HECM study examines borrower trends over two decades

A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period. The study, released late last year, … Continue readingHECM study examines borrower trends over two decades

NFM CIO Christos Bettios on building AI solutions from scratch

Editor in Chief Sarah Wheeler sat down with Christos Bettios, chief information officer at NFM Lending, to talk about the company’s private, proprietary GPT that is making his whole team more efficient. Bettios has been at NFM Lending for seven years and previously worked at … Continue readingNFM CIO Christos Bettios on building AI solutions from scratch

NFM CIO Christos Bettios on building AI solutions from scratch

Editor in Chief Sarah Wheeler sat down with Christos Bettios, chief information officer at NFM Lending, to talk about the company’s private, proprietary GPT that is making his whole team more efficient. Bettios has been at NFM Lending for seven years and previously worked at … Continue readingNFM CIO Christos Bettios on building AI solutions from scratch

Sidekick announces new partnership with South Florida MLS 

Artificial intelligence (AI)-powered real estate assistant Sidekick unveiled a partnership with South Florida’s BeachesMLS on Thursday. The collaboration will allow 43,000 agents that serve Broward, Palm Beaches and St. Lucie counties to leverage Sidekick’s integrated datasets and workflows. The collaboration comes on the heels of … Continue readingSidekick announces new partnership with South Florida MLS 

Sidekick announces new partnership with South Florida MLS 

Artificial intelligence (AI)-powered real estate assistant Sidekick unveiled a partnership with South Florida’s BeachesMLS on Thursday. The collaboration will allow 43,000 agents that serve Broward, Palm Beaches and St. Lucie counties to leverage Sidekick’s integrated datasets and workflows. The collaboration comes on the heels of … Continue readingSidekick announces new partnership with South Florida MLS 

Housing costs continue to burden American families: NAHB

In the first quarter of 2024, 38% of a typical household’s income was needed to make a mortgage payment on a median-priced, new single-family home in the U.S. That’s according to the Cost of Housing Index (CHI) unveiled Thursday by the National Association of Home … Continue readingHousing costs continue to burden American families: NAHB

Newsweek turns eye toward reverse mortgage pros and cons

A reverse mortgage has potential utility for a homeowner in the right situation, but loan terms must be observed closely to remain in good standing and avoid the possibility of foreclosure. This is according to a look at the reverse mortgage product category published by … Continue readingNewsweek turns eye toward reverse mortgage pros and cons