Recent leadership team changes have hit the cloud-based brokerages. On Monday, LPT Realty announced that Michael Valdes, the former chief growth officer at fellow cloud-based firm eXp Realty, has been named as the CEO of LPT International. In this role, Valdes will lead the international expansion of LPT Realty, including…
Continue reading →The Federal Housing Administration (FHA) on Monday announced that its computer systems, including FHA Connection (FHAC) — which provides FHA-approved lenders and business partners with secure online access to computer systems at the U.S. Department of Housing and Urban Development (HUD) — have been restored as of Monday morning following…
Continue reading →San Diego-based Guild Mortgage is the latest mortgage lender to announce the use of artificial intelligence (AI) to improve its operations through the launch of an in-house system. The platform, dubbed GuildGPT, is integrated into Guild’s knowledge database and allows employees to deliver customized and instant information on company products…
Continue reading →San Francisco-based private lender Kiavi announced Monday that it has closed another multimillion-dollar securitization of residential transition loans (RTLs), bringing its six-month volume of issuances to nearly $1 billion. The $350 million unrated securitization announced this week adds to similar transactions that have taken place since the start of the…
Continue reading →Artificial Intelligence-powered real estate assistant platform Sidekick announced its newest strategic partnership on Monday. The company is teaming up with OneKey MLS to provide more than 45,000 MLS subscribers across the New York City metro area with access to Sidekick-integrated datasets and AI-powered workflows. “We are thrilled to join forces…
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