CrossCountry Mortgage TWO acquisition nears close, focus shifts to integration

With CrossCountry Mortgage’s deal to acquire Two Harbors Investment Corp. one step closer to the finish line after securing shareholder approval, the focus is shifting to what may be the next major challenge: integrating the businesses. Industry experts pointed out the complex task of bringing a large servicing portfolio in-house, but analysts expressed confidence in […]

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Rodland Private Members bolsters AI for independent brokerages

Independent real estate brokerages will soon have a new path to compete with national conglomerates without sacrificing their autonomy. Rodland Private Members — a membership platform launching this fall — will give independent firms access to enterprise-grade artificial intelligence (AI)-powered operations through its proprietary RoRo platform. The program, announced by Rodland Real Estate founder Tim

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Mortgage fraud case shows AI’s fake-document risk

Two Florida residents have pleaded guilty to charges stemming from their roles in a bank-fraud scheme, which involved falsified pay stubs that conned multiple lenders to originate mortgages backed by the government-sponsored enterprises.  Processing Content In a scam that occurred in mid-2022, Orlando resident Kimberly Williams conspired with mortgage consultant and credit repair specialist Kenneth

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