Robert Reffkin highlights Compass’s AI platform and agent advocacy efforts
Compass is gearing up to unveil a cutting-edge AI platform that aims to revolutionize the real estate industry. The platform is designed to streamline tasks, identify opportunities, and provide agents with real-time support through voice or text. CEO Robert Reffkin provided a sneak peek of features such as instant tour creation, drafting comparative market analyses, calendar integration, and proactive client engagement.
Blue Sage Solutions integrates rent payment data into Freddie Mac mortgage assessments
Blue Sage Solutions has introduced a new feature that allows lenders to consider rent payments when making mortgage decisions using Freddie Mac’s updated credit tool. This initiative is aimed at increasing homeownership opportunities for renters with limited credit history.
FHA implements multifactor authentication on Catalyst platform
The U.S. Department of Housing and Urban Development has begun implementing multifactor authentication on the Federal Housing Administration Catalyst platform to enhance security and protect sensitive data from cyber threats. All users are required to adopt the new authentication method by July 28 to ensure continued access to the platform.
Prudent AI introduces innovative non-QM underwriting tool
Prudent AI has launched a groundbreaking automated underwriting system for non-QM loans, offering lenders valuable insights into loan viability early in the process. The tool applies investor-specific guidelines at submission, aiming to streamline operations and support borrowers with nontraditional income or credit profiles.
Experts weigh in on Zillow vs. Homes.com strategies
Industry experts are discussing the contrasting approaches of Zillow and Homes.com in the digital real estate landscape. While Zillow directs leads to Premier Agents, Homes.com connects them directly with listing agents. This divergence reflects differing views on agent control, consumer experience, and listing marketing strategies.
Clear Capital integrates appraisal reviews with ICE
Clear Capital has seamlessly integrated its automated appraisal review platform, ClearCollateral Review, with ICE Mortgage Technology’s Encompass Partner Connect. This integration allows lenders to access review tools within their loan origination systems, enhancing efficiency and reducing risk without the need for custom technical setup.
Newrez appoints former Rocket CIO Brian Woodring
Newrez has named Brian Woodring as chief information officer, overseeing technology strategy and advancements, including AI, digital products, and IT infrastructure. This hiring decision is part of Newrez’s efforts to enhance platform growth and improve loan origination and servicing processes.
Goby Homes introduces innovative property transaction platform
Goby Homes has launched a cutting-edge platform to enhance transparency and reduce cybersecurity risks in real estate transactions. Founder Terrence Nickelson was honored as NAR’s iOi Innovator of the Year for his tech-driven approach to improving communication and minimizing deal fallout.
Partner Real Estate unveils instant offers platform
Partner Real Estate has rolled out the Instant Offers Exchange, a platform that provides sellers with multiple cash offers within minutes, without any obligation to accept. The platform aims to empower agents, offer clients more flexibility, and streamline the sales process without the need for showings, staging, or upfront fees.