Alanna.ai, the creator of a conversational AI-powered virtual assistant for title agents, has introduced Forms For All, a digital application that eliminates paper forms from the Buyer / Seller Information gathering process in real estate closings.
Read More
Snapdocs, a digital closing provider, announced that New American Funding (NAF) has selected its eClosing platform to accelerate digital closing adoption and deliver a streamlined experience to borrowers and the loan officers who serve them.
Read More
The National REO Brokers Association (NRBA) says its members are reporting increased commercial real estate (CRE) foreclosure and resale activity as 2023 comes to an end. While much of the national focus is on distressed assets in the office space sector, more of the smaller, stand-alone structures that house small businesses are being repossessed and resold as well.
Read More
National mortgage lender Certainty Home Lending, a Guaranteed Rate Company, has named long-time industry professionals Ben Lerner and Bill Mott to lead its newly-opened branch operation in San Luis Obispo, California.
Read More
ATTOM released its third-quarter 2023 U.S. Residential Property Mortgage Origination Report, which shows that 1.54 million mortgages secured by residential property (1 to 4 units) were issued in the United States during the third quarter, representing a 3 percent decline from the prior three-month period.
Read More
The Mortgage Bankers Association (MBA) has awarded $156,463 in scholarships to 179 industry professionals – including women and those from traditionally and historically marginalized and under-represented groups – under its Path to Diversity (P2D) Scholarship Program during the 2023 fiscal year, ending September 30.
Read More
Homebuyer affordability declined in October, with the national median payment applied for by purchase applicants increasing to $2,199 from $2,155 in September.
Read More
Capstone Partners, a middle market investment banking firm, released its November 2023 Financial Technology (FinTech) Market Update, reporting that the FinTech sector has showcased significant strength amidst economic turbulence and heightened regulatory oversight, evidenced by healthy levels of merger and acquisition (M&A) and financing activity through year-to-date (YTD).
Read More
Dark Matter Technologies (Dark Matter), a provider of origination technology, has signed a contract with Lakeland, Florida-based Publix Employees Federal Credit Union (PEFCU). The signing is the first under Dark Matter’s new corporate structure and reflects the growing footprint of the company’s Empower Loan Origination Platform in the credit union sector.
Read More
In a market where seizing every opportunity is critical to profitability, Insellerate has introduced a new feature called InCall. This feature, powered by artificial intelligence (AI), equips lenders with the tools they need to identify and capture missed opportunities, directly contributing to success in today’s highly competitive landscape.
Read More