Artificial Intelligence is everywhere. However, utilizing traditional system approaches to solutions risks repeating the same mistakes and fragmentation from the last 35 years.

Fitch Ratings, New York, estimated national home prices were 9.4% overvalued on a population-weighted average basis in the second quarter of 2023 and said it expects overvaluation to remain elevated due to continued price increases in the third quarter.

Construction spending grew at a seasonally adjusted annual rate of $2,050 billion during November, 0.4% higher than in October, the U.S. Census Bureau reported Tuesday.

With the logjam in the commercial real estate transaction market top of mind for many, loan servicing and asset management professionals entered the new year with a fresh set of opportunities and challenges defined not by a flood of new originations but the expectation of a growing supply of troubled loans.

MBA NewsLink interviewed Rich Berg, senior director of warehouse and custodial technology at SitusAMC, about warehouse lending process is being transformed by cloud-based technology.

Mortgage applications decreased 9.4% from two weeks earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Dec. 29, 2023.  The results include adjustments to account for the holidays.