Why a 2008 housing crash can’t happen again
Since 2012, every year we have heard that it’s about to be 2008 all over again for the housing market, as people try to get attention by implying home prices are going to crash like they did starting in 2007 and ending in 2011. However, the housing credit markets have changed in such a fashion that
Read MoreReverse mortgage vet Bruce Simmons on success in sales: ‘What is my why?’

At last week’s Reverse Mastermind Summit in Tennessee, Bruce Simmons of American Liberty Mortgage shared some of the secrets behind his successful career as a reverse mortgage originator. His motivational message to the audience centered around helping them answer a key question: What is my why? Sim
Read MoreNewrez debuts Rezi Mortgage Assistant in ChatGPT for lender-specific guidance

Newrez has launched Rezi Mortgage Assistant, a consumer-facing custom GPT inside ChatGPT that delivers mortgage and home equity guidance grounded in the lender’s own underwriting guidelines and products, the company announced Wednesday. The Pennsylvania-based mortgage lender said Rezi Mortgage Assis
Read MoreUWM’s Jason Bressler says in-house AI agents are changing underwriting, servicing work

Artificial intelligence is reshaping nearly every corner of the mortgage business at United Wholesale Mortgage (UWM), where chief technology officer Jason Bressler said the company is betting on AI agents to automate underwriting support and servicing operations at a massive scale. Speaking with Hou
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