The Federal Reserve on Thursday outlined a slate of five new task forces led by prominent academics and business leaders. They will scrutinize how the central bank communicates, manages its balance sheet, interprets data, evaluates productivity and jobs, and responds to inflation. The initiative, de

Bright MLS is set to implement a series of rule updates later this summer designed to give agents more options and sellers greater control over property data. Changes also establish new protections around the use of listing information in artificial intelligence (AI) applications. Other moves includ

Three housing organizations sent a letter this week to leaders at Fannie Mae, Freddie Mac and their regulator, the Federal Housing Finance Agency (FHFA), regarding pending changes to condominium lending rules through the government-sponsored enterprises (GSEs). On July 8, the Community Home Lenders

Homebuyers and sellers are beginning to treat ChatGPT and other large language models (LLMs) like a genie in a bottle. They often trust AI recommendations implicitly because the suggestions are the result of personalized, deep-diving research and an authoritative verification process. The phenomenon