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6 ways title companies can harness AI

Housing Wire

While these advances are promising, it will still be up to trained professionals to interpret these alerts and take appropriate action. Maintain human oversight: While promising, it’s important to remember that AI is not a definitive solution to all your title company’s problems.

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There Goes the Neighborhood.

Appraisal Buzz

In a recent selling guide announcement by Fannie Mae (November 6, 2024), it was mentioned that they had collaborated with Freddie Mac to update the standardized definitions for neighborhood and market area. The updated definitions are provided below, along with their corresponding definitions from the Appraisal Institute.

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HousingWire’s 2024 Tech100 Award: What’s new with last year’s honorees?

Housing Wire

For the past 13 years, HousingWire’s Tech100 Award program has provided HousingWire readers with a definitive list of the tech solutions companies that are streamlining processes, enhancing customer experience and improving the overall homebuying experience for all involved. Click here to nominate a tech organization.

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COVID accelerated migration trends, but is it sustainable?

Housing Wire

It’s exactly the kind of place that’s attracting pandemic-panicked New Yorkers who, drawing a circle of two hours’ train travel from Manhattan, figure they can set up parallel lives in the country and city. . Bridges arch over the river from stands of yellow-leafed birches to groves of flaming maples. Join today with an HW+ Membership !

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Reverse mortgage veteran reflects on his career: ‘Everyone has a story to tell’

Housing Wire

Jim Cullen: Yeah, definitely. In August 2004, I went out to Boston for a week of reverse mortgage training. Wells Fargo had very good and thorough training — it was a solid week because you needed to focus solely on reverse mortgages. You develop a relationship and they have to trust you because this is a big deal for them.

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9 savvy strategies to get more real estate referrals

Housing Wire

Developing a trusted referral network can generate new business for you (and your network). If another agent sent you the lead and will be receiving a referral check, definitely keep them updated at each step of the process. She developed training materials, classes, and coaching programs for her fellow introverts.

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Will AI replace mortgage jobs? Not exactly, execs say

Housing Wire

billion in volume, has developed its technology in-house with “very few partners,” a method it used to “control the product,” Bressler said. It takes a lot of time to train those models to curate the right data to move forward into different levels of underwriting or decision-making to do it safely.

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