AI assistant Shilo closes $2.6 million seed funding round
The funding round was led by AZ-VC, and Shilo said the funds will help accelerate product development and go-to market expansion.
Technology
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Tech Pulse: Compass touts AI platform, Prudent AI launches non-QM tool
This new weekly series highlights the latest in technology — from tools and integrations to trends — shaping mortgage and real estate.
Goby Homes launches property transaction platform, founder honored by NAR
The platform was developed to reduce transaction failures and cybersecurity risks that continue to plague the real estate industry.
Prudent AI debuts non-QM underwriting tool
The tool applies investor-specific guidelines during initial evaluations, offering lenders and brokers an earlier look at a loan’s viability.
MISMO reverse mortgage workgroup chair on ‘building a bridge to the mainland’
The MISMO reverse workgroup sees recently completed work as a “bridge to the mainland” for mortgage tech, according to its chair.
Tech Pulse: Fannie Mae targets fraud, DirectOffer launches AI assistant
Here’s what happened this week in the latest tech tools, integrations and trends impacting mortgage and real estate.
Study suggests banks are avoiding mortgages in California wildfire zones
The study is awaiting peer review, but it suggests fintech lenders could be taking market share from traditional lenders in riskier areas.
Building an empire starts with your POS
Millennial homebuyers (born between 1981 and 1996) are reshaping the real estate landscape with their strong preference for digital tools and technology-driven experiences. As the largest cohort of homebuyers in the U.S., their tech-first approach influences how properties are marketed, searched and purchased.
MetroList introduces voice-controlled property data app
Agents can speak property details aloud while walking through homes, with the software automatically populating appropriate listing fields.
Lone Wolf’s LionDesk CRM platform to be discontinued
LionDesk will remain operational through September, giving users time to migrate to Lone Wolf’s new CRM known as Relationships.