Before most of the public understood terms like “artificial intelligence” and “data science” Onity Group’s Jack Cavanagh was exploring how the fundamentals behind their development might apply to mortgage origination and servicing. The growth from machine learning to the large language models and generative AI we know today can be seen as a continuum, and […]
How Onity Group is making use of AI Read More »
Flash flooding in Texas, which started on Wednesday and has killed at least 80 people, spawned fraud schemes and scams that attempted to exploit the goodwill and charitable instincts of onlookers. In one instance, the Center Point Volunteer Fire Department, located in hard-hit Kerr County, had its Venmo donation account temporarily suspended after creating it
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It’s been just over a week since Federal Housing Finance Agency (FHFA) Director Bill Pulte directed Fannie Mae and Freddie Mac to start preparing for the use of cryptocurrency in single-family mortgages. With limited guidance beyond the FHFA’s directive, mortgage originators and industry experts are working to assess how cryptocurrency could be applied to mortgages.
Armando Falcon on the FHFA’s move toward crypto mortgages Read More »
The buzz around artificial intelligence is undeniable. It reverberates through every industry and promises top-to-bottom transformation. Property management, long rooted in tangible assets and human interaction, is no exception. For property managers, this isn’t just about adopting new tools; it’s about understanding a fundamental shift that will redefine efficiency, profitability and long-term relevance. The companies
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Broker Public Portal (BPP) — the industry-led home search initiative backed by real estate brokerages and MLSs — announced that Doorify MLS has joined as its newest strategic investor. Based in Cary, North Carolina, Doorify MLS serves nearly 15,000 real estate professionals across 16 counties in the Research Triangle — including Raleigh, Durham and Chapel
Doorify MLS joins Broker Public Portal as strategic investor Read More »
eXp Realty has rolled out a new initiative that allows its agents to choose from multiple customer relationship management (CRM) systems, marking a shift in the company’s approach to technology offerings. The program, called CRM of Choice, offers agents the option to select one of three platforms — BoldTrail, Cloze or Lofty — as part
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Adobe Stock A federal jury has convicted Oluwaseun Adekoya of bank fraud conspiracy, money laundering conspiracy and aggravated identity theft. The case offers an in-depth look at a rising threat to banks and credit unions: identity theft used to steal from customers’ home equity lines of credit. A two-and-a-half-week trial exposed Adekoya as the ringleader
How an identity thief stole $2 million from HELOCs Read More »
In an era where technology often threatens to overshadow human roles, Better Mortgage is charting a different course. By developing in-house AI tools designed to complement rather than replace human expertise, the company is enhancing the mortgage experience for both borrowers and loan officers. Already, its AI Loan Agent, Betsy, handles over 125,000 customer interactions
Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology — including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Fannie Mae, Freddie Mac jointly create U.S. Financial Technology Fannie Mae and Freddie Mac have launched U.S. Financial Technology LLC to replace Common Securitization Solutions. The
Tech Pulse: Fannie, Freddie move on fintech, crypto, fraud prevention Read More »
In today’s digital landscape, electronic devices play a critical role in our businesses, storing vast amounts of sensitive data. This is especially true for real estate professionals, title insurance companies, and mortgage lending organizations, where detailed financial records, personal client data, and confidential transaction histories are routinely managed. When it’s time to retire old electronics,
Reducing risk: Safely disposing of old electronics Read More »