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Rocket launches patented AI-driven tech platform

Housing Wire

Rocket Mortgage ’s bet on artificial intelligence (AI) has resulted in a patented platform called Rocket Logic, which can automatically process nearly 90% of data points extracted from documents in a month and reduce by 25% the number of times a professional interacts with a mortgage loan year over year, the company claims.

Loans 462
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How AI will transform the mortgage and appraisal industries

Housing Wire

Every business is on the brink of significant transformation driven by the potential of Artificial Intelligence (AI) and workflow automation, and the mortgage industry is no exception. HousingWire spoke with Gareth Borcherds , managing director at Ascent Software Group about how AI is speeding up processes in the mortgage industry.

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Industry experts detail the benefits, challenges of AI

Housing Wire

As artificial intelligence continues to grow in prominence, mortgage professionals “must carefully evaluate and manage” their use of AI and “focus on deriving the benefits while avoiding potentially catastrophic risks.” They go on to describe the potential significance of AI in multiple areas of mortgage lending. trillion in 2032.

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AI in real estate: Assessing current and future use cases

Housing Wire

Different use cases Each panelist comes to the AI discussion from a different angle. Lickstein helped craft an AI-powered tool designed to educate brokers and is currently developing a compliance framework. We have a strong opinion on how AI will impact the industry and where it’s going,” Team began. Team asked.

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reAlpha launches AI-powered buyers’ agent chatbot

Housing Wire

Our goal when creating Claire was simple: to completely reinvent the homebuying process through the use of AI to help homebuyers find their dream home, at a great price, with the best experience.” Claire is currently available in the Florida counties of Palm Beach, Miami-Dade and Broward.

Agents 417
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14 indispensable AI tools for real estate agents

Housing Wire

Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. Since real estate tech changes by the hour these days, we did a deep dive into the most helpful AI tools for real estate agents on the market today. Vetted by HousingWire | Our editors independently review the products we recommend.

Agents 420
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Rocket CEO talks new AI tool, changes in leadership and M&As

Housing Wire

Rocket Mortgage launched a new artificial intelligence (AI) tool on Tuesday that allows its client experience teams to analyze sentiment, record behavior patterns, transcribe conversations and create tailored experiences during customer interactions. The lender estimates it will save tens of thousands of hours annually.

Loans 415