ICE Mortgage Technology has released Ask Regi, an AI-assisted search tool for its AllRegs platform that helps users quickly find regulatory guidance using conversational queries in addition to traditional keyword searches. The mortgage technology company said Ask Regi is designed to streamline response times “by delivering precise search result summaries of complex questions applied to AllRegs,…
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The Masiello commission lawsuit’s defendant list just got a bit lighter. On Friday, the suit’s lead plaintiff Joseph Masiello filed a motion to dismiss several parties voluntarily, but without prejudice, meaning that he could refile his suit against them in the future. The dismissed parties include the Arizona Association of Realtors, Phoenix Association of Realtors,…
Home price appreciation across the country is barely positive compared to last year at this time. Depending on how you measure it, home prices are about 2% higher on average across the country than last year at this time. Late last year, prices were about 4% to 5% above last year. Now, we’re looking at…
As uncertainty over tariffs mounted in February, homebuilder confidence sank. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) fell five points month over month in February to a reading of 42. Economists also attribute concerns over elevated mortgage rates and continued high housing costs to dampening builders’ moods. “With 32% of…