harnessed in the real estate market […]

HUD restores Discriminatory Effects rule, revokes 2020 rule

March 20, 2023 Mark Paul Cervantes Comments Off

The U.S. Department of Housing and Urban Development (HUD) announced on Friday that it rescinded a 2020 Trump-era rule governing Fair Housing Act disparate impact claims and has restored a 2013 Obama-era “Discriminatory Effects” rule […]

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

February 25, 2024 Comments Off

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 […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

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 data sends mortgage rates higher

February 3, 2024 Comments Off

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 […]