Rocket Mortgage continues push into AI with Instabase partnership

The number of homebuyers who enjoy the process of getting a mortgage might be able to be counted on one hand. And while taking out a six- or seven-figure loan is probably never going to be fun, Rocket Mortgage has a plan to at least make it easier.The country’s largest mortgage lender announced a pa
Read MoreCFPB turns rulemaking eye toward AI use in automated home appraisals

The Consumer Financial Protection Bureau (CFPB) this week announced the approval of a new rule that aims to govern “current and future applications of complex algorithms and artificial intelligence used to estimate the value of a home.” The rule specifically targets automated valuation models (AVMs)
Read MoreBuilding stronger communities: A blueprint for a community-centric business

In an era where businesses are increasingly expected to contribute to the well-being of their communities, finding the sweet spot between local engagement and national growth can feel like an impossible challenge. However, tailoring your business model to resonate with the communities you serve buil
Read MoreSouth River president on 2024 reverse mortgage industry’s competitive landscape

Top 10 reverse mortgage industry lender South River Mortgage is aiming to focus on its strengths. In addition to offering a proprietary reverse mortgage product option and transitioning last year from a broker to a direct lender, the company is focusing on its core business while staying engaged wit
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