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Is technology the problem, not the solution, in the mortgage industry?

Housing Wire

The mortgage industry has long been promised a technological revolution to streamline workflows, reduce operational costs, and enhance efficiency. Yet, despite significant investments in new technologies, the cost to originate loans has dramatically increased. The human touch remains critical in mortgage lending.

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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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CoreLogic’s John Rogers on AI, climate risk and land development issues

Housing Wire

Rogers met with HousingWire to discuss his new role and cover a variety of topics, including artificial intelligence (AI), climate risk and land development. NP: You work directly with land developers too. What sort of policies are you helping to develop on their end? This interview has been edited for length and clarity.

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Nothing burger? Smart move? Industry reacts to NAR’s CCP changes

Housing Wire

But while Cantrell believes local MLSs will not be pleased with this added responsibility, Saul Klein, an industry veteran and the CEO of San Diego MLS , disagrees. Reffkin and Compass have been vocal critics of CCP and have called upon MLSs and industry professionals to push back against the policy by not enforcing it.

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MoxiWorks CEO says technology won’t solve the real estate industry’s problems

Housing Wire

During the conversation, Velt and Elfman discuss the delicate art of balancing technology and artificial intelligence (AI) usage with developing client relationships. Obviously, the real estate industry has had a challenging couple of years. The technology is not going to solve the problems in the real estate industry.

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Assessing the reverse mortgage technology landscape

Housing Wire

But it also leads to questions about how much or how little technology tools can or should interact with the business. While some documents still legally require a so-called wet signature, incorporating more technology into these elements of the business is seen by others in the space as a positive step forward.

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Danielle Wilkie on real estate coaching for women and emerging industry trends

Housing Wire

Coaching used to mean developing a program or writing a book. Velt: Do you see any emerging trends with technology or AI and its use in real estate? Wilkie: When I think about how AI will impact coaching and real estate and beyond, I see that content means nothing anymore.