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Closinglock Debuts ID Verification Solution for Real Estate and Title Agencies

Closinglock Debuts ID Verification Solution for Real Estate and Title Agencies

by Phil Hall | May 30, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closinglock, an Austin-based provider of fraud prevention solutions for the real estate industry, has introduced a new identity verification solution for real estate firms and title agencies. The new solution includes the ability to identify fake driver’s...
Mortgage Rates Go Up, Up and Away

Mortgage Rates Go Up, Up and Away

by Phil Hall | May 25, 2023 | Mortgage Information, News/Current Events, Real Estate Agent Tools, U.S. Housing Market, WRE News Exclusive

Mortgage rates were soaring again in the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.57% as of May 25, up from last week when it averaged 6.39%.  A year ago at this time, the rate averaged 5.10%. The...
MBA: Net Loss Tumult Eased for Independent Mortgage Banks in Q1

MBA: Net Loss Tumult Eased for Independent Mortgage Banks in Q1

by Phil Hall | May 18, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, U.S. Housing Market, WRE News Exclusive

There was bad news and good news for independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks during the first quarter of this year. The bad news: these entities reported a net loss of $1,972 on each loan they originated during the quarter,...
Zillow Debuts ChatGPT Plugin

Zillow Debuts ChatGPT Plugin

by Phil Hall | May 3, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Group (NASDAQ: Z, ZG) has reinforced its place on the artificial intelligence bandwagon with its new Zillow ChatGPT plugin. According to the Seattle-headquartered company, the plugin enables use of conversational language for inquiring about specific property...
planetRE Unveils Aelo.Ai virtual staging platform

planetRE Unveils Aelo.Ai virtual staging platform

by Phil Hall | May 2, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

planetRE, a San Jose-based enterprise software company, is now offering Aelo.Ai, a fully automated artificial intelligence (AI) virtual staging platform designed to allow real estate agents and builders to show buyers and prelisted sellers a variety of home interior...
Spotlight On: Five New Real Estate Books

Spotlight On: Five New Real Estate Books

by Phil Hall | Apr 20, 2023 | Real Estate Agent Tools, Real Estate News, Spotlight On, WRE News Exclusive

So, have you read any good books lately? If you’re in the market for an engrossing and invigorating new book focused on the real estate world, here are five new titles that might satiate your bibliophile needs. “The Agent’s Edge: Secret Strategies to Win Listings and...
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