Author name: Ricky Vasquez

San Francisco house prices hit record $2.15 million on AI

San Francisco’s median house price jumped to a record $2.15 million in March, up 18% from a year earlier as wealth generated by artificial intelligence startups flooded the city, according to brokerage Compass Inc. Processing Content Condo prices also surged, rising 27% to $1.36 million, Compass said in a report. That was just below the […]

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The hidden cost of mortgage tech: How workflow fragmentation is driving the “interoperability tax”

The cost problem lenders can’t automate away Mortgage lenders have spent years investing in automation, yet one metric continues to resist improvement: cost per loan. New tools promise faster processing, better decisioning and improved borrower experiences. For many lenders, however, those gains have been offset by growing operational complexity that is harder to see but

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Nationwide Mortgage Bankers taps Herrera as president of Hispanic homeownership division

Americasa, a division of Nationwide Mortgage Bankers (NMB), has promoted Yasser Valdes Herrera to president. Since December 2023, he has been based in Miami and has served as vice president of Americasa, a Spanish-language mortgage platform helping the Hispanic community achieve homeownership. “Yasser has such an incredible drive and understands that our business is rooted

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