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Closing the gap: How Rocket Close has streamlined its platform experience

Housing Wire

Rocket Close and Rocket Pro have taken a major step forward by integrating the two platforms into a single, more efficient platform, designed to simplify the closing process and enhance the broker experience. HousingWire: Rocket Close has recently undergone a bit of a change. No logging into another system.

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The biggest challenge for the reverse industry in 2024? Mortgage rates

Housing Wire

That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. Rates re-emerged as a challenge and continue to be as the year winds down to a close. I think that’s true from an industry standpoint.

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ServiceLink expands closing technology

Housing Wire

Mortgage solutions provider ServiceLink has introduced updates to its EXOS Close platform aimed at increasing scheduling flexibility for lenders and borrowers. If approved by the lender, eligible borrowers can immediately schedule their closings online.

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FCC says new rules for robocall and text opt-outs will take effect in April 2025

Housing Wire

The new guidelines are designed to make it easier for consumers to revoke consent for unwanted robocalls and texts. The effective date for the new rule is April 11, 2025, giving the mortgage and real estate industries roughly six months to become compliant.

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Lone Wolf Technologies releases Deal Tracker dashboard

Housing Wire

Lone Wolf Technologies has released Deal Tracker, a new pipeline dashboard designed to give real estate agents a centralized, real-time view of the home transaction process from initial contact through closing. A visual pipeline tracker displays transaction steps, from warm leads to closed transactions.

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AgentCoach.AI is deploying bots to train real estate agents

Housing Wire

Users can access AI bots designed to assist agents with general real estate knowledge, sales, marketing , negotiation and motivation. The company cites high home prices as a key barrier blocking agents from closing deals more effectively. Each training bot is designed to tackle one of five challenges that real estate agents may face.

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Climate risk is rising. It calls for a rethinking of home insurance coverage

Housing Wire

For homeowners with conventional loans backed by Fannie Mae and Freddie Mac , insurance at replacement cost is mandatory, but flood insurance is only required in designated flood zones. Pete Carroll, executive of public policy and industry relations at CoreLogic , said that he’s heard divided opinions from insurers.