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

Tomer Fridman and Sally Forster Jones form new team

The LA-based luxury powerhouse agents have been collaborating together at Compass for six years, and after clients suggested they make their partnership official, the pair have formed Jones Fridman International. Continue reading

Brokers brace for NAR settlement to drive commissions south: Intel

A $418 million settlement in March by NAR caught agents and leaders by surprise. In a mixed bag of responses to the latest Intel Index poll, they shared their early reactions and existential fears. Continue reading

Title data is helping real estate agents and lenders prospect

DataTrace, which now operates more than 1,800 U.S. title plants, says the remarkable granularity of its data can help identify renters who are getting ready to buy, empty nesters and fix-and-flip investors. Continue reading

Spain to eliminate ‘golden visa’ program for foreign investors

The program, which allows non-European Union citizens who invest at least 500,000 euros in Spanish real estate three years of residency, will soon be eliminated amidst affordability concerns, Prime Minister Pedro Sanchez said. Continue reading

Investor or agent? 5 moneymakers share why agents should be both

Five investor-agents, each of whom has achieved success on both sides of the equation, shared their actionable insights and winning formulas for nailing a pivotal but tricky professional shift. Continue reading

WATCH: How agent compensation works in a post-lawsuit world

James Dwiggins and Keith Robinson discuss the shifting landscape of agent compensation following the proposed NAR settlement with Ed Zorn, vice president and general counsel for California Regional MLS. Continue reading

New York Republicans aim to roll back so-called ‘squatters rights’

New York State Sen. Mario Mattera and Assembly member Ed Flood introduced new legislation last week that aims to make it easier for property owners to remove squatters from their land. Continue reading