What’s behind the increase in housing inventory?

For-sale housing inventory is sitting at its highest point in years despite a pullback in new listings, and the contrasting numbers indicate long-standing affordability challenges are still impacting the market, leading real estate brokerages found. Approximately 1.36 million homes were on sale in June, the greatest volume since late 2019, according to the latest data […]

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MMI unveils conversational AI for mortgage loan officers

Mortgage technology company Mobility Market Intelligence (MMI) announced on Monday its launch of ChatMMI, which claims to be the industry’s first conversational artificial intelligence interface built specifically for lenders, recruiters and other mortgage professionals. The tool allows MMI users to skip dashboards and spreadsheets to directly ask questions via a chat function. The company said

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