Rocket Mortgage: Patented AI process cuts turn times by 25%

The Detroit-based lender unveiled “Rocket Logic” on Tuesday, an AI-fueled platform that can glean insights from 10 petabytes of proprietary data and transcripts from 50 million borrower calls each year. Continue reading

From data to deals: Machine learning’s impact on real estate

As we watch the technological evolution of AI unfold, the idea of a modern-day crystal ball in real estate seems less like fantasy. Sheila Reddy explains how machine learning and AI could help your business in the future, more than you might think.  Continue reading

Latest Ocrolus offering is designed specifically for mortgage lenders

The leader in artificial intelligence-driven financial document automation has combined three of its solutions into a mortgage dashboard for classifying, capturing and analyzing borrower documents. Continue reading

Computer vision pioneer Restb.ai unleashes its tech on valuations

The Valuation Product Suite is geared at modernizing the appraisal process and assisting in compliance with new Fannie Mae and Freddie Mac programs that make it easier to get loans approved without an appraisal. Continue reading

AppFolio exec: AI is about ‘activity elimination,’ not axing human jobs

Rather than being replaced by artificial intelligence, the real estate agent of the future will have fewer rote tasks to perform, Cat Allday, AppFolio’s vice president of AI and product operations, tells Intel. Continue reading

Rapattoni, Restb.ai advance MLS partnership, service tools

Industry solutions provider of more than 50 years, Rappatoni will leverage the full brunt of Restb.ai’s unique image intelligence capabilities. Continue reading

Bright becomes first multiple listing service to hire a chief data officer

Thomas Morgan’s appointment aims to “redefine what it means to be an MLS” and falls in line with other high-profile hires this year that are also at least somewhat unusual for an MLS. Continue reading

Mortgage tech provider Gateless looking to ride automation wave

The mortgage technology company founded by Guaranteed Rate CEO is integrating with Fannie Mae and Freddie Mac and partnering with Google Cloud, it was announced this week. Continue reading

Maxwell aims to help small lenders simplify mortgage document review

“Stare and compare” work performed by human mortgage loan processors is not only inefficient but can introduce errors and inaccuracies. Continue reading

Guaranty Home Mortgage Corp. to automate doc processing with AI

Mortgage lenders seeking economies of scale are automating much of the loan application and underwriting process, helping them price loans competitively and take market share from less efficient lenders. Continue reading