Mortgage executives advise lenders to leverage know-how or threat falling behind
Lenders have been requested to leverage know-how and adapt to the altering mortgage market. housing wire‘s 2025 Mortgage Banking Summit. Consultants have warned that corporations that fail to evolve may very well be left behind as new applied sciences similar to AI and blockchain drive business transformation.
Zillow, ChatGPT launch app integration
Shoppers can now seek for properties on the next websites: Jiro Through ChatGPT. Entry to Zillow’s apps is obtainable by way of ChatGPT, making Zillow the one actual property app accessible instantly by way of the ChatGPT platform.
Douglas Elliman launches AI assistant app
Douglas Elliman We launched Elli AI, an assistant app for actual property brokers. It would initially be accessible in Florida, with plans to roll out nationwide in 2026. The app supplies MLS search performance, generates model studies, and supplies data-driven market insights.
Realtor.com launches AI-powered dwelling search instrument
realtor.com has launched an AI-powered dwelling search instrument that personalizes properties primarily based on person enter. The instrument goals to simplify the house search course of by permitting customers to naturally enter their most well-liked settings and supply personalized outcomes immediately.
Proof launches new safe digital identification instrument Certify
Digital identification verification and transaction safety platform proof launches Certify, a brand new cryptographically safe digital identification instrument. As proof of that, Certify permits you to immediately legally digitally signal any content material utilizing your verified authorized identification.
TRUE and Candor launch revenue verification instrument “Instantaneous Revenue Readability”
fact and candar know-how has launched Instantaneous Revenue Readability, an AI-driven instrument that verifies a borrower’s revenue in minutes, growing effectivity and lowering prices of the mortgage course of.
Zillow’s ChatGPT integration could redefine or violate MLS insurance policies
Zillow’s integration with ChatGPT permits customers to seek for properties utilizing AI, sparking a debate about MLS information compliance. Whereas Zillow insists on adhering to present agreements, business specialists query potential coverage violations and the impression on MLS information worth.
Milo’s Josip Rupena talks about growing buyer wealth by way of crypto lending
Milo’s crypto mortgage mannequin has allowed clients to develop their fairness by over $100 million and purchase a house with out promoting their Bitcoin. This revolutionary method is reshaping the mortgage panorama as cryptocurrencies turn into extra mainstream.
Florida brokerage endures actual property cybersecurity nightmares and classes realized
The harrowing expertise of an actual property agent with AI-powered fraud reveals the business’s vulnerability to classy cyber-attacks. This incident, which concerned 36 brokers and their households, is a stark reminder of the necessity to strengthen cybersecurity.
