President Trump signed new legislation this week aimed to facilitate mortgage lending and open up homeownership to members of Native American communities across the U.S. Processing Content Sponsored by members of South Dakota’s congressional delegation, the Tribal Trust Land Homeownership Act sets new timelines for the review and processing of mortgage applications involving properties on […]

ReAlpha Tech Corp. is conducting layoffs claiming artificial intelligence is reducing the need for some employees. Processing Content The real estate technology company reduced its workforce, which includes full-time employees, consultants, temporary workers and independent contractors, by about 25% and consolidated select vendor relationships. Together, these moves will save the company roughly $2 million over

Key insight: Advanced AI in financial services is no longer a question of if, but where. What’s at stake: Deployments abound, but questions of data provenance, resiliency and accuracy still remain. Forward look: Many banks are thinking about or putting in place data warehouses that will help them ease the challenges of implementation and integration.