The upcoming MISMO Fall Summit, September 18-21, is just around the corner. The agenda includes a conversation with FHA Commissioner Julia Gordon and the latest from the GSEs and housing agency representatives.

Since 2020, greater apartment rent increases occurred in markets with higher homeownership costs as lower affordability drove up demand for rental units, reported KBRA, New York.

The emergence of intelligent automation, which is the use of automation technologies--artificial intelligence, business process management and robotic process automation--is transforming how mortgage servicers do business.

The use cases for data inclusion and storage have centered around “data is an asset.” However, will traditional system approaches (e.g., SaaS) create the data robustness necessary for future operations, decision making, and predictions? Looking forward to leveraging AI-enabled solutions, our traditional data is quickly becoming obsolete as innovations transcend our current implementation methods.

The rapid advancement of artificial intelligence technology is raising both hopes and eyebrows across government and industry. Where industry players see tremendous potential benefits in productivity, convenience, and innovation, regulators are equally concerned with the potential risks and dangers AI technology may pose to consumers.

Zillow, Seattle, found in its 2023 Consumer Housing Trends Report that first-time buyers now make up 50% of all buyers, up from 45% in 2022 and 37% in 2021.