Facing lawsuits and enforcement actions by attorneys general in several states, the company said Thursday it would shut down about two weeks after being sued by Connecticut’s Attorney General.
Category: Buyers Tools
Flyhomes’ NeighborVote reveals neighborhood political leanings
NeighborVote combines precinct-level voting data aggregated by the MIT Election Data & Science Lab with Flyhomes AI, allowing users to ask questions, such as “Is this home in a red or blue neighborhood?” or view political insights directly on a home’s listing page, according to the report.
Fannie and Freddie will let more buyers off the hook for an appraisal
Appraisal waiver programs that rely on automated valuation models will be expanded next year to allow participation by homebuyers putting less than 20 percent down.
UWM and Rate join the $802K conforming loan limit party
With prices rising, it’s becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on FHFA’s official announcement.
Rate has now taken 10K loan applications en Español
DHI Mortgage, Rate and CrossCountry Mortgage ranked as biggest employers of top-producing Latino mortgage originators by the National Association of Hispanic Real Estate Professionals (NAHREP)
HomeLight lands $20M, adds 40 new ‘Buy Before You Sell’ states
HomeLight is partnered with more than 10,000 loan officers and 28,000 real estate agents to offer Buy Before You Sell in 46 states and Washington, D.C. — everywhere but Alaska, Massachusetts, New York and Rhode Island.
Consumers want lowest mortgage rate, but most won’t shop for it
ICE Mortgage Technology survey finds 84 percent of homeowners who have taken out a mortgage in the last five years only considered one or two lenders before closing the deal.
Local Logic helps power Lundy’s Finding Homes voice search
Local Logic, the community and market insights marketing solution, will be working with Lundy, an AI-derived voice search option for the visually impaired.
Rocket Homes tech chief unpacks ‘Explore Spaces’ visual search tool
Rocket Homes Chief Technology Officer John Fair told Inman the tool has already resulted in users spending nearly twice as long on the lender’s website and returning six times more frequently.
Xome’s DIY platform lets investors sell homes without an agent
Homeowners can’t sell a primary residence through Xome’s seller portal without a listing agent, but can hire an agent on their own or ask Xome to match them with one.