Although GAAP profitability continues to elude Opendoor Technologies, the company reported a positive result under one non-GAAP measure, its first in three years. The company, which facilitates cash offers for real estate buyers, cut its net loss from the previous year by 68%, but guidance going forward was less encouraging. These results were announced after […]
Opendoor reduces losses by 68% in the second quarter Read More »
Last month, Rhode Island enacted a new cybersecurity law significantly tightening cybersecurity requirements for nonbank financial institutions within the state, largely mirroring the framework established by the New York Department of Financial Services, or NYDFS. The law, effective immediately, applies to nonbank financial institutions licensed by the state’s Department of Business Regulation and signals a
Rhode Island writes its own cybersecurity rules for nonbanks Read More »
Mortgage applications rebounded this week as a drop in mortgage rates encouraged a bump in purchases and refinancing. In its weekly applications survey, the Mortgage Bankers Association reported a 3.1% increase in mortgage applications week-over-week. Both purchases and refinances saw upticks, with the refinance index up 5% from the week before and the seasonally adjusted
Rate drops offer reprieve for mortgage applications Read More »
Are you wondering if you’re on track to retire someday? According to Intuit, 69% of people say today’s financial environment makes it tough to plan for the future, and 68% aren’t sure they’ll ever be able to retire. That’s why many people are exploring new ways to build stability and long-term income. And that’s where
A Second Home Might Be the Missing Piece in Your Retirement Plan Read More »
There is nothing more excruciating to a title agency owner than the uncertainty engendered by a chaotic and unpredictable economic environment. Welcome to 2025, where continued economic volatility and the prospect of a recession continue to exert their impact on real estate markets. On the upside, employment numbers have remained steady, and housing inventory has
Christie’s International Real Estate Southern California has launched a cryptocurrency real estate division. The new division debuts with more than $1 billion in luxury listings accepting digital currency, including what the company says is the most expensive home ever offered for cryptocurrency. “This is the moment crypto wealth meets tangible luxury,” said Aaron Kirman, CEO
Christie’s Southern California launches crypto real estate division Read More »
The San Francisco Association of Realtors (SFAR) has partnered with Collov AI to provide its more than 4,000 members access to artificial intelligence-powered virtual staging tools. Beginning this week, the tools will be available directly through SFAR’s multiple listing service platform. The technology allows real estate agents to transform empty rooms into photorealistic, professionally designed
San Francisco Realtors add virtual staging tools Read More »
Sapiens Decision AI Decisioning Platform (“Decision”) Sapiens Decision is an intuitive modern AI decisioning SaaS solution designed for automating complex decisions. Our visual modeling workbench is based on a proven methodology that covers decision modeling, testing, and governance. Auto-generation of code from models reduces time, cost, and defects. Sapiens Decision is technology agnostic with standards-based
August Demo Day: Sapiens Decision AI Decisioning Platform (“Decision”) Read More »
Vesta LOS Vesta is the next-generation mortgage LOS that reduces lenders’ operational cost by “inverting control,” guiding users through the loan. With data-driven tasks, validations, and native automations, Vesta eliminates manual work — enabling faster closing times, higher loan quality, and greater efficiency. Product Fast Facts #1 Built-In No-Code Automation: Automates processes like running credit,
August Demo Day: Vesta LOS Read More »
Blend’s DocAI Blend’s DocAI revolutionizes mortgage and home equity closings by automating document processing, dramatically shortening time to close and boosting customer satisfaction. Product Fast Facts #1 Instantly verify uploaded document type and check for data mismatches, shortening time to close and accelerating decision making #2 Real time checks at the beginning of the process
August Demo Day: Blend’s DocAI Read More »