Tech Pulse: UWM challenges industry AI fear; Optimal Blue automates refi opportunities
Key news this week includes comments on “AI fear,” Zillow Rentals adding conversational AI and Optimal Blue revealing a new refinance tool.
Optimal Blue
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Conforming mortgage share hit record low in December
At the tail end of 2024, mortgage borrowers shifted their attention away from conforming mortgages and toward refinance opportunities. A report released Tuesday by Optimal Blue found that the conforming loan share sank to historic lows in December.