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$2.3 Million Settlement in AI-Screening Discrimination Lawsuit

$2.3 Million Settlement in AI-Screening Discrimination Lawsuit

by Phil Hall | Nov 21, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

A federal court has approved a $2.3 million settlement that resolves charges that SafeRent, an artificial intelligence (AI) screening tool used by landlords, used its algorithm scores to determine if a rental housing applicant using vouchers should be approved as a...
BSI Financial Services Debuts Tool to Predict Refinancing by Borrowers

BSI Financial Services Debuts Tool to Predict Refinancing by Borrowers

by Phil Hall | Oct 24, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

BSI Financial Services, an Irving, Texas-headquartered mortgage fintech platform, has launched Portfolio Guardian, an artificial intelligence (AI)-driven predictor model designed to calculate the likelihood of whether a borrower will refinance their mortgage within...
CoreLogic Debuts Araya, AI-Enabled Housing Data Platform

CoreLogic Debuts Araya, AI-Enabled Housing Data Platform

by Phil Hall | Oct 10, 2024 | Current News & Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

CoreLogic has introduced Araya, a platform that combines housing data with artificial intelligence (AI)-enabled analytics to offer property, market and portfolio insights. According to the company, the new platform’s solutions include such categories as property...
Rocket Companies Names New EVP of Product Engineering

Rocket Companies Names New EVP of Product Engineering

by Phil Hall | Oct 7, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

Rocket Companies (NYSE: RKT), the Detroit-based parent company of Rocket Mortgage, has hired Papanii Okai as executive vice president of product engineering. In this newly created role, Okai will work with the company’s senior technology leaders to create AI-driven...
Realtor.com Debuts AI Design Tool for Homeowners

Realtor.com Debuts AI Design Tool for Homeowners

by Phil Hall | Sep 9, 2024 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Realtor.com has unveiled Renovation Designer, a generative artificial intelligence (AI) design tool to provide users with visualizations of exterior and interior home renovations. According to the company, the new tool is powered by the residential 3D property data...
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