Technology
With the sluggish housing market, potential recession, and other factors keeping potential homebuyers on the sidelines, mortgage companies, along with others across the housing industry, have been looking for ways to drum up new business and stay afloat. In many cases, that has translated to making big investments into new technology to set themselves apart from the competition. In turn, fascinating advances are being made to the mortgage technology space, from AI-powered customer support options to new listing and lending platforms that offer potential homebuyers and sellers unique and advanced tech features.
Given how quickly the new advances are emerging, it’s important for mortgage industry professionals to keep their fingers on the mortgage technology pulse. The advances being made in this part of the industry can have a significant impact on how real estate business is conducted, and you can stay up-to-date on the mortgage technology news you’re looking for with HousingWire’s mortgage tech coverage.
Latest Posts
Smarter leads, lower costs: Agentic AI’s impact on loan officer efficiency
May 09, 2025The expense associated with originating mortgage loans has been escalating, with the current average cost approximating $11,600 per loan. A substantial component of this expense is attributed to Loan Officer Compensation (LO Comp), which typically constitutes 1% to 2% of the loan amount and represents nearly half of the total origination cost. This heightened compensation framework is primarily propelled by the considerable cost of lead acquisition, further aggravated by the lower conversion rate of leads.
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Will the real Tamir Poleg please stand up?
May 08, 2025 -
Clear Capital launches data solutions business, PropertyNova
May 08, 2025 -
The coming mortgage boom: Why the right kind of AI will define the next era
May 06, 2025 -
Earnnest, CRMLS enter strategic partnership
May 05, 2025 -
AppraisalVision launches AI-powered appraisal execution system
May 05, 2025 -
Prudent AI launches one-touch pre-qualification platform
May 05, 2025 -
LERETA, Sagent integrate real estate tax and flood service solutions
May 02, 2025 -
Precision partners: How AI and human expertise are elevating lending excellence
May 01, 2025 -
Sagent launches attorney portal on Dara platform
May 01, 2025 -
FHA implements multifactor authentication for Catalyst to root out phishing scams
May 01, 2025 -
Remarkable Mortgage taps CANDID to scale smarter and grow faster
May 01, 2025 5:00 am