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Proof launches AI-powered fraud detection tool

Proof launches AI-powered fraud detection tool
housingwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from housingwire.com Daily Mail and Mail on Sunday newspapers.

Joint ventures between title firms and real estate companies are under the microscope

Opponents say the title JV business model  currently under scrutiny from regulators harms consumers. Supporters argue it creates a better overall experience for the buyer. Our look inside the next frontier of industry regulation.

FedNow: instant payments or instant fraud?

The Federal Reserve is launching a new payment rail in July, but the title industry is afraid they are sacrificing security for speed.

Servicing, Marketing, DSCR, Correspondent Tools; STRATMOR on Customer Service; RESPA Loan Comparison Sites

Not every house is a 3 bedroom, 2 bath, single story subdivision home. Appraisers and underwriters aren’t big fans of places that aren’t, due to the lack of comps or the problems in “salability” should something go wrong. Inventive housing? Watch this house slide open to reveal Flexible Spaces (and an open-air bathroom). Some people have a home theater, but here’s a theater home for sale. And, finding homeowner’s insurance aside, what do kids do in this house when told to clean their room? Housing prices, just like mortgage rates, have at their base the influences of supply and demand. So this story is particularly interesting: “Investor purchases of U.S. homes fell by 45.8 percent on a year-over-year basis, with the largest declines occurring in pandemic boomtowns such as Las Vegas and Phoenix.” In other housing and finance trends, Seattle-based Flyhomes’ mortgage division is offering a “Buy Now Refi Later” p

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