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ChatGPT and Artificial Intelligence have proven to be ‘a super assistant’ for real estate market: Broker

February 27, 2023 Mark Paul Cervantes Comments Off

The post ChatGPT and Artificial Intelligence have proven to be ‘a super assistant’ for real estate market: Broker appeared first on Weekly Real Estate News.

What is a borrower intelligence platform?

February 8, 2023 Eric Parel Comments Off

When mass-market loan origination systems emerged on the scene in the early 1990s, they revolutionized the mortgage workplace by allowing originators to save loan files on a personal computer and share them across local networks […]

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 […]