article thumbnail

How scammers are using AI to commit new fraud in real estate

Housing Wire

One of the advancements this year has been the adoption of new technology platforms like chatGPT, using AI to mimic somebody’s voice to spoof phone numbers. And that’s all publicly available technology now. And then they will impersonate the property owner. And the seller net proceeds continue to be a target.

article thumbnail

Tell-Tale Signs You Should Hire a Specialist in Real Property Management – Columbus, Ohio

The Robert Weiler Company

Let’s face it, property management is a long-term ordeal, and not everyone has the time to perform real property management – you are not alone. Maintaining and running a property can quickly become overwhelming. If so, they may be signs that you need help from an on-site property manager for hire!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Verification solutions provider Xactus acquires MassiveCert

Housing Wire

Xactus will add flood services to its list of verification solutions with the acquisition of MassiveCert , a software company that provides flood zone determinations for insurance, lending and real estate. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed.

Insurance 299
article thumbnail

WFG reduces time and cost in real estate transactions

Housing Wire

By focusing on its clients and their processes, WFG helps compress the time required to close a loan and/or transfer real property ownership. That, plus challenges with capacity, as well as technology integration and implementation, continue to inform WFG as we develop new solutions that address our customers’ needs.”

article thumbnail

How to reduce appraisal turn times and improve the borrower experience

Housing Wire

When supported by the right technology, appraisers can substantially reduce their turn times and improve customer service. At Voxtur, we are focused on solving legacy industry issues with technology. And with the option to white label the technology, lenders can control messaging, branding, and service delivery.

Appraisal 389
article thumbnail

Compass acquisition could worry some California agents

Housing Wire

Under the agreement, the California Association of Realtors gained “access to a comprehensive suite of tools allowing them to create, manage, negotiate, and close offers on real property, all at no additional cost and integrated with their MLS platforms,” read the March release.

Agents 352
article thumbnail

Remote online notarization is the proper path forward for digital closings

Housing Wire

The strong standards in the bill are important to prevent fraud and offer consumers a more secure alternative rather than simply using free online audio-audio technology when buying property or refinancing a mortgage. In real estate transactions, notarizations must provide certainty for property transfer.

Law 431