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SERHANT. secures $45M to further develop its AI platform

Housing Wire

Technologies, the umbrella company that includes the brokerage — will be used to develop the company’s AI platform known as S.MPLE. Through our best-in-class technology and creative approach and solutions, we are expanding at an unprecedented rate,” Serhant said in a statement. The investment — which is going to SERHANT.

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Blue Sage Solutions launches digital servicing platform

Housing Wire

Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology. Founded in 2011, the company is headquartered in Englewood Cliffs, New Jersey.

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Top New Jersey team joins Compass

Housing Wire

Her achievements at RE/MAX include being inducted into the brokerage’s Hall of Fame (2008) and Circle of Legends (2018), as well as a Lifetime Achievement award (2011). Fontaine cited Compass’ technology as a major source of her motivation to move herself and her team to a new brand.

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ReverseVision appoints Joe Langner as new CEO

Housing Wire

ReverseVision , a reverse mortgage technology provider, announced on Monday its president, Joe Langner , will now serve as both president and chief executive officer after just nine months with the company. He also played a vital role in the leadership team that would eventually guide Ellie Mae to it’s 2011 IPO.

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Mortgage credit availability increased in January: MBA

Housing Wire

The availability of mortgage credit increased in January, according to a report issued by the Mortgage Bankers Association (MBA) based on data sourced from ICE Mortgage Technology. The MBA’s Mortgage Credit Availability Index (MCAI) increased in January to 92.7, and the Conforming MCAI rose by 0.2%

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Buyers viewed just eight homes before making their purchase

Housing Wire

Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful. Besides inventory constraints, the NAR feels that technology has also contributed to the decrease in the number of homes buyers view before completing their purchase. month’s supply of homes.

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Rocket Mortgage plans to double its purchase market share by 2027

Housing Wire

Rocket Companies , the parent of Rocket Mortgage , has set ambitious goals to increase market share by 2027 using its multichannel reach, its origination and servicing flywheel, and its advanced technology platform. We are unique in the sense that we’re building what we consider to be an elastic technology platform,” Krishna said.

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