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Zillow’s new AI tool aims to promote equality in housing

Housing Wire

Zillow announced the release of an open-source tool, the Fair Housing Classifier , on Tuesday as part of the company’s efforts to “promote responsible and unbiased behavior in real estate conversations powered by large language model (LLM) technology.“ System developers have the ability to intervene in these cases. .”

Tools 317
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Stavvy’s all-in-one platform makes legal and financial transactions easier, safer and more accessible

Housing Wire

As state and federal regulations are poised to (slowly) move the industry forward in the coming years, Stavvy has built a suite of tools to solve these problems today. While technology has improved processes for many industries, the way a home loan is transacted still hasn’t changed much over the years.

Legal 253
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16 real estate prospecting ideas, tips & tools for 2023

Housing Wire

There are numerous methods an agent can use to prospect, some traditional and others that leverage technology. As you can probably guess, digital prospecting leverages online platforms and technologies to generate leads. Advertising costs money, and is specifically designed to reach your ideal clients.

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Solving for fraud, biometrics are the future of mortgage

Housing Wire

Better, faster, cheaper has long been the promise of technology in the mortgage industry. Some may argue whether today’s technology is that much better than the tools we used in the past, particularly in the servicing business where many still use platforms designed and first built decades ago.

Mortgage 381
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Stavvy lands $40 million Series A for aggressive growth

Housing Wire

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. We are adding resources to engineering, security and trust, product, industry relations, legal, compliance and more. Presented by: Sagent Lending Technologies.

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Trade groups warn of “unintended consequences” from proposed AVM rules

Housing Wire

On June 1 , six federal agencies requested comments from the public on a rule designed to ensure the credibility and integrity of models used in real estate valuations. The agencies intend to tackle two challenges evident during the Covid-years refi boom: higher costs due to appraiser shortages and concerns regarding bias in home valuations.

Valuation 353
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How DocMagic is helping accelerate digital closings

Housing Wire

The company’s powerful, end-to-end eMortgage technology is available via an intuitive interface that can be deployed quickly, and the company prides itself on its highly consultative approach designed to make the transition as easy as possible. By 1988, it was incorporated and had employees, functional technology and customers.