Author name: Ricky Vasquez

Douglas Elliman launches AI-focused business unit, broader tech overhaul

Douglas Elliman announced today a companywide technology transformation aimed at consolidating systems, automating operations and developing new real estate intelligence capabilities through a newly formed business unit called Elius. The New York-based real estate firm said the initiative will operate across two tracks; modernizing brokerage operations and creating a separate intelligence platform designed to develop […]

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Colorado AG secures lending law oversight of Unlock HEAs

Unlock Partnership Solutions Inc., dba Unlock Technologies, has agreed to treat its home equity agreements (HEAs) as consumer credit under Colorado law, pay restitution to affected homeowners, and meet state licensing and disclosure rules, the Colorado attorney general’s office announced June 24. The office of Attorney General Phil Weiser said it determined Unlock’s products are

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Reverse mortgages emerge as a tool in ‘gray divorce’ settlements

As more Americans end marriages later in life, some senior homeowners are turning to reverse mortgages as a way to manage the financial challenges of a “gray divorce.” Divorces that arise when couples are in their 50s or older, commonly known as gray divorces, present unique financial challenges because they often occur after retirement, when

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