Shawn Malhotra, the first chief technology officer in the history of Rocket Companies, says it’s pursuing an ambitious plan — to rewrite its entire operating system, from home search through mortgage servicing, on a foundation of artificial intelligence. The transformation will happen while Rocket integrates real estate brokerage Redfin and mortgage servicer Mr. Cooper Group, […]

Digital earnest money platform Earnnest is expanding its partnership with Lone Wolf, according to an announcement on Thursday. Via this expanded partnership, Earnnest will power digital earnest money transfers across Lone Wolf’s entire transaction suite. “Real estate professionals deserve tools they can trust – especially when it comes to handling money,” Chris Basinger, the senior

Servicers have known the loss mitigation waterfalls enacted during the COVID-19 pandemic were eventually going to change. But a recent acceleration of the new governance has left the industry with only six months to make critical adjustments to loss mitigation workflows. When the U.S. Department of Housing and Urban Development (HUD) issued a Mortgagee Letter