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CRMLS releases REcenterhub dashboard

Housing Wire

After being available as part of the REcenterhub ecosystem since 2022, it has now become the default dashboard for CRMLS’ user base of more than 110,000 real estate professionals. Developed internally by CRMLS, the REcenterhub dashboard introduces a range of new features designed to streamline productivity for real estate professionals.

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Zillow’s new AI feature can talk to home shoppers like it’s a friend

Housing Wire

It is also training machine learning models to get better at responding to users’ queries in “human-like sentences.” “Beyond easy-to-filter criteria like bedrooms and bathrooms, buyers are considering many other specific features that match their unique lifestyle,” Jenny Arden, Zillow’s chief design officer, said in a statement.

Tools 406
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Hope Through Housing uses MLK Grant to fund after school programs

Housing Wire

In 2022, they were the recipients of an MLK grant which will be used to fund their youth development initiative. This grant is directly aligned with our goal to provide the tools, guidance and resources needed for youth to realize their full potential.

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Reverse purchase financing: The financing option no one is talking about

Housing Wire

Did you know that in 2022, both younger and older Baby Boomers made up the largest generation of American homebuyers? That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased!

Finance 467
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ProxyPics Partners with Freddie Mac to Simplify Refinance Mortgages in the Digital Age

Appraisal Buzz

Chicago — ProxyPics makes wave as the first Property Data Report provider for Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report), launch made effective on July 17, 2022. ProxyPics is a patented technology designed to collect photos and data of any subject in under 24 hours, national average.

Training 221
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White House marks one year of PAVE appraisal bias action plan

Housing Wire

HUD also announced this week that it had awarded $54 million in grants across 42 states designed to curb appraisal bias.

Appraisal 373
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Why lenders should implement automation sooner than later

Housing Wire

Now more than ever, there is a need to add automation tools into the loan origination manufacturing process that actually help lenders see a return on investment (ROI). If lenders are using “automation tools” that are not helping them review these points, they could really be opening themselves up to a lot of potential risk.

Tools 418