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Author name: Ricky Vasquez

BankThink on AI easing home price crisis

AI will ease the home-price crisis, if state lawmakers let it

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The federal government should step in to prevent an emerging patchwork of state regulations from stifling the benefits of applying the tools of generative artificial intelligence to the mortgage market, writes Leah Price, of the Tinman AI Platform.Adobe Stock The federal government in December took the first steps toward steamrolling any potential bottlenecks that states […]

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US adds 130,000 jobs in January; unemployment rate falls

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Key insight: The better-than-expected jobs report saw 130,000 jobs added in January, while unemployment dropped to 4.3%.  What’s at stake: The Federal Reserve is watching the numbers closely as Chairman Jerome Powell considers the central bank’s dual inflation and employment mandate.  Forward look: The strong job numbers reduce the need for the Fed to slash

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Zillow profit view misses on cool housing market, legal costs

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Zillow Group Inc. forecast first-quarter profit that falls short of analyst estimates as the home-search site balances legal costs from ongoing litigation and expenses from the company’s partnership with Redfin. Processing Content The Seattle-based company said Tuesday it sees adjusted earnings before interest, taxes, depreciation and amortization range with a midpoint of $167.5 million for the three

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