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Blend’s new AI-powered chat tool isn’t like the others

Housing Wire

Mortgage tech firm Blend Labs has launched its first AI-powered chat tool, which it says will allow loan officers to be more efficient and offer a far more personalized touch for prospective borrowers. In a previous interview with HousingWire, Ghamsari noted AI is about combining an understanding of what the client is trying to accomplish.

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Stavvy’s Jeremy Potter on streamlining servicing through technology in 2022

Housing Wire

In 2022, many Americans affected by COVID-19 will need to make a decision about the resolution to their mortgage forbearance,” said Jeremy Potter, head of legal and capital markets at Stavvy. We’ve experienced the important role technology can play in helping homeowners access the tools and solutions their mortgage servicer is offering.

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The Real Brokerage settles Umpa commission lawsuit for $9.25M

Housing Wire

In addition to the monetary award, Real has also agreed to implement business policy changes as part of the settlement, including “clarifications about the negotiability of commissions, prohibitions on claims that buyer agent services are free, and the inclusion of listing broker compensation offers in communications with clients.”

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Tane Cabe joins C2 Financial’s reverse mortgage division

Housing Wire

Tane Cabe Prior to joining Fairway in 2022 as the reverse division’s business development manager for the Home Equity Conversion Mortgage (HECM) for Purchase program, Cabe served as VP of 55places Mortgage and as a branch manager for Churchill Mortgage originating HECM and standard home loans. “C2

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Three in four baby boomers don’t use homebuyer resources

Housing Wire

But a significant portion of this generation remain renters and are utilizing homeownership tools less frequently than younger age groups. Even as many boomers remain in the long-term renter pool, they were also the nation’s largest demographic of homebuyers in 2022. NeighborWorks surveyed some 2,200 adults from Jan.

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Jeff Nelson returns to Guaranteed Rate after a two-year absence 

Housing Wire

“Over the past couple of years, I have learned that Guaranteed Rate is truly the company with all the tools and the platform to help originators grow their business and provide the best service for customers and clients.” Since leaving Guaranteed Rate, Nelson held executive positions at Nations Lending and Movement Mortgage.

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Baird & Warner partners with data provider RealReports

Housing Wire

The tool also comes with an AI-powered assistant, Aiden, which can answer many questions about a property. “In RealReports offers an unparalleled alternative to conventional property resources that will multiply our agents’ effectiveness and efficiency, while providing unique value to clients.”

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