Mortgage Minute: AI innovations, market shifts, and niche opportunities
Mortgage Professional America
Insider coverage of the real estate and mortgage industries, with innovation, tips and info you won't find in the press.
In today's Mortgage Minute
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Pro Tips & Tactics | Actionable advice to boost leads, retain clients, and drive profits.
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Pro tip #1: Why brokers are eyeing operational real estate for new growth
Operational real estate, which covers properties such as hotels, student housing, and healthcare facilities, is becoming an attractive area for brokers. Learn from Diana Brummer of multinational law firm Goodwin why this sector is emerging as a prime opportunity for growth and how you can capitalize on it.
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Pro tip #2: Here’s how you can keep up with AI
Artificial Intelligence (AI) is no longer a distant concept in the mortgage world. AI is transforming everything from loan processes to client experiences. Rocket Pro TPO ’s ?Daniel Sogorka outlines the next steps for AI in the broker space.
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Industry Pulse | Expert insights on market moves and what they mean for you.
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Is a supersized Fed rate cut on the way? ?@Lock It Lending loan officer on why falling rates haven't seen an uptick in activity – yet
Economists are buzzing about the possibility of a significant Federal Reserve rate cut. Marty Medve , a loan originator with Trident Home Loans, LLC. , weighs in on what this could mean for the mortgage market and how brokers should prepare.
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“The Fed said they’re going to drop rates, which they never do, because they realized they got caught with their pants down.”
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Trending Now | This week’s must-read mortgage news – stay in the loop.
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August job report misses expectations
The August job numbers came in lower than forecasted, raising concerns about economic stability. Discover how this slowdown might impact mortgage rates and housing demand in the months ahead.
领英推荐
UWM’s new AI-powered refi spotter
United Wholesale Mortgage has just launched a game-changing AI tool that helps brokers pinpoint the best refinance opportunities for clients. Learn how this tech can help grow your business.
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Specialty Highlights | Hot niche markets to watch: your guide to growth.
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Top commercial story: Commercial loan defaults on the rise
Mortgage Bankers Association reported an increase in commercial mortgage delinquencies driven by office loan defaults. Find out what this trend means for you and how to navigate the shifting commercial landscape.
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Top wholesale story: NAMB’s president lays out future priorities
NAMB - National Association of Mortgage Brokers Valerie Saunders discusses the association’s key priorities for the year ahead, including industry advocacy, regulatory changes, and future opportunities for mortgage brokers.
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Top reverse mortgage story: Louisiana’s seniors turn to reverse mortgages amid sky-high insurance costs
In response to skyrocketing property insurance costs, more seniors in Louisiana are turning to reverse mortgages as a way to manage their finances.
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Question of the Week
What are your biggest challenges when dealing with borrowers refinancing in today's market?
Share your thoughts in the comments section below.
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