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How gen AI is making real estate cybercrime easier than ever

Housing Wire

Previously, ONeill said cybercriminals would specialize in certain parts of the crime or in certain technologies. Now, however, ONeill says AI has made it where cybercriminals dont really need any level of technological proficiency. It was a direct replica of the actual title companys website.

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FinLocker says it will cover 100% of mortgage verification costs

Housing Wire

FinLocker details that the initiative will eliminate verification costs at all stages of the mortgage journey, from prequalification and underwriting to final reverification before closing. ” FinLocker indicated that future initiatives will target other high-cost areas like title expenses. ”

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Longbridge goes beyond reverse with Figure partnership, new ‘HELOC for Seniors’

Housing Wire

Longbridge CEO Chris Mayer made the announcement from the stage on Tuesday at The Gathering by HousingWire. Figure CEO Michael Tannenbaum discussed the partnership by saying that his company’s technology acumen can help provide the new product with “automation, standardization and speed” from its existing platform, FigureConnect.

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New TRREB Rules: How Will They Affect YOU?

Toronto Realty Blog

Now, moving on to the most important part, check out section (a) again: Digitally altered images including the use of any artificial intelligence system or technology to create, alter, or enhance images or digital staging that do not accurately depict the listing. What about virtual staging ? Is this still allowed?

MLS
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8 ChatGPT Image Hacks Every Real Estate Agent Should Know

BAM Media

What if I told you a $20-a-month AI tool could do your staging , design, and marketing in seconds? Think virtual staging, interior design renderings, custom graphics, you name it. Virtual Staging Empty listing? Virtual staging with ChatGPT is like hiring a digital stager who works in seconds. No furniture? No problem.

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Luxury brokerage Douglas Elliman is now in the mortgage business

Inman

Mortgage broker Elliman Capital, a "strategic alliance" with Associated Mortgage Bankers Inc., will offer traditional and specialty loan products "from multiple national and regional lenders."

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Can AI launch the title industry into the future in 2024?

Housing Wire

With its four largest firms all at least 100 years old, the title insurance industry has a bit of a reputation for being antiquated and technology averse. “I The title industry has worked hard over the last few years to shed that reputation. Not only did it take a lot of time, but it cost a lot of money.