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Younger homebuyers have concerns over AI’s role in the mortgage process

Housing Wire

Although most respondents expressed satisfaction with the digital tools offered by lenders — and expect more automation in future transactions — 60% said they would switch lenders if AI played a significant role in the process. Moskver expects that percentage to decrease over time as digital tools become more common.

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CoreLogic announces new augmented reality appraisal tool

Housing Wire

CoreLogic announced on Thursday the launch of “ScanToSketch,” an augmented reality (AR)-based property measuring and sketching tool to create home appraisal reports. Developed using CoreLogic’s appraisal software brand “a la mode,” the tool has been used to complete roughly 20,000 property sketches.

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Solving the credit riddle: providing mortgage professionals and borrowers the tools they need

Housing Wire

The report also introduces a solution with IDIQ’s newly launched credit-building tool, CreditBuilderIQ®, based on the feedback provided. During the last decade there has seen a crop of fintech and analytics tools released to help consumers optimize rates and take control of their credit, but what are consumers saying?

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Lender Price launches new tool to automate base pricing

Housing Wire

Lender Price , a leading provider of mortgage loan product and pricing technology, has launched Base Price Solution (BPS), a new pricing tool designed to help banks, lenders, and credit unions optimize their pricing strategies. Users can also set custom pricing rules based on factors such as seasonality, demand, and competitive pressures.

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United Real Estate expands Midwest footprint through Kansas City merger

Housing Wire

We are excited to be able to deliver more tools, services and supports to the entire SunWest Team,” Haase said. Together, we’re providing the tools agents need to expand their businesses through advanced marketing and education to elevate client experiences.

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Fairway reverse division honors longtime pro with lifetime achievement award

Housing Wire

I believe the next five to 10 years will bring even greater innovation and acceptance of this valuable tool. Stebbins referred to as Pistol Pete by his colleagues was also lauded by Dan Ventura, Fairways president of reverse lending. Regulatory reforms have made reverse mortgages safer and more consumer-friendly, Stebbins said.

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Are Homebuyers Satisfied With Advances in AI? 

Appraisal Buzz

Despite the perception that the mortgage industry is lagging in terms of technology adoption, our survey found that lenders are increasingly using digital tools to better engage with borrowers; and it’s clear from this research that borrowers are embracing the improved automated, less manual experience,” said Maria Moskver , CEO of Cloudvirga.