Longbridge employs One Diligence’s AI platform

One Diligence, a provider of reviews and outsourcing solutions to the residential mortgage industry, announced on Thursday that reverse mortgage lender Longbridge Financial has implemented its artificial intelligence–driven platform to enhance accuracy and efficiency in loan servicing operations. Lo
Read MoreRealtor associations, MLSs push back on steering allegations

The slew of defendants in the Zea antitrust lawsuit filed against the National Association of Realtors (NAR) have been busy rejecting the lawsuit’s claims. On Wednesday, the defendants filed motions to dismiss the lawsuit, as well as a response in opposition to plaintiff Jorge A. Zea’s motion for pr
Read MoreHomebuyers sue D.R. Horton, DHI Mortgage for alleged deceptive lending

A group of homebuyers has filed a class action lawsuit against D.R. Horton, the nation’s largest homebuilding company, and its mortgage lending subsidiary, DHI Mortgage Co., alleging that the companies engaged in deceptive home-selling and mortgage practices that left buyers with unexpectedly high m
Read MoreColorado housing market sees wider price cuts ahead of ski season

Colorado’s housing market shows a statewide median list price of $649,900 with 22,890 active listings, according to HW Data. Nearly half of active listings recorded a price reduction during the week. New supply totaled 1,441 listings while 1,869 homes moved under contract. Inventory gives shoppers m
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