AI usage is becoming the new standard for most brokerages

The use of artificial intelligence (AI) is becoming the new norm for many real estate agents and brokerages. Real estate technology provider Delta Media released a new report that highlights a sharp jump in AI usage from last year.Delta’s annual real estate leadership survey explores insights from b

RMF-backed proprietary securitization undergoing further review

A securitization of private reverse mortgages originated by Reverse Mortgage Funding (RMF) will require additional review due to the lender’s 2022 bankruptcy, according to a statement on the securitization issued by credit rating agency KBRA.“RMF Proprietary Issuance Trust 2019-1 (RPIT 2019-1),” whi

Senate banking chairman says CFPB changes could come ‘soon’

Sen. Tim Scott (R-S.C.), the chairman of the Senate Committee on Banking, Housing and Urban Affairs, recently told a group of reporters that news about changes at the Consumer Financial Protection Bureau (CFPB) under the Trump administration could be imminent.The news was first reported by American

Side, other brokerages settle new copycat commission lawsuit

The real estate industry is facing yet another copycat commission lawsuit. But unlike previous cases, this one appears to have simply been a vessel to facilitate nationwide settlement agreements. Filed on Monday in Missouri, the lawsuit’s lead plaintiff is Jeremy Keel, but other named plaintiffs inc