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How gen AI is making real estate cybercrime easier than ever

Housing Wire

Previously, ONeill said cybercriminals would specialize in certain parts of the crime or in certain technologies. Now, however, ONeill says AI has made it where cybercriminals dont really need any level of technological proficiency. It was a direct replica of the actual title companys website.

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FinLocker says it will cover 100% of mortgage verification costs

Housing Wire

FinLocker details that the initiative will eliminate verification costs at all stages of the mortgage journey, from prequalification and underwriting to final reverification before closing. ” FinLocker indicated that future initiatives will target other high-cost areas like title expenses. ”

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Can AI launch the title industry into the future in 2024?

Housing Wire

With its four largest firms all at least 100 years old, the title insurance industry has a bit of a reputation for being antiquated and technology averse. “I The title industry has worked hard over the last few years to shed that reputation. Not only did it take a lot of time, but it cost a lot of money.

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Opinion: Automate title status check info with AI

Housing Wire

It’s not a point of pride or badge of honor for any mortgage, title, real estate or valuation firm. Much of that average time to close tends to pile up in the title and settlement stage of the process. Where the right technology is strategically selected and wisely implemented and used, it certainly can.

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Why “instant title” is a misnomer for mortgage lenders

Housing Wire

HousingWire recently spoke with Matt Regan, EVP of Transaction Management Systems at Flueid , about the need to redefine “instant title” to focus on adding value to loan evaluation and decision-making rather than just delivering the title commitment faster. A faster title commitment should equal a faster closing, right?

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Why lenders should be asking for a title check at loan application

Housing Wire

In December, HousingWire spoke to Flueid about the concept of instant title and why it is a misnomer for mortgage lenders. HousingWire: HousingWire recently spoke to Flueid about the concept of instant title and why it’s a misnomer for mortgage lenders. We’ve seen this shorten the transaction timeline by only about a day.

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Radian aims to shorten loan cycle times and increase transparency with title solution Radian Ready

Housing Wire

Title reports can be confusing, while at the same time lenders seek to reduce time and friction in the loan origination cycle to remain competitive and provide their borrowers with excellent customer service. Its simplified grading system provides clarity for consumers at every stage.

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